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Deal talk 091 Buy or Lease

Deal Talk

Release Date: 04/06/2017

What is a factory certified pre-owned vehicle? show art What is a factory certified pre-owned vehicle?

Deal Talk

What is a factory certified pre-owned vehicle Electric used is worse Brand is the key factor in choice CPO vehicles and value Read all the material for a specific certified unit Check points sound huge but Just marketing another way Bank rates with CPO vehicles are the same Factory certified can cost several thousand more Why pay in advance for what might happen Low mileage and a clean car fax Only the brand can certify the brand The retail book value does not have an add on for certification Certification versus resale value, zero Sometimes the promises lower your guard ...

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Should you buy an electric vehicle? show art Should you buy an electric vehicle?

Deal Talk

Electric versus gas facts, you decide Pro is a short list EV’s cost many thousands more Resale will be less making the effective cost of ownership even more Green new deal crazy Reviews and reports on electric Hybrid Plug in hybrid Total electric The resale facts Cost benefit ratio is High cost low benefit 1 Kw = 4 miles average Weight vs distance 32 Kw for 100 miles Kw’s cost between 25 and 50 cents Gas isn’t that much different Convenience has value Price , distance, time, safety The most recent concern  Safety Building batteries is a crazy program

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The story on upside down, aka under water, aka minus equity show art The story on upside down, aka under water, aka minus equity

Deal Talk

The story on Upside down, aka under water, aka minus equity Any list of quality brands, just use the top half Rate price, resale and repair record first Large wheel size usually doesn’t help you Under water, minus equity, upside down What can you do? Why does it happen? This market may have an opportunity Type 1 and type 2 upside down Due diligence To minimize minus equity Start with the right vehicle Eight tips for the future

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Fix the old or get a new one show art Fix the old or get a new one

Deal Talk

Should you keep and fix your current vehicle or trade it  Leasing and buying have different priorities What are CAPA stickers The crazy market can change plans How old is yours How does you vehicles future look You need about 2 more years If you must buy search outside of your market as well Forced savings for a new project Limit resale loss Short term lease, maybe Ask yourself the right questions Keep your old one could lower insurance cost as well

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Reviewing the key dealing tips show art Reviewing the key dealing tips

Deal Talk

Reviewing the dealing tips Electric shoe box with wheels $30,000  A fancy Corolla size $150,000 Problems are definitely an EV subject Processes vary but the basics are the same Having the info is key Getting the payment where you want can be a mirage Trust  but verify The work sheet is your friend Used vehicle checks must be thorough Leasing has rule changes, ask questions  Read what you sign Bike buyers don’t be an impulse buyer Finance in the extras if you can

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Motorcycle buying tips and a gas saving list show art Motorcycle buying tips and a gas saving list

Deal Talk

Motorcycle buying tips and a gas saving list Who knows where gas prices will go? There are many ways to save on fuel Do as many on the savings list as possible A little, plus a little, plus a little, equals a lot Motorcycle buying is not as crazy as many markets right now Ask yourself the right questions Touring, sport, long, short? What culture? Insurance can be a huge factor Due diligence could be a bigger savings than a standard car Due diligence is the same Dealers can vary by huge numbers More for you to check on a used Avoid electric bikes

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The current story on leasing show art The current story on leasing

Deal Talk

The current story on leasing Where will we get the materials for batteries? Many industries will be competing for those materials EV sales are on a downhill slide Leasing advantages list Different terminology To shop lease you must know the terminology Research is still key Closed end Open end No maintenance Divide or multiply by 2400 for the interest rate or the lease factor Acquisition, inception, termination Guaranteed resale value is wonderful residual sign and drive Wear and tear Annual mileage allowance Term is best 36 months or less Trading elsewhere is still a question

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Shop before negotiating and used vehicle buyer tips show art Shop before negotiating and used vehicle buyer tips

Deal Talk

A Quick list for used vehicle buying Hold off a bit longer if you can A dozen ideas out of 100 Shopping before any price talk America is angry Pricing is still crazy , thanks Joe Get your sea legs before you talk price Complete bank info Trade in info Get your price range Just worry about product comparison Negotiation is always after due diligence and that’s after product

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Important considerations when buying a truck show art Important considerations when buying a truck

Deal Talk

What to consider when buying a truck  EV Tesla loses 182 billion EV sales are off  and Companies are teetering on losses Like I said resale issues, another 15% Now trucks are more than trucks Resale and discounts don’t mix High current market will cause huge resale losses The market remembers Pickup box size matters Transmission and resale Engine, bigger is usually better, even now 4x4 = $x$ Keeps on giving Know exactly what you need Factor needs vs resale Finance dollars are a bigger factor Used truck market is nuts Carfax Check for Flood even more so  Now is not the time to...

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 EV History and After the purchase of any vehicle show art EV History and After the purchase of any vehicle

Deal Talk

Electric vehicles have a long history of trying Before fossil fuel When is enough, enough? First hybrid a long time ago by who? Number 6 Manufacturer There are things to do preparing for the long hall Make sure you got what you paid for Check everything after the delivery as well Check all paperwork numbers Read he manual or if needed, get one, even the keeper Used, change fluids Is Vehicle climate change the chicken or the egg? Clean it Get all the carry on extras Do the protection Set up maintenance Air tag or tile Keeping it, Prepare it for starting over

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More Episodes

Buy or lease?

  1. News
  2. Review the CPO
  3. What is the lease story?
  4. Never more than 36 months
  5. Avoid the normal up keep
  6. Build the mileage in
  7. Resale is king
  8. Trade, sell or buy
  9. Sales tax
  10. Truly democratic choice
  11. Do the research
  12. 2400 figures the rate
  13. Sign and drive makes it easier to compare
  14. Ten years can be best
  15. Four instead of two, in ten years
  16. Don’t pay cash