Ask Mike

Memoirs of a Clean Car

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WHAT WOULD YOUR CAR SAY ABOUT YOU IN IT’S MEMOIRS?

You love your shiny new car with all it’s cool features and it’s exactly what you want… for now.  Hey, don’t shoot the messenger, that’s just the life of a car. One day your eyes will start to wander and BAM, you’re shopping for another, newer, shinier, one with cooler features. That for sale sign hits the windshield and well, you know the rest. 

So what would your car say about you to its new owner? “The years have been kind to me, haven’t they!” or “I’ve definitely seen better days” Guess what, it tells others all about you every day with its appearance! Your car’s condition is a reflection of you whether you like it or not. The dude in the beater with the bald tires… sketchy. Hey, the dude could be a prince but THAT CAR, the car didn’t give him a chance. Love your car and it will love you back! It’s all up to you which way this goes. If you’re hoping for a good return on your investment, best keep that car looking young!

That’s right, there are some sweet benefits to keeping your car young. Besides resale, though it’s certainly at the top, did you know that a clean car can make you happier? You might, but did you also know that a dirty car can get less gas mileage? Maybe not and there’s more, read on! 

 

  1. LONGER VEHICLE LIFE

By waxing your car, you are keeping the paint job in good shape. The natural deposits of dirt and salt that you gather from driving will corrode the body of your vehicle over time. The benefits of cleanliness extend to the engine, where a regular wipe down can prevent damage from buildup of debris. Check out how to wash and polish your car for tips on how to do it right.

 

  1. BETTER MENTAL HEALTH

You spend a lot of hours inside your car. If that environment is clean, you can feel more focused and organized. Most people are happier if they keep neat living areas in their houses; the same is true for that vehicle where you may meditate or contemplate your days to and from work.

 

  1. SAFER DRIVING

Visibility is a key to accident prevention. What detracts from your visibility? Dirty windows and rear-view mirrors. If you keep them clean, you can better evaluate what’s going on around you. Plus, clean headlights lead to maximum illumination, a must for driving at night or in inclement weather.

 

  1. BETTER PHYSICAL HEALTH

Think of the dirt that’s probably built up inside your car. Even if you are a tidy person, there’s probably bacteria on the hard surfaces. That’s not to mention dust and residue on the seats and flooring. It can lead to poor air quality, aggravating people with allergies or breathing problems.

 

  1. IMPROVED FUEL ECONOMY

A layer of dirt actually makes your engine work harder. That’s because it increases drag on the vehicle. Your fuel economy goes down, therefore, if you don’t regularly wash the exterior of your vehicle. Reduced fuel economy means that a dirty car is money out of your pocket.

 

  1. PERSONAL PRIDE

Your car may or may not be a status symbol, but it is an accessory with which you are regularly associated. You want your car to reflect the same pride you feel with your personal appearance. After all, you probably spent quite a bit of time thinking about the make, model and color of the vehicle before you bought it — why not keep it looking its best?

 

  1. SPARKING JOY

You may have heard this phrase as connected with organizer Marie Kondo. You can certainly use the KonMari method to declutter your car, but instead of joy, look at it as utility. Ask yourself, of all the things you keep in your vehicle, “is this necessary?” Removing some of the extra weight will not only improve your sense of well being, but reduce the number of pounds your car’s engine has to work to drag around.

 

IT WORKS

 

I’ve personally experienced some of the benefits on that list by keeping my cars clean, and that’s no easy task with a large family like mine! Each of my in-stock vehicles is detailed prior to delivery for one final inspection. Hearing “Wow, the years have been good to this one” is the best 🙂

Keeping Your Car Young part 2 “Advantages of keeping your car mechanically in its prime!” on July 31st

 

Have questions? Call or text Mike Love (757) 560-4252, I have answers! 

TM Auto Wholesalers, Chesapeake Va

 

 

Sources: Staff “Hidden benefits of a clean car” www.goldeagle.com July 14, 2020 Web. Retrieved from:  https://www.goldeagle.com/tips-tools/hidden-benefits-clean-car/

The Secret to Maximum Car Life & Performance?

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Vehicle maintenance is the single most important factor in your car’s life

As far as value is concerned, the old adage rings true: A car loses value as soon as you drive it off the dealership lot—up to 15% depending on the vehicle. It doesn’t stop there; by the time it’s four years old, the typical car retains only about half of its value. After that, however, the depreciation curve is much less steep. So buying a three or four-year-old car, which should still have years of dependability, makes plenty of sense. It’s even possible to buy a car of this age, drive it for a year and resell it with little or no loss in equity. In fact, the most cost effective way to own a car is to buy a used car that’s about 3- or 4-years old and drive it until it’s no longer driveable or worth the cost to maintain. Wait… maintain? Yes, all of the above hinges on your vehicle’s maintenance history. When properly maintained, a vehicle should easily last another six to eight years without needing any major repairs… emphasis on properly maintained.  Sticking to a car maintenance schedule, and keeping good records of what you’ve done can help extend the life of your vehicle and protect you against breakdowns, expensive repairs, and other unwelcome surprises.

 

What is Your Car’s Maintenance History

 

With used cars, each has led a different life. Some may have been pampered, others abused. The best bet is often one owned by a trusted friend, family member, or original owner who can share details of the car’s history. Still, it’s smart to carefully look the car over inside and out, top to bottom and during daylight hours when paint flaws that may indicate repairs or other troubles can be readily spotted. Essentially, you’re looking to ensure the car is in the condition claimed by the seller. So what if you don’t know the owner? 

