Posts in category: WAG

As we march towards 2024, savvy car buyers in the United States are looking beyond the sticker price, focusing instead on the total cost of ownership (TCO) when selecting a new vehicle. This comprehensive measure includes all expenses from depreciation to insurance, fuel, and maintenance costs. Consequently, it is a critical factor for those seeking not just a mode of transport but a sound financial investment.

Luxury Meets Economy: The Lexus RX

Firstly, for those who yearn for luxury without the exorbitant price tag, the Lexus RX emerges as a superior option. As a 2-Row Midsize Luxury SUV, it boasts a 5-year cost to own that remarkably undercuts its segment average by over $10,000, at $62,175. Additionally, Lexus has skillfully crafted the RX to provide a blend of comfort, style, and reliability, while also ensuring that long-term costs are kept to a minimum.

Compact Yet Mighty: Toyota Corolla and Honda Civic

Moreover, the Toyota Corolla continues to uphold its reputation for safety and reliability. Now, it also comes packed with modern tech features at a price that’s accessible to a broad range of buyers. Similarly, the Honda Civic commands attention in the compact car segment. Not only does it offer exceptional value, but it also provides a driving experience that exceeds expectations for a vehicle that starts at $26,645. Thus, it’s an alluring choice for diverse tastes and budgets.

Midsize Mastery: The Honda Accord

Furthermore, the Honda Accord stands tall among midsize sedans. It’s a testament to Honda’s commitment to efficiency and performance, offering a combined fuel economy of 32 MPG. Therefore, the Accord is a smart pick for families seeking a vehicle that balances practicality with cost-effectiveness.

Hybrid Innovations: The Toyota Prius Prime

Additionally, the Toyota Prius Prime epitomizes the shift towards hybrid technology. It promises considerable savings through its efficient operation and available tax credits. Hence, it’s an attractive option for eco-conscious consumers who are also budget-savvy.

Affordable Luxury: The INFINITI Q50

Similarly, the INFINITI Q50 proves that luxury can be economical. With a 5-year cost of ownership at $52,139, this luxury sedan is an excellent choice for those who seek style without financial strain.

Exceptional Value: Mitsubishi Mirage

Conversely, the Mitsubishi Mirage represents an epitome of budget-friendliness. Sporting a base price below $20,000 and an impressive fuel economy, it’s an ideal match for the cost-conscious buyer.

The All-Round Performer: Subaru Impreza

Lastly, the Subaru Impreza stands out as a reliable all-rounder. With its standard all-wheel drive and an estimated five-year cost to own of $31,041, it’s an attractive choice for those who face diverse driving conditions.

Your Next Smart Move with World Auto Group

In conclusion, as we look forward to the future of car ownership, it’s evident that buyers are valuing long-term cost-effectiveness more than ever. Brands that focus on reducing depreciation and maintenance costs will undoubtedly appeal to cost-conscious consumers.

At World Auto Group, we’re here to facilitate your journey toward smart car ownership. We offer a wide selection of models that promise low total cost of ownership, ensuring that we can find the perfect fit for your lifestyle and budget.

We encourage you to visit us and explore our inventory of cost-effective vehicles. Our dedicated team is ready to provide guidance and help you make an informed decision. After all, the right car for you should be a companion for years to come.

Contact World Auto Group today and start the process of getting into your next car—a vehicle that promises satisfaction and savings for the long haul. Why wait? The road to intelligent car ownership begins with us!

