A:Answer When you purchase Quicken, you are purchasing a license for the time period specified on the box (usually 1 year). So, if you purchase a disc version, with a license code that is still active, it will automatically upgrade to the latest version after you install it. You will also get free upgrades to Quicken throughout your subscription period, Just a note of caution, purchasing the disc version from places like eBay, doesn't ensure you will get an active license code. Quicken's license codes expire, I think it is either 1.5 or 2 years after they are issued.