Dave Ramsey: 5 Reasons Why Buying a Used Car Is the Better Financial Choice [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
Steps or his debt snowball method, you may not be familiar with his stance on buying a car. Ramsey has repeatedly stated that unless you are a millionaire, a used car is usually the better option. He cites several reasons for this belief, including that they are more cost-effective. Read Next: 7 Classic Cars Worth Buying for Those on a Budget in 2024 Try This: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy He noted on Ramsey Solutions that even with respondents in the largest study of millionaires, the “average millionaire drives a four-year-old car with 41,000 miles on it.” Additionally, he explained, “8 out of 10 millionaire car buyers choose to not have a car payment.” His main reason for this advice is that financing a new car requires you to pay thousands of dollars in interest for a thing that depreciates significantly the moment you drive it off the lot. If you are considering buying a car this year, consider these five reasons why buying
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News
- 3 pros and cons of investing in gold this May [CBS News]CBS News
- I'm a Shopping Expert: Why It's Not Worth the Time or Money To Return These 4 Items [Yahoo! Finance]Yahoo! Finance
- I'm a Shopping Expert: Why It's Not Worth the Time or Money To Return These 4 Items [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Single Best Thing To Buy at Costco in May 2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Single Best Thing To Buy at Costco in May 2024 [Yahoo! Finance]Yahoo! Finance
COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website