In a world striving towards sustainability, electric vehicles (EVs) have become the beacon of modern transportation, marrying innovation with eco-friendliness. The journey towards a greener planet is further incentivized by the federal government and the state of California, offering enticing rebates to prospective EV buyers. These rebates are a golden ticket to not only contribute towards a cleaner environment but also to make substantial savings. Here’s a roadmap to navigate the avenues of federal and state EV rebates:

Federal EV Rebate: Your Gateway to Cleaner Highways

1. Embark with the Right Vehicle:
   • Commence your eco-friendly journey by purchasing or leasing a new qualified plug-in electric or fuel cell vehicle on or after January 1, 2023, to clinch a tax credit of up to $7,500. The palette expands in 2023, as qualifying used EVs also beckon with a credit of up to $4,000, limited to 30% of the car’s purchase price.
2. Income Compass:
   • Keep your income compass in check as there are income limitations to be eligible for these tax credits. Your financial advisor can provide a detailed map based on your earnings.
3. Taxing Journeys:
   • As you gear up for tax season, remember to claim your EV credit on your federal income tax return, a detour that leads to worthwhile savings.
4. Upfront Savings:
   • Some dealerships fast track your savings by offering a point-of-sale rebate, reducing the price of your EV upfront instead of a tax return claim.

California EV Rebate: The Golden State’s Green Gift

1. Zero Emissions, Ample Savings:
   • The Golden State rolls out the red carpet for zero-emission vehicles, offering rebates ranging from $1,000 to $7,500 to those who buy or lease new, eligible EVs.
2. Residency Route:
   • Your residency in California is your pass to these rebates. Ensure your EV is registered with the California DMV and remains under your ownership in the state for 30 consecutive months.
3. Income Lane:
   • Navigate the income lane wisely; eligibility for the rebate is contingent on your income level, with distinct thresholds for single, head of household, and joint filers.
4. Application Avenue:
   • Drive down the application avenue by submitting your rebate application within 90 days of your EV purchase or lease, and ensure all supporting documents are in order.
5. Rebate Reservoir:
   • The rebate reservoir is vast but not endless. Apply before the funds dry up to ensure you park your EV with a hefty rebate in tow.
6. Rebate Roadblocks:
   • Sometimes the road to rebates may have roadblocks like fund exhaustion, but a timely application could find you on a waitlist for future rebate funding.

The journey towards a greener and cleaner future is not just a solitary one; it’s a collective drive towards sustainability. Seize the opportunity to be a part of this drive by getting behind the wheel of an EV today. The road is wide open, and the incentives are ripe for the taking. However, remember, these rebates won’t last forever.

Conclusion

Make your EV dream a reality with World Auto Group by your side. Our dedicated team is well-versed in guiding you through the EV rebate process, ensuring a smooth ride from the dealership to the rebate bank. Hop into an EV today with World Auto Group and take full advantage of the federal and state rebates. Your journey towards a sustainable future is just a drive away. Connect with us and let’s steer towards a greener tomorrow, today!

Sources:

IRS

California Clean Vehicle Rebate Project

In a world rapidly steering towards sustainable living, electric vehicles (EVs) have found themselves in the fast lane. They are not just a nod to reducing carbon footprints but are also an epitome of how far technological advancements have come. The market today is brimming with electric models that boast remarkable features, great mileage, and sleek designs. While Tesla has been a notable player in this arena, many other brands have sped up to the competition, offering equally impressive, if not better, electric vehicle models.

Affordable Excellence: Nissan Leaf

One of the stars of the electric sky is the Nissan Leaf. This model has made a name for itself for being one of the most affordable electric cars in the market. With an impressive range of up to 226 miles on a full charge, the Leaf doesn’t skim on performance. Its e-Pedal and ProPILOT Assist technology make driving a breeze, especially in bustling city traffic.

Compact Powerhouse: Hyundai Kona Electric

Hyundai Kona Electric is another gem that has been receiving rave reviews. This compact SUV offers an astounding range of up to 258 miles, ensuring your road trips are as smooth as they are green. Its regenerative braking system is a noteworthy feature, converting the kinetic energy into electric energy which in turn, charges the battery.

Reliable Performance: Chevrolet Bolt EV

Not to be left behind, the Chevrolet Bolt EV has also emerged as a reliable choice among electric car enthusiasts. Offering a whopping range of up to 259 miles on a full charge, this model is a compact yet powerful contender. Its one-pedal driving feature is an innovation that many drivers have found to be extremely convenient.

