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!

Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/

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

Spotify: https://open.spotify.com/show/6xbcf3IhayaoKB4sTegPRw?si=4M-m7mwUR0GigEkgrf3aJA

YouTube full episodes: https://www.youtube.com/@abrahamswallet

Twitter: https://twitter.com/abrahamswallet

Facebook: https://facebook.com/abrahamswallet

Instagram: https://www.instagram.com/abrahamswallet

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

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BlogPod: My Favorite Books of 2019

BlogPod: My Favorite Books of 2019

A quick BlogPod this week in which Mark will kick you some good books that were read in the past year or so, and also encourage you to get into a habit of reading things that don’t appear on your computer screen. For those interested, find links to the books right here: The Household and War For the Cosmos, by C.R. Wiley Gospel Patrons, by John Rinehart Endurance, by Alfred Lansing The Sparrow, by Mary Doria Russell Into Africa, by Martin Dugard I am a Field, by Jeff Davenport

19 Feb 202013min

Family Revision with Jeremy Pryor

Family Revision with Jeremy Pryor

What does it mean to be a multigenerational team on mission? Jeremy Pryor, author of Family Revision, joins Steven to talk about his own fatherhood journey, how our culture has created a counter-narrative to the Biblical ideal of fatherhood and how you can start realigning your own family rhythms and goals with a classical understanding of family. This is one of the best episodes we’ve had – learn more about what Jeremy is up to at https://familyteams.com/.

12 Feb 202057min

BlogPod: LoDoFeb

BlogPod: LoDoFeb

I can make you hundreds of dollars in one month by telling you what to NOT do.  You will end that month having eaten well, having fun, and at more peace than when you started.  Don’t think I can?  I can.

9 Feb 20208min

The Porn on Your Phone

The Porn on Your Phone

Do you remember the good ol’ days when a man who wanted to wander with his nether sexual parts had to leave his abode, physically walk into a seedy part of town, enter a building known by everyone to be a house of ill repute, and THEN and ONLY THEN dive into the dark arts? No? I don’t either… But up until recently (let’s say the past 80 years or so, out of the millennia of human existence), there were effectively NO options for having your illicit fancies tickled (or tickling your fancy… or whatever you call that thing) that didn’t require you to at least risk public exposure. Those days are gone, and we are going to talk about the implications for your household. Read up here: https://abrahamswallet.com/2018/09/26/smartphones-and-porn/

5 Feb 202041min

It’s Lo Do Feb!

It’s Lo Do Feb!

Mark and Steven want YOU to join us for Lo Do Feb – the month in which we suck in our financial waistbelts and see just how little we can spend. Whether you use the proceeds to enjoy a little family generosity or to kill off some toxic debts, the month will be good for you. Check out some of the blog posts here, here and here.

29 Jan 202037min

Talking Tech and Boredom

Talking Tech and Boredom

Steven and Mark sit down to chat through a couple of articles that we wrote on technology and the value of sometimes being bored. As we’re trying a new format here, we’d love your feedback. You’ll notice that we had a technical issue mid-pod that forced Steven to the phone lines, but we think you’ll get good stuff none the less. Please let us know what you think! Articles we discuss: Alright, let’s talk about smartphones And: Give Boredom a Chance

22 Jan 202043min

Insurance Finale: Disability & Umbrellas

Insurance Finale: Disability & Umbrellas

We made boys! Kinda how you felt when you sat down for the 32nd session of Netflixing and finally finished The Irishman, we’re at the end of our insurance series. In this double whammy, we discuss disability insurance, umbrella policies and provide you with the cautionary tale of Arsenio the Alpaca. Don’t be like Arsenio – finish strong and tune in for our parting shot on insurance.

15 Jan 202025min

Steven, Paul and Benedict

Steven, Paul and Benedict

Live from the Aronoff Theatre, and then Live from Steven’s treehouse! This week is a longer chat that Steven and his buddy Paul Nichols had about one of our favorite books around these parts – The Benedict Option.

8 Jan 20201h 8min

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