Auto Leasing Glossary

Auto Leasing Glossary

In order to get a good leasing deal, you need to understand leasing jargon. Read through this leasing glossary to get an overview of the basics: Acquisition fee: A fee charged by a leasing company to begin a lease. Not all leasing companies charge an acquisition fee but if charge it starts at about $300 and is seldom negotiable. Leasing a used vehicle can be an attractive deal in many ways, no least getting you into that luxury model or SUV, for lower monthly payments than a brand new one. Be prepared, however, to do some more homework to dissect a good deal.




Car Stereo Wiring

Car Stereo Wiring

I have come across a lot of car stereo systems over the past 10 years or so. There are so many “techniques” to installing head units. Everyone has their own opinion of what is right and wrong when wiring up a system, but just because it works doesn’t make it right. I asked Majestic Modifications what their opinion was on the subject. How do they install so many units and always get it right?




How to Apply For Auction License in the States

How to Apply For Auction License in the States

There are six kinds of car dealers in the States – the independent dealer, the franchise seller, service facility, wholesale dealer, auctions and salvage. To be able to enter the business of Car auctions, you must furnish the necessary requirements and know the process on how to apply for auction license specifically for car auctions. Car auction sellers are authorized to sell used cars by bidding and not through retail selling.




The Two Sides of Repossessed Cars

The Two Sides of Repossessed Cars

Repossessed cars are vehicles that were bought using a financing program or loan. When the borrower fails to pay the lending company or bank, the latter can opt to seek the court’s help to obtain a car repossession order. You can also go to local and online auctions. However, auctions can give you a lot of pressure because of the presence of other people looking for a great deal. Do not let their presence and bids affect you. Avoid overbidding. Make sure you have the details of the car’s value and condition when bidding.