Iconic Evolution: Ford Mustang Mach-E

The Ford Mustang Mach-E has thundered into the electric vehicle scene with a blend of iconic design and modern electric efficiency. The Mustang Mach-E boasts a range of up to 300 miles, living up to the legacy of the Mustang lineage while embracing the future with its electric powertrain.

Luxury Meets Efficiency: Audi e-tron

The Audi e-tron, a luxury electric SUV, has also carved a niche for itself with its sophisticated design and cutting-edge technology. With a range of up to 222 miles, the e-tron is not just a treat to drive but also a statement of luxury and sustainability.

Quirky and Efficient: Kia Soul EV

Kia’s Soul EV is a blend of quirky design and impressive performance. With a 64 kWh battery, the Soul EV offers a range of up to 243 miles. Its roomy interior and modern tech features make it a fun, practical choice for the eco-conscious urban driver.

Supporting Infrastructure: Charging Ahead

While these models are impressing on the roads, the infrastructure supporting electric vehicles is growing too. Charging stations are becoming more commonplace, and the technology around fast charging is evolving, reducing the charging time significantly. Moreover, governments around the globe are offering incentives to electric vehicle owners, further fueling the growth of this green alternative.

The Green Horizon

The competition among auto manufacturers has invariably led to a market flush with innovative electric vehicle models. The aforementioned models are but a glimpse into the promising and green future of automotive technology. As the technology matures and becomes more accessible, it’s only a matter of time before electric cars become the norm rather than the exception. The journey towards a greener future is accelerating, and these electric vehicles are leading the charge.

As the transition to electric vehicles gains momentum, there has never been a better time to make the switch. World Auto Group is at the forefront of this change, offering a diverse range of electric vehicles to cater to every preference and need. Contact World Auto Group today, and let us assist you in finding the perfect electric vehicle to drive into a sustainable future. Your journey towards greener mobility begins with us.

As we rev up for 2023, the world of automobiles promises a ride unlike any other. From eco-warriors to speed demons, there’s a car that beckons everyone to slide into the driver’s seat. Dive in with us as we uncover the jewels of the automotive world this year. Let’s explore some of the best car brands to buy in 2023.

1. Mercedes-Benz

Step into a world where luxury knows no bounds. Mercedes-Benz captures imaginations, with vehicles that shimmer in elegance while echoing the future’s heartbeat. A perfect match for those with discerning tastes.

• EQ Series: A symphony of electric prowess that wows the eco-luxe lover.
• Safety Innovations: Trust in every turn with the groundbreaking Drive Pilot.
• Broad Spectrum: Whether you adore the bustling city with the A-Class or desire the regal S-Class charm, Mercedes delivers.

2. Toyota

For those who wear their heart on their sleeves, Toyota mirrors your dedication to a green tomorrow, without compromising on the thrill of today.

• Hybrid Leadership: Pioneering a cleaner drive with the iconic Prius.
• Unwavering Reliability: Drive stories that last a lifetime.
• Versatility: From the spirited Corolla to the mighty Land Cruiser, choices abound.

3. BMW

Flaunt your flair with BMW. Every drive becomes a statement, every road a stage.

• Electric Expansion: Lead the electric parade with style icons like i4 and iX3.
• Performance Lineup: Let the M series unleash your inner racer.
• Innovative Tech: Revel in futuristic luxuries, turning heads at every stoplight.

4. Hyundai

Hyundai is the rising star that celebrates every driver’s unique rhythm. If you believe in standing out, Hyundai rolls out the red carpet.

• Design Evolution: Turn roads into ramps with stunners like the Sonata.
• Electric Ventures: Embrace the future with visionaries like Ioniq and Kona EV.
• Value Proposition: Premium vibes without burning a hole in the pocket.

5. Ford

Embody the spirit of adventure with Ford. Whether you’re roaring on highways or carving mountain trails, Ford’s beside you, revving in excitement.

