Everything you need to know about buying a car

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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

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(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.
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