Coronavirus: Buying a Car Part Two

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 21 June 2020

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Times are tough for millions during the coronavirus pandemic, but for those with the financial wherewithal, it may be the perfect time to buy a new car. Low-interest and zero-percent financing deals abound, along with cash-back offers and attractive lease terms. Not to mention that many car manufacturers are pushing deferred payment plans that can delay the first payment on a new car for as many as two or three months. To help us break it down, we're joined by good friend of the pod, Mike Quincy, Automotive Specialist at Consumer Reports. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to the Jill on Money coronavirus market update. It is Sunday June 21st. It is Father's Day. So happy Father's Day to everybody out there. We are fortunate to have a very
0:16.2	special father who is joining us for the second day in a row. Mike Quincy, he is an
0:22.1	automotive writer at Consumer Reports.
0:25.0	What are you going to do to celebrate being a father?
0:28.0	Well, I was thinking that I was going to wake up and my wife was going to blindfold me and walk me out to the garage and say,
0:35.6	I got you a new Porsche 911 for Father's Day.
0:39.8	And no.
0:40.8	Not happening.
0:41.8	I think they...
0:43.0	Yeah, Mark just said he thought that this was going in a very different direction.
0:48.0	But instead we'll probably have eggs Benedict or something like that.
0:53.3	Thanks very much though.
0:54.7	All right, Mike, you are the car guy, or one of the big car guys at Consumer Reports.
1:01.8	And so that means you write about this, you rate cars, you drive cars.
1:06.0	Quick question for you. I know we haven't talked about this in a while, but you know,
1:09.4	Tesla stock has gone ballistic on the upside. What's the best Tesla model that people should
1:16.6	be looking at if they want to go electric? Tesla has had great success selling their
1:21.7	model three and that's their lower price sedan.
1:25.7	This car almost single-handedly has helped electric cars at least have a tiny blip on the radar.
1:32.1	This car did very well one Consumer Reports test. It's quick. It handles well.
1:37.0	Yeah, it's very stylish. I mean, when you see a Tesla pass you, there's no question about what it is.
1:42.0	And Consumer Reports members have also
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