If you’re leasing a car, the day will ultimately come when those expensive monthly payments finally come to an end.  And then,  absolute reality hits you.  You’ve just spent hundreds of dollars monthly for several years on end, and it’s time to return the car back to the dealer.  Lease buyouts can offer a substitute to walking away from the dealership with nothing to show for your hard earned cash.

If you decide to keep your car at the end of the lease, you should do a little research to make sure that you’re getting a fair deal.  First, you need to know the full  amount involved in buying out your lease. Read the fine print in your agreement, and find the “purchase option price”. This amount is set by the leasing company and is normally composed of the residual value of the car at the end of the lease, plus a purchase-option fee ranging anywhere from $300 to $500. Read more . . .

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Shiny day

(NC) Choosing whether to lease or buy your brand-new vehicle can be a difficult choice. Both options have their advantages however discovering the right alternative for your pocket book will depend mostly on your individual lifestyle. John Roth, VP of Sales, Service, and Advertising at General Motors of Canada offers some idea and contrasts between leasing and purchasing:

Leasing

* Leasing durations usually last two to three years. This is an excellent alternative for those who want to change to new vehicles regularly. Read more . . .

Nowadays, car buyers choose to buy a used car instead of a brand new one. Car auctions in the Internet have taken out the hassle of visiting each and every second-hand car dealership. Just like any online transaction, you need to remember a few pointers to get the best deal.

Have a price range that you are willing to spend. Don’t forget to include other expenses in addition to the car’s selling price. These expenses include transfer of ownership, attorney’s fees, insurance, and registration (the car just might have to be registered in the near future).

Visit car auction sites online with good standing, like gov-auctions.org, eBay.com, car-auction.com, seizecars.com, and auctionspass.com. Always compare and contrast the asking price for the car that you are interested in, which gives you a ballpark figure of how much discount you can ask from the seller. Read more . . .

It used to be the rule that, if you wanted a car that came with a warranty, you had to buy new.  The quality of a used car might be just as good as it is today, but the buyer had no guarantee or quality, or a clear history of the car itself.  Now there are records that provide a full history of any car, and all that has changed.

Modern buyers are smarter and know that they can find used cars that come with the same sorts of warranties as new vehicles.  Used car warranties may be all inclusive, or they might be limited.  It’s important to understand the type of warranty you’re dealing with before you decide to buy. Read more . . .

how hybrids work diagramUsed hybrid cars are hot, and getting hotter by the month! And we’ve got them for thousands of dollars less than new models. Buy a used hybrid car from UsedCars.biz and you can save money both up front and for years to come at the pump. Buy a hybrid car, and you’ll be the envy of your neighbors, and you won’t regret it. Better mileage means savings in your pocket, and also time and hassle saved through fewer trips to the gas station. Read more . . .