In this episode, the Mechanic, the Accountant, and the Economist begin tackling the huge subject of transportation costs. We’ll sample a few new beers as usual too. If you found this podcast you’re probably familiar with the FI/RE movement that has grown in popularity recently. Here at the FI Garage, we’re all on the path to FI, however, we consider the RE part optional.
Beer #1 – Sweet Leaf IPA – Brewed & Bottled in Duncan by Red Arrow Brewing Company [1:11]
What’s in the News?
- Longtime FIRE member, Kevin O’Leary, getting FIRE all wrong [1:59]
- Freedom 101 – So I’ve Retired Early – Now What? [3:36]
Minimizing Vehicle Expenses
- DIY repairs [6:50]
- Going to the dealer while under warranty: might not be mandatory, check your warranty and document [40:05]
- Making Smart Buying Decisions [11:40]
- Negotiation Tactics [17:50]
- Lemons and Getting the Car Checked Out [21:40]
- What to Watch Out for When Buying a Used Car [36:10]
- Budgeting for Maintenance [37:57]
- Insurance [44:45]
- When to Get Rid of a Car [48:10]
The Money Mechanic’s Jetta [43:49]
2nd Beer – Devil’s Elbow IPA Brewed & Bottled in Squamish by Howe Sound Brewing [31:00]
Reading List
- Ninja Budgeter – 15 Simple Car Maintenance Tips [35:20]
- Ninja Budgeter – How to Buy a New Car (Without Getting Screwed)
- Ninja Budgeter – How to Get The Most Money When Selling Your Used Car
- Ninja Budgeter – 13 Simple Ways to Tell if a Used Car is a Terrible Deal
- Asset Based Life – How to Save Money When Buying a Car [26:45]
- Starting Your Own Self Insurance Company [45:10, 47:40]
- MMM – What Does Your Work Truck Say About You [1:03:15]
Stupid Money Move [57:37]
- Leasing a Car – it’s a bad idea, don’t do it. End of story.
Recent Posts [1:03:55]