Behind the Numbers: Buying a New Car, With Lauryn Williams and Chloé Moore

Welcome to Round 2 of the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They will take you behind the numbers with real-life examples of financial situations to help you gain confidence and clarity to control your financial destiny. In this episode, Lauryn and Chloé discuss a purchase people make that often puts them in a hole they don’t need to be in—buying a new car. End-of-the-year car sales are here, but do you really need a new car?  In this episode, Lauryn and Chloé talk about: Pros and cons of leasing a vehicle The additional expenses of leasing a car Pros and cons of buying a vehicle Things to consider about monthly payments Why Lauryn and Chloe are driving older cars The importance of a fund for car maintenance If “no money down” is really a good deal or not How to save to buy your car with cash Considerations for buying an electric car How to calculate how much you can afford when buying a car Tips for buying a new or used car If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media: Instagram: @worthwinning Twitter: @worth_winning Facebook: @worthwinningfp LinkedIn: @lauryn-williams If you want to further connect with Chloé Moore: Instagram: @financialstaples Twitter: @finstaples Facebook: @finstaples LinkedIn: @chloemoore Shared quote:  “I had more clothes than I had closets, more cars than garage space, but no money.” -Sammy Davis, Jr.