Episode 181 • • 10:25 - 13:33
181: Jihad Jane Rides Again
Used Car Value, Financial Benefits of Cash Purchases
The high cost and rapid depreciation of new vehicles, such as the Dodge Charger, make them poor investments compared to reliable used cars. Purchasing older models like a 1998 Jeep Wrangler or a high-mileage Lexus with cash is presented as a superior financial strategy to high-interest auto loans. Reference is made to the "Car Talk" hosts' advice that buying new is economically irrational.