#037 The true cost of car ownership

04/10/2025 41 min Episodio 37

Listen "#037 The true cost of car ownership"

Episode Synopsis

In this episode of the Moneymatics Podcast, Omobobola is joined by Joseph Akande to dive into the intricacies of car ownership. From the challenges of getting a driver's license in Sweden to the pros and cons of leasing versus buying, they share personal stories and insights. Whether you're considering a new car or just curious about the financial aspects of car ownership, this episode offers valuable perspectives. Tune in to learn more about making informed decisions that suit your lifestyle and financial goals.Chapters00:00 Introduction to Car Ownership02:49 The Journey to Car Ownership07:04 Deciding on the Right Car09:57 The Process of Buying vs. Leasing17:12 Understanding Additional Costs of Car Ownership21:47 Understanding Hidden Costs of Car Ownership27:27 The Dilemma of Car Choices: Practical vs. Aspirational32:48 Leasing vs. Buying: Weighing the Options36:37 Exploring Carpooling as an Alternative40:12 Personal Finance: Making Informed Decisions

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