October 15, 2024

Should Physicians Lease Their Vehicles? Ep #15

21 minutes

We are often asked whether or not physicians should buy or lease a vehicle. While doctors are stereotyped for having expensive and flashy vehicles, we all want to make wise financial decisions when it comes to choosing a vehicle.

People often spout that leasing a vehicle is just throwing money away. But is it? It can be argued that there is a time and place for leasing a vehicle over buying. We dive into the different nuances of buying vs leasing in this episode of Physician Cents.

Looking for help with Disability Insurance, Physician Banking, Student Loan Refinancing, Physician Mortgages, Contract Reviews, and more? Check out our "Best of the Best" sponsors page to find a list of the professionals Chad & Tyler team up with for their clients.

You will want to hear this episode if you are interested in...

[3:00] Buying a car is a values-based conversation
[4:53] What do you value in a car?
[12:33] It's not about keeping up with the Joneses
[14:22] Is leasing a bad idea?
[18:08] Bonus of leasing: You don't handle repair costs

The best of the best list is a paid sponsorship, but these are professionals/companies that Tyler and Chad collaborate with within their own practices or have been vetted to earn a spot on this list. By supporting our sponsors, it allows Chad & Tyler to dedicate more time to you and the Physician Cents community. If you ever have a question (or not a great experience, which we don't expect!) about a sponsor, please let us know. We call it the "best of the best" for a reason, and we will maintain that standard for our listeners & viewers.

Connect With Physician Cents