Detailed Information On Financing Car Loans

While financing car loans the main aim of every individual is securing cheap rates and the best deal. If not handled with dexterity, a worthy case can get spoiled but a little cleverness can promise a favorable deal in an average or below average case. It depends on how you make the rules facilitate your particular situation.

The Right Way To Go About Financing Car Loans

It is important and very well known too that the credit worth has major impact on the kind of finance deal one gets. There is no reason of anxiety for those who have picture perfect financial background. But all others must work on removing any blemishes that are there on their records by bringing their credit cards debit balance to a minimum and avoiding late payments, skipping dues, incurring further loans and bouncing checks. A mere six month long sparkling record will get them better car financing schemes.

Having no credit history is a more tricky case, as there is no record of your repayment capacity. You can build one by getting a credit card and maintaining a good record for at least six months or by getting a co-signer. The latter is a person who has a good financial history and is willing to act as your security. So actually you ride on somebody else’s good record.

Then, it will be immensely good if you can get pre approval for car loans before you go shopping for a car. With this you will not only know beforehand which model falls into your range but also you will be able to negotiate the car price. Also, it reduces the extent of paper work that is involved to almost half while finalizing an agreement with the car dealership. Next, don’t get too excited by zero percent financing schemes because they ask for a perfect credit score with a total payment payoff in three years.

Again, it is no secret that financing car loans online can get you low interest due to more competition. The rates that market dealers charge are always two to three percent more than what is being offered online. If it is an authorized online lender then have no fear in sharing information and asking for finance.

Another way of getting low interest auto loans is selecting the secured credit option. The usual practice is placing the same vehicle, on which you are asking a loan, as collateral but you can provide any other asset too. Because the lender’s money is secured so he agrees on low rates too. Any payment default and he has the right to seize your vehicle.

Lastly, you can also save money if you select automated monthly reduction as your repayment mode. Every month on a fixed date your loan installment will be automatically deducted from your account. You won’t have to issue or deposit checks. Just make sure that your account carries enough credit balance on the date of withdrawal. Choose the right road for financing car loans and you will have a smooth ride sans any road bumps.

Best Car Deals: Rely on Online Brokers

If you are looking forward to purchase a car in an easy and secure way then buying it via online finance brokers will be the best option. Working with experienced and knowledgeable brokers allows you to get the best car deals in a hassle free manner. They not only cater to your requirement of purchasing a car rather value your time and money. Need not to spend hours on deciding or looking for the best lease and finance auto brokers. You may easily strike an affordable deal through just the right broker via selecting it online. Online brokers have alliance with financing institutions which further also provide best discounts and deals on leasing a car. This is the best medium for people with busy lifestyle to grab the best deal on getting a car online at economical prices.

Below mentioned are some tips on getting best car deals online through lease and finance car brokers along with their benefits:

Tips on choosing online finance broker to get best deals:

There are different kinds of brokers working online therefore; it will be wise to know about the different types of brokers. Once you are clear in your mind about the type of broker you will work then check for online websites associated with it.

Before hiring services ensure that you know about the charge for the services as well as about the additional fees like commission. You may also check the reviews of the broker in order to know more about the credibility and market reputation of the broker.

If you are planning to get deal on lease a car through the broker, ensure that the deal is offered at an affordable price. Being a potential customer of purchasing car online make sure that you attain the best deal in the most convenient manner.

Here we have mentioned some of the benefits of hiring services from an online car broker:

Online finance brokers understand your needs better and come up with instant deals as per your convenience and budget. They render different choices on your requirement to further ease your work.

Lease and finance brokers hold rich industry experience and knowledge that enables them to offer you best deal in minimal time frame. Owing to their rich industry experience, you get the best deal at the most affordable price.

In order to get best car lease deals online rely on the services of experienced and knowledgeable lease and finance car brokers as they are the best negotiators. They are well versed with all industry tactics which collectively assists them in negotiating and getting you the best and affordable car deal.

New Car Deals: What You Should Do Before Shopping Around

Getting the best from the available new car deals is important. This will not only help you find the best vehicle from a wide range of options but also assist you in getting a payment scheme that is suited to your budget.

