Buy Vs. Lease -Which Car Option is Best For You | Mark Alexopoulos
Auto Industry, Car, Car Care

Buy Vs. Lease: Which Car Option is Best For You

If you need a new car, you might be wondering if it is better to buy or lease. After all, this is one of the larger financial decisions you will make every couple of years. You need the right information to help you decide which option is better for you. Here is a comparison to help you make an informed choice that gives you peace of mind:


Upfront Costs

When it comes to buying a car or leasing on, there is a difference in upfront costs. Sometimes, buying a car will incur higher upfront costs. This might come in the form of a down payment since you are actually purchasing the vehicle and putting as much as you can towards the final price. There are also prices and options to consider which could be paid for upfront. Keep in mind that many dealerships allow you to choose how and when you pay for these.

Monthly Payments

Sometimes, you want to have lower monthly payments, even if this means higher costs in the end. In this case, leasing a car could lower your payment while allowing you to stretch your money in the short term. This could be the right option if you are willing to pay slightly more in the end.


If you want to have the option to drop your payments at any time, it can be more difficult to do when you are paying to own the car. Often, the contract is long term. With leasing, however, you can still have longer contracts, but you might be able to get a shorter lease.

The Dealership

Knowing that you can trust the dealership is crucial to your car experience. Sometimes, it doesn’t so much come down to buying or leasing. Instead, it revolves around knowing the sales team so that you can have confidence you are getting the best deal.


When it comes to buying a car or leasing a car, it is a difficult decision at first. But don’t feel overwhelmed. Even though it is important that you make the right choice, there are different pros and cons to each method. Avoid jumping right in and making a decision before you have all the info. Evaluate the differences and choose the path that aligns with what you need out of your next vehicle.


Mark Alexopoulos is a leading entrepreneur and technology expert in the automotive remarketing industry. Check out his automotive blog or follow him onTwitter!

Auto Industry, Car, Car Care

April is National Car Care Month: Check out these Spring Car Care Tips!

April is the National Car Care Month so what better time to give your vehicle the TLC you’ve been putting off during the cold winter months. Taking proper care of your car is vital to the longevity of your vehicle. Follow these simple and easy spring car care basics to extend the lifetime of your vehicle and save you money in the long run.


Wash and Wax

A simple but essential spring car care tip is to wash and wax. During the winter, sale, debris, and road grime will build upon your vehicle. Debris and dirt build up will affect your car’s paint and finish, but salt can do much worse damage, leading to rust and other serious problems. Spend a beautiful spring day outside washing your car or take it to your local car wash for a much-needed bath!


Change Oil and Filter

Changing your car’s oil and filter will help the engine continue to work at its best and prevent costly repairs to drivers down the road. As the weather begins to warm up, your air conditioning will be on more which means your engine will be working harder. According to Meineke, the average cost of a year’s’ worth of oil changes is approximately $120, which is much lower than the cost of not proactively maintaining a vehicle’s engine, $4,000. Furthermore, the U.S. Department of Energy found that with routine oil changes and the right kind of oil, gas mileage can be improved over time by one to two percent! Be sure to take the time to check when you need an oil change and do not push it off if the time is now!


Check the Battery

Your vehicle’s battery will drain quicker with colder temperatures, so it is essential to check if the battery is fully charged. Using a voltmeter, you will be able to determine if your battery is good or bad. If you want to test the charge yourself, remember always to wear a pair of rubber gloves and goggles because this will protect your hands and eyes from acid. You can also stop in at your local mechanic or car shop for a test!  Most car shops offer it for free!


Check Alignment and Suspension

Driving in wintry conditions and over potholes can damage your vehicle’s alignment and suspension. If you notice uneven tire wear, your car seems to fight against the steering, or if you are using more gas than you used to it may mean your suspension is not correct. Alignment is critical because it increases safety as well as determines how long your tires and gas will last. If you think your alignment or suspension needs correcting, contact your local car shop or mechanic.


April is National Car Care Month, which makes it a perfect time to give your car the TLC it needs. Winter weather can take a toll on your vehicle, so follow these spring car care tips for keeping your car in the best shape!

Mark Alexopoulos is a leading entrepreneur and technology expert in the automotive remarketing industry. Check out his automotive blog or follow him onTwitter!

Auto Industry, Car, Car Care

5 Car Maintenance Mistakes

In my previous blog, I discussed the importance of regular car maintenance and basic steps to follow. Routine car maintenance is essential for extending the durability and life of your vehicle; however, there are easy mistakes to make. Here is a list of car maintenance mistakes that are typically made and how to avoid them.   


1. Procrastinating Maintenance

Putting off scheduled car maintenance is a common trend because it saves money in the short term. However, your car and wallet will pay in the future. Car manufacturers recommend scheduled service for a reason, so it is best to keep your vehicle on that schedule. Additionally, there are small things you can fix yourself, avoid making costly errors by attempting to service your own car.


2. Neglecting Oil Changes

Car manufacturers used to recommend changing a vehicle’s every 3,000 miles. However, many manufacturers have lengthened this mileage frame. While you may be able to go longer before an oil change is needed, it does not mean that oil changes can be skipped. Old oil will break down and may damage parts of your engine. Maintaining routine oil changes will maximize the life of your engine.


