08.22.24 UPDATE: Selling A Vehicle / Amazon Safety Recall Ruling
The Clark Howard Podcast
Clark Howard
4.6 • 5.2K Ratings
🗓️ 22 August 2024
⏱️ 33 minutes
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| 0:00.0 | It's great to have you here on the Clark Howard Show. You know, our mission is to serve you with advice and information that empowers you so you make better financial decisions in your life. |
| 0:16.7 | And I'm going to begin today with one of the important things that happens with what I do and that is I have to be willing to modify my |
| 0:29.5 | advice as the reality changes. |
| 0:32.5 | There's such a habit of saying, |
| 0:33.8 | oh, well, you should do this, this, and this, |
| 0:35.9 | and not adapting to the circumstances change. |
| 0:38.8 | So there's some stuff I've said that is no longer accurate and I want to correct it straight ahead about what |
| 0:47.6 | happens in the car market and also there's a big fight going on about Amazon that you need to know because it involves your health and safety. |
| 1:01.0 | I want to make sure you know how this plays out for you if you are a routine regular |
| 1:08.3 | Amazon shopper. So I have said for a good while that the balance of power when you want to trade in a car or you want to sell a used car you have, that the balance of power has shifted to you as a |
| 1:27.6 | consumer because of your ability to get price quotes on selling a car rather than the traditional way of trading one in |
| 1:38.0 | and never figuring out what you're actually getting for your trade in because of all the financial |
| 1:44.1 | Jiu-Jitsu they do with the dealer with what you're paying for the new |
| 1:48.1 | vehicle you're getting, what you're getting for the trade in. By the time it's all |
| 1:51.5 | done, you could be ripped off thousands of |
| 1:54.7 | dollars so that's why I became so excited about the sell your car thing that was pioneered by Carmax. |
| 2:05.9 | CarMax has been a game changer for people buying a car |
| 2:11.1 | without doing all the dirty dealing and the games and the grind and all that, the |
| 2:16.3 | price, you know what the price is going to be, all of that. |
| 2:19.8 | That's why Carmax keeps growing and growing and growing market share in the used vehicle market. |
| 2:26.2 | And then they've got this company that came like a flash, |
| 2:30.0 | had a lot of problems, now seems to have write it itself, |
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