Although this might sound common, not all buyers, especially those who failed to conduct an extensive car research or read some of the available car advice, are aware of this. As a result most of them would end up getting the wrong type of car as well as bearing the burden of higher payments.

In order to avoid this from happening, you must know how to shop for the best offers. However, there are a number of things that should be done before shopping for the available offers. In case you don’t know what these are, try to do the following.

1. Figure out a realistic budget

The first thing that you need to do before shopping for the best from the new car deals offered is to figure out a realistic budget that would be used in purchasing or financing a car. By doing this, you will determine the amount that you can afford. This will also narrow down your vehicle choices since the models that are too expensive for you to handle would automatically be removed from the options.

Try to figure out a realistic budget by taking your monthly income and the average expenses into consideration. Deduct the average expenses from your income and take note of the remaining amount. This will serve as the amount that you could use for the payments involved when you finance a car.

2. Check your credit score

Aside from figuring out a realistic budget, you also need to check your current credit score in order to determine if it is high or low. A good credit score is somewhere between 600 and 700 or even higher. If this is your current score, you have the chance of getting the best financing rates.

A bad credit score on the other hand is below 600 and this could mean higher interest rates when you decide to obtain one of the auto loans or lease deals offered. In addition to this, your vehicle financing options are also limited. If this would be the case, try to improve your credit score before getting any auto financing deal.

3. Decide whether you would lease or buy a car

You also need to decide whether to lease or buy a car. These options have their own advantages and disadvantages so it is important to identify the one that best suits your budget and your needs.

As soon as you have accomplished all of these, you may now shop for the best new car deals offered, minimize the risks, and enjoy the benefits obtained from this.

Detailed Information On Financing Car Loans

While financing car loans the main aim of every individual is securing cheap rates and the best deal. If not handled with dexterity, a worthy case can get spoiled but a little cleverness can promise a favorable deal in an average or below average case. It depends on how you make the rules facilitate your particular situation.

The Right Way To Go About Financing Car Loans

It is important and very well known too that the credit worth has major impact on the kind of finance deal one gets. There is no reason of anxiety for those who have picture perfect financial background. But all others must work on removing any blemishes that are there on their records by bringing their credit cards debit balance to a minimum and avoiding late payments, skipping dues, incurring further loans and bouncing checks. A mere six month long sparkling record will get them better car financing schemes.

Having no credit history is a more tricky case, as there is no record of your repayment capacity. You can build one by getting a credit card and maintaining a good record for at least six months or by getting a co-signer. The latter is a person who has a good financial history and is willing to act as your security. So actually you ride on somebody else’s good record.

Then, it will be immensely good if you can get pre approval for car loans before you go shopping for a car. With this you will not only know beforehand which model falls into your range but also you will be able to negotiate the car price. Also, it reduces the extent of paper work that is involved to almost half while finalizing an agreement with the car dealership. Next, don’t get too excited by zero percent financing schemes because they ask for a perfect credit score with a total payment payoff in three years.

Again, it is no secret that financing car loans online can get you low interest due to more competition. The rates that market dealers charge are always two to three percent more than what is being offered online. If it is an authorized online lender then have no fear in sharing information and asking for finance.

Another way of getting low interest auto loans is selecting the secured credit option. The usual practice is placing the same vehicle, on which you are asking a loan, as collateral but you can provide any other asset too. Because the lender’s money is secured so he agrees on low rates too. Any payment default and he has the right to seize your vehicle.

Lastly, you can also save money if you select automated monthly reduction as your repayment mode. Every month on a fixed date your loan installment will be automatically deducted from your account. You won’t have to issue or deposit checks. Just make sure that your account carries enough credit balance on the date of withdrawal. Choose the right road for financing car loans and you will have a smooth ride sans any road bumps.

Bad Credit Special Finance Car Loan – 5 Tips For Getting Funded Faster

If you happen to get extremely lucky, finding the right deal on a car loan sometimes can just sort of come together. It is almost like the Universe were helping you out: you see a commercial or research a great car online, walk into the dealership, make an offer (which they quickly accept), and then, you get a great deal on financing. An hour or two later, you are driving home in your new car with a smile on your face.