• Electric Revolution: Join the charge with the electric stallion, Mustang Mach-E.
• Truck Legacy: Own the roads with the mighty F-Series.
• Tech-Forward: The world at your fingertips, every journey an experience.

6. Volvo

Drive with purpose, wrapped in luxury. Volvo in 2023 isn’t just about reaching destinations; it’s about redefining journeys.

• Safety First: Travel with peace, surrounded by industry-topping safety.
• Recharge Series: Luxury that’s kind to Earth.
• Design Excellence: Scandinavia’s finest, a treat for the senses.

7. Honda

Reliability meets thrill in the world of Honda. Perfect for those whose heart beats for family but whose soul longs for speed.

• Family and Fun: Discover joy in every journey, be it with the Civic or Accord.
• Eco Initiatives: Cruise with conscience, leading with the Insight.
• Reliability: Tales of trust, passed from one generation to the next.

8. Audi

If cars were art, Audi would be a masterpiece. Crafted for connoisseurs, every Audi is a vision of perfection.

• Electric Luxury: Glide into tomorrow with the avant-garde e-tron.
• Quattro Legacy: All-weather, all-terrain, all-in for exhilaration.
• Tech Innovations: A symphony of features that redefine grandeur.

Ready to Drive Your Dream?

2023’s automotive gala is in full swing, and at World Auto Group, we’re your dance partners. Let’s waltz through this world together, and find that dream ride you’ve been waiting for. Don’t let this parade pass you by! Contact us today and steer into the future, in style.

Luxury vehicles represent more than just transportation. They’re a statement, an embodiment of elegance, and a touch of opulence in our everyday lives. But when you’re on the cusp of acquiring one, there’s a pertinent decision to make: to buy or to lease?

The Financial Commitment: What’s Right for Your Wallet?

Acquiring a luxury car is an exhilarating experience, but it’s essential to match the allure of the car with the realities of your financial situation.

• Buying: Like investing in art, you pay for the entirety of the masterpiece. You’ll likely have a larger initial down payment and then continue with monthly installments. Once you’ve finished, though, the masterpiece is yours to showcase or even resell.
• Leasing: It’s akin to having a membership at an exclusive club. You enjoy the perks for a period, paying a typically smaller monthly fee, but at the end of your term, you’ll need to decide: renew, change clubs, or exit altogether.

Depreciation: The Invisible Cost

Cars, especially luxury ones, depreciate. And understanding this can make a difference in your decision.

• Buying: The initial years see a sharp drop in value. However, if you’re someone who cherishes long-term relationships with possessions, this won’t bother you as much.
• Leasing: You’re insulated from the full brunt of depreciation since you’re essentially paying for the portion of the car’s life you use. It’s financial flexibility at its finest.

Driving Habits: How Do You Roll?

Your driving patterns can significantly influence the buy vs. lease debate.

• Buying: Own the highway! There are no restrictions on how much you drive. Perfect for those spontaneous cross-country road trips or daily long commutes.
• Leasing: Great for city dwellers or those with predictable routines. But be wary of those mileage limits; they can creep up on you!

The Future Perspective: Where Do You See Yourself?

• Buying: If you visualize yourself cruising in the same car for many years, basking in memories and adventures, buying is your bet.
• Leasing: Love the idea of changing vehicles and always having the latest tech and style? Leasing offers you a revolving door of fresh experiences.

The Emotional Connection: It’s More Than Just a Car

• Buying: There’s a unique joy and pride in ownership. The car becomes a part of your life story, an extension of your personality.
• Leasing: It offers a more detached relationship. You enjoy the luxury and performance, but there’s less of a personal bond.

Taking The Next Step: Make It a Smooth Ride

Navigating the luxury vehicle landscape is a journey filled with choices. And while it’s tempting to dive in headfirst, remember, the joy of driving is best experienced with peace of mind.

