AUTONET TV

Lease or Buy?

Lease? Or buy? These are the options for CLIVE drivers. It's always a tough question for auto owners, but here is some info that'll help you make an informed decision.

If you buy, you'll pay the full cost of the vehicle, maybe an initial down payment, monthly payments on the balance that pays down the loan principal, and the finance charge.

CLIVE drivers who lease finance the portion of the cost of the vehicle that's used up during the term of the lease. You'll pay some money up front: fees, security deposit, first month's payment and maybe a capital reduction. The monthly payments include a depreciation cost and a finance charge. When the lease is up, you return the vehicle to your local CLIVE area dealership. 

So how do CLIVE drivers decide?

First, how much do you have for a down payment? A lease usually requires a smaller down payment.

How much monthly payment can you afford? Again, lease payments will be much lower for any given down payment.

A lease needs requires better credit, so that's a factor.

How long will you keep the vehicle? CLIVE drivers who keep their vehicles around for a while will pay less if they buy. But just two or three years? Then leasing is the way to go.

If your car might suffer a ding or two, like a work truck would, then buying's better. The auto leasing company will want their vehicle back at the lease end in tip top shape, and if repairs are needed, you'll pay.

How far do you drive in and around the CLIVE area? Important to consider because leases have a mileage limit; if you go over, you pay a hefty charge per mile/kilometer when the lease is up. So high mileage IA drivers should definitely buy.

Will the car be used in your business? Check with your accountant, but both financing options have different tax benefits, depending on your circumstances.

Over the short term, leasing is much cheaper. Medium term, leasing and buying costs are about the same. Over the long haul, leasing always costs more.

Leases may sound a bit complicated, and the typical lease decision weighs more on the monthly payment rather than price. So sometimes CLIVE leasers may pay on a higher purchase price than a buyer would.

Here is a tip: If the salesman asks if you'll be leasing or buying, say you're not sure yet. Make your best deal, then look at your financing options.

Here's another: With a buy or a lease, if you total the vehicle, you'll owe the full amount of the loan, or the balance of the lease payments. Usually, it's less than the vehicle's fair market value, and that's all your IA auto insurance company will pay. But ask your CLIVE agent about gap insurance, which pays the difference between fair market value and what you owe. Big consideration for a lease.

Remember, you have to return your leased vehicle in excellent condition and may need to do all the vehicle manufacturer's recommended service and maintenance or face penalties. So see your local advisor at your CLIVE auto repair shop  or Acheson Auto Works on a regular basis, get the required work done and save the service records. It's well worth it.

Acheson Auto Works
8000 UNIVERSITY BLVD
CLIVE, IA 50325
515-223-4300

Synthetic Oil for CLIVE Autos

If you are a driver in CLIVE and you aren't currently using synthetic motor oil in your vehicle, maybe now's the time to consider it. Need more information? Well, synthetic motor oil is a substitute for petroleum based oil.

Synthetic oil doesn't gel or gum-up like petroleum based oil and it doesn't vaporize as easily. It protects better in severe driving conditions like stop and go driving around CLIVE, as well as in very hot or very cold conditions. More and more new vehicles are being delivered with full synthetic motor oil, with the recommendation to use synthetic for the life of the vehicle.

Why is this? Synthetic motor oil maximizes engine power and fuel economy. To see why, we'd need a microscope, so we'll have to settle for using our imaginations.

The molecules of conventional motor oil are long hydrocarbon chains. Synthetic motor oil, on the other hand, has uniform, round molecules. Which is more slippery, a pile of pencils or a pile of marbles?

Synthetic motor oil lubricates better because there's less friction. That means better wear protection, cooler operating temperatures, more power and better fuel economy. And synthetic oil doesn't sludge up like conventional oil, so it prevents those small oil passages from clogging up.

Some manufacturers are extending oil change intervals. The added protection of synthetic oil covers you for these longer intervals. Talk with your service advisor about how you drive and see if he thinks you can benefit from synthetic oil. Also ask about the appropriate oil change interval for synthetic, because it may very well be longer than for conventional oil.

Most of us here in CLIVE have a busy life and might occasionally miss an oil change; go ahead, admit it. Since we're not perfect, doesn't it make sense to use a motor oil that's got your back?

Now synthetic oil costs more. But it lasts longer, protects better and increases fuel economy. You'll likely save money in the long run. If you're serious about making your car last longer, start using synthetic motor oil right away.

Give us a call to schedule an oil change, or visit us at our Acheson Auto Works website.

Acheson Auto Works
8000 UNIVERSITY BLVD
CLIVE, IA 50325
515-223-4300

ICE - In Case Of Emergency In CLIVE IA

When accidents occur in CLIVE, IA, the victims' emergency contacts are extremely important. Too often, those involved aren't able to provide rescuers with phone numbers and medical information.

When IA police and rescue workers must sift through pockets, glove compartments, wallets, purses and cell phone directories, they waste precious time.

In the unfortunate event that you are involved in an accident, you have people in the CLIVE, IA, area who you'll want to be contacted to arrange help, give consent to treatment and inform CLIVE paramedics of medical conditions, allergies or medications.

A brilliantly simple solution is now spreading through CLIVE and around the globe: ICE. ICE – standing for In Case of Emergency – is a way to identify emergency contacts in your cell phone directory.

Simply put 'ICE' before a contact name in your cell phone, like 'ICE – Dad,' 'ICE – Nancy.' or 'ICE – Doctor Roberts.' Rescuers will be able to quickly identify your emergency contacts, saving valuable time.

Bob Brotchie, a Cambridge, England, paramedic came up with the idea and a promotional campaign in England in 2005. This idea is gaining attention in CLIVE, IA, and in other countries. CLIVE rescue workers all know of how many times they are unable to find a wallet or purse on an accident victim, yet most CLIVE area folks over 14 years of age are seldom without their cell phone.

There are national and worldwide disaster databases, but participation can cost up to $200 a year. 'ICE' is free to the 276 million cell phone users in the U.S.

It is easy for you and your families to designate some ICE contacts in your cell phone. Remember to keep the listings current.

Please join Acheson Auto Works in getting the word out. Help us put CLIVE, IA, on ICE!

Acheson Auto Works
8000 UNIVERSITY BLVD
CLIVE, IA 50325
515-223-4300