Leasing vs. Buying at Conicelli Autoplex

No matter the size of your budget or which car you hope to park in your driveway, the first thing every car shopper should do is decide whether to lease or buy.

What you want your monthly payments to be, how many miles you drive each year, and how attached you get to your cars. And, from a purely financial perspective, it’s important to consider the cost of each option over the entire lifetime of the vehicle.

Buying a vehicle is the more straightforward transaction. Simply put, you’re paying for the cost and sales tax for the entire vehicle. If you finance the purchase with a loan, your monthly payments will be determined by the vehicle price, the interest rate on the loan, and the length of the loan. There may also be various finance charges and fees. When you make the last payment on the loan, you’ll own your car and can choose to sell it or continue driving it. To get a sense of the monthly payments associated with financing, visit our Payment Calculator.

When you lease a vehicle, you’re only paying for the portion of the vehicle you use over the course of the lease, which usually lasts two or three years. Because you’re not making payments based on the entire value of the car, your monthly payments will be lower. There are very specific stipulations about the number of miles you can drive a leased car, the condition the car must be in when it’s returned, and penalties associated with ending a lease early, so it’s very important to read a lease agreement carefully. As with buying a car, there may also be various finance charges and fees associated with leasing a car.

When you do the calculations, you’ll find that you can make some fairly broad generalizations about the cost of leasing versus buying:

• In the short term, the monthly costs of leasing are lower than the monthly costs of buying.
• In the long term, the cost of buying is less than leasing, because the buyer can continue to drive the car after all the payments have been made.

BUY

• Full ownership at the end of the loan
• No limit on mileage
• Less worry about dents and dings/condition
• Flexibility to customize your vehicle

 
LEASE

• Smaller (or no) down payment
• A new car every few years
• You can drive a better car for less money 
• No long-term commitment 

Now that you know some of the basics, we recommend that you look at your budget, learn more about the specifics of your credit rating and current interest rates, and think how each of the options fits your life.  Do the research, and you'll ultimately end up with payments you can afford and a car you love.

Conicelli Explains Why a VIN # is Important

Every car has a unique 17-digit Vehicle Identification Number (VIN) filled with important details. The VIN is like the Social Security number for your car. It is used when you register your car, buy insurance, and when your car is in the shop for repairs -- to help order the right parts for your car. The police use it to identify your vehicle if it's been stolen.

It would be nice to know what those mysterious numbers mean, wouldn't it? Aside from amazing your family and friends with your car knowledge, you also need VINs to get a CARFAX report on a used car so that you can find out about its history before you buy it.

Look on the upper left side of your dash — you should see an important-looking badge with 17 numbers on it. You can also find your VIN on the doorjamb sticker on the driver's side. Here's how the numbers break down.

World Manufacturer Identifier
The first three digits make up the World Manufacturer Identifier (WMI)

• Position one represents the nation of origin, or the final point of assembly. For instance, cars made in the U.S. start with 1,4 or 5, Canada is 2, Mexico is 3, Japan is J, Korea is K, England is S, and Germany is W.
• Position two tells you about the manufacturer. For example, T is for Toyota,  B is for BMW, L is for Lincoln and N is for Nissan.
• Position three indicates the vehicle's type or manufacturing division. For example, 1G1 represents Chevrolet passenger cars; 1G2, Pontiac passenger cars; and 1GC, Chevrolet trucks.

Vehicle Descriptor Section
Digits 4 through 9 make up the Vehicle Descriptor Section (VDS).

• Positions four through eight tell you about the car, such as the model, body type, restraint system, transmission type, and engine code.
• Position nine, the "check" digit, is used to detect invalid VINs based on a mathematical formula that was developed by the Department of Transportation.

Vehicle Identifier Section
Digits 10 through 17 make up the Vehicle Identifier Section (VIS).

