WATCH THIS LIFE HACK BEFORE YOU FINANCE A CAR

Transcript

00:00what's your car a sprinter van 2014 20 miles 250 000 you're not a millionaire status not yet i saw

00:07a lot of speculation online that you're a multi-millionaire which was interesting i wouldn't

00:11want you to go like too crazy and buy something fancy but we could get you a halfway decent car

00:16in cash what do you think about the people that are like hey get a loan like at the dealership

00:20they're trying to get me to get a loan do you think that's a scam well you can finesse it right

00:24and you demonstrate that you're a credit card person you know how to utilize credit if you

00:28were able to get an interest rate that was like three percent or less which is what i like to go

00:33for cars the money that you put down instead of paying the whole thing in cash you can throw the

00:37rest in the market and it will beat that three percent plus depreciation of the car most likely

00:41which is good finessing but you don't know anything about money so i probably wouldn't want you to do

00:47that anyway just buy the car in cash yeah