
828b cars: how much to spend, how much to borrow + some good rules of thumb
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
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The skinny
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