Behind the Numbers: Buying a New Car, With Lauryn Williams and Chloé Moore

Worth Listening

Welcome to Round 2 of the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They will take you behind the numbers with real-life examples of financial situations to help you gain confidence and clarity to control your financial destiny.

In this episode, Lauryn and Chloé discuss a purchase people make that often puts them in a hole they don’t need to be in—buying a new car. End-of-the-year car sales are here, but do you really need a new car?

In this episode, Lauryn and Chloé talk about:

• Pros and cons of leasing a vehicle
• The additional expenses of leasing a car
• Pros and cons of buying a vehicle
• Things to consider about monthly payments
• Why Lauryn and Chloe are driving older cars
• The importance of a fund for car maintenance
• If “no money down” is really a good deal or not
• How to save to buy your car with cash
• Considerations for buying an electric car
• How to calculate how much you can afford when buying a car
• Tips for buying a new or used car

If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:

• Instagram: @worthwinning
• Twitter: @worth_winning
• Facebook: @worthwinningfp
• LinkedIn: @lauryn-williams

If you want to further connect with Chloé Moore:

• Instagram: @financialstaples
• Twitter: @finstaples
• Facebook: @finstaples
• LinkedIn: @chloemoore

Shared quote:

“I had more clothes than I had closets, more cars than garage space, but no money.” -Sammy Davis, Jr.