Buying a new or used car can be a confusing process. After hours of researching, weighing options, colors and trims, you are then subjected to numerous unfamiliar terms and language revolving around the actual purchase. We’ve assembled this list of some of the most used terminology to help you feel slightly more confident when sitting in the finance manager’s office.
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Category Archives: Car Leasing
The Easiest Lease Guide Ever
What would the very best guide to understanding leases look like? No one can say for sure. What I’ll try for here, at least, is a lease guide that I wished had been around for me (someone who runs far, far away from anything math-related). I promise that not a single mathematical formula will sink its evil teeth into this article. Continue reading
Car Leasing Guide
Have you ever wondered about what seems like the mysterious process of leasing a car? This car leasing guide is meant to take all of the guess out of the work of leasing a car instead of buying one, just in case you’re in the market for a lease. Continue reading
Signing the Bottom Line: Lease Contracts
In my last post, I listed some terms that you should definitely know before signing on the bottom line for a new car. For lease contracts, you’ll have a few extra areas to watch out for – and some extra questions you’ll want to ask. Continue reading
Car Buying Quiz: Should You Lease, Buy, or Wait?
If you’ve recently been doing what our grandparents like to call “hemming and hawing” about whether or not to buy a car, I’ve got a hand-crafted car buying quiz to help you find your way. If you’ve already made your Pros and Cons list, talked it over with your sisters, done your reading and still can’t decide, then this car buying quiz is perfect for you. Remember – answer honestly and you’ll be on your way. Continue reading
Should I Lease My Next Car? – Part 2
In Part 1 of “Should I Lease My Next Car?”, I told you about my friend who’d asked whether he should lease his next car. I gave him some leasing qualifying questions and a heads up on leasing terms. Now, I’d like to go into the details of leasing, and how they can affect your deal. Continue reading
Should I Lease My Next Car? – Dave Answers
A friend sent me a Facebook message the other day asking if it’s a good idea to lease a car, and I promised him his answer in my next article, so here it is dear Interwebs friend – Leasing is a great way for the budget conscious to save money each month, but long term, you will save if you buy a car, pay it off, and drive it for a few years. Continue reading
Promo Lease Deals
Perhaps it was time to go on a bender. I could abandon my customers on the showroom and saddle up in the darkness of the tavern next door, where I’d stare at myself in the mirror behind the bottles and devise a plan. Maybe this plan would include taking Mustang Sally home, where she could tell me about the seventies. I could get a job bar backing and live the rest of my days in this dingy darkness, pretending to be involved in important matters. Receiving liquor shipments and ensuring all is accounted for. I’d eventually outrank the insurance salesman who peels off twenties like his pocket has some secret ATM inside. That son of a bitch. He doesn’t deserve such a wad, with his undone tie, his fancy jacket, his larger than life persona. It’s only a matter of time. Everyone has their time. Continue reading
Leasing Tips from Howdy Honda
NOTE from Megan: Mark is a car dealer at Howdy Honda in Austin, Texas. He writes this post in response to Dave Erikson’s post on an over-the-phone leasing request from a dealer’s point of view. Mark felt that that post may have seemed to discourage potential leasers, so he wrote to set the record straight on why leasing can be a great benefit for some folks.
Leasing should be presented to a customer like a utility bill. And that it is not for everyone. I have hundreds of customers that lease from us every two to three years because they understand that their vehicle is a basic necessity in our society and an expense that is a monthly reoccurrence. The benefits to leasing are also something that would help customers on various levels. Continue reading
How to Design the Perfect Lease with CarWoo
In case you hadn’t heard, we just released a new leasing feature on CarWoo. As a part of this rollout, Kevin’s continuing his series on information for car buyers (er…leasers) from the perspective of a former car dealer.
