Will the massive Hyundai and Kia recall affect car leases

Did you hear the bad news about Hyundai and its sister company Kia?

They have voluntarily recalled more than 1,480,000 cars.

According to Hyundai, 2.4-liter 2011 to 2014 naturally aspirated GDI and 2.0-liter T-GDI are the main culprits.

Models such as the Hyundai Sonata, Kia Optima, the Santa Fe Sport, the Sportage, and the Sorento have been named in the recall.

So here is the million dollar question:

Will this affect Hyundai and Kia leases for us?

Continue reading “Will the massive Hyundai and Kia recall affect car leases”

What is the difference between an open-end and closed-end car lease?

A closed-end car lease is the most predictable car lease…

Continue reading “What is the difference between an open-end and closed-end car lease?”

Do we really need to change our oil every 3,000 to 5,000 miles?

No. We do not have to change our oil every 3,000 miles.

Nor do we have to change it every 5,000… 10,000 – even 15,000 miles.

Oil changes – the ultimate snake “oil”

Check this out:

Continue reading “Do we really need to change our oil every 3,000 to 5,000 miles?”

What to do if the dealership wants to cancel our lease contract after driving it for 10 days

If you are a regular reader of this blog, you know how I feel about car sellers.

Most are good people…

I hang out with a few of them.

They have typical American families… with a dog, white picket fence – even eat apple pie.

The best part is they are totally fun people to talk with. Because they have the gift of gab.

And they all have stories. Some have GREAT stories.

But:

Continue reading “What to do if the dealership wants to cancel our lease contract after driving it for 10 days”

How to turn end-of-lease cars into extra cash

When I look to lease a new vehicle, I try to choose one that can be flipped for a tidy profit.

Yep:

When my lease is about to end, I do not turn it in. This is a mistake most people make when their car lease ends.

Instead, I sell it to the highest bidder for a fast and easy profit.

Continue reading “How to turn end-of-lease cars into extra cash”