097. Buying vs. Leasing a Car (Pros and Cons) / Ask The Money Nerds

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There are plenty of options when it comes to purchasing a car, but which one is going to preserve your cashflow? Today, on our Ask The Money Nerd Segment of the Wealth labs Podcast, We brought back Tim Cardon to run the numbers and make sure you are getting the best deal when purchasing your car!

Time Stamps:
1:47 – The Money Nerd’s First cars?
4:56 – Why Garrett Leased his first Cars?
6:50 – Things to be aware of when a car dealership gives you a “Deal”
8:15 – Why a business owner might consider a lease vs a loan
9:30 – I have had a car lease for the last 7 months, does the cash flow index apply to this type of “loan” and what are your recommendations I should consider?
11:00 – Why you might consider a lease over purchasing a car more on the personal side
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What Would Billionaires Do - https://wlth.co/yt-garretts-billionaire-book

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