AUTONET TV

Lease or Buy?

Lease? Or buy? These are the options for CHERRY HILL 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.

CHERRY HILL 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 CHERRY HILL area dealership. 

So how do CHERRY HILL 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? CHERRY HILL 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 CHERRY HILL 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 NJ 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 CHERRY HILL 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 NJ auto insurance company will pay. But ask your CHERRY HILL 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 CHERRY HILL auto repair shop  or Joe D'Auria's Auto on a regular basis, get the required work done and save the service records. It's well worth it.

Joe D'Auria's Auto
1401 BRACE RD
CHERRY HILL, NJ 08034
(56.427.9422
http://www.autorepaircherryhill.com

Fuel Filter Replacement

Hello CHERRY HILL resident! You would never like to drink a glass of mud, right? Well, your vehicle feels the same way. It needs a steady supply of clean fuel in order to run well and deliver good fuel economy. The fuel filter's job is to clean dirt and rust out of the fuel before it gets to your engine. A clogged fuel filter can actually choke off the engine so that it won't start or run. Some fuel filters have a bypass valve that allows fuel to go around the clogged filter so your vehicle will still run. But, then the contaminated fuel can clog your fuel injectors and allow particles into your engine.

A vehicle with a partially clogged fuel filter might run well around CHERRY HILL, but sputter and strain on the because it's starving for gas. There are two things that affect how often you need to replace the filter. They are: where you drive in NJ and the gas you buy. If you drive a lot on dirt or gravel roads in rural NJ, your fuel filter will have a harder time keeping the fuel clean.

And, we hate to say it, but buying the cheapest gas from bargain stations sometimes means dirtier fuel that'll clog the filter sooner. Major brands tend to be cleaner and certainly have higher levels of detergent additives.

Of course, manufacturers recommend intervals for changing the fuel filter. But, it's a little more complicated than that for CHERRY HILL residents. Some manufacturers stopped listing recommended intervals for fuel filter replacement or have very long intervals like every five years or 80,000 miles (130,000 kilometers). So you may need to look to other sources for recommendations. Vehicles older than six or seven years are especially at risk because they have had time for dirt and rust to build up in the fuel tank. A clean fuel filter keeps the gas flowing. Even a partially clogged filter puts added strain on the vehicle fuel pump. That can shorten its life and result in repair.

As is often the case, spending a little money now on something as inexpensive as a fuel filter can save money for CHERRY HILL residents down the road by improving and preventing repairs. At Joe D'Auria's Auto in CHERRY HILL, we can check your fuel filter. It is better than fixing a burned-out vehicle fuel pump or ruined fuel injectors.

Joe D'Auria's Auto
1401 BRACE RD
CHERRY HILL, NJ 08034
(56.427.9422
http://www.autorepaircherryhill.com

Automotive Tips from Joe D'Auria's Auto: Where Should New Tires Be Placed

When CHERRY HILL drivers need to replace tires, they need to know how many they should get and on which axle they should be placed. Replacing a damaged tire may leave you with three others with significant wear, which could affect your traction control, stability control and anti-lock brake systems.

If you can’t afford to replace all four tires at once, you should at least replace two on the same axle. New tires should always be put on the rear axle for stability in slippery conditions. Your friendly and professional Joe D'Auria's Auto tire professional can help you know when your worn tires should be replaced, if you can have a damaged tire repaired as well as selecting the right tires for your needs.

Give us a call.

Joe D'Auria's Auto
1401 BRACE RD
CHERRY HILL, NJ 08034
(56.427.9422
http://www.autorepaircherryhill.com

Cool Breeze: Air Conditioning Service at Joe D'Auria's Auto in CHERRY HILL

Most NJ auto owners know that their vehicles need regular preventive maintenance like changing the oil and filters, rotating the tires and refilling the washer fluid. But did you know that your air conditioning system needs routine maintenance as well? Taking care of your air conditioning system can extend its life and prevent costly repair bills.

Why is it important for CHERRY HILL area drivers to get routine maintenance on their air conditioning system? First, the refrigerant contains an added lubricant. As the refrigerant circulates through the air conditioning system, its parts are lubricated. This constant lubrication keeps the parts functioning well. But over time, this lubricant is used up, and without it, the parts will eventually seize up and fail.

CHERRY HILL folks should understand, however, that the air conditioner will continue to pump out cool air even without the lubricant, so you won't know the system is sick until it actually dies. So good vehicle care includes regularly checking the refrigerant and lubricant in your vehicle air conditioning system and replacing it if needed.

The second reason your air conditioning system needs preventive maintenance is that air and water can get into the system. Air, water and the contaminants they contain will reduce the efficiency of the air conditioning system and can cause corrosion of the system's parts. Keeping the air conditioning system clean is a practice that will extend its life and keep you from losing your cool on hot CHERRY HILL days.

How often should you get a routine car air conditioner inspection? It varies from vehicle to vehicle. Check your owner's manual for the vehicle manufacturer's recommendation.

Here's a good piece of advice from Joe D'Auria's Auto for NJ vehicle owners that will extend the life of their air conditioning systems: You should run your air conditioner in the winter every once in a while. This circulates the refrigerant, which lubricates the seals. That way, they won't dry out during cold CHERRY HILL weather.

Joe D'Auria's Auto
1401 BRACE RD
CHERRY HILL, NJ 08034
(56.427.9422
http://www.autorepaircherryhill.com