Ep. 028 – How to Buy a Car with Consumer Reports Auto Specialist Mike Quincy

If you live in a big city, it may be easy to forget what it is to depend on a car. Urbanites tend to walk, take the metro or bus, ride a bike, or hop on a taxi to get pretty much everywhere.

But I grew up in the suburbs and I know that the vast majority of you listening to this podcast have a deep and personal relationship with your car. After all, next to your house, your car is one of the biggest assets you are going to buy in life, so you probably have a lot of questions that need to be answered.

Where to learn the best car buying tips? Maybe you have used the Consumer Reports Annual Auto Issue, but, today at Better Off, let's get better … we have Mike Quincy, automotive specialist at Consumer Reports, one of the professionals behind all things related to the automobile at magazine.

Mike can have the best job in the world. He comes to the race, I mean to drive, basically all the cars imaginable around a test track and then write the reviews that reads … a dream job for a total geek car. With almost 30 years under his belt, Mike has the answers to the car's most frequently asked questions:

"Buy or lease?"
-Sedan or SUV?
– Which model has the best ratings of crash tests?
"Do I have to buy the extended warranty?"
-What manufacturers should I avoid?

We also discussed which cars are safer for young adults, the reliability of high-end cars like Mercedes and BMW, what the future holds for Tesla and the current state of automakers inherited here in the US.

So as you hit the road this summer and fantasize about a new set of wheels, this episode is a must listen before entering that dealership.

"Better Off" is sponsored by Betterment.

Do you have a question related to finance? Email us at [email protected]

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"Best" theme song is by Joel Goodman, www.joelgoodman.com

Video credits to Jill Schlesinger YouTube channel

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Ep. 028 – How to Buy a Car with Consumer Reports Auto Specialist Mike Quincy

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