The Money Podcast Should You Buy, Lease or Finance a Car?
Rob unravels the intricacies of car financing, leasing, and purchasing, exploring the various options available for both personal and business use.
He discusses the advantages and disadvantages of each method, stressing that the best choice often depends on individual circumstances and financial goals.
He also highlights the importance of understanding the total cost of ownership, including depreciation and interest rates, while also addressing common misconceptions about car finance
BEST MOMENTS
"Some people think that car finance is only available on new cars, but that's not the case."
"If you're buying something and you're speculating that it's going to appreciate or stay where it's at, I think you can buy cash."
"I think it depends on what it is. There are cars that will appreciate that have, from a scarcity point of view, mean that they will appreciate quite quickly."
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🎙 A NOTE FOR THE #MONEY MAKERS:
The world of money is changing fast. Currencies are being debased, economies are unstable and your financial future is on the line. On The Money Podcast, Rob Moore, a seasoned entrepreneur and property investor dives deep into the truth about money—how to make it, manage it, invest it, and master it. If you’re ready to stop working for money and make money work for you, then this podcast is for you.
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If you don’t risk anything, you risk everything.