Elizabeth Ayoola

Thanks so much for having me. Up next, we answer a listener's question about whether it's the right time to buy a car. But before we get into that, a reminder to send us your money questions. Are you wondering how to recession-proof your investment portfolio? Maybe you just experienced a big change to your personal and financial life and you want some help adjusting.

Thanks so much for having me. Up next, we answer a listener's question about whether it's the right time to buy a car. But before we get into that, a reminder to send us your money questions. Are you wondering how to recession-proof your investment portfolio? Maybe you just experienced a big change to your personal and financial life and you want some help adjusting.

Thanks so much for having me. Up next, we answer a listener's question about whether it's the right time to buy a car. But before we get into that, a reminder to send us your money questions. Are you wondering how to recession-proof your investment portfolio? Maybe you just experienced a big change to your personal and financial life and you want some help adjusting.

Leave us a voicemail or text us on the Nerd Hotline at 901-730-6373. That's 901-730-NERD. Or you can email us at podcast at nerdwallet.com. In a moment, this episode's money question. Stay with us. We're back and we're answering your money questions to help you make smarter financial decisions. This episode's question comes from Tiffany in Colorado who sent us an email. Hello, nerds.

Leave us a voicemail or text us on the Nerd Hotline at 901-730-6373. That's 901-730-NERD. Or you can email us at podcast at nerdwallet.com. In a moment, this episode's money question. Stay with us. We're back and we're answering your money questions to help you make smarter financial decisions. This episode's question comes from Tiffany in Colorado who sent us an email. Hello, nerds.

Leave us a voicemail or text us on the Nerd Hotline at 901-730-6373. That's 901-730-NERD. Or you can email us at podcast at nerdwallet.com. In a moment, this episode's money question. Stay with us. We're back and we're answering your money questions to help you make smarter financial decisions. This episode's question comes from Tiffany in Colorado who sent us an email. Hello, nerds.

I've been driving a 2009 Honda CR-V with 136,000 miles. This car has been great to me, but it's starting to require more repairs. I invest in my 401k and I'm working on increasing my emergency fund. So my goal was to keep it for the next two or three years, then purchase another car. But of course, now I have to weigh in the tariffs.

I've been driving a 2009 Honda CR-V with 136,000 miles. This car has been great to me, but it's starting to require more repairs. I invest in my 401k and I'm working on increasing my emergency fund. So my goal was to keep it for the next two or three years, then purchase another car. But of course, now I have to weigh in the tariffs.

I've been driving a 2009 Honda CR-V with 136,000 miles. This car has been great to me, but it's starting to require more repairs. I invest in my 401k and I'm working on increasing my emergency fund. So my goal was to keep it for the next two or three years, then purchase another car. But of course, now I have to weigh in the tariffs.

Chances are both new and used cars will be significantly more expensive in a couple of years than they are now. If I purchase now, I will need to finance for a longer period of time, probably 60 months for a used car. I know that that's not ideal and I will pay more in interest.

Chances are both new and used cars will be significantly more expensive in a couple of years than they are now. If I purchase now, I will need to finance for a longer period of time, probably 60 months for a used car. I know that that's not ideal and I will pay more in interest.

Chances are both new and used cars will be significantly more expensive in a couple of years than they are now. If I purchase now, I will need to finance for a longer period of time, probably 60 months for a used car. I know that that's not ideal and I will pay more in interest.

But will I end up spending less than if I were to wait three years, pay more for the car, but finance for a shorter duration? One note, I do have excellent credit. I would love your nerdy input as I go through this decision tree. Tiffany in Colorado. Now to help us answer Tiffany's question, we're joined by Shannon Bradley, an authority on auto loans and no stranger to this podcast. Hey, Shannon.

But will I end up spending less than if I were to wait three years, pay more for the car, but finance for a shorter duration? One note, I do have excellent credit. I would love your nerdy input as I go through this decision tree. Tiffany in Colorado. Now to help us answer Tiffany's question, we're joined by Shannon Bradley, an authority on auto loans and no stranger to this podcast. Hey, Shannon.

But will I end up spending less than if I were to wait three years, pay more for the car, but finance for a shorter duration? One note, I do have excellent credit. I would love your nerdy input as I go through this decision tree. Tiffany in Colorado. Now to help us answer Tiffany's question, we're joined by Shannon Bradley, an authority on auto loans and no stranger to this podcast. Hey, Shannon.

Excited to have you and talk through cars today. All right, Shannon. So this listener has an important question about the timing for car buying. So let's start by broadly discussing how tariffs could impact car prices over the next few years.

Excited to have you and talk through cars today. All right, Shannon. So this listener has an important question about the timing for car buying. So let's start by broadly discussing how tariffs could impact car prices over the next few years.

Excited to have you and talk through cars today. All right, Shannon. So this listener has an important question about the timing for car buying. So let's start by broadly discussing how tariffs could impact car prices over the next few years.

Should listeners be letting tariffs influence their car purchasing decisions, especially considering how erratic tariff news has been?

Should listeners be letting tariffs influence their car purchasing decisions, especially considering how erratic tariff news has been?