3. Not Checking Tire Pressure

It’s difficult to gauge your vehicle’s tire pressure just from looking because even when your tires appear to be fine – air pressure may be high or low. Many factors change tire pressure, including weather, debris, potholes and more. Proper tire pressure not only boosts your fuel economy but also improves the car’s safety. It’s important to check your car’s air pressure regularly. If your tires are routinely losing pressure, be sure to check in with your mechanic for a diagnosis.


4. Skipping Other Tire Care

Since tire care is not something that has to be frequently done, it is often neglected. Regular rotation allows the tires to serve in both front and rear positions, which help to even out the wear. Additionally, tire alignment plays a factor in tire wear as well as fuel efficiency, tire performance, and vehicle maneuverability.


5. Not Changing Wipers

Windshield wipers are a necessity because they help us drive in adverse weather conditions. Even though wipers are easy and cheap to replace, many drivers neglect to purchase new ones. The fall is an excellent time to replace your wipers because it’s right before the harshest weather starts.


Taking care of your car is the easiest and best thing to do if you want to extend the life of your vehicle. Many owners will make these mistakes, but avoiding them will help keep your car in peak condition.
Mark Alexopoulos is a leading entrepreneur and technology expert in the automotive remarketing industry. Check out his automotive blog or follow him on Twitter!

Car Maintenance Basics | Mark Alexopoulos
Auto Industry, Car, Car Care

Car Maintenance Basics

Routine car maintenance can extend the durability and life of your vehicle. Preventative car care is essential for keeping your vehicle running smoothly and can also help prevent more substantial expenses down the road. Follow these necessary maintenance steps to help keep your car running in peak condition.


Change Oil Regularly

Checking and changing your oil is one of the easiest ways to take care of your car. Whether your vehicle has a dipstick or an electronic gauge to check the oil’s color and oil level, you should know how to test it. Understanding the difference between muddy, murky oil and clean oil will also help you determine if something is wrong with your engine. While there is no universal recommendation for how often you should change your oil, your car’s owners manual will have the answer. For years, many mechanics recommended oil changes every 3,000 miles, but due to modern engine technology, some vehicles can go 7,5000+ miles until a change.


Maintain Tires

Keeping your tires in the best shape possible is another easy way to save money and prevent accidents. It’s recommended that you check your tire pressure at least once a month and before any long trip. The correct tire pressure is generally printed on a placard found on the driver’s door, or it’s written on the inside of the glove-box. It is also important to routinely check tire tread, rotation, balance, and alignment. Rotating your vehicle’s tires maintains fuel efficiency and prevent irregular wear and tear.


Routine Brake Checks

Your braking system is one of the most critical safety features of your vehicle. Brakes will have normal wear and eventually need to be replaced, but be sure to check the braking system at least once a year. A thorough inspection includes brake fluid level, brake fluid level, brake and dash warning lights,  rotor thickness, and condition of hoses and brake lines. Additionally, keep an eye out for specific signs such as high-pitched squealing, slower stopping, and steering wheel vibration while braking because these are indicators that your brakes need to be checked.


Additional Care

Other car maintenance basics include checking your air filter, hoses, and belts, and replacing your wiper blades regularly.


Routine preventive care is the single best thing you can do as a car owner to keep your vehicle maintained. Following these simple and easy maintenance basics can extend the lifetime of your car and save you money in the long run.


Mark Alexopoulos is a leading entrepreneur and technology expert in the automotive remarketing industry. Check out his automotive blog or follow him on Twitter!

Car, Car Care

Winter Car Care

Winter is upon us, and for many drivers, that means challenging winter weather and road conditions. Snowy roads, icy streets, lots of salt and freezing temperatures can impede your driving and damage your car. However, following these preventative winter care can help you prepare for this winter season.


Replace Wiper Blades

Wiper blades are a necessity for winter weather, and unfortunately, need to be replaced more often than you think. Consumer Reports found that wiper blades lose their effectiveness in as little as six months, and you can improve their lifetime by cleaning the rubber edge periodically.


New Tires

Winter-grade tires are built to perform better in snowy conditions and are designed to grip ice and snow for optimum traction. Depending on your location, if you live in an area where ice and snow occur often, consider buying tires dedicated for winter. If your location gets occasional snow, all-season tires can also do the trick. Be sure to keep your tires in good shape, including keeping them properly inflated.


Keep Battery in Good Shape

Cold temperatures hurt your battery’s performance and cause a lot of stranded cars in the winter. You can have your battery professionally tested, or you can perform a check on your own. No matter what, be sure to know how to jump-start a car and keep winter essentials (gloves, scarf, hat) handy in case of a dead battery.


Gas and Washer Fluid

During winter months, be sure to keep both your gasoline and windshield wiper fluid full. Condensation can build if the gas tank is not full, causing fuel lines to freeze if the temperature is low enough. Additionally, if your gas tank gets low, it makes it harder for the fuel pump to keep cool. It is also important to keep your windshield wiper fluid full because it can clean salt off of your windshield.


Pack a Survival Kit

As previously mentioned, it is important to keep winter essentials handy in case of bad weather. Be sure to have a windshield scraper, flashlight, cold weather clothing, emergency flares, salt and water accessible in your car.


As temperatures continue to drop, be sure to follow these preventative winter car care tips. Planning ahead of time can prevent accidents or issues from occurring as well as being prepared in case of emergency.  


Mark Alexopoulos is a leading entrepreneur and technology expert in the automotive remarketing industry. Check out his automotive blog or follow him on Twitter!