One of the biggest financial mistakes people make is either buying too much house or too much car. In today's episode Glen shares his money formula and some good guides for making wise financial decisions around buying cars. He covers:
ππΎ how much to spend on a car
ππΏ the golden rule of car buying
ππ» buying new vs used
π how car loans work
ππΌ balloon payments explained
ππ½ car loan vs personal loan
ππΎ red flags when financing
ππΏ tips for negotiating
ππ» when dealer finance might work
π some listener scenarios
Watch this episode on YouTube: https://youtu.be/5kiCica6PLM
Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://amzn.to/4dE11ai
money money money is proudly supported by Sphere Home Loans and Skye Wealth.
Need a mortgage broker? Check out https://www.spherehomeloans.com.au
Need to review your personal insurances? Head to https://skye.com.au
We hate email spam so we donβt create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.
To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. SYMO Interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.
Hosted on Acast. See acast.com/privacy for more information.
