Full Show: Don’t Make This “Horrific” Car Buying Mistake and New Rules For Travel Rewards

Рет қаралды 19,075

Күн бұрын

A new report discovered that one third of car buyers go straight to the dealership without doing any research in advance. Find out why Clark is so shocked and the steps you need to take before you purchase a vehicle. Also, American Airlines is making a big change to how fliers earn rewards. But it goes beyond airlines. There are several issues for travelers redeeming awards right now. Clark explains everything you need to know. Plus, Clark shares a tool that can help you see hotel ripoff fees before you book and his favorite ways to score a deal on a room.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the May 14, 2024, episode of The Clark Howard Show.
00:00 - Intro
01:32 - Don’t Make This “Horrific” Car-Buying Mistake
11:13 - Ask Clark - Reconstructed/Salvaged Title Used Car
14:01 - Ask Clark - EV with the MA rebate
15:22- Ask Clark - What does Clark think about Car Warranty
16:49 - Clark’s Favorite Hotel Booking Sites
23:27 - Ask Clark - Junk Fees from Hotel
25:36 - Ask Clark - Third Party Seller for Trip to Africa
30:20 - Ask Clark - How To Choose a Tour Company (Clark.com )
32:58 - Ask Clark - Visa to China
Mentioned on the show:
clark.com/cars/how-buy-used-car/
clark.com/cars/how-buy-new-car/
clark.com/cars/extended-car-w...
clark.com/travel/hotel-deals/
clark.com/travel/how-to-choos...
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Пікірлер: 59

@bgregg55 Ай бұрын

We lost all interest (i.e.-got smarter) in buying new cars & basically now keep our cars till the wheels fall off. I couldn't care less what the neighbors think.

@g.t.richardson6311 Ай бұрын

Same here, I’m 63.. although the Ciera and 2005 escape were bought new 1979 Olds delta 88 bought from dad and a company car, 1984..1988 1988 olds Ciera, 1988.. 2005 2005 ford escape, 2005.. 2014 2012 ford escape, 2014… present .. it still has life

@Clark Ай бұрын

Well said! 👏👏👏

@marygarati720 23 күн бұрын

I love to watch and listen to Clark. I have recommended him to my daughter and son and a few of my friends.

@Summerdee223 Ай бұрын

Clark, you would be someone fun to travel with! I'm sure your enthusiasm is contagious to your travel companions.

@magnoliap5824 Ай бұрын

A dealership tried to sell me a lifetime extended warranty, it was free for 6 months, then $100 a month. My response was No Thanks. I have the cash to pay for repairs after the regular warranty ends. 😂

@margaretfinney6546 29 күн бұрын

Love how you love everything about traveling. You are so blessed to have that excitement on every trip.👏 God Bless You Clark and your family. Love your show.

@MilaN-lt2mq Ай бұрын

Just want to point out that sometimes insurance companies will scrap a car, but there is nothing really wrong with it. My son had a deer jump on the car hood and damaged one of the head lights. There was nothing wrong with the car mechanically. The insurance company mechanic couldn't get a replacement because the manufacturer stopped making the parts for that car model, so the car was "scrapped" by the insurance company. We got the value of the car payout. Our mechanic was able to find a salvaged head light. He replaced it for about $600. And the insurance company re-insured the car with no problems.

@Clark Ай бұрын

Good point! 💚

@BobDobbs681 Ай бұрын

Maybe don't buy a car unless you can pay cash.

@Clark Ай бұрын

That's a good option, but we recognize that it's not feasible for a lot of people. We're ok with financing for 42 months or less. 💚

@Mr_New_Vegas_685 Ай бұрын

I could have paid cash but I qualified for a 1.9% interest rate for 36 months and I’m making 4.6% in my HYSA. I will probably pay it off in less than 12 months but having good credit gave me the option to not have to drop all 30k at one time.

@cindypatrick785 Ай бұрын

That’s our next plan to replace my 2008 Kia Optima which has 145,000 miles on it right now. We are going to pay cash on an older used car, but not until we are completely debt free, including our home mortgage. I’m leaning towards a Toyota Camry because of the lower maintenance cost and their reliability. 8:53

@Retiredmco Ай бұрын

Only way I buy! FACT'S

@sunkissed6220 Ай бұрын

Bingo!