Firestone in Chesapeake Va keeps an ongoing record of your car’s service and can provide you with a detailed print out for the year anytime you need it. This is especially helpful when it’s time to sell. Firestone will also begin reporting your car’s maintenance records to Carfax in the future, making it possible for potential buyers to order it online. Carfax vehicle history reports are one of the most reliable ways to search a car’s maintenance records. Many dealerships provide them free to customers but they can also be purchased for $39.99. Not all maintenance shops report your car’s repairs and maintenance to Carfax however. Carfax Shop Locator will give you a list of Carfax affiliated shops in your area. Carfax won’t list unreported accidents and repairs but will show you a history of the items listed below.

 

  • Major Accidents

  • Multiple Owners

  • Vehicle Service

  • Structural Damage

  • Open Recalls

  • Registration History

  • Mileage Rollback

  • State Owned

  • Total Loss

  • Rebuilt

  • Warranty Information

  • Flood Damage

  • Airbag Deployment

  • Mileage Rollover

  • Not Actual Mileage

  • Salvage Titles

  • Service History

  • Hail Damage

  • Branded a Lemon

  • Junked

  • Estimated Miles Driven Per Year

  • Last Reported Mileage

  • Length of Ownership

  • Commercial or Personal Use

 

A Regular Maintenance Schedule like this one is a great way to start!  

SHORT TERM CHECK-UPS

OIL AND COOLANT LEVELS

Every month, or every few gas fill-ups and especially before any longer road trips, it’s a good idea to get under the hood of your car and inspect both the oil and coolant levels while the engine is cool. Low levels of either can lead to engine problems if left unchecked. Refer to your owner’s manual to locate both on your specific vehicle.

AIR FILTER

Your engine’s air filter is what regulates the air that flows into your engine and helps keep out debris and particulate. By making certain that your air filter is flowing properly, you can improve your fuel efficiency, decrease your emissions, and help ensure the life of your engine. This can be done easily at home, so check your owner’s manual for instructions and how often it needs to be changed.

TIRE PRESSURE AND TREAD DEPTH

Since well-maintained tires are integral to a safe, fuel-efficient ride, make it a habit to visually inspect your tires often. Check the pressure in your tires every month, and before long trips or carrying extra load.  Don’t forget the spare.  A tire pressure gauge will be needed to check your tire pressure. Also, during the colder months, note that tire pressure drops one pound with every 10 degree decrease in pressure. Your owner’s manual will tell you how much air pressure your tire needs. You can check your tread depth using the simple penny method.

HEADLIGHTS, TURN SIGNALS, BRAKE, AND PARKING LIGHTS

It’s important that the lights on your vehicle are properly functioning, but oftentimes it can be easy item to overlook. Once a month, turn on your headlights when you’re parked in front of a flat surface and check that both headlights are working properly and well-positioned. Walk around your car and visually inspect both turn signals and your parking lights. Have a friend stand behind the car while you engage the brakes to be certain that your brake lights are functional.

OIL & FILTER

The motor oil in your vehicle’s engine serves a whole slew of functions: it lubricates the moving parts, helps act as a sealant against debris, cools the engine, reduces wear and tear, and helps prevent engine corrosion. Keeping it clean is vital for good engine health. Depending on your car and what kind of oil you’re using, you may need to change both the oil & oil filter as much as every 3 months or 3000 miles. Many newer vehicles’ owners’ manuals will recommend changing your oil less frequently – often in-between 5,000 and 10,000 miles. Check your vehicle owner’s manual and consult with a professional to be certain what is appropriate for your vehicle.

ROTATE TIRES

Depending on your vehicle alignment, usage, and many other factors, the tread wear patterns on your tires may vary between the front and back tires, or even from one side of the tread to the other. Rotating your tires will help to extend the service life of your tires by more evenly balancing the tread wear, and helping prevent noise and vibration problems.

WAX VEHICLE

Making certain to wax your vehicle every six months after washing it won’t just keep it shiny, it’ll also help to keep both the paint in good shape and reduce the chance of rust. Many irritants such as dust, sand, and salt can build up and environmental factors like ozone and ultraviolet light can cause microscopic damage, but waxing can help minimize this by forming a protective seal to extend your paint’s life.

 

LONG TERM CHECK-UPS

 

TRANSMISSION FLUID

Much like the oil in your engine, transmission fluid is a lubricant that helps keep all of the moving parts inside of your transmission functioning properly. Whether you’re driving an automatic or manual transmission vehicle, it is essential that you have your transmission fluid checked and changed when needed to avoid costly transmission damage or replacement. Follow the vehicle manufacturer’s recommendations.

TRANSFER CASE FLUID

In four-wheel or all-wheel drive vehicles, the transfer case is what shifts power from the transmission to the axles. You’ll need to have the transfer case fluid checked according to the vehicle manufacturer recommendations to make certain that it is properly filled and leak-free. This will require you getting under the vehicle, so bringing it into a professional is recommended.

INSPECT SHOCKS AND STRUTS

The shocks and struts on your car function to control the impact and rebound as your vehicle passes over bumps in the road and are an essential part of your auto’s steering system. They should be inspected by a professional every 50,000 miles or bring your car to the shop if you notice a decrease in smoothness or loss of control when driving.

COOLANT FLUID EXCHANGE

The radiator in your car is a vital component that helps keep your engine cool and functioning properly. Having your coolant system flushed regularly will help get rid of contaminants that can build up inside as well as ensure that your radiator is filled to a proper level. Check your vehicle manufacturer’s recommendation to find out how often your coolant should be exchanged,

SPARK PLUGS

The spark plugs in your engine ignite the gas and air mixture that ultimately powers your vehicle . If your spark plugs aren’t functioning properly, your engine will lose power and won’t run at optimal capacity. Have a professional check and replace any faulty spark plugs depending on vehicle mfr recommendations or when you feel a decrease in your engine’s power.

