Used Car Insights with Ian Bishop
Abrahams Wallet2 Aug 2023

Used Car Insights with Ian Bishop

Used Cars! What a quagmire! Every fraught transaction can leave you feeling like “I got screwed!” And it can feel like the wild Wild West with bandits around every corner, trying to pawn lemons to the uninformed. Steven has a long conversation with Ian Bishop, who has an insider’s perspective on how this industry really works. He tells us how to maximize trade-ins, when to get rid of your car, how to consider future payments, and even some tips on which 3rd row SUV is a particular GET right now! Listen to Ian and Get Savvy!

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About Abraham's Wallet:

AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/

Apple Podcasts: https://podcasts.apple.com/us/podcast/abrahams-wallet/id1462593706

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This Week's Episode Rundown:

0:00 introduction to the episode

2:54 1 Is this a good time to buy a used car?

3:54 2what’s happening on the car market?

6:33 3 it is good time to sell a car?

7:05 4 recommendations when buying a car

12:25 car dealership models

13:35 independent dealers

14:43 franchise model

18:24 5 it is better to pay cars in cash?

20:51 6 it is better to sell to individuals?

23:09 7 secret: relationship with dealer

24:54 poverty mindset

26:14 difference in rates based on how old is the car

29:36 Steven’s situation: selling an old Toyota Land Cruiser

33:03 interruption 34:33 personal advice

37:45 8 how cars depreciate

40:20 9 trusting car brands

45:50 recap and preview follow-up episode

Avsnitt(341)

DOUGH: 401K Deep Dive, Part 1

DOUGH: 401K Deep Dive, Part 1

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28 Juli 20211h

MISC: Intro to Steven and Church Rant

MISC: Intro to Steven and Church Rant

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21 Juli 202147min

HOME: Summer Adventures

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Steven Manuel and Mark Parrett talk (on the road, with road noise thrown in for FREE!) talk about children, including having a vision for them, curating your children’s friendships (10:15), the road trip Steven went on with his daughters (14:45), whether it’s safe or not to let your kids go to summer camp (19:45), monitoring your child’s inputs (27:45), and cross-pollination (32:30). Join us on our road trip as we talk about yours!

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MISC: Road Trip Mail Bag

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Mark Parrett and Steven Manuel give listeners a review of their Texas road trip, then dive into a pretty-darn-rare event: the Mail Bag! (7:40) They field questions like “If I have $200K, am I rich?”, “What Bible should be my next Bible?”, “When do my new kids start earning me tax credits?”, “Should I discipline my children when they don’t hear me?” (31:30), and… others.

7 Juli 202147min

HOME: Leaving Poverty for Good

HOME: Leaving Poverty for Good

Mark Parrett, snug at home in Utah, talks to Steven Manuel, who’s driving south on I-55, about leaving poverty. Mark gives some tips about what to DO when you’re ready to put poverty into your rear view mirror (if you will. Ahem). Steven encourages repentance and prattles on about what he’s eating on his road trip.

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HOME: Roger and Linda talk about WORK

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Steven Manuel has a conversation with his parents about some basic principles of work, and their stories that illustrate them. How important is working for a father and family leader? Should you do just ANY job, or wait for the PERFECT job? What rights do you have? Does life owe you some opportunities? Sit under the wisdom of the years and learn some truths from Roger and Linda.

23 Juni 20211h

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