However, for most of us, landing a great deal on a car loan is not nearly that easy. The more common story that people tell is haggling with the dealer over the right price for an hour or more. Then, they spend more time negotiating with the financing department to get a good deal on a car. In the end, they leave the dealership without getting the offer they were looking for – or maybe no offer at all.

If the second situation sounds the more familiar of the two, you may have a less-than-perfect credit score. Having a bad credit score makes it harder for anyone to qualify for a car loan. Fortunately, there are ways to get qualified through a bad credit special finance car loan.

If you are looking for a bad credit special finance car loan in order to get the car of your dreams, here are 5 tips for getting funded faster:

1. Understand what bad credit special finance car loans are:

Start your journey to faster funding by learning about what a special finance car loan is. These are loans offered specifically by bad credit auto lenders. They are special because they are designed to work specifically with people in your credit situation.

2. Locate the websites of at least 5 bad credit special finance lenders:

Now that you know what lenders to look for, search for and locate the websites of these special lenders. Look for “bad credit car loans” and similar search terms in order to get your list started.

3. Evaluate each lender and look for the 3 signs of credibility:

Now, go through the website of each lender. What you should be looking for at this point is signs that they are going to be credible lenders. These are: a. they list out what other customers say about them, b. they give you the opportunity to pre-qualify, and c. they have active partnerships with auto dealers.

4. Pull your free credit report and fix any misreported items:

Now, if you are a U.S. citizen, pull your annual free credit reports. You can get one each per year from TransUnion, Equifax and Experian. Go through them like a good detective would, and make notes on anything suspicious or incorrect. If you find anything, get these errors corrected.

5. Follow through with submitting applications to at least 3 lenders:

Now, choose the top 3 most credible looking lenders and apply to all of them. You may get one, two or three offers. You will then be in the position to compare rates. Hint: ask for a pre-approval letter and walk it into the dealership in order to purchase the car of your dreams.

Sears Promo Codes – What Can I Buy With Them?

A lot of people are looking for ways they can save money. Whether they are buying food, clothing, household items, and necessities, it is the innate nature of an individual to look for a discount. If they cannot find a discount, they will look for a cheaper option. This though, does not apply with Sears promo codes.

The beauty about having a code is that you can get to save some items on your shopping venture. Since you have gotten a promo code for Sears, you can make use of the discount only with the brand. But you should not worry on what you can use it with as Sears has a complete line of everything that you can possibly need or want. The only thing they lack is food.

You can use your promo code if you will buy appliances, automotive/tires, beauty, baby, bed, bath, home, books, clothing, electrical gadgets, gifts, fitness, sports, health, jewelry, and a lot of other products. With Sears, you can easily have choose what you want to buy as they have such an extensive array of available products that you can choose from. You can even buy gifts for your friends.

The list of items that you can buy with your Sears promo codes seems to be endless. Your needed items can simply be bought at Sears. Because of this, you do not need to go to another retail store so you can complete what’s on your list. Truly, this fact alone can already save you some money on transportation costs that you would have otherwise needed to spend.

The Best Car Deals – Low Finance Rates Vs Rebates – Which Should You Choose?

How To Get The Best Car Deals:

Quick tips that will help you at the car dealer:

How to understand Rebates and low financing offers:

Vehicle MSRP: Manufacturers Suggested Retail Price – This price is always negotiable – don’t ever agree to pay MSRP

Exception: Some vehicles that might be “hard to find” or “limited in production” might be sold by the dealers at MSRP or, sometimes higher. This is usually called Market Adjustment.

Manufacturers Rebates: This is your money and has nothing to do with discounts given by the dealership. This money is given to you directly from the factory. Never let the rebate be used as a negotiation tool by the dealer. Any discount or negotiation from the dealer should be separate of any rebates offered.

Low finance rates: 0.00% 1.00% 1.9% etc… These are called Sub-vented rates, they too are offered by the factory and not the dealership. Do not allow a “low” finance rate to be used as part of a negotiation by the dealer. These rates are granted over and above any discounts, rebates, etc.

