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53 - Long & Short Term Car Ownership Costs
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As I covered on the last episode, and has been discussed many times so far, there are some big financial advantages if you keep your cars longer. But why is that the case, especially when new cars come with great warranties and have fewer maintenance needs than older cars?
Today's episode gives a thorough cost comparison using the examples of three different, and common, types of car buyers: The Long-Term Owner, the Loan Buyer, and the Lease Customer. Each one has it's benefits, but you may find the costs a bit surprising, so I hope you'll tune in to learn a lot more about the true costs of car ownership and the vastly different impacts they'll have on your budget.
I also share some thoughts on Automotive Trends in the intro portion of this show, explaining how we've had a few "brilliant" ideas come and go, and pointing out some current trends that I hope we don't see around much longer.
To learn more about The Proper Car and the services I provide, please check out my website and social media pages linked below. Thanks for listening!
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