All posts by The Cool Car Guy

It’s A Buyer’s Market For Used Jag’s

JagXTypeMany of the people that I speak with about leasing a vehicle immediately get defensive because they have heard the horror stories of people who lease the wrong vehicles. However, what most people don’t realize is how leasing the right vehicle can be a huge benefit to the consumer.

For example, look at what’s happening with Ford’s Jaguar division currently. In a recent issue of Automotive News, it was reported that Jaguar Cars of North America had to remarket 20,000 vehicles and in 2005 that number soared to 27,000. These were mostly X-Types and S-Types coming off of leases. That huge number of used cars was 89 percent of Jaguar’s total new vehicle sales in 2005.

The article went on to say that this year, Jaguar will still have to remarket about 21,000 units that are expected to be returned and Jaguar’s executive vice president of marketing is viewing that figure as “a walk in the park” compared to the previous year. In fact, Jaguar has elected to stop selling cars to Enteprise and Hertz because their aggressive lease program has hurt them so bad.

In 2001 the residual value on an X-Type was 49% and in 2006 it’s still somewhat aggressive at 40%. The people who leased a Jaguar over the last few years really made out on the deal. Think about it for a minute. These people were able to drive a new and very elegant, high-end automobile for three ears with a full warranty and have Jaguar subsidize their lease payment.

At the end of the lease they walked away without having to worry about finding a buyer or getting less money by trading in their vehicle. Now Jaguar is the one that has had to scramble to sell all of these vehicles, while the savvy consumers have dropped the keys and given the vehicles back to Jaguar knowing they are not worth what Jaguar said they would be.

JagResidual

This is the part of leasing that most people end up missing out on. If you lease the right vehicle, drive the right amount of miles and get the right residual values and lease terms; you can really capitalize on the incentives that manufacturers offer.

Why not let the automobile manufacturers that are willing to take a huge risk to move their inventory, give you the opportunity to drive one of their new vehicles at a substantial discount and give it back to them at the end of the lease term, letting them worry about finding another buyer?

It can make tremendous sense when done correctly as is illustrated in the “Jaguar battles used-car glut” article that was featured in the industry insider magazine Automotive News.

Contact me if you would like me to help you find a pre-owned Jag or if you would like to find out which manufacturers are running outrageous lease incentives you could take advantage of today.
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John Boyd

Auto Consultant – John Boyd: The Cool Car Guy

John is an auto consultant with his license at a car dealership in Denver, Colorado. He can help you save time and money on any make or model, new or used, lease or purchase – nationwide! Call or email John about your next vehicle! jboyd@coolcarguy.com or Twitter @coolcarguy

Must See VW GTI MK V Un-pimp Commercials Are Hilarious

This series of funny VW commercial creates a spoof on the MTV Show “Pimp My Ride” where the host of the show “pimps” the rides of wannabe pimp mobiles. As the MTV website puts it, the host of the show “pulls drivers off the road who are guilty of committing heinous vehicular style crimes and gives their wheels the ultimate pimp-over.”

In these commercials, a crazy German scientist and his strange assistant do an “un-pimp” makeover on vehicles that are pimped out. Each vehicle is replaced with a new VW German engineered racing machine – the new 2006 GTI MK V.

VW GTI MK VEven if you’ve never seen the MTV show you will get a kick out of these crazy commercials for the new GTI MK V. They are hilarious! See all the videos at YouTube or click on the graphic to see the first video.

If you’re interested, you can lease a new 2006 GTI at a great price through VW’s lease program! Below are the details that VW is offering on their website for the new 2006 GTI.

2006 GTI 2.0T with Manual Transmission

36-month lease

309

$2,459 due at signing
(plus license, tax, options and dealer fees) VW GTI MKV

Contact me about this or many other great lease deals available on GTI models that I can help you get through your local VW dealer. This is a great deal you should check out!

**US cars only. $309 first month’s payment, $1,250 down payment, $325 security deposit and $575 acquisition fee due at lease inception. Monthly payments total $11,124.00. Based on MSRP of $22,620 for a 2006 GTI 2.0T with manual transmission, excluding title, taxes, options and dealer charges. Closed-end lease offered to highest qualified customers by Volkswagen Credit through participating dealers. Supplies limited. Offer ends February 28, 2006. Lessee responsible for insurance. At lease end lessees responsible for $0.15/mile over 36,000 miles and for damage and excessive wear. Additional charges may apply at lease end. Purchase option at lease end for $12,893.40. Dealer sets actual prices. See your Volkswagen dealer for details.

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John Boyd

Auto Consultant – John Boyd: The Cool Car Guy

John is an auto consultant with his license at a car dealership in Denver, Colorado. He can help you save time and money on any make or model, new or used, lease or purchase – nationwide! Call or email John about your next vehicle! jboyd@coolcarguy.com or Twitter @coolcarguy

The Yellow Park Smart Mat

I spotted this cool yellow gadget over at Drivewerks and thought it looked like a pretty functional and interesting invention.

