Episode Details
Back to EpisodesBuy Cars Better With James Kinson
Description
Want to retire a year earlier? Maybe have a bigger lifestyle budget for travel? You might be able to if you change your relationship with your car.
"According to Edmunds.com, the average monthly payment on a new vehicle is $479. Considering your existing car is trouble-free, saving that $479 per month means an annual savings of $5,748 by postponing the purchase of a new vehicle" (bankrate.com).
In this episode I talk with James Kinson from Cash Car Convert. James is on a mission to change how people think about and buy cars.
- What to look for when you're buying a used car.
- The value of buying used
- The dangers of long car loans
- How to buy a used car
- The value of buying a used car from a new car dealer
- How long a car can last (and still look great)
- Why you should do all the schedule maintenance
In the Market for a Car?
Connect with James and learn how to do it right
Bill and Sally Want to Retire
Based on your feedback from January's Can Carl Retire series, I've created a case study for us to work through in the month of March.
Meet Bill and Sally :
- Bill is 58 years old. Sally is 59
- They've been married for 13 years (their 2nd marriage)
- Both work outside the home
- Each has an adult child from a previous marriage
- Neither has a pension
- Both started saving later in life (early 40's)
- Bill is very worried about the markets and world economy
Sign up and plan alongside Bill and Sally and get access to an exclusive retirement planning webinar