@dougjeter2951 Ай бұрын

Sorry, Clark I work at a dealership as a finance manager. The most a dealership can mark an interest rate up is two points. so if we offer you at interest rate of 8% we are buying the rate at 6% I do recommend the buyer check with her credit union first and then let the dealership try to match the credit unions rate

@bv226 Ай бұрын

We’ve had success after booking by third party site in getting the hotel host/hostess to add our rewards number at check in and got the points. Never hurts to ask…politely.

@e-care-books9867 Ай бұрын

#BonusTerm - "Mandatory Option" - The crazy hotel junk fee I think Clark was thinking of. (Heard about it on your show, Team Clark.) Thanks!

@t.w126 Ай бұрын

So glad you posted this. My accord 70k engine went out. Not even 5yrs old.

@patriciabarrow9761 Ай бұрын

Agreed about working through the Amex portal. I was in the travel business for many many years. Something I've noticed they don't always show all flight availability vs. What is on airline sites. It is almost like they are forcing you into certain options. Thanks for sharing all these tips.

@charlessommers7218 Ай бұрын

Great show 😊

@jorget.924 Ай бұрын

14:01 Tesla is currently offering 0.99% apr!!! I figured I would hear Clark mention it on today's episode.

@acornsucks2111 Ай бұрын

I didn't know new car prices came down.

@brookel4787 3 күн бұрын

Clark is so adorkable! (And I mean that strictly in the very best way.)😍🤩💖

@feoman Ай бұрын

When we had to buy a car for the Mrs we called our Credit Union and pre-arranged finance. The Financing Director at the dealership took a look at the terms from the credit union , came out to meet with us and said: "We're not even going to try to match this!" 😂😂

@cindypatrick785 Ай бұрын

We did the same in 2008 when we were able to get 3.8% interest w our credit union. We bought our Kia Optima . Already having our finances handled sure made the time we spent in the sales office less stressful 🙂

@Clark Ай бұрын

😂 This is how you do it! 👏👏👏

@Clark Ай бұрын

@@cindypatrick785 Worked like a charm! 🙌

@colemant6845 Ай бұрын

I love the recent hotel charge in CC called "Minimum Wage Law" fee. It was $19/Night!

@jerrylundegaard2592 Ай бұрын

Just part of the price.

@AnnemWatson391 Ай бұрын

Ty Clark I need to know how to finance a car with a mid range credit score

@Clark Ай бұрын

It's the same process, no matter your credit score. The key to getting the best rates available to you with your credit score is securing the financing ahead of time with a credit union or online bank (whichever offers the best rate). 💚 Here's how to buy a new car: clark.com/cars/how-buy-new-car/ Here's how to buy a used car: clark.com/cars/how-buy-used-car/

@tomm7505 Ай бұрын

FYI, Clark, American Airlines is based in Fort Worth, not Dallas.

@steveludwig4200 Ай бұрын

Always has....Eff Dallas.

@marietaylor5174 Ай бұрын

Thank you Team Clark.

@peterrebhahn1113 Ай бұрын

Clark is right -- do your car-buying homework, and there's no better way to do that than the 'Kevin Hunter the Homework Guy' KZbin channel. Not trying to dissuade people from using Clark's website and advice, but Clark is a generalist whose advice covers the entire range of consumer purchases. Does Clark go to a general practitioner for his heart health? No, he goes to a cardiologist. Kevin Hunter is the cardiologist of car buying. If you're unfamiliar, just go to his channel and browse the back catalog of videos and, if you know nothing about how car dealerships actually work be prepared to be shocked -- and disgusted.

@jerrylundegaard2592 Ай бұрын

And while you are with Kevin Hunter make sure to buy some of those super duper MPGxtreme gas tablets the guy peddles.

@TheLifetraveler1 Ай бұрын

I have my used vehicle inspected by the local Honda dealer which was down the street,from the purchasing dealer. They revealed the car was in good condition and only needed to have the brake fluid changed. Cost was $150. It was worth it.

@Clark Ай бұрын

💯