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 veh...

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 question...

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 B...

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...

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, inceptio...

Choices before you start and protect your credit Now EV issues are many Have batteries changed much? Protecting credit score Score factors Reset the budget What are the questions you need to research? Budget Unit before you start Trade prep Minus equity New or used, lease or buy Where When What hurts credit Too much buying power End the extra credit Communication is king Ask all sources Peter to P...

Timing is huge when buying a vehicle Electric vehicles weigh more / wear more Electric vehicles repair difficult to find EV fires are different When can make you a winner Day, week, month, time of day, all matter The Weather can change timing Holidays Last day or the 32nd Afternoon buyer Hot just like cold Current, left over, late model used When not to buy, like right now Leasing times are simila...

Resale value can mean thousands either way EV Range is best in the city Cold is anti EV Planning is difficult for an EV Resale value is always part of your cost A seemingly good deal might be the opposite Considered the least Around the clock Can you predict it? What determines the value? How to protect it There are many factors Brand can be big Think it through first

  Leasing treachery by the manufacturers Everyone call the FTC Help is on the way for kids and pets left in a vehicle Lots of other help is coming Smart headlights F&I as a conversation Business office money Myriad of products Every product can appeal to someone Reserve commissions can be huge Be prepared, due diligence Payment packing is real How to guard F&I Menu approach Review you payment in t...

Facts to know about your automobile insurance    Should you buy a loaner vehicle? No real Care Savings would have to be big Rental if you must Extended service is a policy Gap insurance is a policy Car, truck, motorcycle, motor-home or boat, Insurance is part of the process Auto insurance is another plan Just because they sound like the least expensive Hundreds of companies, millions of quotes Dri...

What to do if there is a problem with your deal or the vehicle Watch out for the problems lists on the net They either suggest the wrong thing or can't explain it If your deal has a problem Factory problems must follow a plan Due diligence, due process Follow the Chain of command Salesperson, Manager, Dealer principal or GM Manufacturer (Company.com) and the bank   Better business (BBB.org) Attorn...

Basic revie w Crash test guess Covid driver results Do I need get ready Check the serial number with the label When you run out of time In person please Trade shopping Enough quotes? OTD, CPI Not your friends Your name is enough Payment calculator Used Car-fax or Auto-check flood check dealer repair order

Auto dealer business office (F&I) Salespeople make mistakes If not written and missing, you lose What to do with F&I Business as usual in sales Residual equals wholesale retail What goes into the resale percentage? No to everything can be as bad as yes Geographic add-ons help resale OEM add-ons Dealers use add-ons Always request the factories extended warranty F&I is shop able Do your add-on plann...

From buyer to seller Weekly review CPO rates One price dealers…NOT 500 lbs AI worries Selling your vehicle Trade or retail, make up the tax Appearance is key Mechanical helps Never too much information Where's the title Equity or minus? Prepare the financial Advertise Be careful Negotiate properly

Fixed price dealers, Is one price right for you? Prior week review CPO Factory financing Resale review Car fax for the bank Buying used key points Why one price 2+2 is not 5 Usually the higher average Don't let your guard down Due diligence is the key It's all about low overhead for the dealer As always, OTD is the answer

Used vehicle purchase: Resale review Upside down stats No to internet sales Is used buying different? More due diligence Your proof Figures that figure Three offers Don't be afraid to walk OTD and months, rate, amount Everything is key

This is advice on buying a car, truck or motorcycle.  How to get a great deal and avoid the hassles.  Why buy or lease, new or used, where to finance and what dealer is best.  If it's about buying a car, truck or motorcycle it's here on Deal Talk