SERPENTINE BELT

Although may seem like a simple piece of rubber, your vehicle’s serpentine belt is essential to keeping your car running by powering peripheral devices such as your alternator, power steering pump, and air conditioner compressor. Visually inspect the belt to ensure that it is free of cracks or other wear and tear.  Replace id damaged or according to your vehicle manufacturer’s recommendation.

FRONT AND/OR REAR DIFFERENTIAL

The differentials are devices that split the torque—or power—from the engine and allow it to send power to the tires. In front or rear-wheel drive vehicles, there is only one differential, but in 4-wheel and all-wheel drive vehicles, there is both a front and rear differential, and possibly even a center differential. Like many parts of your vehicle, the differentials need to be kept lubricated to ensure proper functionality. Have a professional check and change fluid whenever your vehicle manufacturer recommends it.

 

SEASONAL CHECK-UPS

 

The needs of your vehicle can vary by season and driving conditions. Following are a few suggestions to add to the notes section of your vehicle maintenance checklist:

REPLACE WINDSHIELD WIPERS

Windshield wipers need to be replaced about once every year, or whenever the effectiveness is compromised. In winter months, it could also be a good idea to install winter wiper blades for optimum performance. You should also pull your wipers away from the window when parked during the winter to prevent ice buildup.

BATTERY PERFORMANCE CHECK

Your car battery is one of the most important components for your vehicle to run. A car battery supplies large amounts of electrical current for the starter, engine and other electronic accessories in the vehicle. Extreme temperatures affect the performance of the battery so regular battery testing will ensure that battery will perform when you need it to.

CHANGE TIRES

Depending on where you live and the winter driving conditions you might encounter, you might want to switch your tires in cold, snowy months to a winter/snow tire. When the temperature hovers at or below freezing consistently, the tire compounds in non-winter tires hardens, decreasing traction and handling performance while increasing braking distance. Winter tires have tread patterns and compounds designed to remain soft in the cold and provide grip in snow, slush, and icy driving conditions.

CHECK COOLANT LEVELS

It’s also important to check your antifreeze levels in your radiator in winter months to keep your radiator or engine components from freezing. A 50/50 mix of antifreeze to water is generally recommended, but check your owner’s manual or with a professional to be certain.

 

Overall, car dependability has improved considerably over the past decade. A five-year-old vehicle is likely to have about a third fewer problems than one would have had a decade back. Engine, transmission and exhaust problems, which once plagued older cars, have decreased dramatically, according to automotive research groups. Do your homework when buying used and request a Carfax. It’s invaluable when it comes to confirming background information on any used car, truck, or SUV. If the dealer can’t or won’t provide a Carfax, keep looking. Once you’re in the driver’s seat, do your monthly maintenance and drive it until the wheels fall off.  

Have questions? Call or text Mike Love at (757) 560-4252, I have answers!

TM Auto Wholesalers, Chesapeake Va

 

 

Sources:

 

Staff “The Ultimate Car Maintenance Checklist” www.bridgestonetire.com Web. Retrieved from: https://www.bridgestonetire.com/tread-and-trend/drivers-ed/ultimate-car-maintenance-checklist

 

Staff “service shops” www.carfax.com Web. Retrieved from https://www.carfax.com/Service-Shops

 

Trucks… Gas or Diesel?

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Every devoted truck owner favors a particular make, model, 4 or 2 wheel drive, and diesel or gasoline engine. Though we all have opinions on Gas vs Diesel when it comes to greater power, longevity, and fuel efficiency, we may not have all the facts. A shootout between these long time rivals should provide you with more ammo for pulling the trigger on Gas vs Diesel. 

 

Truck Wars

 

Henry Ford’s vision of a converted military truck for civilians came to fruition In 1917 when he produced what may be considered the first American made pickup truck — the gas powered Ford Model TT. Chevrolet answered back In 1918 with the Model 490. In 1925 Ford edged ahead of Chevrolet with the Ford Model T Runabout factory-built pickup, equipped with a four-cylinder 40 horsepower engine. Chevrolet answered with the Chevrolet Independence in 1931. This tug of war would continue until 1948 when Ford introduced the F-Series, which became the best selling truck in America and reigns supreme today. 

 

Gasoline

 

Today gas provides truck owners affordable fuel costs, a lower sticker price (as much as 2’500-4’000 less with the gap still widening), and lower maintenance costs. Gas scores more convenience points than diesel when it comes to availability on the road. Surprisingly the fuel economy advantage in light and medium duty diesel trucks is often less than 2 mpg. Gas engines have the edge when it comes to horsepower but diesel has the torque, so in short-term torque applications gas and diesel are equal. Gas may have the win in this class of truck being least expensive overall. 

 

Diesel

 

Diesel… according to Urban dictionary; Unstoppable at something, awesome or strong, physical power, great, cool, or sexy. That’s a pretty impressive resume for an engine from anyone’s point of view! The first production diesel engine was introduced by Benz in the early 1920’s while the US was still using gas powered trucks through the 1970’s. In 1983 Ford released the first Diesel F250 with the 420-cubic inch, 6.9L V8 diesel engine capable of putting out 175 horsepower and 318 lb.-ft. of torque. Followed In 1995 by the 7.3L turbo diesel “Power Stroke” engine packing 210 horsepower and 425 lb.-ft. of torque, available for the Heavy Duty F-250 and F-350 pickups. The Super Duty Diesel was here to stay. “By design, diesel engines operate with a combustion process that’s leaner, burning less fuel than a conventional spark ignition (gasoline) engine,” explained Roger Gault, technical director, Truck & Engine Manufacturers Association (EMA). Today diesel trucks are well known for providing enhanced towing and a greater engine life compared to gasoline. Whether it’s a Ford, Chevy, GMC, Honda, Jeep, Nissan, Ram, or Toyota, diesel packs a powerful punch but as the list below shows, not in every category. 

