ACCOUNTANT EXPLAINS: Should You Buy, Lease or Finance a New Car
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In this video we discuss four of the main ways you can purchase a new car. We go through what they are, which one is the the cheapest and how to work through the numbers, the opportunity cost and the psychological factors.
There are many other ways to purchase a car including a personal loan/ a financing option through a third party - but to keep things simple, I cover four of the most common methods in this video.
Other videos you may enjoy:
How to Pay Less Tax: https://www.youtube.com/watch?v=hrmkylMitsk&t=375s
Buy Vs Rent a House: https://www.youtube.com/watch?v=vVYENjyRjdE&t=412s
⌚️Timestamps
00:00 - Intro
00:52 - What's the difference
02:34 - Which is the cheapest
07:27 - Psychological Factors
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DISCLAIMERS & DISCLOSURES
This content is for education and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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