Get Invested With Bushy Martin

Should you pay cash, finance or lease your vehicle or equipment? Michael Johnston is back again to continue the discussion.  The short answer to this question: It depends. It depends on the specifics of your situation and circumstances, there isn’t a one size fits all approach to funding your assets.  But one thing is for sure, FOMO is dangerous - and it is very easy to get sucked in to that car yard’s ‘once in a lifetime deal’ only to find yourself in a world of financial pain. This again is where the dual concepts of access versus ownership and opportunity cost that we touched on in last week’s episode come into play. And if it’s better in your particular situation to finance it, do you take out a personal loan, hire purchase, lease, novated lease, chattel mortgage or other alternative? The truth is, that in our time poor world, asset finance is becoming increasingly more complex, confusing and overwhelming, so to enable you to see the forest from the trees and better decide what’s right for you, experience