 

  • Fuel Efficiency: Compared to gasoline engines in most trucks, diesel engines earn an average of 30% to 35% greater fuel efficiency.
  • Fuel Cost Per Gallon: Most gas stations around have a diesel gas pump, but not all. Added with that inconvenience, diesel fuel is often more expensive on average than gasoline.
  • Towing Capacity and Trailering: Diesel engines have a torque advantage at a lower RPM than gas engines that is better suited to towing heavy loads than a gasoline engine. 
  • Maintenance Costs: Diesel engines are made from components that are difficult to find or may require more frequent repair costs due to the larger oil reservoir in diesel engines.
  • Engine Longevity: Diesel engines are often made from more sturdy materials and therefore, diesel engines last longer on average compared to gasoline engines. 
  • Environmental Impact: Due to diesel’s fuel economy advantage in long-term torque uses, it’s greenhouse gas emissions are comparable to gasoline in similarly equipped vehicles.

 

Only you can decide if gas or diesel is the better choice for you and your trucking needs , but thanks to a variety of options and clear differences in performance, fuel cost per gallon, towing capacity and long term maintenance costs we have winners on both sides. Have questions? Call or text Mike Love at (757) 560-4252, I have answers.

Keep on Truckin’ folks!

TM Auto Wholesalers, Chesapeake Va

 

 

Sources:

 

Mcbain02 “Diesel” www.urbandictionary.com June 11, 2013 Web.  Retrieved from: https://www.urbandictionary.com/define.php?term=Diesel

 

Staff “Diesel vs trucks pros and cons” www.allenturnerchevrolet.com Web. Retrieved from:   https://www.allenturnerchevrolet.com/diesel-vs-gas

 

Smith, Alison “History of American trucks: past to present” www.cjponyparts.com February 5, 2020 Web. Retrieved from: https://www.cjponyparts.com/resources/history-of-american-trucks  | 

 

Staff “Pros & Cons: Diesel vs. Gas in Class 3-4 Trucks”www.worktruckonline.com November 3, 2011 Web. Retrieved from:  https://www.worktruckonline.com/147984/pros-and-cons-of-gas-vs-diesel-in-class-3-4-trucks

 

The $2000 Used Car… Gone for Good?

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SEARCHING FOR THE ELUSIVE $2K USED CAR

I remember when $2’000 used cars were a thing. They were for sale in front yards everywhere and in good shape too! Hey, for $3’500.00 – $5’000 you could drive away in something really nice with low miles! I get calls all the time from folks still hunting that savory deal and I wonder, is it gone for good? With the average cost of a used car peaking at over $22’000 last summer it’s time to make way for the new standard…

The average cost of a new car in 1990 was about $9’500. This means after the first year’s depreciation (20-30%) and subsequent year’s (16-18% annually) we might buy her used in 1995 for around $2’000.00 – $3’500.00. The average price of a new car in 2020… $37’000. Over the next 5 years that car will lose around 60% of its value. If you don’t have a calculator handy that puts the price at around $14’500.00 used. Something really nice with low miles will cost around $20’000. Those are the facts and there are a couple good reasons why.

Quality: New car quality has increased and is still rising, they simply last longer. They’re still kicking like a mule at eleven plus years. This means that a five year old car has a long life ahead of it and the owner knows it. It’s price will reflect its longevity.

Supply and demand: Used cars are scarce these days compared to the 90’s. What’s the best way to drive the price of a product… control sales. With less inventory on the market, there is less competition and this is powerful leverage for sellers.

Larger more expensive vehicles: Increased SUV, truck, and crossover sales in recent years has led to less small, inexpensive vehicles on the used market and less means more for sellers. Since you’re not likely to find many of them for sale, they’re come at a premium. If you do find an inexpensive used car in great shape, move fast, it won’t be available long!

 

Are there any cheap used cars out there worth buying?

Of course there are, just harder to find. Best bet is to purchase from family or close friends that can guarantee the car’s history. 150’000 plus miles is fine as long as the car has been properly maintained and loved. Otherwise it’s anyone’s guess how long the car will last. Dealers can’t sell what they don’t have and there are so few of these rare birds available that dealers can’t find them either. The discerning used car dealer has a reputation to protect and must have a reasonable amount of confidence in each used car they sell. Often times cheap is just cheap and that doesn’t meet inventory standards.

 

The New Standard

What should you expect to pay for a reliable, well maintained used car today? For the features that most of us want with 60-80k miles you can expect to pay on average around $14’000-$18’000 for your 4 to 5 year old used vehicle. Yes, there are exceptions both higher and lower depending on the car and condition specifics but buyer beware, if it’s cheap it’s a heap! Have questions? Call or text (757) 560-4252 and ask for Mike Love, I have answers. Happy hunting folks!

 

TM Auto Wholesalers, Chesapeake Va

 

 

 

Sources:

Frio, Dan “Cheapest Used Cars” EDMONDS.COM December 10th, 2019 Web. Retrieved from: https://www.edmunds.com/vehicles/cheapest-new-cars/

Edgerton, Jerry “Cars Now Last Longer Than Ever.. Will Yours” CBSNews.com August 7, 2015 Web. Retrieved from: https://www.cbsnews.com/news/cars-now-last-longer-than-ever-will-yours/

Mattone, James “Used Car Prices at Highest Levels in Three Years” media.thinknum.com August, 2019 Web. Retrieved from: Mahttps://media.thinknum.com/articles/used-car-prices-are-at-highest-levels/

The ABC’s of Buying a Used Car

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Used car shopping? It’s as simple as ABC with a good plan and the right tools!

Let’s break used car shopping into three parts; finding the right automobile for your needs, researching it, and making the deal!

