236: Expenses of Owning a Car

Johnny and Derek do a one-on-one episode about a subject they are both passionate about – cars! We try not to bring them up too much in the show, but both guys are certified car nuts, so this is a fun episode that hopefully you’ll get something out of as well. Your car is an expense that often gets overlooked as many deem it a necessary cost to live life. Nonetheless, the guys talk how to find a deal in this crazy car market, new cars they are in the market for, cars they love, cars they hate and more in this fun riff of an episode. Listen to ILAB 236 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Montenegro / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: NetsuiteJoin the #1 Cloud Financial System now at NetSuite.com/ILAB and receive a special one-of-a-kind financing offer.   Discussed: Everyday Driver The Smoking Tire Johnny’s Porsche he bought in Kyiv Derek ordered a Ford Maverick similar to this which should arrive late 2022 Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) *Johnny and Sam use all of the above services personally. Time Stamp: 04:08 – What is the cost per month of owning a car? 08:00 – Derek’s parking side hustle 09:26 – Is car ownership the worst investment? 11:16 – Derek’s other instagram 12:17 – Johnny’s and Derek’s favorite car podcasts 15:40 – Johnny and Derek discuss options of renting cars 19:50 – Johnny bought a car 33:21 – Derek is ordering a new car 38:04 – Johnny used to own a Miata 41:11 – Johnny’s first car If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.