{"id":903,"date":"2015-08-26T16:00:45","date_gmt":"2015-08-26T20:00:45","guid":{"rendered":"http:\/\/www.trepryor.com\/blog\/?p=903"},"modified":"2023-09-07T21:13:02","modified_gmt":"2023-09-07T21:13:02","slug":"buying-a-car-is-just-like-buying-a-house","status":"publish","type":"post","link":"https:\/\/trepryor.com\/blog\/buying-a-car-is-just-like-buying-a-house\/","title":{"rendered":"Buying a Car Is Just Like Buying a House"},"content":{"rendered":"\n<p>When you go in search of that new <strong>pack of gum<\/strong> to buy, do you research the different brands, customer ratings and ingredients online first? Of course not! It&#8217;s a pack of gum. It&#8217;s a buck. Our time is too precious.<\/p>\n\n\n\n<p>This makes a great deal of sense.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>It stands to reason that as the price goes up the amount of time spent educating oneself should also increase, correct? As the kids say, &#8220;Obviously.&#8221;<\/p>\n\n\n\n<p>So that brings us to today&#8217;s topic. We&#8217;re going to talk about the three ways that <strong>buying a car is just like buying a house<\/strong>. Then I&#8217;m going to hit you with the spoiler. Don&#8217;t skip to the end!<\/p>\n\n\n\n<p>Right, let&#8217;s get started&#8230;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Time Spent Researching Cars vs. Time Spent Researching Houses<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"676\" src=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_low-1.jpg\" alt=\"Buying a car is just like buying a house graphic comparison\" class=\"wp-image-21609\" srcset=\"https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_low-1.jpg 600w, https:\/\/trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_low-1-266x300.jpg 266w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\">Often times the lower the value of the item, the more work it needs. But it should also come with a lower price tag.<\/figcaption><\/figure>\n\n\n\n<p>When you need some wheels to get you from Point A to Point B and don&#8217;t have a lot of money to spend, what do you do? You buy a jalopie. A beater. A junker, clunker or bucket of bolts.<\/p>\n\n\n\n<p>Odds are, you won&#8217;t spend nearly the amount of time on this purchase compared to buying a <a href=\"https:\/\/www.classicdriver.com\/en\/cars\/aston-martin?page=1\" target=\"_blank\" rel=\"noopener noreferrer\">vintage Aston Martin<\/a>.<\/p>\n\n\n\n<p>The same holds true when buying a house. Most of the time, house hunters at the lower price levels will <strong>look at fewer homes<\/strong> and make their purchase faster than those in higher price tiers. It only stands to reason.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Car Investment vs. House Investment<\/h2>\n\n\n\n<figure class=\"wp-block-image alignnone\"><a href=\"http:\/\/www.trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_med.jpg\"><img decoding=\"async\" src=\"http:\/\/www.trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_med.jpg\" alt=\"Just like buying a house: Medium Tier\" class=\"wp-image-906\"\/><\/a><figcaption class=\"wp-element-caption\">Middle-class consumers are more likely to buy a mid-size sedan along with a middle-tier house. After all, we&#8217;re all working our way up!<\/figcaption><\/figure>\n\n\n\n<p>So it&#8217;s not just time. It&#8217;s also money! Those looking to spend more money on their car are also more likely to spend <em>more<\/em> on their home.<\/p>\n\n\n\n<p>Now, cars depreciate and homes <em>appreciate<\/em> but both are large purchases in the life of the consumer. And no, I&#8217;m not talking about leases, which are horrendous ways to finance a vehicle, I&#8217;m just referring to smart consumers looking to buy a medium-priced car. These are the same folks who I&#8217;ll help buy their middle-tier home in St. Matthews or Jeffersontown.<\/p>\n\n\n\n<p>These things work naturally the same way.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Car Criteria vs. House Criteria<\/h2>\n\n\n\n<figure class=\"wp-block-image alignnone\"><a href=\"http:\/\/www.trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_high.jpg\"><img decoding=\"async\" src=\"http:\/\/www.trepryor.com\/blog\/wp-content\/uploads\/2015\/08\/just_like_buying_a_house_high.jpg\" alt=\"Just like buying a house: High End\" class=\"wp-image-905\"\/><\/a><figcaption class=\"wp-element-caption\">Now we&#8217;re talking! The life of the rich and famous, or at least those ready to put themselves in amazing debt.<\/figcaption><\/figure>\n\n\n\n<p>When the price tag rises, so does the <strong>number of factors to consider<\/strong>. Satellite radio, heated leather seats, and a navigation system, please. Check.<\/p>\n\n\n\n<p>Then my high-end home needs to come with high-end custom cabinets, a dedicated media room, and an in-ground pool. Yes, I do believe it does.<\/p>\n\n\n\n<p>Once the money starts flying, the number of criteria for both cars and houses goes through the roof!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Spoiler: Expert Assistance<\/h2>\n\n\n\n<p>Ok, now my spoiler. Ready?<\/p>\n\n\n\n<p>In the case of purchasing your car, you&#8217;re <em>basically on your own<\/em>. Sure&#8230; the salesperson at Tafel Motors dealership <em>appears<\/em> to be helpful, but all the while, they want you to buy their Mercedes and not drive down the street to Sam Swope BMW.<\/p>\n\n\n\n<p>That&#8217;s where the buyer&#8217;s agent is <strong>different<\/strong>. We don&#8217;t care which house you buy. We just want you to be <em>happy<\/em> with your purchase. That way you&#8217;ll continue to use us in the future and recommend all your friends to us. (You will recommend all your friends to me, right?)<\/p>\n\n\n\n<p>At the end of the day, the Realtor who helps you buy your home is <strong>actually on your side<\/strong> (or at least they should be if they&#8217;re smart.)<\/p>\n\n\n\n<p>But other than that&#8230; buying a car is just like buying a house.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you go in search of that new pack of gum to buy, do you research the different brands, customer ratings and ingredients online first? Of course not! It&#8217;s a pack of gum. It&#8217;s a buck. Our time is too precious. This makes a great deal of sense.<\/p>\n","protected":false},"author":2,"featured_media":21609,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[680],"tags":[81],"class_list":["post-903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential","tag-just-like-buying-a-house","entry","has-media"],"_links":{"self":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/comments?post=903"}],"version-history":[{"count":3,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/903\/revisions"}],"predecessor-version":[{"id":21610,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/posts\/903\/revisions\/21610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media\/21609"}],"wp:attachment":[{"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/media?parent=903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/categories?post=903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trepryor.com\/blog\/wp-json\/wp\/v2\/tags?post=903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}