All the Hacks with Chris Hutchins

Getting the Best Deal on Your Next Car with LeeAnn Shattuck

5 snips
May 26, 2021
LeeAnn Shattuck, founder of The Car Chick and champion race car driver, shares her car buying expertise. She discusses common misconceptions in the car market, the benefits of buying new versus used, and strategies to negotiate the best deals. LeeAnn emphasizes the importance of understanding vehicle depreciation and reliability, and offers innovative tips like renting cars before purchase. She also covers the complexities of inspections and negotiations to ensure listeners drive away in their ideal car at a fair price.
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ANECDOTE

Origin Story

  • LeeAnn Shattuck's love for cars started at age two with Herbie the Love Bug movies.
  • This led to her learning high-performance driving from her dad at age seven and eventually racing cars.
INSIGHT

Cash is Not King

  • Many people wrongly believe paying cash gets a better deal.
  • Dealers often get commissions from financing, sometimes leading to better deals when you finance.
ADVICE

New vs. Used

  • Consider lifestyle, mileage, and depreciation when choosing new vs. used.
  • High-mileage drivers should buy newer cars, while low-mileage drivers have more flexibility.
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