The FI School

014 | How to Buy a Used Car

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Everything you need to consider when buying a used car!

Joshua Sheets from Radical Personal Finance lays out 5 steps to buying a used car in his 5-part podcast series. Today, Russell and Jared talk about these 5 steps in depth!

  1. Don’t buy a car if you can avoid it
  2. Decide what you want and need in a car
  3. Decide how much to spend
  4. Decide on a new car vs a used car
  5. The single best technique to source a quality used car

    6. Stay tuned for the BONUS discussion on Electric Cars to find out just how much it costs per year to drive an EV compared to a gas car.


    If you'd like to ask us a question, email us at [email protected] and we might just discuss your question on the show!


    Resources:

    Electric Cars

    Top EVs

    https://cars.usnews.com/cars-trucks/rankings/electric-vehicles

    https://www.motortrend.com/style/electric/


    Electric Prices around the US

    https://www.bls.gov/regions/midwest/data/averageenergyprices_selectedareas_table.htm


    Tax Credits

    https://electrek.co/2023/01/03/which-electric-vehicles-still-qualify-for-us-federal-tax-credit/


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    The FI SchoolBy Jared Mataitusi and Russell Flynn