March 25, 2025

Part 2 - Using IBC to Buy a Car

35 minutes

Episode 11: Part 2 - Using IBC to Buy a Car

Hey everyone — welcome back to The IBC Guys Podcast! If you caught Part 1 last week, you know we started breaking down how to buy a car using the Infinite Banking Concept (IBC). Well, today, we’re rolling up our sleeves and getting into the weeds.

🚘 Part 1 Recap: We walked through Nelson Nash’s example from his book, comparing buying a car with a Certificate of Deposit (CD) versus using an IBC policy. Spoiler alert — the IBC method starts slower but wins big in the long run. Today, we’re tackling why that happens and how to make sense of the numbers.

👉 Three Big Reasons We Do This Podcast:

Education: We’re here to empower you to make informed decisions — even if you decide IBC isn’t for you.

Practical Examples: Like buying a car — a relatable, everyday purchase — to show you how this strategy works in real life.

Spread the Word: We’re passionate about sharing this knowledge. If you like what you hear, help us spread the word!

🔍 Breaking Down the Numbers: We walk through Nelson’s chart, comparing Method D (a traditional CD) and Method E (IBC). In year 1, the CD looks better — $5,200 vs. $1,933 in cash value. But the IBC policy comes with a death benefit — nearly $478,000 from day one. That’s a game-changer for your family.

Fast forward to year 7: the CD sister has $41,000, the IBC sister has $36,000. Looks like the CD wins, right? But — and it’s a big one — the IBC policy now holds over $571,000 in death benefit. If something happens, her family gets that. Meanwhile, the CD sister leaves behind $41,000 (maybe less after taxes). Which legacy would you rather leave?

📌 Long-Term Vision: By year 15, the IBC policy pulls ahead in cash value too — $705,000 more than the CD by retirement age. It’s not about quick wins; it’s about the marathon. Are you okay trading $5,000 upfront for $700,000+ down the road? We’d say yes.

💡 It’s Not About the Numbers — It’s About the System:

You don’t need $5,000 a year to start. Whether you’ve got $150/month or $50,000/year, IBC adapts to your budget.

It’s flexible. The 7-year example is just that — an example. Policies can last 4, 7, 10, 20 years — whatever fits your life.

Legacy wealth. We’re not just talking about saving money. We’re talking about building a financial system that benefits your kids, grandkids, and beyond.

Resources Mentioned:

📩 Email: [email protected] | [email protected]

📞 Call: 507-205-2284

📅 Schedule a consultation: https://calendly.com/dave-familybankingsolutions/30min

📱 Follow us on social media:

Dave’s Facebook: https://www.facebook.com/dave.parmerlee

Dave’s Instagram: https://www.instagram.com/dave_ibcguys/

Dave’s Linkedin: https://www.linkedin.com/in/david-parmerlee-121bb3293/

Mike’s Facebook: https://www.facebook.com/profile.php?id=100090029017545

Mike’s Instagram: https://www.instagram.com/mike_ibcguys/

Mike’s Linkedin: https://www.linkedin.com/in/mike-stevens-962186336/

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By daveibcguys

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