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The Clark Howard Podcast

03.09.23 The Clark Smart Way To Buy A Car / FSA: Use It Or Lose It

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 9 March 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

So many people dread the experience of walking into a car dealership and trying to negotiate. Information is power. Clark shares how to do the work up front to properly buy a vehicle, and has a NEVER NEVER rule for buying new. Also, the FSA is an awesome benefit, but only if you USE it. A shocking stat you don’t want to be a part of: Half of workers with this benefit lose FSA money. How To Buy A Car: Segment 1 Ask Clark: Segment 2 FSA: Use It Or Lose It: Segment 3 Ask Clark: Segment 4 Mentioned on the show Automotive News - Consumers: Car buying lacks transparency Clark.com How to Buy a Vehicle Are You Following Clark's Maximum Auto Loan Length Rule? Looking to Lower Your Funeral or Cremation Costs? Join a Non-Profit Memorial Society Want a great credit score? Here's a trick you might want to try Workers Lose Billions Of Dollars In Flexible Spending Accounts A Simple Way To Help Your Kid Build Credit 9 Best Free Checking Accounts in February 2023 Best 529 College Savings Plans By State Families can make a tax-free rollover from 529 plans to Roth individual retirement accounts starting in 2024 7 Things on Deep Discount in March 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

This podcast is brought to you by Progressive.

0:02.7

Most of you aren't just listening right now,

0:04.7

you're driving, cleaning, and even exercising.

0:08.0

But what if you could be saving money

0:09.7

by switching to Progressive?

0:11.5

Drivers who save by switching save nearly $700 on average

0:15.0

and auto customers qualify for an average of seven discounts.

0:18.2

Multitask right now.

0:19.7

Quote today at progressive.com.

0:22.5

Progressive casualty insurance company and affiliates.

0:25.0

National average 12 month savings of $698

0:27.9

by new customers surveyed who save with Progressive

0:30.3

between June 2021 and May 2022.

0:33.7

Potential savings will vary.

0:35.4

Discount's not available in all states and situations.

0:38.7

MUSIC

0:43.7

It's my pleasure to welcome you here, the Clark Howard Show

0:46.6

our emissions to serve you and empower you

0:49.7

to make better financial decisions in your life.

0:53.6

So in this episode, I want to talk about how

0:57.0

to buy a vehicle new or used.

1:01.1

Some of the people dread the experience of walking

...

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