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 welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.
Links in this Episode:
Submit your questions: welcome@ProsperityThinkers.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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