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Jill on Money with Jill Schlesinger

How to Buy a Car with Consumer Reports Auto Specialist Mike Quincy

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 13 July 2017

⏱️ 33 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, but, today on Better Off, we go one better... we have Mike Quincy, Automotive Specialist at Consumer Reports, one of the pros behind all things car-related at the magazine.  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?Which model has the best crash test ratings?Do I need to buy the extended warranty?Which manufacturers should I avoid?We also discussed which cars are safest for young adults, the reliability of high end cars like Mercedes and BMW, what the future holds for Tesla and the current state of the legacy automakers here in the U.S. 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. “Better Off” is sponsored by Betterment. We love feedback so please leave us a rating or review in iTunes. "Better Off" theme music is by Joel Goodman, www.joelgoodman.com. For a recap of every episode, visit https://www.betterment.com/resources/topics/inside-betterment/better-off-podcast/ Connect with me at these places for all my content: http://www.jillonmoney.com/  https://twitter.com/jillonmoney  https://www.facebook.com/JillonMoney  https://www.instagram.com/jillonmoney/  https://www.youtube.com/c/JillSchlesinger  https://www.linkedin.com/in/jillonmoney/  https://soundcloud.com/jill-schlesinger  http://www.stitcher.com/podcast/jill-on-money  http://betteroffpodcast.com/  https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2

Transcript

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0:00.0

Hi, it's Jill Schlesinger. On this week's episode, we are in the market for a new car, or maybe a truck, or maybe an SUV.

0:11.0

Mike Quincy of Consumer Reports, he's up next.

0:14.2

The best car for a teenage driver

0:16.2

is a two or three year old Honda Accord, Toyota Camry, Ford Fusion.

0:21.8

You want your teenage drivers to have the most advantages in terms of safety equipment.

0:28.8

You want your teenage drivers to have a vehicle with stability control. Welcome to the Better Off podcast sponsored by Betterment, the largest independent online financial

0:38.7

advisor.

0:39.7

Today we are in the market to buy a car or maybe to lease a car or maybe to buy a used car.

0:46.0

Well if that is something that you can relate to or even if you already just bought a car, we've got a special guest. Mike Quincy, he is the automotive

0:55.8

content specialist at Consumer Reports. The reason I love talking to Mike is that he can boil down the car experience in a very easy to understand way.

1:07.0

Now I know maybe you've listened to car talk in the past.

1:10.0

This is not actually that show. This is a show about if you are in the market for a different kind of vehicle

1:18.2

Where do you find a best bet? What are the bargains that are out there?

1:22.6

How do you know what has the best safety rating?

1:26.1

What is hype, what is real?

1:28.9

Every single person out there who drives a car, pay attention. You're going to go buy a car for your kid?

1:36.0

What's the safest car? We're going to talk about that. So stay tuned. It's Mike Quincy of Consumer

1:41.4

Reports and don't forget after the interview with Mike,

1:44.5

we've got the listener question of the week.

1:47.2

If you'd like to get on the program,

1:48.9

just send us an email.

1:50.2

Ask Jill at better off podcast.

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