Build a Better Financial Future

001: Car Buying Tips


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In this episode, Luis talks to Eddie Egan, a car industry veteran who has worked for over 10 years in service, sales, and parts. Eddie is a national award winner as a service advisor and currently works as a Service and Parts Director at a major national luxury brand dealership in New York. 

Notes:

On this episode, you’ll learn tips regarding the following:

 

  • financing vs. leasing
  • benefits of a Certified Pre-Owned vehicle
  • things to consider when trading in your old car vs. selling it in the private market
  • how to best determine whether to finance from the dealer or with your own lender
  • fees to typically expect
  • types of warranties
  • what gap insurance is
  • tips for returning a leased vehicle
  • Maintaining your vehicle at the dealer vs. your own mechanic 

 

Resources:

3 Fundamental “Money Moves” to Make Before Turning 45

https://www.carfax.com/

https://www.kbb.com/

https://www.nhtsa.gov/ratings

...more
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Build a Better Financial FutureBy Luis Rosa, CFP® EA

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