@jadewarshaw: I LOVE to tell folks YES!!!!! However, there are some rules for getting to yes. Here are the 5 Rules to get to “YES” on a new/used car 1️⃣Paying cash in full. 2️⃣Baby Steps 1-4 in place 3️⃣No more than 1/2 annual income in vehicles or other things with engines 4️⃣For a *brand new* car, (not used) your net worth needs to equal 1 million or more in order to take the initial depreciation hit with zero 🤬 given. 5️⃣You’ve properly weighed the opportunity costs, and both spouses agree if applicable #buyingacar #newcar #brandnewcar #debt
Jade Warshaw
Region: US
Friday 05 January 2024 15:47:42 GMT
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B :
How is this even a question? They can clearly do it lol
2024-01-05 16:56:09
21402
Nicole | TikTok Shop :
Like WHO makes this much money and has this much saved??
2024-01-05 22:57:46
9233
dealwentsour :
theyre just overthinking. u have $100k saved up and make $300k combined? 🤨
2024-01-11 20:16:54
5
eden :
300k a year??? man they're rich rich
2024-01-06 18:32:08
304
Basicallyrays :
Why would you need a million dollar net worth this makes no sense. Even if i lost my job id have enough i don’t need a million.
2024-01-08 21:57:17
5
borjaq.64 :
60% of their value in 3 to 4 years?!?!?
2024-01-08 10:37:42
5
AryMetodoCanino :
How they can talk about those big amount of money, in my country the common anual income is $5400
2024-01-08 01:03:24
5
Mavix VR Real Life Gaming :
My network is -12 cents
2024-01-09 00:40:54
5
travelbooksandvinyl :
None of these questions matter. It’s more about what rate would you get on a car loan versus how much you could make in investments/high yield savings
2024-01-10 15:37:14
5
this.girl.can. ✨ :
300,000!!! why do I live in U.K 🥺
2024-01-08 21:13:13
5
KatyMom :
It depends on the interest rate if the interest is low don’t pay in cash. A new car is almost always better cuz you will not have issues with it for a
2024-01-08 16:26:25
5
bighorse :
If you’re a business owner you should finace the car , the interest is a tax deduction and the repayment is a deduction on your taxable income .
2024-01-09 20:16:33
5
bulletstorm 🇨🇦 :
new cars lose 60% of their value in the first 3 to 4 years ? have you looked at the car market recently?
2024-01-10 17:54:09
5
Fox. :
A Lexus will not lose that much from new. To talk cars you need to know car numbers. Real ones.
2024-01-13 01:17:21
5
mrs_no-name :
get the new car. we don't earn half of that and still bought new if you intend to keep 8 years.
live rich life now, you can die any day
2024-01-09 22:13:43
5
Gavin :
lol. Wut
2024-01-08 21:00:24
5
Ang Probinsyana 🇵🇭🇦🇺 :
use a credit card and maximise points
2024-01-08 13:28:43
5
Shelley :
Pay cash on something around 30 k
2024-01-09 12:28:10
5
Lamelo :
"oh yeah... i think so... i think we have A MILLION DOLLAR NET WORTH" wth? 😭
2024-01-09 00:41:03
5
fancy_witchdelnorte :
Why are y’all jealous of this lady? She has her finances in order and wants to confirm a purchase.
2024-01-13 00:55:23
5
jules_wv :
we paid 20k cash for a used (2022) vehicle. couldn't use CC and didn't want to pay interest. we also paid 1500 for extended warranty.
2024-01-08 14:36:48
5
Nothing :
Wtf I was Wacthing culturally significant moments you still think about somehow it skipped and I thought this was one of them😂 wacthed the whole vide
2024-01-08 20:38:13
5
iaredi sabinas :
then if vehicles lose 60% of the value in the first 2 years, why the 2nd hand cars are so f*** expensive?!! 😤
2024-01-09 03:18:05
5
Ian Harvey👑 :
why is 1 million the base amount that always means your rich? 300k a year is rich and a 70k car is nothing
2024-01-11 20:40:06
5
AnnonL :
I bought $55k brand new Lexus suv and I don’t have a $1 million and feels GREAT to drive around in a car I love
2024-01-05 18:08:57
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