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Knowledge_Center

Knowledge Center

The UAW Strike and Your Car: 4 Things to Know Now

If you haven’t heard, the United Auto Workers (UAW) union went on strike September 15. To read more about the strike, check out this page or just Google “UAW strike” – there’s a lot about it out there. Here, we’ll stick to what we do best and cover how this affects the car market and, most importantly, how it could affect you.

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Can I Repair a Leased Vehicle by Myself?

So, your leased car is damaged. Most lease contracts include coverage for approved, predictable maintenance, but usually won’t cover damage from accidents (like, say, a mailbox that appeared out of thin air). If you’d rather avoid disclosing the damage, or just like to work on your own cars, you might be wondering can I repair a leased vehicle myself?

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4 Things to Know About Equity and Your Leased Car

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Read time: 8 minutes 

Leasing a car comes with its own set of financial considerations, one of which is equity.

In short, car lease equity is the difference between the vehicle's current market value and the remaining lease balance.

Understanding how equity works can help you make informed decisions about your leased vehicle, so we’ll go over, in detail, what exactly equity is and how it’s calculated.

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