Should Physicians Lease Their Vehicles? Ep #15

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October 15, 2024 • 21 mins

We are often asked whether or not physicians should buy or lease a vehicle. While doctors are stereotyped for having expensive and flashy vehicles, we all want to make wise financial decisions when it comes to choosing a vehicle.

People often spout that leasing a vehicle is just throwing money away. But is it? It can be argued that there is a time and place for leasing a vehicle over buying. We dive into the different nuances of buying vs leasing in this episode of Physician Cents.

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You will want to hear this episode if you are interested in...

[3:00] Buying a car is a values-based conversation
[4:53] What do you value in a car?
[12:33] It’s not about keeping up with the Joneses
[14:22] Is leasing a bad idea?
[18:08] Bonus of leasing: You don’t handle repair costs

The best of the best list is a paid sponsorship, but these are professionals/companies that Tyler and Chad collaborate with within their own practices or have been vetted to earn a spot on this list. By supporting our sponsors, it allows Chad & Tyler to dedicate more time to you and the Physician Cents community. If you ever have a question (or not a great experience, which we don’t expect!) about a sponsor, please let us know. We call it the “best of the best” for a reason, and we will maintain that standard for our listeners & viewers.