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Finance

5 Questions to Ask When You Buy a Luxury Car

When planning to buy a luxury car, it pays to prepare. Because this will be a big investment, you should have as much information as you need to make the most informed buying decision. These are the questions to ask to help ensure you get the right car at the right price. What are My Must-Haves? You should start by thinking about the things you need your car to have. This could include ample room for passengers, advanced tech components, or the latest safety systems. If performance is important to you, consider things like power and handling. The more detailed you are, the easier it will be to narrow down your options. What are My Nice-to-Haves? Now, think about the features that you don’t necessarily need but would be nice to have. Perhaps this includes heating and ventilated seats, wireless device charging, or a hands-free power liftgate. If they’re not standard, you may be able to upgrade to get these amenities and any others you’re thinking about. What’s My Budget? Once you know what you want your car to come with, you can start thinking about your budget. If you’re financing, you should begin by considering how much you can supply for a down payment. A trade-in vehicle can help with this. Then figure out how much you want to pay every month. How Do I Start the Financing Process? When you’re ready, you can get the financing process going very easily. Lyon-Waugh Auto Group makes it simple, as we have an online form that will get you pre-approved for a loan. Once submitted, one of our financing professionals will contact you. Can I Buy a Luxury Car with Lyon-Waugh Auto Group? Absolutely! If you have any further questions about buying a luxury car, contact the friendly professionals at Lyon-Waugh Auto Group. We’re ready to get you behind the wheel, so schedule a test drive today!

GLC SUV

What to Look for When Shopping Certified Pre-Owned Luxury Cars

When you’re in the market for a luxury car, it’s very important to conduct thorough research. This is perhaps especially true when perusing Certified Pre-Owned luxury cars. This guide goes over the things to keep in mind when looking for the right vehicle. Trust the experts at Lyon-Waugh Auto Group for all your CPO needs. Mileage To get the Certified Pre-Owned (CPO) designation, vehicles can’t have more than a certain number of miles on their odometers. However, this can vary significantly. Be sure to check the mileage, but don’t get hung up too much on it. The average driver puts around 14,000 miles on his or her car every year, so doing the calculations can help you figure out if a car has perhaps been driven too much. Condition While you should take a close look at any vehicle you’re interested, in both inside and out, you don’t have to worry as much about the condition of a CPO vehicle. This is because they have to pass rigorous inspections which are performed by certified technicians. And if anything needs to be fixed or reconditioned, only genuine parts will be used. Road Test CPO cars also have to pass a road test, but you should still take it out for a ride. This will enable you to get a feel for its power, braking, and handling. Experiencing how a car performs will let you see what it will be like to drive every day. Find Your Certified Pre-Owned Luxury Car with Lyon-Waugh Auto Group Lyon-Waugh Auto Group always has a big selection of CPO luxury cars to pick from. Visit one of our dealerships in and around Peabody to find just the right model for you.

Cadillac Escalade

7 Luxury Car Lease Terms to Familiarize Yourself with

If you’re thinking about a luxury car lease, you may already be picturing yourself driving a fantastic new model. But, before you can get to that point, all the financial aspects need to be worked out. Understanding these terms can help you make good decisions. Lease Term The term is the length of the lease, which generally lasts between 24 and 60 months. Capitalized (Cap) Cost The cap cost is the total cost of the lease including interest. Capitalized Cost Reduction The cap cost reduction includes anything that reduces this, such as a trade-in vehicle. Money Factor The money factor is the interest you will pay. This is represented as a number that may look like this: 0.0020. Multiplying that by 2,400 will help you determine what you will need to pay. In this instance, the rate is 4.8 percent. Depreciation and Residual Depreciation is the drop in the value of your car, which has a big impact on the residual. This is what the vehicle is worth at the end of the lease, and this is important if you want to buy it. Gap Insurance Because a leased car is still owned by the dealership, they will want to ensure it’s protected in the event of an accident. This is why your lease agreement will include Gap Insurance, which offers coverage if there’s a total loss. Get All of Your Leasing Questions Answered at Lyon-Waugh Auto Group If you have questions about leasing or the lease process, get in touch with Lyon-Waugh Auto Group. You can also visit one of our dealerships in the Boston area to speak to a leasing professional. Schedule an appointment today!

Car on winter road

How to Prepare Your Luxury Car for Winter

Winter weather is wonderful – if you don’t need to go anywhere. If just sitting at home with a steaming cup of hot chocolate watching the snow fall isn’t an option for you, this luxury car service guide from the Lyon-Waugh Auto Group will help ensure that your vehicle is ready for whatever may be on the way. Consider Winter Tires Even if your tires are in good condition, you may still want to think about having a winter set put on. These tires have very deep treads and are specifically designed to offer better traction when dealing with snow and ice. Have Your Battery Tested You don’t want to try to start your car on a frigid morning only to discover that your battery has conked out. This is why you should have it tested to find out how much power is left. If it’s getting on the low side, you can have it replaced. Check Your Heater Even if you have a short commute, if your heater isn’t working, it will feel pretty long. If it takes more than a few minutes to have hot air coming out – or perhaps the air never gets very warm – something is certainly amiss. Replace Your Windshield Wipers With snow, sleet, and freezing rain, your wipers need to be able to handle all sorts of nasty precipitation. If they can’t, this will limit your visibility, which puts you in a dangerous situation. If your wipers are old or the rubber is frayed, consider having them replaced. Schedule Winter Service with Lyon-Waugh Auto Group The service center at Lyon-Waugh Auto Group will help ensure that your car is ready for harsh winter weather. Get in touch with us to schedule an appointment.

