Must you purchase a brand new or used automotive?
Shopping for a automotive is likely one of the greatest bills we now have throughout our lifetimes, so wouldn’t it make sense to determine if shopping for a brand new or used automotive is the very best bang in your buck?
On this video I’m going to indicate you a quite simple chart so that you perceive my philosophy conceptually, after which present you a web site with extra tangible numbers to again up my new vs used automotive shopping for philosophy.
The explanation I in contrast a Toyota Camry to a BMW 5 Collection and a Mercedes E-Class was to indicate you two totally different sides of the automotive shopping for spectrum. I perceive that these vehicles aren’t essentially “opponents” to at least one one other, but it surely was the very best instance to indicate the automotive depreciation curve.
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ABOUT ME 👇
My mission is to supply my viewers with actionable content material that permits them to create monetary wealth. My movies are a mirrored image of my real-world expertise as an actual property investor, inventory market investor, scholar of finance, and entrepreneur.
This channel permits me to share my ardour for private finance, inventory market investing, actual property investing, and entrepreneurship. I produce content material that I might need to watch, and due to that, I give 100% effort in each video that I make. I additionally imagine in full transparency and open communication with my viewers.
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DISCLAIMER: I’m not a monetary adviser. These movies are for instructional functions solely. Investing of any sort includes threat. Whereas it’s attainable to reduce threat, your investments are solely your duty. It’s crucial that you just conduct your personal analysis. I’m merely sharing my opinion with no assure of beneficial properties or losses on investments.
AFFILIATE DISCLOSURE: A few of the hyperlinks on this channel are affiliate hyperlinks, which means, at NO further value to you, I could earn a fee when you click on by way of and make a purchase order and/or subscribe. Nonetheless, this doesn’t affect my opinion.