How to Get a Great Deal on a New Car

Beyond Finances

English - August 23, 2019 09:00 - 27 minutes - 22.2 MB - ★★★★ - 45 ratings
Investing Business Education Self-Improvement personalfinance budgeting finance investing money Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: 3 Paths to Become a Self Made Millionaire

Next Episode: Is This the Next Recession?

20: After 12 years, 130,000 miles, and many seasons sitting out on the streets of Boston being pelted by salt trucks and/or really bad parallel parking jobs, it was time to trade in our old Mazda and upgrade. So we bought a new car!

But first, we had to figure out how to do it and not spend This process brought up a WHOLE lot of questions for us, like:

How do you determine when you really need a new car... and when it's just a luxury? Is it better to buy new or used? Pay in cash or get a loan? (Spoiler alert: we paid in cash and saved up before we seriously thought about buying.) Are you an idiot if you buy a new car even though you know how much they depreciate the nanosecond you sign the paperwork and claim it as yours? How do you avoid getting screwed at a dealership?

...and more, including the most important question of all: How do I get a great deal on a new car?

We did the research, went through the process ourselves, and snagged the exact car we wanted at a verified "great" price (according to the pros at sites like CarGurus).

In this episode of the show, we're sharing exactly what we learned so you can leverage this knowledge for yourself and score your next car at not just at a low price, but for an overall good deal on what you actually want.