car buying

Consumer Reports Car Buying 101

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.

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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? Today we go one better with Mike Quincy, Automotive Specialist at Consumer Reports.

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?

  • Do I need to buy the extended warranty?

  • Which manufacturers should I avoid?

We also discussed the reliability of high end vehicles like Mercedes and BMW and what the future holds for autonomous cars.

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.

Have a money question? Email me here.

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