Across the country, about 12% or more people paid $1,000 a month or more to finance their cars in 2024, with some states polling over 25% of people. Is financing a car purchase the best route as interest rates and vehicle costs rise?
The guys discuss options for auto payments, including buying with cash, leasing and financing, and factors to consider when deciding the best payment option for your financial plan. Plus, they review the tax implications for financing versus leasing.
Have questions or ideas for Hunter and Judson? Reach out at cainwatters.com/wealth. Don’t miss an episode, subscribe and leave the guys a review on Apple Podcast, Spotify, or wherever you listen.