Everything you need to know about buying a car

An imprudent decision to buy a car could affect your credit score negatively. On the other hand, taking the right decision will give you the comfort you need while maintaining a good credit score. In this video, you will learn everything you need to know about buying a car.

#car #personalfinance #lease #wisdom

Timestamp
(1:02) 1. How do you want to pay for the car?
(1:45) 2. What do you want to use the car for?
(2:17) 3. Where do you want to use the car?
(2:44) 4. What is your budget?
(3:07) 5. Do you need a used car or a new car?
(3:38) 6. What is the cost of maintenance?
(4:17) Three ways you can own a car
(6:37) Two ways to finance a car
(8:04) Advantages of buying a new car
(8:24) Disadvantages of buying a new car
(8:44) Advantages of buying a used car
(8:57) Disadvantages of buying a used car
(9:38) Tips on how to evaluate a used car

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
- The Audible link is an affiliate link meaning if you make a purchase using the link, I will receive a small commission at no extra charge to the buyer.

[actuallybusiness]

*I will succeed for my parents, for all they have made for me! I hope you will too!!*

[jlcfreitas]

the best advice when buying a car is to "NEVER BUY a BRAND NEW CAR", buy 2nd hand, the depreciation is crazy, loses 15-20% instantly when you leave the dealer.
3-5 year old should be the best option overall for reliable brands

[SimpleLifeSG]

Many young people do not think much about the cost of having a car in Singapore before they purchase it. The cost of a car is sky high compared to other countries.

[SmartMoneyAnimation]

"They say that money can’t buy happiness, but I would rather cry in a Ferrari than on a Honda"
– ANONYMOUS

But in all seriousness, its in your best financial interest to buy a gently used 3-5 year old reliable car. There's still plenty of miles left on it and most of the depreciation has occurred.

[kendrickl]

My girl needed her to bring paystubs and bank statement last week and I was worried about her not getting her car 😴 but everything good now only because of deelscafe good work 👍

[dererishi]

Excellent video ☺️ . Just what a person like me wanted info on . But too many 3rd class advertisement's in between spoils everything . Please stop the breaks in between

[davidkessler]

From D&D narration to professional infomercials. Knew the voice immediately!

[selfworthgroup]

Its all about how you are using it, liability or asset.

[manishdeogam]

what is the fullform DO in purchasing a car???

[rainonyourparade]

This video so damn wordy, giving me speeches abt life like damn

[SY-spuo]

Car can be a liability or an asset. It depends how you are using it.

[WisdomWealth]

If you know me, you know how excited I’m about my newest addition to the garage. 😅

[therealsaint]

intelligent video but just had to shout out to deelscafe for bank statements and stub. he really good 😊

[skaminuddinahmed]

In India, we go to school/College by public transport or bike.

[wisdom-for-all]

When life gives you a corner, drop a gear and take it sideways 🖖

[TheGuestRoblox.]

But I will never can buy but my mom said you can do it son

[daisyainembabazi]

Watching this knowing I have no money to even buy a tyre 😂😂

[jefferybensimmons]

*No 1: Don't Only Hope On Government Responds On Security Matters And Economy Growth, *

*No 2: As An individual, You Should Be Safeguarded And Also Look For Different Self Business And Trade Not Only Waiting On Betterment Of Stock Market Activities, *

*No 3: Most Important Always Save The Little You Can And Think Of What To Do With It When It Becomes Good For Capital, *

*Because Government Have Failed Us In Aspect Of Security, Economic Activities And Other Trading Systems.*

[Talkinglife]

Cars are assets to those who know how to go about it...

[bawabro]

Suv for fuckall roads is my only parameter