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The Clark Howard Podcast

08.14.23 UPDATE: Buying A Vehicle / What The Well Off Well Know About Spending Less

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 14 August 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Clark lends perspective on the vehicle market before, during, and now post Covid. What potential car buyers need to know about the manufacturer-to-dealer pipeline now, for both new and used vehicles - including EVs. Is now the time to buy? Clark’s crystal ball reveals a clear answer. Also, something wealthy folks do to help stretch every dollar. Vehicle Market Update: Segment 1 Ask Clark: Segment 2 Diggin Deep Discounters: Segment 3 Ask Clark: Segment 4 Mentioned on the show Dealers have cars and prices are stabilizing, but people still can't buy a car. Here's why - from USA TODAY Barrons.com: Tesla, Ford, and the EV Inventory Debate on Wall Street Jalopnik: Dealers Now Have Nearly Two Million New Cars Sitting On Their Lots NYTimes.com: Electric Vehicle Prices Fall as Automakers Raise Production Ford Cuts Price of F-150 Lightning Electric Truck by Up to $10,000 - The Wall Street Journal. 17 Free Tips To Make Your iPhone Easier To Use 7 Easy Ways To Free Up Storage Space on Your iPhone 5 Ways To Free Up Storage Space on Your Android Phone One-Percenters Keep Shopping at the Dollar Store How To Open a Roth IRA When Do You Need a Travel Agent? Clark.com resources Episode transcripts Community.Clark.com 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

Click on a timestamp to play from that location

0:00.0

Looking for ways to use less fuel.

0:01.9

At SO, we can help.

0:03.6

Small changes we can make today

0:05.2

can start to help win the energy challenges we all face.

0:08.4

Like your choice of fuel,

0:09.9

making the fuel you buy go further,

0:11.6

and even finding alternatives to using it in the first place.

0:15.1

We call this Thoughtful Driving.

0:17.5

The journey won't be easy,

0:18.9

but we want to start it with you.

0:20.9

Not what you're expecting to hear from a fuel company.

0:23.6

Well, at SO, we think it's time that changed.

0:26.3

Such SO Thoughtful Driving for changes we can all start to make today.

0:35.0

It's great to have you here on the Clark Howard Show.

0:37.5

Our mission is to serve you and empower you

0:40.4

to make better financial decisions in your life.

0:44.7

In the first part of today's episode,

0:47.2

I want to give you an update on buying a vehicle now,

0:51.8

lots of shifting going on in the vehicle market

0:55.4

to your advantage as a consumer.

0:58.7

And later, what's something that wealthy people do,

1:03.7

maybe rich people do,

...

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