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Life Kit

How to buy a car with confidence

Life Kit

NPR

Kids & Family, Self-improvement, Business, Health & Fitness, Education

4.54.9K Ratings

🗓️ 17 July 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

Buying a car can be intimidating. This episode will help you strategize to avoid all the potential pitfalls, so you can drive away with a good deal. This episode originally published February 18, 2020.

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Transcript

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0:00.0

You're listening to LifeKit.

0:02.0

From NPR.

0:04.0

Hey everybody, it's MaryL.

0:07.0

We had a special treat for you today.

0:09.0

It's an encore episode from 2020 by the Fantastic Chris Arnold.

0:13.0

And it's about how to buy a car.

0:15.0

Chris is a correspondent at NPR and he is hands down

0:19.0

one of my favorite people to listen to.

0:21.0

He is this way of making finance super clear and understandable

0:25.0

but also just funny and engaging.

0:28.0

So here it is.

0:30.0

I think you're going to learn a lot.

0:32.0

Car buying can be tricky.

0:39.0

Those folks at the dealership, they know everything about how to play this game

0:44.0

and you don't.

0:45.0

When I was being trained to be a car salesman,

0:48.0

the teacher drew what looked like a speedometer on the whiteboard

0:52.0

and he said, you need to get your customer up on the excitement meter.

0:56.0

That's Philip Reed.

0:58.0

He spent decades helping people make smarter car buying decisions

1:01.0

and that excitement meter he's talking about,

1:03.0

you want to keep an eye on that too.

...

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