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In this episode I discuss the Pros and Cons of Leasing and Buying, which is a good fit for you, and habits and knowledge to have to be prepared to make your decision. LEASING PROS: 1. Lower monthly payments with little to NO money down. 2. Drive a BETTER, NEWER, SAFER, vehicle for less money 3. Lower repair costs because of factory warranty. 4. More easily transition to a newer vehicle every 2 - 3 years. 5. No trade in hassles at the end of the lease. 6. Pay less sales tax with a lease. LEASING CONS: 1. You don't own the car at the end of the lease term. 2. Limited to miles per year/lease term. 3. Unfamiliar terminology in the lease contract. 4. May potentially pay more in the long run (more leases over time than purchases). 5. Could face additional charges for excessive wear and tear or abuse. 6. Can be costly to terminate a lease if you want to get out if it. BUYING PROS: 1. Modifications/alterations can be done to the vehicle without having to undo them when trading. 2. May save money long term (keep vehicles longer i.e. pay it off it 6 years, keep it for 10 years). 3. No mileage limits. Drive as much as you want. 4. Flexibility; sell or trade in whenever you want to. Keep in mind you may carry a balance over to new vehicle if it's not paid off. 5. You have a trade each time. BUYING CONS: 1. Pay higher down payment to lower no they payments or avoid being upside down. Some lenders may require as much as 10% - 20% down. 2. Monthly payments are typically HIGHER because you're paying for the entire vehicle. 3. Repair costs can add up after lapse of factory warranty. 4. Trade in/selling hassles when it's time to purchase again. 5. More money tied up in vehicle because of greater depreciation value (may vary by vehicle, new, or preowned). I hope this helps many of you clear up questions or concerns. Remember it is not my decision to tell you that leasing or buying is right for you. Every person and situation is different. I will be here to help you along the way whichever decision is right for you! Thank you.

Car Confessions Episode 5; Melissa Mayer of the Nick Jacob Agency - American Family rides along. We ride and talk about her, insurance, and even a little about the 2017 Nissan Altima!

Car Confessions Episode 4; 7 tips when trading or updating vehicles: 1. Buy from someone you know, like, and trust. 2. When purchasing/trading, know what to expect and what you're getting into. 3. Know how often you want to trade or will be trading. 4. Be aware if you haven't paid off your current vehicle there will be a balance carried over if the trade value is less than the payoff amount. 5. Also, make sure you know carrying over a balance from a previous vehicle will increase your monthly payment. Sales tax included in the vehicle loan will increase the monthly payment too. 6. Purchase from one salesperson as often as possible. This ties back into #1. You already have a relationship with that salesperson and know they will be there to take care of you for years down the road. 7. TEST DRIVE! Test drive the vehicle before you purchase it. You will need to know how it handles, how the brakes work, how difficult (or easy) it will be to park. There you guys have it. My seven tips for preparing yourself for your next vehicle purchase or trade. I hope this helps everyone watching it and you share this on to help others and educate them. If you have any further questions please visit my website mattjohnsonsells.com and call me or email me from there.

2010 Dodge Challenger R/T 5.7L Hemi 42,149 miles Auto Black cloth seats AUX Call or text me at 620-794-1032 for more information or to schedule an appointment to test drive. Please like, share, and tag your family and friends who would be interested or would benefit from looking at this vehicle! Thanks for checking out this post! #mattjohnsonsells #mattyjmycarguy #betterwaytobuy #dreamsindriveways #newyearnewride #johnnorthford #dodge #challenger #dodgechallengerrt #rt #hemi

In this episode I do a walk around on our 2002 Chevy Corvette and show you how it handles in town and on the highway (better viewed on YouTube). I also discuss what is behind this podcast and a little about myself and my goal of this podcast.