Worth It

Is it time to buy a new car? Are you wondering what you should be spending (or not spending) on your new wheels? We know that it’s tempting to buy the newest model hot off the lot, but this week’s episode offers some guidance on what to consider when it’s time to buy a car, how much you should spend, and what to look out for in your payments.    WHAT YOU’LL LEARN 5:20 The role luxury and status have in our purchase decisions 7:45 Why it’s important to consider why you’re buying a car 8:15 Why buying luxury car is not a problem — as long as you can afford it 10:00 Things to keep in mind with a car purchase, including additional costs 12:05 The risks of unexpected maintenance  13:50 How to break down the true cost of a vehicle 15:05 Deciding if you even need a car 15:25 What percent of income should be allocated to transportation, but only if you’re saving enough money 16:20 How everyone’s values will affect how they spend on transportation 18:25 How to pick a car that aligns with your values 23:45 What to do i