Should you purchase a new or used automotive?
Buying a automotive is likely one of the largest bills now we have throughout our lifetimes, so wouldn’t it make sense to determine if shopping for a new or used automotive is the most effective bang in your buck?
In 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 cause I in contrast a Toyota Camry to a BMW 5 Series and a Mercedes E-Class was to indicate you two totally different sides of the automotive shopping for spectrum. I perceive that these automobiles aren’t essentially “competitors” to at least one one other, but it surely was the most effective instance to indicate the automotive depreciation curve.
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ABOUT ME 👇
My mission is to offer my viewers with actionable content material that allows them to create monetary wealth. My movies are a reflection of my real-world expertise as a 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 would wish to watch, and due to that, I give 100% effort in each video that I make. I additionally consider in full transparency and open communication with my viewers.
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DISCLAIMER: I am not a monetary adviser. These movies are for instructional functions solely. Investing of any variety includes threat. While it’s attainable to attenuate threat, your investments are solely your accountability. It is crucial that you just conduct your personal analysis. I am merely sharing my opinion with no assure of positive factors or losses on investments.
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