In this webinar, you will discover:
- Six Recurring Expenses that You’ll be Incurring After Purchasing a Car.
- Calculate The Car Price that You can Truly Afford.
- Should I Buy a Car with Cash or Loan?
- If you take a hire-purchase car loan, how long the term should be? 3, 5, 7, or 9 years?
2 replies to "How to Benefit from Car Ownership Guilt-Free Without Breaking Your Finances"
great insights from kc about opportunity cost or rate of return deciding on cash or loan towards a vehicle purchase. Negative equity reminded me of a conversation with an old guy ( a retiree ) who purchased a very expensive and valuable car with cash.
He said ” I am an investor , did you think i blindly purchased this car for use at the last leg of my life, he is 73, of course not, I researched high and low on historic car prices and this particular model is the only one that costs more as newer versions comes into the market . My car is 3.5 years old i bought it for XX amount and today it will cost you YY amount more significantly to buy it. I was dumbfounded by his amazing explanation.
Thanks for sharing too. There are some cars that is getting more expensive due to the limited number of vehicle being made. And usually those are high-end cars like the one your friend bought.