Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
J.R. Duren

Why a new car isn’t a smart purchase when you graduate college, according to experts

Gen Z college graduates looking to celebrate their diploma with a new car are making a huge mistake, according to one personal finance expert.

A clip of Dave Ramsey, the financial guru famous for his tough-love approach, recently resurfaced in which he provides straightforward advice for a woman who wants to buy a Tesla Model Y right out of college.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.