Exceptions: There are several exceptions to Sub-vented finance rates, but here are two that you really should be aware of:

1. Not all people qualify for these rates. So, if you suspect that you might have some issue that will cause you not to qualify, there is nothing wrong with expressing to the dealer that the low finance rate is something you are interested in, and you would like to apply first, before going through the long, timely steps of deal negotiation. Many dealerships will view this as unusual; however, any “good” dealer will be happy to let you submit an application first if you insist. Why is this important? As we always say, knowledge and preparation are the keys to not overpaying at a dealership. What happens if your entire deal is worked, negotiated and finalized with the dealer? Then you head over to the finance office to finalize the finance terms and payments… You expected to pay 0.00% interest, then at the last second you are told: “Sorry” because you don’t qualify… NOT GOOD THE WHOLE DEAL CHANGES.

2. Rebates and “low” finance rates can not always be combined. Some factories allow it some times, however there is no rule; you must do your homework first. For instance, Chrysler offers manufacturers rebates on most their vehicles, plus they offer low finance rates on most vehicles as well. Though, you the customer must decide which offer you want, you can’t have both. Although, sometimes Chrysler will run special offers that allow you to “combine” both the financing and rebate offers at once. But be careful, dealers won’t always tell you that these offers are available, if you are unaware and you agree to pay higher finance rates, you are stuck.

Commonly Asked Question: Which is the right choice, Rebate or Low Financing?

This is an interesting question asked by many customers, the answer is simple yet many people have no idea.

Remember this rule: You should do what’s best for you, do not ever inquire with a person, dealer, or anyone else that has any other motive than what’s best for you.

What that means is this: When you ask a dealership which makes more sense, the dealer will likely tell you: “Take the rebate – not the low interest rate.”

The reasoning behind this answer is, if you take the rebate you are actually paying “less” for the vehicle than if you elected the low interest rate. So, being that the vehicle price is the most important issue, you should always take the rebate. Is this correct or incorrect?

Rule: Don’t be concerned what the dealer is making or losing, it’s not relevant to what’s best for you.

Does the dealership stand to gain more if you chose the rebate vs. the low finance rate? The answer to that question is yes, the dealership does stand to gain more. They receive a little more in “reserve money” from the lender if you chose conventional finance rates. The fact is however; that this point is completely irrelevant. Who cares what the dealership is making? Why is that important anyway? Is there some rule that says a dealership is not entitled to make profit? The only person who is doing something wrong in this scenario is you. You’re asking the wrong party for information. If the complete and honest answer might cause the dealer to make less, chances are more than likely the answers will be carefully weighed to fall on their side.

Remember: Your concern is getting the best deal for you, don’t waist time caring about what the dealership makes. Prepare yourself by considering all the facts. Do not make the common errors of all the people we constantly heart about who over pay all the time.

Fact: People who think that dealerships are losing money on them are usually the ones who pay the most!

Note: Please understand the purpose of this and every other post we write is NOT to condemn dealerships for making profit. Why should a dealer not be entitled to profit? What right do we have to ask them to lose money? Would you ever go to a restaurant and tell them that you insist they sell you dinner and lose money? It’s a stretch, but equally as ridiculous.

The purpose of this post is to assist fair people in getting the best deal for themselves. Protecting people from being “ripped off” by a deceptive dealership is our motivation. We don’t claim that all dealers are unfair or “rip off artists”, in fact we are aware that most dealers are honest and forthcoming. Although, everyone is in business to make a profit and the topics written about within these posts are for the purpose of assisting “fair” consumers achieve “fair” and honest deals. Why do we keep mentioning “fair”. Because equal to us having no concern about a cheating dealership, we also have no concern about the “unfair” consumers who want the good dealers to close down their business and lose money.

“A GOOD DEAL IS WHEN BOTH PARTIES ARE SATISFIED”

As we have mentioned so many times; price is not always the most important issue.

The following is the one and only correct answer to the Rebate vs. low rate debate:

With any issue that causes you to make a decision there are always certain facts in place, those facts make up the “pros and cons”. With any decision we make, we weight the pros and cons and ultimately are lead to a decision. Then of course, we hope that decision was the right one.

