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The Clark Howard Podcast

02.09.22 Mark Cuban’s New Rx Savings / AUTO LOANS: 2 Clark Rules.

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Investing, Business

4.65.2K Ratings

🗓️ 9 February 2022

⏱️ 32 minutes

🧾️ Download transcript

Summary

Mark Cuban’s direct to consumer drug manufacturing company is up and running. Clark contrasts Cuban’s CostPlusDrugs and Costco pricing, to chain pharmacy pricing methods, revealing a clear way to SAVE. Also, Americans are getting seriously ripped off on auto loans. 80% of vehicle buyers purchase the wrong way - 8 million are delinquent - 46% are upside down in their loan. 2 Clark rules to live by when financing a vehicle.  Mark Cuban’s New Rx Savings: Segment 1 Ask Clark: Segment 2 AUTO LOANS: 2 Clark Rules: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Your Guide to DIY Home Security Systems GetUpside Review: 6 Things To Know Before You Sign Up Are You Following Clark's Maximum Auto Loan Length Rule? How to Buy a Used Car in 7 Steps Is LifeLock Worth the Cost? Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I think that the holidays feel like frozen noses. I love walking with the dog for long periods of time.

0:10.0

Hopefully it's snowing and you've got to wrap up warm. So I think a frozen nose is

0:13.6

then sweaty armpits because like you're wrapped up so warm but then you're climbing hamps

0:17.9

and heath and you get to the top and you're like and then you can see the breath

0:21.6

but then your nose is still freezing to touch.

0:25.0

Joy in every sip with red cups now back at Starbucks.

0:35.2

It's my pleasure to welcome you to the Clark Howard Show. Our mission is to serve you so you are

0:41.3

empowered to make better financial decisions in your life. In this episode I want to talk about

0:49.2

the continuing expansion of options for you to spend less on prescription drugs. Also I've been

0:56.8

getting plenty of calls about the outrageous car prices in the marketplace these days. But do you

1:03.9

know there's another huge cost that people are overpaying for? There are vehicle loans.

1:10.4

You would not believe how many of your fellow Americans are getting ripped off on vehicle

1:18.4

financing. We got to fix that. I'm going to tell you what you need to know. So last summer

1:27.7

I talked about Mark Cuban, the guy who owns the Dallas Mavericks and is this Brainiac

1:34.2

entrepreneur. Shark Tank. Shark Tank. He's on Shark Tank. He's on Shark Tank.

1:37.5

TV show about entrepreneurs asking for funding. Is that right? Yeah, it's awesome.

1:42.1

Yeah, so I learned a lot watching that show. I got to spend an afternoon, early evening with Mark Cuban

1:50.2

years ago for a TV profile I did on him. I do these TV profiles where I go interview people that I

1:58.3

find fascinating who think outside the box and I did a profile on him. And then he and I played

2:05.3

basketball on the Mav's court and I wasn't very good. He's actually pretty good on the basketball

2:13.8

court. I did sink a three-pointer on him though. We're doing one-on-one. But anyway,

2:19.2

I got very interested last summer when Mark Cuban announced that he was going to start a pharmaceutical

...

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