What Does the Car Market Really Look Like Right Now?

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 6 May 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode: Explore car buying in 2024, from Carvana's process to the electric vehicle surge and how to maximize your car's sale value. Budgets Beyond the Numbers: How do you manage the emotional aspects of budgeting? What’s the car buying market like in 2024? Hosts Sean Pyles and Elizabeth Ayoola discuss personal budgeting and the future of car buying to help you understand how to navigate financial decisions with confidence. They begin with a discussion of budgeting “beyond the numbers,” with tips and tricks on categorizing expenses into their emotional impacts to make budgeting feel more personal. Today’s Money Question: Is Carvana a good service? Should you buy an electric vehicle if you’re in the market for a new car? NerdWallet autos writer Shannon Bradley joins hosts Sean Pyles and Sara Rathner to delve deeper into the future of car purchases and the electric vehicle revolution. They explore the evolution of electric vehicles, the current state of the car market for both buyers and sellers, and strategies to get the best deal when selling your vehicle. The conversation aims to provide insights on choosing the right time to buy an electric car, understanding the market dynamics, and ensuring a smooth car selling experience. Check out this episode on your favorite podcast platform, including: Apple Podcasts Spotify NerdWallet stories related to this episode: Car-Buying Services: What To Know How to Buy a Used Car 7 Electric Vehicles That Cost Less Than $40,000 Have a money question? Text or call us at 901-730-6373. Or you can email us at [email protected]. To hear previous episodes, go to the podcast homepage. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Prime Video brings thrilling entertainment.
0:03.0	Watch Heavyweight Detective Breacher, Season 3 included with Prime.
0:07.0	Exactly how much danger is this job putting me in.
0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing!
0:22.6	Whatever you're into, it's right here. Prime Video.
0:26.6	Click or tap the banner to find out more.
0:29.6	What's in a budget? If you look at the 50, 30, 20 budget, you have your needs, wants, along with extra debt payments and savings.
0:38.3	But we all know a budget can be much more than that.
0:41.1	We get into it this episode.
0:44.8	Welcome to NerdWallet's Smart Money Podcast, where we help you make smarter financial
0:48.7	decisions, one money question at a time.
0:50.9	I'm Sean Piles.
0:52.1	And I'm Elizabeth Ayola.
0:56.0	This episode, we answer a couple listeners' questions about car buying and selling, including what to know about the electric
1:00.3	car market right now. But first, we're exploring what's really in a budget, beyond the numbers.
1:05.5	And Elizabeth, this is something that you are especially interested in, right? I am, Sean,
1:10.6	because budgeting gets a bad rep, but it can be fun too, especially when
1:15.1	you have something you really want and are working towards.
1:17.7	But it can be equally stressful.
	...

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