First, narrow the field with these three questions:

How am I planning to use this automobile?

a. Daily transportation to and from work
b. Hauling the family to sports events, school, trips
c. Work vehicle with room for tools
d. Adventure vehicle for off road
e. Heavy duty vehicle for towing a boat or toy trailer
f. Sports car with just enough room for two

 

How long do you plan to keep it?

Think about the long term… Is this an impulse buy or can I really keep this vehicle. The best scenario would be to purchase used after depreciation and drive it until the wheels fall off.

 

Am I financing or paying cash?

If you’re taking out a loan, get a quote from your bank or credit union so you can compare those numbers with what the dealer may offer in terms of financing. Remember, longer-term loans may lower your monthly payment, but you’ll end up paying more for your vehicle in the long run. Cash means zero percent financing!

 

A: THE CAR

As a rule, it’s best to set a budget first, seriously, set it and don’t forget it. This will help you decide where the funds will come from and how to pay them back. Decide what you need and want, yes they’re both part of the equation, you’ll be making those payments so you should be happy with your purchase. Remember, affording a car is more than making the monthly payment. You may be able to pay for a BMW and a Toyota Corolla but can you afford to repair the BMW? Search online; Car Gurus, CarMax, local dealers, Carvana, and Facebook Marketplace.
By now you should have a pretty good idea of what’s in your price range, time to start digging…

 

B: RESEARCH

How is the car’s safety and reliability record? Check Consumer Reports and J.D. Power collect maintenance reports from owners and rate your choice as well as other used cars. Safety first and reliability is key!
You can use a guide like Kelly Blue Book to estimate the market value of the car you’re looking at based on age, mileage and options. It’s not perfect, but it should get you in the ballpark.
Now that you’ve found a car…. What’s next?

Once you find a car you like, contact the seller to ask any questions you have and get a Vehicle History Report from CARFAX by referencing the vehicle’s identification number (VIN). This will give you the good, the bad, and the ugly on the car. A reliable dealership should provide a CARFAX report on every car in their inventory. This report is vital, it will provide you with information that cannot always be seen. Below are just some of the details you’ll get from a History Report.

a. Does this car have a clean title? If a car’s been in a serious accident, fire or flood, and was “totaled” by the insurance company (declared a total loss) it still might be drivable. However, the insurance company will issue a “salvage title” to alert future buyers. It’s best to steer clear of cars with a salvage title because it kills the resale value, and the car might still have hidden problems. NOTE, this is not always the case, especially if you plan to keep the car indefinitely and know that the damage was repaired completely.

b. Serious accidents are reported to the insurance company and will probably be on the vehicle history report.
Shady car lots might spin the odometer back to increase its selling price. The vehicle history report can alert you to this scam.

c. It’s nice to think the car you’re interested in was driven to church by a little old lady for its entire life. If you order the report, you’ll know for sure each time it changed hands.

d. Some reports show if required maintenance was done on time and where the work was performed.

A pre-purchase inspection of the car you’ve chosen can be done before making any deals. A pre-purchase inspection is an independent, third-party professional service that evaluates a vehicle’s condition before a purchase offer is made. … Unless the vehicle is unsafe to drive, the evaluator does not provide a purchase recommendation. It will include a detailed road test where components such as steering and brakes can be assessed. A thorough inspection will include checking engine compression and a computer engine analysis. A basic PPI will cost $20.00 from Firestone and the buyer typically pays for the pre-purchase inspection. This is your opportunity to test drive the vehicle to see what YOU think.

 

C: Make the Deal

Let’s make a deal! A good deal is paying less than the listed price, prepare to negotiate with the comparisons from your online research and your Kelly Blue Book numbers. Considering the seller has probably listed their car a little high, you should have some room to bargain. Start by pointing out the things you love about the car then move to your concerns and what the blue book says the car is actually worth. Play nice, be firm and you’ll do just fine.

Before taking ownership of the car, you should add it to your insurance policy. Then, you only need to pay for the car — usually with cash or a cashier’s check. Make sure you get a title and have the seller sign it correctly. When in doubt, check the state’s registry website for more information. Most states allow about 10 days to register the car in your name. If you’re buying from a private party, and there is still a loan on the car, call the lender to find out how to close the deal. If the lender is a bank, offer to meet the seller in a branch office and sign papers there.
If you’re at a dealer, It doesn’t hurt to see if they can get a better interest rate. Just make sure all the other terms of the loan are the same. Review the sales contract carefully before signing. The contract will probably include the agreed-on sales price, sales tax, documentation fee, and registration fee. Take your keys and hit the road!

Have questions? Call or text Mike Love (757) 560-4250. I have answers!
Follow TM Auto Wholesalers on Facebook to see our latest inventory.

 

 

 

Sources:
Reed, Philip “How to buy a used car” NERDWALLET.COM 3/21/2016. Web. Retrieved from

How to Buy a Used Car

Youngs, Jeff “Understanding Pre-purchase inspection (PPI) JDPOWER.COM Shopping Guides 4/19/2019 Retrieved from:
https://www.jdpower.com/cars/shopping-guides/understanding-pre-purchase-inspection-ppi

“Planning to buy a car, take these five steps” ONEMAINFINANCIAL.COM Resorces-everyday living. Web. Retrieved from:
https://www.onemainfinancial.com/resources/everyday-living/planning-to-buy-a-car-take-these-five-steps-first

Berger, Rob “6 Reasons to Pay Cash for a Car (and how to actually do it) Personal finance. DOUGHROLLER.NET 9/26/2018. Web. Retrieved from:
www.doughroller.net/personal-finance/6-reasons-to-pay-cash-for-a-car/

Drive a 4xFun in 2019!

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Summer is here and it’s time to hit the beach with your 4X4! Wait… you don’t have four wheel drive? It’s a want, not a need? You obviously need to experience some 4X4 summer fun… let’s fix that! 


