Why cars lose value when you drive them off the lot… explained!
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Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.
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⏱️ Timestamps:
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Ai says never buy a new car unless you like instantly being robbed of thousands of pounds
Thank you for your contribution to the world of online entertainment. Your videos are always interesting and memorable.😘🐊🏋️
Thank you so much for your creative findings. Your videos are a real inspiration.🫦🖤👏🏻
Thank you so much for your wonderful work. Your videos are always an oasis for me in the hustle and bustle of everyday life. Thank you for your creativity and contribution to the community.
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Dealers are useless….. I should be able to buy it online and move on. We just need places for maintenance and to really test drive it.
Having a clown ripping me off is not necessary
I bought a Yoshi game for Nintendo switch for $60. I didn’t like it, so I brought it to GameStop and they offered me $14 for it. I think this concept is very easy for kids to understand.
Don’t care, im buying another s10 lol
So 8-10 years old car is best
If you can wait 5 years to pay a bank more money to own your car you can wait 5 years to pay alot less and never have a payment save your money want no interest on a car payment make one payment and negotiate a lower price on the car 20k car and walk in with 16k they won’t say no
They should teach this in school. Also, I love the illustration in the video.
I mean, that’s most things. If I buy a pair of Air Jordan XIs and walk around in them, there’s no way I can sell them for the full retail value. What we should be teaching kids in school is to “buy assets and not accessories.”. Assets go up in value (like stocks, real estate, etc) over time (or at least they should).
Not now lol
Just bought a used car from 2019, but from the dealership…hopefully I don’t lose too much there. Thanks for your videos!
Just buy used vehicles, private party. Avoid paying fees. Put on the pink slip that you paid less than what you actually did so that your registration fees are less.
Having a loan on a car is one of the dumbest things, especially if it is a brand new vehicle. If you can’t afford it in cash don’t buy it.