That’s why we at World Auto Group are here for you. Whether it’s expert advice, financial insights, or just a chat about cars, we’ve got your back. Before you take the leap into luxury, let’s talk. Because every great journey begins with the right partner by your side.

If you’re considering leasing a new car, you’re in the right place. Let me walk you through how we can streamline the entire car search and negotiation process for you.

Why Choose New Car Leasing?

New car leasing is a fantastic alternative to buying a car. It allows you to drive the latest models without the financial commitment of ownership. With lower monthly payments, minimal upfront costs, and the flexibility to change vehicles every few years, leasing has become an attractive option for many.

How We Help at World Auto Group

At World Auto Group, we understand that finding and leasing a new car can be a complex and time-consuming process. Here’s how we help simplify that process for you:

1. Personalized Consultations:

We take the time to understand your needs and preferences, so we can help you choose the perfect car to suit your lifestyle and budget.

2. Access to an Extensive Inventory:

With our connections to numerous dealerships, we offer an extensive selection of makes and models, ensuring you find the exact car you’re looking for.

3. Negotiating the Best Prices:

We leverage our strong relationships with dealers to negotiate the best possible lease terms and prices on your behalf. You can trust us to work hard to secure a deal that’s in your best interest.

4. Handling All the Paperwork:

Leave the paperwork to us! We’ll manage all the necessary documents, from the initial application to the final contract, making the leasing process smooth and efficient.

5. Delivery and Ongoing Support:

We can even arrange the delivery of your new vehicle right to your doorstep. And our support doesn’t stop there – we provide ongoing assistance throughout your lease term.

Your Trusted Lease Broker

Choosing World Auto Group as your lease broker means opting for a transparent, stress-free, and personalized new car leasing experience. Our reputation for integrity and customer satisfaction, along with our ability to secure favorable lease terms, distinguishes us from traditional dealerships.

Conclusion

If you’re looking to experience the thrill of driving a brand-new vehicle without the full commitment of ownership, new car leasing with World Auto Group is the way to go. Allow us to handle the complexities of the leasing landscape, ensuring that you get the best deal possible. Together, we’ll make sure you hit the road without a hitch, enjoying every mile along the way. Feel free to contact us today to start your leasing journey!

For many people, getting a new car often comes with a crucial question: is it better to lease or buy a car? The answer to this isn’t a simple one-size-fits-all, as it largely depends on an individual’s financial situation, lifestyle, and personal preferences. In this guide, we’ll delve into the details of both options to help you make an informed decision.

Understanding Car Leasing and Buying

Car leasing and buying are two different ways to finance a new car. When you lease a car, you’re essentially renting it for a specified period, typically 2-3 years. At the end of the lease term, you return the car and may have the option to lease or buy a new one.

On the other hand, when you buy a car, you pay the full price either upfront or through a loan, and you become the owner. Once you’ve paid off the loan, the car is yours to keep, sell, or trade-in as you wish.

Benefits of Leasing a Car

1. Lower Monthly Payments: Lease payments are generally lower than loan payments because you’re only paying for the depreciation of the car during your lease term, not the entire vehicle cost.
2. Drive Newer Models: Leasing allows you to drive a new car every few years. This means you can benefit from the latest technology, safety features, and fuel efficiency.
3. Maintenance Costs: Most leased cars are under factory warranty, covering most maintenance costs and repairs.

Drawbacks of Leasing a Car

1. No Ownership: You never own the car, and thus you don’t build any equity in it.
2. Mileage Limitations: Lease contracts come with mileage limits. Exceeding these can result in hefty fees.
3. Potential for Extra Fees: You may have to pay extra charges if you terminate the lease early or if the car has excessive wear and tear.

Benefits of Buying a Car

1. Ownership: Once you’ve paid off your car loan, you own the car outright. You’re free to sell or trade it at your discretion.
2. No Mileage Restrictions: You’re free to drive as much as you want without worrying about mileage limitations.
3. Customization: As the owner, you have the freedom to customize your car as you wish.

