Prosperity Podcast

Buying vs Leasing a Car – Episode 205

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about the advantages and disadvantages of buying vs leasing a car. This topic comes from a recent article by Jane Bryan Quinn in AARP magazine.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

 

Links in this Episode:

Submit your questions: hello@partners4prosperity.com

Free ebook and audiobook: Financial Planning Has Failed

 

Show Notes:

00:00 Intro

01:50 The authors opinion focuses on three different options

02:37 Challenges from the lease company

04:22 The biggest issue with a lease and how they add up massive fees.

06:05 If you’re going to do a lease understand all the costs

08:09 Paying cash vs financing cars

10:56 Each time you decide to get a new car look at dealer financing vs your own financing

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