ilmscore | Prediction Details
"if you have thirty thousand and you paid the four thousand five hundred deposit and then you have the left over to invest in something like the S P 500 or another cash generating asset The question here is can you make a better return on that versus the additional cost of a financing option"
By Nischa | February 19, 2023 | Pending
From video
ACCOUNTANT EXPLAINS: Should You Buy, Lease or Finance a New Car 00:07:05 - 00:07:23
Interpreted Prediction
The speaker suggests that if one has the funds to buy a car outright, they should consider investing the remaining money after a deposit into assets like the S&P 500 to potentially yield a better return than the cost of financing.

Prediction Details

Topic
Buying a car outright vs. investing

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.