Remember this rule: There is always a point where the two lines will cross, that point is where you will find the correct answer.

This means; there are variables that create change in every deal. For example: It may be a better deal for me to take the rebate, while it is a better deal for you to take the low financing rates. Let’s explain:

You might be financing $30,000 and your finance term is 60 months. The Factory is offering a $3000 manufacturers rebate or 0.00% for the 60 month finance term. Which do you choose?

I might be financing $12,000 – The factory is offering a $3000 rebate or 0.00% for the finance term. Which one do I choose?

Obviously the answers vary; your lines of “break even” will obviously cross way sooner than my lines. The reason: different factors in the two deals will yield different answers.

Here’s how you figure out the correct answer based on your factors:

For this example we’ll assume that you are considering a $30,000 car with $3,000 rebate or a 0% interest rate, and for the sake of finding an answer, we’ll assume that you’re putting $3,000 a down payment and you qualify for all offers.

First: Draw a line down the middle of a piece of paper; on one side write Rebate on the other side write 0%

Second: on the 0% side write in the sale price of $30,000 – and on the left side (rebate) write in the sale price of $30,000 as well.

Third: On both sides add in your local tax rate. For instance: if you live in Queens NY add 8.25% as sales tax.

Fourth: on both sides add $300 – this should cover DMV – Inspection and dealer Doc Fees.

Fifth: On both sides – subtract $3,000 for you down payment

Sixth: On the rebate side subtract $3,000 for the rebate

If you did this right, so far you should have the following results:

Both sides: should show Sale Price $30,000 Tax $2,475. DMV $300. Sub Total: $32,775

Rebate Side Should show $6,000.00 Total down payment and an “unpaid balance” of $26,775.00

The 0% side should show $3,000 Total Down Payment and an “unpaid balance of $29,775.00

Assumption: If you chose not to take the 0% – the dealer offered you a 5.5% interest rate.

Compare to see where the lines cross:

Next step – find an auto loan calculator – you can go on any search engine type in “free auto loan calculator”

I am not able to attach a link to this area of the post so I will simply suggest a very user friendly, free calculator (which we have no affiliation) is chase.com just search:

“Free chase auto loan calculator”

Calculate:

REBATE SIDE

$26,775 Amount Financed

5.5% APR

60 Month Term

Answer: Payment $511.43

Total Interest: $3,910.80

Total of Payments $30,685.00

0% SIDE

$29,775.00 Amount Financed

0% APR

Answer: Payment $496.25

Total of Payments $29,775.00

Summery: On your deal, 0% came out to be $910.80 less than the REBATE, so obviously the better deal for you is 0%.

On my worksheet, using the same method, it turned out that the rebate was quite a bit more of savings, (only because I was financing much less) if I chose to finance more money perhaps the lines would cross sooner.

Final notes to remember:

1) If you choose to lower or raise you down payment and lower and raise your amount financed, the out come of “which one” is a better deal will vary. So, keep testing the different scenarios using the method provided above and you will find the best deal for you. Every time!

2) Be careful – No rebate is final, while low financing isn’t: Keep in mind this very important consideration: If you choose low financing over the rebate – essentially you just paid more for the vehicle and you can’t get that money back. However, you chose to do so in return for free financing terms. (Very smart) You did your homework, you made your decision based on solid factors and you made the overall least expensive decision. EXCELLENT WORK! Though, you must remember you made this comparison based on a 5 year repayment term. If you keep the vehicle for 5 years, and pay as expected you win, your calculations were perfect and you achieved the best deal for you. On the other hand, if something changes and for any reason you decide that you are not going to keep this vehicle beyond the second or third year… Then, you just gave back the benefit of the low financing. The variables have changed once again and the better deal swings back to the rebate. So remember, in the privacy non pressured environment of your own home; carefully consider all your options and likelihoods. For instance, if you know you don’t keep a vehicle beyond a couple of years, this must be included as a decision factors.

Long story short: Always compile all the facts first, limit the variables that can change the deal and negotiate with confidence.

