How to reduce car ownership

Leased car you always wanted............................... Then buy it.

Sympathetic in the automotive industry. Water chronic salaries and benefits, such as health insurance and pension contributions while paining, the automotive industry they only have to wear the same problem with, at the same time, the talks, the two average is likely, but not bad enough customers and more at around the world in many plants, to create a vehicle.

China's auto industry, "cherry", a car, a Chinese vehicle production in China to talk about salaries, the situation will only get worse if the United States came in three or four years.

7 best strategies for How to reduce car ownership

Some manufacturers have their employment contracts, collective problem rather than relinquish their car to shut the plant would be better to continue to pay benefits to laid off workers continue one.

Integration, plant closing, or to cure the problem and the situation will not change for years. And will last closing factories. Possible flood of new cars for several years.

And low rents will continue to be provided.

At that time, the new cars will be the real thing.

Question: How can you reduce long term car owners?

Just ... Now with the lease, then buy it.

In the past, car makers have been on lease grants. Without getting into the math, the monthly cost of the lease (lease) cars for sale, by increasing the value of rest. But at the end of the lease value of the vehicle after the loss of several thousand dollars, and the entire contract to be sold in the market, is always less than the car off lease before.

Lost lease financing Chrysler, some New York banks and a large number of followers, and others, several hundred million dollars annually off lease cars for sale in every two or three years ago in the open market as they are less than the residual value.

Why, instead of buying the right to rent a car?

By renting a car at first, because manufacturers offer price cannot be beat on. It is widely advertised "staff costs" are lower than in reality. At the end of the lease, to buy a car.

At the end of the financial leasing company leasing a car will sell in the open market at a loss.

In real life, for example:

A friend of my business $ 28,000 for the remaining three years of the lease is for a car. Can be used a lot and he bought one just like for $ 24,000. He sold for less than the value of the remaining lease of at least $ 2,000 paid by the fund to lose. He and his agent's ability to promptly than 3%, including an average of 3 years, $ 22,000 will be accepted to buy a car. All contact him by phone, (which is a face to face consultation) is in financial leasing companies.

Finally if it is, but today the car of your dreams is to buy a rental. We will continue to provide subsidized lease payments monthly financial leasing company. For about three months before the end of the lease, provided that the car used Cruz and hear your car at the end of the lease period (no commissions in exchange for money) to buy a car with several thousand Smackers in your pocket.

About the Author

Ralph M. Hoffman passed. Wisconsin, in the application of mathematics. He has ten years of experience in venture capital and real estate industry experience to develop the same. If you rent or buy a new car for anyone who wants to create a website