Drawbacks of Buying a Car

1. Higher Monthly Payments: Monthly loan payments are typically higher than lease payments because you’re paying off the entire purchase price.
2. Depreciation: Cars depreciate over time, and most significantly within the first few years. As an owner, you bear the full brunt of this depreciation.
3. Maintenance Costs: Once the warranty expires, you’re responsible for the maintenance and repairs.

Lease or Buy: Making Your Decision

Choosing between leasing or buying a car depends on your personal circumstances. If you enjoy driving the latest models, drive limited miles, and prefer lower monthly payments, leasing might be a better option. However, if you want the freedom to customize, don’t want mileage limits, and see your car as a long-term investment, buying could be the right choice.

Remember, it’s important to carefully review the terms of a lease or purchase agreement before making a decision. This will ensure you’re aware of all costs involved and avoid any surprises down the line.

We hope this guide has helped clarify the benefits and drawbacks of leasing versus buying a car. Always consider your financial situation, lifestyle, and future plans when making this important decision.

Conclusion

Whether you are looking to lease or purchase a new vehicle, World Auto Group is your trusted source to get the best deals. Leverage our years of relationships with dealers to get the best deal for you. Get a quick quote today.

In the world of automobile leasing, two primary avenues emerge: leasing through a dealership or securing a lease via a broker. The choice between the two often rests on various factors, including price, convenience, flexibility, and personal preference. Yet, an increasing number of savvy customers are opting for leasing brokers and enjoying significant benefits. Let’s delve into why.

The Broker vs. Dealership Dichotomy

If you liken car dealerships to a direct source of automobile deals, consider leasing brokers as the savvy intermediaries between dealerships and customers. Choosing a lease broker over a dealership often translates to better deals and a more customized leasing experience.

The Edge of Leasing Brokers

There are compelling reasons why leasing brokers are gaining favor among consumers.

1. Independence and Flexibility: Unlike dealerships, which are bound to specific car brands and models, leasing brokers enjoy a high degree of independence. They are not contracted to sell only particular car types, offering them the freedom to secure exceptional deals that could save customers significant sums.

2. Convenience: Leasing brokers handle all the nitty-gritty details of the leasing process. From identifying your needs to scouring the market for the best deals, brokers save you the stress and time of wading through comparison sites or negotiating with multiple dealerships.

3. Accommodating Credit Situations: Brokers can facilitate leases even for individuals with less-than-perfect credit scores – a feat often challenging to achieve with dealerships. Additionally, as broker-sourced leases are typically more affordable, they can be settled faster.

However, like all good things, there are aspects to consider before settling on a lease broker.

Considerations When Choosing a Lease Broker

1. Hidden Costs: Some brokers might charge administrative fees or other costs. While the savings from the lease deal often offset these costs, it is essential to understand the full pricing structure before committing.

2. Complete Independence: Ensure your broker is entirely independent and not financially tied to specific financiers. This independence ensures they prioritize your needs and not external pressures.

3. Instant Gratification: Unlike a dealership, you might not drive away the car immediately after the deal with a broker. You also won’t be able to test drive the car as you would at a dealership.

Essential Checks

While leasing brokers offer enticing advantages, ensure you only work with legitimate professionals.

The Final Word

Leasing brokers present an exciting alternative to traditional dealership leasing. While the trust in known brands remains, the flexibility, savings, and personalized service of brokers are driving their increased adoption. The key is in feeling comfortable with your choice and confident in the value it delivers.

Remember, whether you choose a dealership or a lease broker, the end goal is the same: to get you into the car you desire at a price you can comfortably afford.

Ready to explore the advantages of a leasing broker such as World Auto Group? Contact us today to start your journey towards a smarter leasing decision. We’re committed to finding the best deal that suits your needs and budget, ensuring a hassle-free and rewarding leasing experience. Check out some of our monthly specials as well!