The author of this article is an auto industry professional for the past 18 years. Robert has extensive knowledge in automotive finance and specialty automotive finance (bad credit). Having worked as a finance and special finance manger for dealerships in the New York metropolitan area since the early 90′s Robert has assisted thousands of clients in achieving auto mobile loans with “less than perfect” credit.

Since 2009 Robert has been working a program which was developed to assist customers in the often confusing issues related to purchasing automobiles. A free service: [http://www.BuyerCents.com], assists clients with good or bad credit alike. The BuyerCents program helps people understand the “pit falls” they should avoid, while additionally assisting with the general do’s and don’ts that cause many people to over pay or simply get ripped off at the dealership.

Top Brand Professional Automotive Tools Reviewed – Know Your Budget

The tool market is well serviced in terms of brands, design, quality and price. The key consideration is to evaluate your needs. For example, it is pointless buying a laptop capable driving sophisticated 3G games when really all that is required from the unit is basic desktop and internet work. This kind of example also applies to buying tools. For instance, why waste one’s budget on buying the most expensive tools when their application is for occasional hobby type tasks.

Lets start with an overview comparison. It is widely agreed that the best quality and designed tools are manufactured by the Snap-on company. This brand of tools is designed for the professional market. No tool brand is perfect and infallible to failure. However, the Snap-on lifetime warranty means that when a tool breaks, it is replaced or repaired by the service representatives. Snap-on tools can be bought from their distribution trucks and vans that visit automotive workshops. Alternatively, their online catalog allows purchasing via the internet. Second-hand and recycled Snap-on tools are also eagerly traded through websites like eBay and eBay Partner sites.

As noted above, Snap-on automotive tools are at the upper price range. However, there is no shortage of professional grade tool brands at price points below that of the Snap-on brand. For example the brands: Matco, MAC and Cornwell are equally respected in the professional automotive sector. Matco, MAC and Cornwell off a range of professional tools that deliver quality and reliability while carrying sound lifetime warranties and professional after sales service. And are less expensive than the Snap-on brand for the budget minded professional automotive technician. The availability of these brands for sale is similar to Snap-on tools. Trucks visit and distribute tools at automotive workshops. Also, online catalogs and auction type websites offer buy opportunities.

For those budget sensitive buyers, the next set of tool brands is SK and Craftsman. The manufacturing quality of these brands meet USA standards and carry similar lifetime warranties like those brands mentioned above. So, for the semi-professional or hobbyist application these tool brands are an ideal choice. Some may argue that the SK brand, although not as popular, is a little superior to the Craftsman brand. But this opinion is subjective. Craftsmanship and SK brand tools are a more accessible to the buying market. For example, Craftsmanship brand tools are stocked at Sears stores, while the SK brand is found in automotive parts stores and outlets.

In summary, if price is no restraint, then tools from the Snap-on range are considered to be the best quality. Where quality and service is still a priority, then brands such as: matco, MAC and Cornwell offer offer quality profession lines of tools as less expensive price points. Finally, the brands SK and Craftsmanship serve the semi-professional market with tools that are not subject to the high demands of daily professional usage. The advice for any buyer is assess the task application of the tool, and allocate your budget to buy the right tool for the right job.

Automotive Dynamic Guide – How to Be Ready to Drive in a Foreign Land

If you are going to be behind the wheel of a new rented car, and in a strange foreign land where you have never driven before, what should you do in preparing to drive?

Just not so long ago, I was in Kuala Lumpur, the capital city of Malaysia, located just north of Singapore. As those of you who have traveled widely to Asia would know, the traffic on the roads in most of the Asian countries is heavy throughout the day, and many times driving habits take precedence over traffic rules and regulations, especially when the searing tropical heat bears down on cool heads, and raise tempers!

Before me was a small locally produced Malaysian car – the Perodua Kancil- named after the tiny deer that can run swiftly through the Malaysian jungles.

And I need to use that car, to brave the heavy traffic of the day to move to the next nearest city of Shah Alam to attend to a business meeting.

Alien to the area, alien to the car- what should I do?

Indeed, when you are confronted with such a situation, what should you do?

Keep cool – and PLAN your journey, and use the car intelligently.