4 Wheeling is Trending… again! 

According to Los Angeles (CNN Business) General Motors will end production of six sedans by the end of 2019. North American customers want SUVs, crossovers, hatchbacks and trucks! It seems like everywhere you look you see SUVs these days. Jeep also reached their popularity peak in 2016 rising steadily since 2013. That trend has continued with the introduction of the new wranglers in 2018 and 2019. Practically every driveway has one! The fun factor is alive,well, and going places like the Outer Banks of North Carolina, the snow peaks of West Virginia, and the Big Boys Playground in Valley Pike, Harrisonburg, VA! 

AWD gets the job done!

Not you? Well you don’t have to be certified crazy to go off-road, many 4WD owners spend their weekends cruising on two lane blacktop… with the knowledge that anytime they feel the need, they can take to the backcountry 🙂 This power and confidence is one of the reasons why so many drivers have switched to a 4WD or AWD car, truck, SUV, or Jeep. 

4WD vs AWD

To get good traction in sand, snow, and mud, it’s usually best to drive all 4 wheels simultaneously. This feature was once limited to specialized vehicles that had locking hubs and a manual shifter that engaged the vehicle’s front wheels at the same time as the rear wheels. Commonly found on jeeps and various off road vehicles specifically designed for exploration, work, and military use. 

Today, 4WD is as common in cars as air conditioning and is an option on most if not all trucks and many family cars. AWD (All Wheel Drive) is the term used to describe vehicles that have continuous four wheel drive while 4WD’s (usually larger SUVs or Trucks) are distinguished as having a selectable system that when engaged, puts all 4 wheels in drive. 

The difference between the two would be in the robustness of the 4WD and its ability to tackle extreme off road terrain. Your AWD may do just fine on the beach and light snow whereas your 4WD tricked out Rubicon Gladiator will be the rock climber.

2007 GMC YUKON TM Auto Wholesalers

FIND YOURS

Yes, there can be big price differences depending on usage, thankfully there is an option for every budget. Below are a few selections from TM Auto’s inventory that you can bet will get you to the other side! 

Whether you’re in it for weekends or a daily commute; comfort, reliability, quality, and toughness are available in 4WD today! Check out TM Auto’s entire inventory and give me a call. If you don’t see the vehicle you’re looking for, I’ll find it for you!

Call or Text Mike Love
By Appointment Only(757) 560-4252

See you on the Beach!


Buy a slightly used car for the win!

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New Car Depreciation

A new car purchase is exciting, there is nothing quite like the moment you drive off in your new car! It’s the same for all of us, what is there not to love? Well, you probably won’t love the price tag or the drop in value within the first 1-5 years. In fact, that car will be worth 20-30% less within 12 months, that’s a $15’000 loss on the average luxury car! Could you have used that cash?

Look at it like this; your brand new $40,000 car will have a sticker price closer to $45,000. That’s one way to look at depreciation. Carfax data shows that cars can lose more than 10 percent of their value in depreciation during the first month after you drive off the lot. 

 

Make Depreciation Work for You

A used car that is two or three years old will already have taken a big depreciation hit, making it a better value. On average, a used car will already have lost 20 to 30 percent of its value in its first year and half its value by year three or four. If you plan to keep it for a long time, a used car may be an even better value. These days, it’s not uncommon for used cars to go well past 100,000 miles if they are properly maintained. Many can hit 200,000 miles without a major problem.

 

Fastest Depreciating Cars in 2018

If you bought one of the cars used, good job! Look at their depreciation rates after just one year of ownership to see what you may have or could have saved.

 

  • Kia Sedona 30%
  • Toyota Camry 30.7% (due to redesigned new models)
  • Infiniti Q-50 – 32.2%
  • Cadillac CTS 33.4%
  • Lincoln MKZ 33.7%
  • Mercedes Benz E-Class 34.5%
  • Jeep Compass 34.8%
  • Cadillac XTS 38.7%

 

Largest Drop

Every automobile, for specific reasons has its own rate of depreciation. It may be a particular model isn’t quite what the market expected or a high-ticket luxury model that’s at the height of popularity. In most cases, it’s simply the lure of “NEW”, and its depreciation value is your gain.  Below is a list of cars that are known for their high depreciation value. You can expect to get the best deals on these cars after 5 years off the lot. Like what you see, call me!

 

  • Chevrolet Impala 66.2 %
  • Jaguar XJL 66.4 %
  • Mercedes-Benz E-Class 67.2%
  • BMW 5-Series 67.3%
  • BMW 6-Series 68.3%
  • Ford Fusion Energi Hybrid 69.4%
  • Mercedes-Benz S-Class 69.9%
  • BMW 7-Series 71.1%
  • Chevrolet Volt 71.2%
  • Nissan Leaf 71.7%

 

Percentages will vary from car to car depending on it’s condition and MSRP but on average you can expect a sharp drop within the first five years. Consider buying slightly used when choosing your next car, it’s money in the bank!

Have questions? I have answers, call or text (757) 560-4252 and ask for Mike Love. Let TM Auto Wholesalers of Chesapeake help you get the car you want for the price you need.

Follow TM Auto on Facebook to get instant notices on new inventory.