My neighbor used to hang tennis balls from the ceiling of his garage, so that he would hit the same spot in his garage when parking his cars.

I could see this as a great present for yourself, especially if you have teenagers who are starting to park your car in the garage. I’ve seen more than one garage with holes in the walls from kids missing their parking spot.

Check it out at Drivewerks. At $18.85 it’s a reasonably priced gadget for your garage.

Park Smart Parking Mat (Yellow)


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John Boyd

Auto Consultant – John Boyd: The Cool Car Guy

John is an auto consultant with his license at a car dealership in Denver, Colorado. He can help you save time and money on any make or model, new or used, lease or purchase – nationwide! Call or email John about your next vehicle! jboyd@coolcarguy.com or Twitter @coolcarguy

New VW GTI Fast Commercials Are Getting Mixed Reviews

VW Fast Girlfriend Cinderella Man dvdrip VW has released some new commercials to promote the new VW GTI that they’ve brought back into their line of vehicles.

The innovative commercials are hitting the airwaves with a new character they call “My Fast” with deep voice slogans like: “My fast has a problem with authority.” A GTI driver gets let off with a warning from a police officer. and “My fast likes to keep things light.” A GTI driver insists on keeping his ride streamlined, at any cost, even if he loses his girlfriend.

These commercials are a bit strange and probably will appeal more to men than women. I’m a VW fan having personally owned four VW Beetles and my wife Becky and I have also owned three VW Passats.

One of my favorite VW’s to drive was the old VW Scirocco that the new GTI reminds me of, but with way better technology of course. This new GTI should be a blast to drive. If you’re interested in having me arrange a test drive at my or your office, drop me an email or call me.

Check out the new commercials at YouTube

VW GTICheck out the new VW GTI Starting at $21,990

Let me know what you think, but posting a comment below. Personally, I think they are pretty cool, but I like the Unpimp videos, mentioned in another post, much better.
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John Boyd

Auto Consultant – John Boyd: The Cool Car Guy

John is an auto consultant with his license at a car dealership in Denver, Colorado. He can help you save time and money on any make or model, new or used, lease or purchase – nationwide! Call or email John about your next vehicle! jboyd@coolcarguy.com or Twitter @coolcarguy

2002 Toyota MR2 Spyder Now Available

I have a client that has just put her black 2002 Toyota MR2 for sale. Here’s a great opportunity to pick up a classic little sports car at a great price.

Review: The MR2 didn’t changed much since its rebirth after a five-year break. In 2001 Toyota added leather as a $660 option. Everything else came standard and it was loaded with power windows, door locks, AM/FM/Cassette/CD sound system, alloy wheels, tilt steering, wind deflector, glass rear windows with defroster, and a leather steering wheel.

The Spyder came in seven colors, with either black or red cloth seats, or tan leather interior. This model is black with the tan leather.

All MR2s come with the same engine as was used in the Celica GT, a 1.8-liter, 16-valve four-cylinder, with variable valve timing and electronic management technology like that in its high-end Lexus family member.

The engine’s 138 horsepower moves the 2200-pound car great. It can accelerate from 0 to 60 mph in a little less than 7 seconds. Toyota’s VVT-i engine used a variable-valve timing, but it doesn’t generate a big surge of power when it switches to the high-power cam profile. This is good in a small engine, because it means the powerband feels broader. The maximum torque of 125 foot-pounds hits at 4400 rpm, so you have to be in the correct gear to maximize performance.

At 70 mph, this little sports car will hum along at 3500 rpm, happily and with no significant vibration. Like the Mini-Cooper of today, you will want to make sure that you keep the right tires on, and at the right pressure, for the best driving experience.

The car handles great and is a blast to drive. The MR2 Spyder is a great little sports car with impressive technology in the engine, chassis and gearbox. Its acceleration is exciting because its a light weight vehicle, yet the ride is solid and admirable. It is comfortable and convenient, but its mission is not misguided by luxury. The convertible top can be lowered quickly, so you can fully enjoy the top-down driving experience, or get it up fast if the weather changes on you. And it did all this for a reasonable price.

Now you can own a car that is soon to become a classic, the Toyota MR2 Spyder with under 40,000 miles at a very reasonable sports car price.

Estimated 2002 MSRP Price : $24,500

Miles: 36,220
Transmission: 5 speed manual
Body Style: 2-Dr Convertible
Engine: 1.8L Inline 4
Drivetrain: Rear Wheel Drive

Client’s Price: CALL!

NADA Booking Sheet


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Auto Consultant – John Boyd: The Cool Car Guy

John is an auto consultant with his license at a car dealership in Denver, Colorado. He can help you save time and money on any make or model, new or used, lease or purchase – nationwide! Call or email John about your next vehicle! jboyd@coolcarguy.com or Twitter @coolcarguy