Remove Automotive Remove Down Payment Remove Repairing
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Can I use a paid off old car as a down payment/trade for a newer car at a lot?

Shawn Ryder

When considering the purchase of a newer vehicle, many individuals wonder whether they can use their paid-off old car as a down payment or trade-in at a dealership. Clean the interior, wash the exterior, and consider minor repairs to increase its value. Address small repairs beforehand if necessary.

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Is this VW Atlas Cross Sport lease deal decent?

Shawn Ryder

Typically, a well-structured lease deal for the VW Atlas Cross Sport may include terms such as: Monthly payments in the range of $350 to $500, depending on the trim and options selected. An initial down payment, often around $3,000, which can be negotiated down or rolled into the monthly payments.

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Navigating Zero Down Car Leases

Your Car Buying Advocate

When you start leasing a vehicle, you must make a down payment. However, this down payment is significantly lower compared to buying a car outright. Frequent Vehicle Updates: Leasing allows for driving the latest models more frequently, catering to those who enjoy staying current with automotive trends.

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Fix minor damages before trade-in?

Shawn Ryder

In this blog post, we will explore the reasons why fixing minor damages is beneficial before a trade-in, how it can increase your vehicle’s overall value, and what specific repairs can yield the best returns. It allows you to apply the value of your old car towards the down payment of a new one.

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Should I lease a truck in this situation?

Shawn Ryder

Maintenance Coverage: Many lease agreements include maintenance or warranty coverage, reducing out-of-pocket repair costs. Tax Benefits for Businesses: If you are leasing for business use, you may be able to deduct lease payments on your taxes, depending on your jurisdiction.

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I’m 17 and just crashed my first car. How do I start getting a new one?

Shawn Ryder

Assessing the Damage: If the vehicle is repairable, discuss options with your insurance agent. They may recommend certain repair shops. Payment Options: For purchasing a vehicle, you might consider saving for a down payment or exploring financing options such as auto loans.

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Can customers negotiate lease deals with bad credit?

Shawn Ryder

Lower Monthly Payments: Leasing generally entails lower monthly payments than buying. Warranty Coverage: Most leases cover the car under warranty throughout the lease term, reducing repair costs. Larger Down Payment Requirements: Some dealerships may require a larger down payment as a safeguard against potential non-payment.

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