For instance, perform the very, very basic inspection on your car before you even use it. This means:

1. check the tires and their pressure

2. check the engine oil and their brake fluid

3. check the battery

4. ensure the brakes are functioning ( there’s nothing like to take it for a short slow ride to put it to the test! )

Plan your journey- for instance, do not be afraid to ask directions and record them down so that you can always refer to the notes. Plan the timing of your journey – so that you can always drive during the slower traffic periods, away from the maddening crowds in the rush hour traffic. Protect yourself especially your eyes from the glaring tropical sun by wearing light sunglasses. Be properly attired. And wear shoes! The last tip on wearing shoes may seem funny, but when it is perennial summer in the tropics, many visitors, especially those who come from the cooler temperate countries would be tempted to wear only sandals!

And when you go on the roads, observe the speed limits. Do not push your vehicle to the maximum speed limits especially where you are driving along strange highways and where traffic jams are a norm.

In my personal case, I was astonished to see cars doubled parked along busy suburb shopping areas and feeder roads while I cruised my way to my destination. I wasn’t sure whether that was allowable, as the double parking of cars in two rows converted the road into a narrow one way path, leading to congestion at many parts. It sure was a “revelation”!

But in a strange land, where you are not the expert in local traffic rules, it is best to play it save. Drive defensively and plan your travel to ease your journey, and you will enjoy that ride.

Unique Oil Change Concepts Research

In the mobile oil change business there is no standard system, many folks simply build what works or buy a biz-op unit that makes since to them. For years we have studies these various types of units in the market place. If you are in the oil change business you realize how serious it is to stay efficient. In our company like anyone else in this industry, we are out to bring new innovation to the market. We have been looking at ways to better our services.

We have been to http://www.Kibbi.com in Elkhart, Indiana, we have viewed there unit in another state. We have discussed these and other concepts with other engineers and thinkers. What we have decided is that all ideas are worthy of exploration in our quest to find the most efficient and most environmentally sensitive units. Why are we so driven to build a better mouse-trap? Why are we un deterred with the exploitations of Box Stores changing oil, such as Wal-Mart on what appears to be a below cost endeavor at $12.99. Why do we believe that it is possible to stay efficient enough to compete? Because we see the new innovations out on the street and see entrepreneurs everywhere are rising to the occasion.

Well this year in San Diego, Jiffy Lube is announcing a new program for franchisees with extended bays and adding everything from brake jobs, and engine repair including complete R and R rebuilding of motors. It makes sense for them due to the increased competition in the market place. Midas Muffler has also gone to changing brakes and oil changes. Tilden Franchise is also looking to co-partner with other services and to bundle services to compete. Jiffy Lube’s largest franchisee with well over 150 stores; was de-listed by NASDAQ; are we witnessing a new era in automotive repair and oil changes? We think so.

We watched recently as Roger Penske left Kmart as they closed the doors on 500 stores nationwide and now are merging with Sears in their re-organization plan and closing another 150 stores. In Tucson, AZ for instance we see Kmart on the North West side of town pulling out of the market and then we see a new awesome Valvoline Oil Change Facility on the same property with a 2 million dollar carwash and Detailing Center? Why, well as Lance Fisher the proprietor sees it, he can bundle services, get a no interest loan deal from Valvoline, give the customers what they want and his incredible facility will draw three different services to the same property. Is this the answer to the price wars, bundling, like Microsoft? Well Lance Fisher bets with real money in Tucson, is that a good bet? We think it is, you should see this place, WOW, one of the nicest carwashes in the country, ranks up there with Auto-Wash East and Danny’s Family Carwashes in Phoenix.

These are just a few of the latest interesting changes in the Industry. Some would say this Industry is stagnant. We disagree. We are watching Kendall battle for the latest changes in oil change interval extension and the war against traditional thinking with AMSOIL, Mobile One and others. Lots of new innovations and claims to come; who will lead? Well as we approach the pack and have our sights on the Yellow Jersey, we believe that the team who can service the customer and bring the value will be team yellow. We know this is an up hill grind and we will pursue the race with open eyes and an open mind. If you are in the Oil Change Business Think on this.