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The Clark Howard Podcast

8.14.24 How To Buy A Used Car / How Big Landlords Set Rent Prices

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 14 August 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

The number one issue people are contacting Team Clark about: Buying a used car. Clark goes back to basics on how to purchase a used vehicle, so you know how to protect yourself before setting foot on a dealer lot.  Later - Antitrust lawsuits allege corporate landlord price collusion via software. What apartment renters need to know and strategies to get the best deal on rent.  Buying A Used Vehicle: Segment 1 Ask Clark: Segment 2 Apartment Rent: Segment 3 Ask Clark: Segment 4 Mentioned on the show: How To Buy a Used Car (Clark.com) Should You Buy an Extended Warranty on Your Car? Online security: Our promise to you - Investor Vanguard Vanguard's Online Fraud Policy Safer Ways To Send Money NYTimes: Lawsuits Mount Over Software Used by Landlords to Set Rents Trust Pilot - Kensington Tours  /  BBB - Kensington Tours Cancel for Any Reason Trip Insurance: Should You Buy It? Best Travel Credit Cards: Top Rewards Picks for 2024 Is an HSA the Best Way To Save for Future Medical Expenses? Where Should I Set Up My Health Savings Account (HSA)? 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

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0:00.0

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0:07.0

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0:15.1

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0:24.6

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0:27.5

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0:31.1

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0:43.8

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0:49.2

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0:55.2

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1:00.1

dot com for details.

1:09.0

I'm so glad you're with us 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.

1:17.0

And in today's episode, I gotta do something that has been bugging me for a while. You know we track every person who

1:26.7

contacts us at our team-clark Consumer Action Center that's our free one-on-one

1:31.9

advice service and there is a trend that is

1:37.2

clear beyond measure. And that is the number one thing we're hearing about from people is problems with

1:49.7

used cars and used cars would always be in our top 10 or top 15 things we'd hear from people about.

1:59.2

And we have a database where we can see the trends month by month year by year what's going on and

2:07.3

something that emerged in the run-up of used- car prices in 21 till this moment, even though used car prices peaked in early

2:19.5

23 and have now fallen somewhere more than 27% since then, the damage was already done.

2:26.8

So month after month after month, the number one thing we're hearing from people is about nightmares with a used car that they

2:35.5

purchased and when I say car I mean any kind of pickup truck SUV whatever this is

...

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