This podcast and blog will explain how to Buy Smart and Save big on a car, truck, motorcycle or any other big ticket purchase

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

Certify your own and save big

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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

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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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 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

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

1. Where will we get the materials for batteries?
2. Many industries will be competing for those materials
3. EV sales are on a downhill slide
4. Leasing advantages list
5. Different terminology
6. To shop lease you must know the terminology
7. Research is still key
8. Closed end
9. Open end
10. No maintenance
11. Divide or multiply by 2400 for the interest rate or the lease factor
12. Acquisition, inception, termination
13. Guaranteed resale value is wonderful
14. residual
15. sign and drive
16. Wear and tear
17. Annual mileage allowance
18. Term is best 36 months or less
19. Trading elsewhere is still a question

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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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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

4×4 = $x$ 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 buy, not yet

If you must buy, low price equals smaller long term loss

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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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