Buying a Truck: Cash, Loan, or Lease? - Episode 181

Ken just helped a client negotiate a truck purchase last week. The client is a retired nuclear engineer and asked Ken if he would meet the salesperson, help with the negotiations and help him decide which financing option was best: cash, loan, or lease?

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.

Links and Resources from this Episode

DISCLAIMER For resources and additional information of this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance 

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Show Notes

A recent story that just occurred - 1:07 Getting a loan or lease - 2:04 Start with negotiating the best price - 7:02 Don’t be emotionally attached to the decision - 8:48 Leases can be very advantageous - 11:29 Leases can make a lot of sense - 14:02 Getting a fair interest rate - 15:22 How banks make so much money - 16:19

 

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