2024, for 38% of overall Americans surveyed by GOBankingRates, is the year consumers plan to buy a car. Before you hurry off to a car dealership with your tax refund, however, you might want to hear.
If there's one thing that Kevin O’Leary and Suze Orman have in common it's their hold-nothing-back approach to financial advice. Although they don’t agree on everything, a segment on "CNBC Make It" highlights a shared piece of advice: You should never buy a new car (or perhaps any car). "You're thinking about buying a car, but let me give you a new idea," O'Leary said. "Don't. "You should never, ever, ever, ever, ever, ever lease a car," Orman added. Don't Miss: If the average American household
Purchasing a new car is about more than just making sure you're financially prepared, though that's an important part of it, too. It's also about determining whether now's the right time to buy and.
Buying a new car may seem tempting after all, not much is better than that luxurious new car smell and the satisfying feel of flawless leather seats! But purchasing used is often the smarter.