 

Sources:

Agadoni,Laura. “Budgeting.nest: Buying a New Car Vs. a 2 or 3 Year Old Car” www.budgeting.thenest.com 4/1/2019. Web. Retreived from:  https://budgeting.thenest.com/buying-new-car-vs-2-3-year-old-car-25758.html

Stocksdale, Joel “MSN: Fastest depreciating cars in America.” www.msn.com. 4/6/2018. Web.  Retrieved 4/1/2019 from:   https://www.msn.com/en-us/autos/buying/fastest-depreciating-cars-in-america/ss-BBDY7Oa#image=9

Silvestro, Brian “Road and Track: These Are the Cars That Depreciate Most” www.roadandtrack.com. Oct 12 2018, Web. Retrieved 4/1/2019 from https://www.roadandtrack.com/car-culture/buying-maintenance/g23723032/cars-with-high-depreciation/

Star Trek to Standard Equipment

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Automobile Technology changes the way we drive & survive in Hampton Roads

Automobile technology is amazing, right! Do we take it for granted? When you consider that New York was the first state to pass a law, which required vehicle occupants to wear seat belts in 1984, yes we do! What was once space technology has become standard in many of today’s base models. Some of these advances are clearly for our comfort, but others are vital for our safety and the safety of our cars. Unbelievably the 2018 Toyota Camry has forward-collision warning, automatic forward braking, pedestrian detection, adaptive cruise control, lane-departure warning, lane-keeping assistance, a rearview camera and automatic high beams standard! Here’s what you can expect in the way of tech features on new and used cars today.

AVAILABLE SAFETY FEATURES

 

Front and Rear Park Assist: Active safety technology on the Chevrolet Suburban helps the driver park their vehicle and avoid crashing into nearby objects during low-speed vehicle maneuvering when driving forward or backing.

 

Rear Camera: You may not know that the first rear view camera was introduced in 1956! A bit bulky with a TV in the dashboard for viewing, but still! Backup cameras have become standard in many cars today like the 2013 Toyota Avalon and 2015 Ford Focus. The 360-Degree parking camera normally reserved for high-end luxury models is also available on a few affordable models like the 2016 Nissan Rogue.

 

Rear Cross Traffic Alert: The Chevrolet Suburban also has a system that monitors two areas behind you for vehicles approaching from the right or left. Rear cross traffic alert is active once the vehicle is shifted into REVERSE. When backing, you will receive a visual or auditory warning if an approaching vehicle enters the rear cross traffic alert detection areas.

 

Lane Keep Assist: In addition to lane-departure warning system, the lane-keep assist actively steers a car back into its lane if it detects that the car is starting to drift out. This technology generally offered on high-end luxury cars; is included in the Tech package and Ultimate package of the 2017 Hyundai Elantra.

 

Adaptive Cruise Control: is a feature that automatically slows down or speeds up your car to keep  you a safe distance from the vehicle in front of you.

Blind Spot warning System: The Chevrolet Suburban also features a blind spot warning system can “see” what the driver cannot and issue a visual or audible warning if it is unsafe to make a lane change

 

NEW TECHNOLOGY SAFETY SYSTEMS

  • Pothole Protection: This feature is available on the 2018 Ford Fusion V6 Sport. When the system detects one wheel, dropping into a hole in automatically adjusts the shock absorber to minimize the impact. This not only creates a smoother ride but can protect your car from damage and from an accident or blowout.  
  • Automatic Reverse Emergency Braking: You probably know about forward emergency braking. The 2018 Subaru Legacy has a system that works in tandem with rearward monitoring alerts and will automatically apply the car’s brakes to avoid a rear collision.
  • Intelligent Forward Collision Warning: The system available on the Nissan Altima for 2019 not only monitors the car in front of you, it also monitors the cars in front of the car in front of you!
  • Automated Parallel-Parking Systems:  This is available on vehicles as affordable as the Chrysler 200 midsize sedan. These systems can steer for you! Just shift and control braking until your car is parked.
  • Evasion Aid: The forward-facing camera detects a potential impact situation, and the driver begins to make an emergency-steering maneuver, the Evasion Aid can help guide the automobile safely into one of those spaces. Evasion Aid is available on the 2018 BMW 5 Series.

 

SAFETY FEATURES FOR EVERYONE

It’s vital that you purchase the safest car possible within your budget. Here are www.autobytel.com’s list of very important safety features to look for in your next automobile.

  • Strong Crash Test Ratings
  • LATCH Anchors – know how to use LATCH and to make sure the straps used with the metal anchors are fastened as tight as possible.
  • Stability Control – different from traction control, Stability control helps to keep a vehicle under control if it skids or slides.
  • Reverse Camera
  • Blind Spot Warning System (See Inventory)
  • Forward Collision Warning with Autonomous Braking – the vehicle can determine situations in which your car may collide with traffic ahead, sound an audible and visual alert of some kind, and if you fail to respond can automatically apply the brakes.
  • Emergency Response and Rescue Service
  • Programmable Safety Features – programmable features that are designed to help monitor your child’s driving and report back to Mom and Dad about inappropriate use of the vehicle.
  • A Safe Driver – No substitute for this one!

This is just a sampling of the safety features available to us due to recent technology advances. Take time to research the car that you plan to buy and see what if offers; if you’d like more options, call or text (757) 560-4252 and ask for Mike Love. I can help you find the vehicle that you want with the features that you need!

Follow TM Auto on Facebook for inventory updates! NEXT MONTH – Automobile Tech Luxury

 

Sources:

https://www.autobytel.com/car-buying-guides/features/10-cars-with-the-best-safety-features-132646/

 

https://www.autotrader.com/best-cars/7-advanced-safety-features-you-can-get-not-so-expe-254180

 

Ready, Steady, Go 2019!

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Ready? Are you? I mean are you ready or not? Let’s give 2019 all we’ve got!

2019 resolution checklistTruth is you can relax; most people aren’t really ready for the new year. In fact, only about 30% of New Year’s resolutions make it past January. One half fails completely, so the competition as we know it is a bit weak. Your chances of beating your neighbor’s record are pretty good, even better if you have a better plan.