• Position 10 indicates the model year. The letters from B-X correspond to the model years starting with 1981, with X bringing up the rear with 2000; model years 2001 and up are indicated with numbers, starting with the number 1. There is no I, O, Q, U or Z. Confusing? Here's a list of the model years: B=81, C=82, D=83, E=84, F=85, G=86, H=87, J=88, K=89, L=90, M=91, N=92, P=93, R=94, S=95, T=96, V=97, W=98, X=99, Y=00, 1=01, 2=02, 3=03, 4=04, 5=05, 6=06, 7=07, 8=08, 9=09, A=2010.
• The letter or number in position 11 indicates the manufacturing plant in which the vehicle was assembled. Each automaker has its own set of plant codes.
• The last 6 digits (positions 12 through 17) are the production sequence numbers. This is the number given to your car on the assembly line.

This information was obtained from CARFAX.com

You can stay connected by "Liking" Conicelli on Facebook, Tweet http://twitter.com/conicelli subscribe to our YouTube channel, 123Conicelli. You can also find the latest contests and events information, money saving coupons, and much more posted daily.

You can also text “Conicelli” to 50123 to get weekly incentives and coupons sent to your mobile device as well.

Conicelli Internet Department's 7th Year in a Row in Top Ten Volume Sales in the Country

The Conicelli Internet Department has once again ranked #4 in the nation, and is also #1 in Pennsylvania for new and used internet car sales. The reason I'm giving you these statistics is not to brag, but to let you know that we have the experience and knowledge to give our customers the top quality service that they deserve.

The Conicelli Internet Department has been in existence since 1998. Our team consists of over 20 employees with many years of experience selling vehicles over the internet. Our Internet Department works on a team system, which means when you send us your information by filling out one of our forms throughout our sites, you will be contacted by one of our team members.

Meet Our Management Team

Lori Hammond

Internet Director of Sales

Natalie Bliss

Executive Assistant

David Scott

Internet Manager

Amanda Del Rossi

Internet Manager

Michael Hammond Jr.

Internet Marketing Manager

The Internet Department makes car shopping easy and convenient by gathering specific information regarding the vehicles you are interested in and answer all your questions and concerns. We realize that your time is valuable and we will make this experience hassle-free, quick, easy and most of all "NICE".

Our unique comparison shopping situation at Conicelli Autoplex gives you the luxury of driving vehicles side-by-side and working with one knowledgeable Internet Consultant to find the right vehicle for you.

The Conicelli promise to you:

•Our Internet Department is fully trained and familiar with all of our products.

•We do our best to contact you through your preferred method of contact listed in the lead, which is either by phone or by email; and to initiate that contact within no more than four business hours of receiving your request.

•We provide our "best price" on the first contact with you ("Best price" means the lowest price at which Conicelli will sell a specific vehicle that day).

•We will inform you the status of your requested vehicle in a clear, honest fashion, and provide a stock number if the vehicle is currently available.

•We will locate, dealer trade, or factory order a vehicle in accordance with your request, in the event the preferred vehicle is not in our stock.

•We offer to complete, in advance of your arrival to take delivery, as many aspects of the vehicle sale as possible and as you desire.

•We respond to all your questions in a prompt and honest manner.

Please check out Conicelli.com if you are looking for a new or used vehicle.

All-Electric Nissan LEAF & Honda Insight Hybrid to Be Featured at Eastern Open House

On Monday, March 4, 2012, Eastern Center for Arts & Technology  in Willow Grove, PA will hold an Open House to showcase all 14 of its programs of study.

 As part of the Open House, an all-electric Nissan LEAF and a Honda Insight Hybrid will be on display, courtesy of Conicelli Nissan and Conicelli Honda.

Matthew Conard, Lead Technician/Shop Foreman at Conicelli Honda (and an Eastern graduate) will present the vehicles, which were made possible through the help of Frank Boyle, Conicelli Honda Service Manager.

