John McGuire (CPA): The smart Ways to Buy, Lease, or Own a Car

The Smoking Tire

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1+ y ago 1:34:45

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Should you buy a car or lease it? Can you write your car off? What does the IRS hate? How is the EV rebate changing?

We've had a lot of questions about automotive financing so it's time to bring in an expert! John McGuire is a CPA that's here to talk to us about interest rates, auto loans, bad lease deals, financing pitfalls, and why you should (or shouldn't) roll over your automotive loan.

Finances aren't exciting but money effects us all, and as they say, knowledge is power.

Topics include "what's a write-off"?; writing off cars; buying vs leasing; what the IRS hates; investing in cars; rolling over loans; repossessions; why being a CPA is a great job; and more!

Recorded August 11, 2022

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Want your question answered? Want to watch the live stream, get ad-free podcasts, or exclusive podcasts? Join our Patreon: https://www.patreon.com/thesmokingtirepodcast

Use Off The Record! and ALWAYS fight your tickets! Enter code TST10 for a 10% discount on your first case on the Off The Record app, or go to http://www.offtherecord.com/TST.

Watch our car reviews: https://www.youtube.com/thesmokingtire