Consumer Reports Car Buying 101
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 27 June 2019
⏱️ 27 minutes
🧾️ Download transcript
Summary
If you live in a big city, it can be easy to forget what it’s like to depend on a car. Urbanites tend to walk, take the subway or bus, ride a bicycle, or hop in a cab to get virtually everywhere.
But I grew up in the suburbs and know the vast majority of you listening to this podcast have a deep, personal relationship with your car. After all, next to your home, your car is one of the biggest assets you’ll purchase in life, which is why you are likely to have a ton of questions that need to be answered.
Where does one turn to learn the best car buying tips?
Maybe you have used the Consumer Reports Annual Auto Issue? Today we go one better with Mike Quincy, Automotive Specialist at Consumer Reports.
Mike may have the coolest job in the world. He gets to race, I mean drive, basically every car imaginable around a test track and then write the reviews you read, a dream job for a total car geek.
With almost 30 years under his belt, Mike has the answers to the most-frequently asked car questions:
Buy or lease?Sedan or SUV?Do I need to buy the extended warranty?Which manufacturers should I avoid?We also discussed the reliability of high end vehicles like Mercedes and BMW and what the future holds for autonomous cars. So as you hit the road this summer and fantasize about a new set of wheels, this episode is a must listen before you walk into that dealership.
Have a money question? Email me here.
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https://www.linkedin.com/in/jillonmoney/ https://www.stitcher.com/podcast/jill-on-money"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Hi, it's Jill Schlesinger on this episode of Jill on Money, we're talking cars. |
| 0:08.0 | If you're making decent money and you fall in love with this BMW 5 series |
| 0:12.0 | and the salesperson says, know for a low monthly payment |
| 0:15.2 | blah blah blah blah so don't tell a sales person I can spend $400 a month because |
| 0:21.5 | they will find a way to get you in that car for $400 a month because they will find a way to get you in that car for $400 a month. |
| 0:24.8 | All right, so you know the number but don't tell them the number. |
| 0:27.6 | Right. |
| 0:28.6 | Welcome to the Jill on Money Podcast. |
| 0:30.8 | We're presented by Marcus by Goldman Sachs. |
| 0:33.6 | Today we've got a great recidivist guest, |
| 0:36.4 | Mike Quincy, who is an automotive writer for Consumer Reports. |
| 0:40.9 | He is going to give us all the information we need to know about buying a used or a new car or maybe even leasing a car. |
| 0:48.0 | Remember if you've got financial questions and want to give us a shout just send us an email ask Jill at |
| 0:54.2 | Jill on money.com and you can always go to the website Jill on money.com to |
| 0:58.8 | listen to past shows or get some of our great financial resources. |
| 1:03.3 | Okay, so now let's talk cars with Mike Quincy. |
| 1:06.2 | You're listening to Jill on Money with Jill Schlesinger. |
| 1:11.0 | Mike Quincy, Automotive Writer for Consumer Reports, |
| 1:14.7 | welcome back to the program. |
| 1:16.1 | So glad to be back. |
| 1:17.6 | All right, so you are my car guru. |
| 1:19.9 | You are the guy that I email and text went in a panic at a dealership on December 30th. |
... |
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