Throughout the Open House Conard and Joseph Tavani, Director for Honda Programs at Penn College of Technology, will be collaborating on a presentation of Honda green technology.

The Honda Insight Hybrid is a sporty 4-door hatchback and was one of the first hybrid vehicles on the market in 2000 and continues being produced and sold today.

According to Jack DePre, Service Manager at Conicelli Nissan, the LEAF is only available in major metropolitan areas. While only receiving the first vehicles several weeks ago, Conicelli has already sold three.

The all-electric Nissan LEAF is a 5-door electric hatchback that offers 99 MPG (gas equivalent) while achieving a 5-star safety rating from the National Highway Traffic Safety Administration, the first fully-electric vehicle to earn this distinction.

The Annual "I Spy Mr. Nice Guy" Beach House Contest is Back!!

Our annual beach house contest is back! This will be our 5th "I Spy Mr. Nice Guy" contest. This year Conicelli will be hosting a beach themed party, and giving away all sorts of awesome prizes and a beach house for a week in Sea Isle City, NJ as a grand prize!!

The contest will run from February 5 - May 5, 2012.  The beach themed contest will take place on May 15, 2012 in the Conicelli Honda Showroom. A grand prize winner will receive a beach house for a week from June 16 - June 23, 2012.  2nd Place will be rewarded with a $350 American Express Gift Card and 3rd Place will be given a $150 American Express Gift Card.

It's easy to play, just simply put a Mr. Nice Guy magnet or a Mr. Nice Guy cling-on on your car.  If Conicelli Management spots your magnet, you will receive a $20 gift pack and be enrolled in our contest.

You can get a Mr. Nice Guy magnet or cling-on in any of the Conicelli Showroom and Service Departments. You can also request one on Conicelli.com or any of our Social Media Sites.

This is a testimonial done by the Blide family for Conicelli after winning the "I Spy Mr. Nice Guy" Beach House Contest.

Start playing today and you could be relaxing in this beautiful 4 bedroom, 3.5 bath, ocean front beach house located in Sea Isle City, NJ. This home sleeps up to 9 people. You can hear the waves and watch the beautiful sunset from the deck. Enjoy the Summer in style. Good Luck!
 
You can stay connected by "Liking" Conicelli on Facebook, tweet with us @Conicelli on Twitter, subscribe to our YouTube channel, 123Conicelli. You can also find the latest contests and events information, money saving coupons, and much more posted daily.

You can also text “Conicelli” to 50123 to get weekly incentives and coupons sent to your mobile device as well.

Conicelli Has Leaked 2012 Super Bowl Car Commercials!!

Is everyone ready for Super Bowl XLVI? Here's something to get you started, Conicelli gives you a first look on what to expect from this years renound Super Bowl car ads. Here are a few of Conicelli's top picks:

Toyota Super Bowl Commercial

Toyota reinvents more than the Camry in this extended version of the blockbuster commercial that started it all.

Honda Super Bowl Commercial

Matthew Broderick does another Ferris Bueller's Day Off 26 years later and drives a Honda CRV in this extended Honda Commercial that will air during the Super Bowl.

Hyundai Super Bowl Commercials

TEAM WORK in this commercial, is like the team work from start to finish in making Hyundai a true reliable car.

Trust us, it's fast. And with a 7-inch multimedia touchscreen, a 450-watt dimension premium audio system, and Pandora Internet radio, there's a lot more the 201 horsepower Veloster Turbo can do -- besides outrunning a cheetah.

Introducing a Hyundai Genesis as you never experienced it before. At 429 horsepower, it's a faster acting, more thrilling experience than ever.

At 348 horsepower, the Genesis Coupe gives new meaning to the phrase "Heart Pounding Power". See for yourself at ConicelliHyundai.com.


Hyundai will celebrate its 2012 North American Car of the Year victory for Elantra with a new 30-second spot called "Victory Lap." The Elantra earned the prestigious award from a jury of 50 independent automotive media in early January.