Buy vs. Lease

• No down payment. Only money due at inception is the first payment, license fee and refundable security deposit.
• Lower monthly payments. Only pay for the depreciation of the vehicle and interest.
• New vehicle every three to four years. Shorter terms enable you to get a new vehicle more often.
• No risk at maturity. Close-ended leases mean that the future value of the vehicle is guaranteed and the customer is only responsible for excessive mileage, wear and tear, and disposition fee at the end of the lease.
• End of term options:
         -Purchase vehicle at the residual value
         -You can keep the vehile or sell it if the residual is lower than the
           actual market value
         -Finance the balance through a retail installment contract
         -Lease extension -- many lenders offer extensions up to six months
         -Turn in vehicle and walk away -- only pay a disposition fee
         -Turn in vehicle at purchase or lease a new one
         -Many lenders offer owner loyalty programs for price and fee reductions

• Save money. In many states, you pay the sales tax only on the "price difference" as opposed to the full selling price when  you buy without trading. For example, if you buy a car new for $25,000 and you trade in your old car for $8,000, you will pay $1,200 in taxes versus $1,500 if you did not trade in your car.
• Make it easy on yourself. Selling your car requires significant effort on your part. In order to sell your used car you'll have to do things like running a classified ad, field phone and have strangers come to your house so you can go on test drives with them. Then, of course, you'll have to negotiate!
• Avoid car repair. If you sell your car, you will need to ensure it is maintained and all parts are working. This is extra worry and expense on your part. It can include fixing brakes, tires and other big items. If you trade-in with a dealership, they cover all of the reconditioning expenses.
• Protect yourself. Selling your car can be very dangerous and you need to be extremely cautious. When selling on your own, it is extremely important that you set up appointments when a friend or family member can be there with you. This cannot be over-emphasized.
• Walk away freely. If you trade-in your car, you prevent any issues with a dissatisifed customer later on. What happens if the engine burns up or the transmission goes out? If you sell the car, the new owners knows where you live and may contact you. If you trade-in your vehicle, the dealer assumes all of the responsibility and you can walk away carefree!

Available Protection Programs

• Vehicle Service Contract, A mechanical breakdown policy that covers the costs of parts and labor for covered repairs. Available with various coverage levels and deductible options. May also include rental car reimbursement and towing allowance.
• Vehicle Maintenance Programs. Prepaid maintenance programs that may include oil and filter change, 20-point inspection, fluid top-off, routine lubrication and tire rotation with every other visit. Available in various terms and mileage intervals.
• Guaranteed Auto Protection (GAP). Will pay or waive the difference between the actual cash value and net loan payoff in the event your vehicle is a total loss due to fire, theft, or collision. May also include payment of your insurance deductible.
• Tire & Wheel and Roadside Assistance Program. Covers the repair or replacement of your tires and/or wheels due to damage from a road hazard. Includes the cost of mounting, balancing, valve stems, labor, and sales tax. Provides 24 hour roadside assistance that includes change of flat tire, delivery of gas, oil, or water, jump start, locksmith service, and towing.**
• Appearance Protection Program. Protects the exterior finish of your vehicle from oxidation and the elements, and the interior from staining, fading, and aging. There is a 5-year limited warranty on covered damage.

        ** Not available in California

Theft Programs

• LoJack. Vehicle recovery system that works in conjunction with the police department. Reimburses the price of the system if vehicle is stolen and not recovered within 24 hours while under the two-year warranty period.
• Theft Protection Program. A vehicle marking program that deters thieves from stealing your vehicle for parts. Pays a cash benefit of $2500 or $5000 (based on selection of coverage) if your vehicle is stolen and not recovered or deemed a total loss when recovered.
• Alarms. Full-featured security systems including alarms, transponders, starter disablers, and remote start functions. May pay insurance deductible up to $2000 if vehicle is stolen and not recovered.

Tire service for worry-free driving. Routine service is the only way to make sure your tires are properly maintained. When you keep your tires aligned, balanced, rotated and correctly inflated you ultimately:

• Protect yourself and your passengers
• Improve handling, traction and stopping
• Get better gas mileage
• Lengthen the life of your tires
• Reduce the risk of a blowout

Battery Service for a Good Start. Since automobiles have become increasingly sophisticated in electronic components, it is more important than ever to properly maintain your battery. For optimum upkeep, make it a point to have your service provider regularly test and evaluate the condition of these electrical power points.

• Battery
• Starter
• Alternator

With routine service, youll get a quick, accurate and comprehensive analysis of your vehicles entire electric system. That means you can avoid potentially dangerous roadside incidents.

Keep them clean. Clean filters are crucial to maximizing the performance and extending the life of your automobile. To ensure that your filters are maintained well, have your service advisor routinely inspect and change them as needed. There are four filters of concern:

• Air Filter
• Oil Filter
• Fuel Filter
• Transmission Filter

With your regular diagnostic inspections, your service provider will make sure these filters are free of debris and in proper working order.

Sleek Gears Make for a Smooth Ride. Your vehicle requires the right level of assorted fluids to keep it running smoothly. Fluids help keep parts clean and lubricated. Plus, they play an integral part in powering the engine, cooling system, transmission and brakes. Stay smart about fluids to stay safe on the road.

For more information on these tips, please  contact us.