Radical Personal Finance cover image

889: How to Buy a Car, Part 4: Decide on a New Car vs. Used Car

Radical Personal Finance

00:00

How Long Does It Take to Get a New Vehicle?

You want a vehicle that's going to have the maximum available life span for you. A new vehicle is most expensive in the first few years, from the depreciation expense perspective. The longer you keep a vehicle, the more that depreciation expense tends to balance out. And if you keep a brand new vehicle for a long time, the overall cost of ownership comes down a lot.

Play episode from 23:11
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app