So what’s the big deal anyway? What is it about preparing for another year that gets us all worked up? Are New Year’s resolutions so popular because we’re such failures lol? No, we’re just competitive… That’s right, we want to improve no matter how well we’ve done the previous year. Goals, resolutions, and promises help us cope mentally and physically with the challenge. Resolutions range greatly from the most common “lose weight” to the slightly more elusive “Get signed to a record label and become a star!” Hey, either one is attainable if you want it bad enough, it just has to mean something to you from the start. Here are a few meaningful approaches to the New Year that might cultivate a successful resolution.

 

  • “To me, it means fresh starts, the beginning of something new, and being able to change something with you.”

  • “The new year means pointless resolutions no one will hold up to.”

  • “I think it’s a chance to commit to something new about you.”

  • “The new year is a fresh start to make new decisions.”

 

All are honest and appear to have meaning but #2 seems a bit negative right? Well, for some people the all-predictable “fail” could be reason enough to rise above and be better than the status quo. Motivation is motivation folks! At the risk of sounding like a self-help guru, here are a few points that may help your resolutions fall within successful limits.

 

  • Get Real. Pick a goal that’s doable and meaningful.

  • Get Specific. Your resolution should be absolutely clear.

  • Make it Measurable. Logging progress into a journal will yield better results.

  • Achievable. Stop trying to take too big a step too fast.

  • Relevant. A goal that really matters to you for the right reasons.

  • Reasonable time limit. The timeline toward reaching your goal should be realistic.

  • Stand to lose something… This is my favorite!

 

When money or credibility are at stake we tend to take things quite serious. Make a wager with someone or simply tell the most condemning loud mouth you know what your goal is and when you’ll achieve it. Does that scare you? Then it should do the trick… Happy New Year, make it great!

By TM Auto Wholesalers

 

Sources:

Miller Jen A. “How to make (and keep) a new year’s resolution” WWW.NYTIMES.COM  The New York Times, Smarter Living Blog, Web. 12, 31, 2018 Sourced from:https://www.nytimes.com/guides/smarterliving/resolution-ideas

www.greatfallstribune.com “What does the new year mean to you?” www.greatfallstribune.com  Great Falls Tribune, Story-life Blog, 10:05 p.m. MT 26, Dec 2015. Web. 12, 31, 2018 Sourced from: https://www.greatfallstribune.com/story/life/2015/12/27/new-year-mean/77879832/

How much will insurance pay for your totaled car? Ask and you shall receive!

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Ok, let’s say you’ve had a car accident, thankfully no one was hurt! Oh, actually, your car is hurtin’ pretty bad and you think it might be totaled; sadly, this is often the case. Is it really totaled? Well let’s see, did the airbag deploy? Is there damage to more than one side of your car? Is it driveable? If one or more of these answers is ‘yes’, it is safe to say it’s totaled. Depending on your situation, this could be good or bad but either way you need to get educated. So how do insurance companies determine whether your car is a total loss?

 

  • 1. Damage is so severe that the car can’t be repaired safely.
  • 2. The cost of the repairs is more than the vehicle is worth.
  • 3. Vehicle damage is so severe that state regulations dictate that it must be considered a total loss car.

 

How Much?

If in fact, your car is totaled by insurance standards, how much cash can you expect to receive for it? First off, you need insurance to file a claim so if your insurance coverage has lapsed or your policy limits your claim amount, you may be stuck, but if that’s all good, file away! There is no gold standard for determining your car’s cash value once totaled (This may work in your favor). Though all insurance companies have a basic formula for reaching this number, there are simply too many variables involved for a simple online form approach. Here’s where the insurance company will focus their search but it’s almost always up for discussion in the end.

  • 1. Actual Cash Value is determined. That’s the resale price for your vehicle if it hadn’t been totaled. The insurance company will look at recent listings and sales for similar vehicles in your area.
  • 2. Pre-accident condition is considered. Your car’s mileage, options, trim level, and any pre-accident damage.
  • 3. Your deductible. The insurance deductible you choose for your insurance policy is held back from the payout amount for your claim.

 

Now that your detectable is satisfied, insurance is supposed to pay the estimated difference between your vehicle’s pre-accident appraised value and the deductible amount. The key word here is “Estimated” and whose estimation we’re talking about. Getting the highest insurance payout for your totaled car may take some haggling. Ask for the best price! Truth is most people just accept the first offer the insurance company throws at them without question. Remember this is a negotiable figure so here’s how to get your own rough estimate.

  1. 1. Find the NADA (National Automobile Dealers Association) Value for your car in fair condition.
  2. 2. Work out 20 to 40 percent of the fair condition value, depending on how bad your total loss car’s condition is. It’s probably closer to the 20 percent mark.
  3. 3. Keep depreciation in mind, your car is losing value daily.

 

Diminished Values

What if your car just needs repairs? Be prepared; your car’s value may drop due to repairs after the accident, this is called diminished value. It’s perceived trade or sale value is less than same model vehicles that have never been involved in an accident. Repairing the car won’t recover this lost value. However, like your totaled value, this is a negotiable number. Prepare to pass on the first offer and knuckle up to get the best settlement possible. In some cases it may be necessary file a claim against the other driver. This can sometimes force the insurance company to up their offer to avoid expensive attorney’s fees. You may also offer the court an expert witness. A car dealer may be able to present “actual” diminished values that are higher and more acceptable than the insurance company’s.

You might be surprised at how much you can increase your car’s totaled or diminished value with a little insurance savvy. Need help? Ask Mike, text or call (757) 560-4252 and ask for Mike Love. I’ve helped my customers successfully negotiate as much as $2500.00 over their insurance company’s offer. I strongly advise you to stay in the fight when it comes to the final settlement. It’s totally worth it!

 

Source

carbrain.com. “How much insurance pays for totaled car” BLOG, etrailer.com, Web. 10, 25, 2018 Sourced from: https://carbrain.com/Blog/how-much-insurance-pays-for-totaled-car Accessed 4 Sept 2018