By 1979, sales of Walmart had hit $1 billion. That same year, founder Sam Walton bought a 4-speed manual transmission F-150.
When asked why he chose the pickup truck, he responded, “Why do I drive a pickup truck? What am I supposed to haul my dogs around in, a Rolls-Royce?”
To this day, the teeth marks of Sam’s dog Roy can still be seen on the steering wheel of the F-150, where it sits in the Walmart Museum in Bentonville, Arkansas.
I tell you this story not to advocate for purchasing an F-150, but to underscore that our choice of vehicle is a personal one often driven by emotions and desires.
For Sam, he bought his truck for its practicality. You might be looking for something entirely different in a car. Still, it can be hard to decide given the many brands, models, and purchasing options available.
Our clients often approach us to help with their vehicle search, especially regarding whether they should buy a new car, a used car, or take out a lease. Each comes with different financial implications, so it’s essential to fully understand your options to make the best decision for you.
Give us a call today at 513-563-PLAN (7526) or book online here and schedule an appointment. We specialize in answering all your personal finance-related questions.
Regards,
Nikki Earley, CFP®