ACCOUNTANT EXPLAINS: Should You Buy, Lease or Finance a New Car

Nischa February 19, 2023
Video Thumbnail
Nischa Logo

Nischa

@nischa

About

I’m a former Investment Banker (with an accountancy qualification) and on this channel we explore all things personal finance, self development and business. Get my free spending tracker: https://nischa.me/ist/

Video Description

👉🏽 My Intentional Spending Tracker (free): https://nischa.me/ist In this video we discuss four of the main ways you can purchase a new car. We go through what they are, which one is the the cheapest and how to work through the numbers, the opportunity cost and the psychological factors. There are many other ways to purchase a car including a personal loan/ a financing option through a third party - but to keep things simple, I cover four of the most common methods in this video. My products: 📶 Intentional Spending Tracker (free): https://nischa.me/ist 📊 How & Where to Invest LIVE Workshop (free): https://nischa.me/investyt 📙 Financial Wellbeing Toolkit: https://nischa.me/plan Other tools: UK ISA and savings accounts: https://nischa.me/plum Free fractional shares worth up to £100 (enter code 'NISCHA'): https://nischa.me/trading212 Timestamps: 00:00 - Intro 00:52 - What's the difference 02:34 - Which is the cheapest 07:27 - Psychological Factors DISCLAIMERS & DISCLOSURES This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support! T&C's apply