Jun 18, 2019
In episode 165 of Financially Simple, Justin shares a personal case study of his own on buying a new car for less.
Buying a new car is often the second greatest expense for most people, so is it possible to save money on this cost? Justin compares methods of paying for a new car and comes up with his own tactic to save big.
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TRANSCRIPT & ADDITIONAL
01:10 - What is The Cheapest Way to Buy a New
04:38 - Buying New
06:16 - Are 0% APR Auto Loans Really Interest-Free?
07:17 - What’s the Catch?
08:50 - 0% APR Loans vs. Rebates
10:45 - The Catch
12:16 - How to Calculate Whether a 0% APR or a Rebate is the Best Deal
15:47 - Summary
Justin A. Goodbread, CFP®, CEPA®, CVGA®, owner of FinanciallySimple.com, is a nationally recognized financial planner, financial educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience starting, buying, owning, and selling businesses. Winner of the Investopedia Top 100 Advisor award and Exit Planning Institute’s Exit Planner Leader of the Year.
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Host Justin Goodbread is a Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.