Inspection

How Long Does a Car Inspection Take?

How do you know that your car is in great condition? The best way is to have it inspected by professionals on a regular basis. If your vehicle is due to be looked at, you may be asking: “ how long does a car inspection take?” This guide goes over what the process entails to keep you prepared. The Elements of a Car Inspection There are four main elements of a vehicle inspection: Fluid Check Because fluids can run low, they all need to be checked. A variety of systems rely on fluids, such as: Brakes Power steering Transmission Master cylinder Heating/cooling system Windshield wipers Any fluids getting low can be topped off. Certain fluids — such as the oil and transmission fluid — can also be changed if they are thick and dirty. Tire Examination Your tires will get a visual examination to make sure that they are in good condition and that the treads are at a safe level. The tire pressure will also be checked to see if it is at the right level. If necessary, you can have your tires rotated as well. Brake Inspection Your braking system will be looked at closely to determine how everything is working. This includes the brake pads, shoes, and rotors. Battery Test Your car’s battery will be tested to determine how much charge it has. Technicians will also look for corrosion, a swelling case, or other signs of trouble. Schedule Your Car Inspection with Lyon-Waugh Auto Group If all these areas look good, your vehicle inspection probably won’t take more than an hour. If, however, some replacements are necessary, it may be a little while longer. If you would like to have your car inspected, get in touch with Lyon Waugh Auto Group to set up an appointment.

Inspection

How Long Does a Car Inspection Take?

How do you know that your car is in great condition? The best way is to have it inspected by professionals on a regular basis. If your vehicle is due to be looked at, you may be asking: “ how long does a car inspection take?” This guide goes over what the process entails to keep you prepared. The Elements of a Car Inspection There are four main elements of a vehicle inspection: Fluid Check Because fluids can run low, they all need to be checked. A variety of systems rely on fluids, such as: Brakes Power steering Transmission Master cylinder Heating/cooling system Windshield wipers Any fluids getting low can be topped off. Certain fluids — such as the oil and transmission fluid — can also be changed if they are thick and dirty. Tire Examination Your tires will get a visual examination to make sure that they are in good condition and that the treads are at a safe level. The tire pressure will also be checked to see if it is at the right level. If necessary, you can have your tires rotated as well. Brake Inspection Your braking system will be looked at closely to determine how everything is working. This includes the brake pads, shoes, and rotors. Battery Test Your car’s battery will be tested to determine how much charge it has. Technicians will also look for corrosion, a swelling case, or other signs of trouble. Schedule Your Car Inspection with Lyon-Waugh Auto Group If all these areas look good, your vehicle inspection probably won’t take more than an hour. If, however, some replacements are necessary, it may be a little while longer. If you would like to have your car inspected, get in touch with Lyon Waugh Auto Group to set up an appointment.

Finance

Luxury Car Financing for Beginners

Are you shopping for a luxury car and planning to finance the purchase? Whether this is the first car you’re buying or just the first time with luxury car financing, this guide will help you understand what this involves. The Basics of Financing With financing, you put up some money right away for the down payment and the rest you will borrow. The recommendation is to supply 20 percent of the sale price. Using an older vehicle as a trade-in can help with the down payment. Then you will pay off the loan — as well as the interest — over time every month. Car Loan Length The length of car loans, also known as the loan term, can vary pretty significantly. They can be as short as a year or perhaps as long as seven years. It will be up to you to decide on your loan term. Somewhere in the middle is probably your best bet, as this can result in reasonable monthly payments without having too much interest accrue. Cutting Financing Costs There are things you can do to reduce your financing expenses. Choosing a cheaper new model or a pre-owned or Certified Pre-Owned vehicle can help you save quite a bit. If you can swing it, you could also put up a larger down payment so you won’t have to borrow as much money. Going with a shorter loan term – while it will raise your monthly payment – will end up saving you a lot in interest. Starting the Financing Process in Peabody If you’re ready to get the financing process started, Lyon-Waugh Auto Group in Peabody aims to make it easy. Contact us and we will help you get pre-approved and behind the wheel in no time!

GLC SUV

Luxury Car Maintenance Schedule

No matter which luxury vehicle you drive, you of course want to keep it in fantastic condition. Fortunately doing this isn’t difficult. The most important thing is to know what luxury car maintenance entails and when to get it. This guide offers great insight. Oil Changes There’s a reason why oil changes are considered the most vital car service. For an engine to function properly, motor oil needs to flow through it. But not just any oil — it has to be clean. Over time, oil gets dirty, and it also gets thicker. When this happens, an engine won’t be able to perform as well. Another bad side effect is that this hurts fuel economy. You should make a point to have your oil changed about every six months. Tire Rotations To get the best performance from your tires, they need to be rotated regularly so the treads can wear down evenly. Doing this will also give them a much longer lifespan. If you don’t rotate your tires, they may last about 20,000 miles. With rotations, they can last as long as 50,000 miles. You should get this service task done twice per year. Battery Tests A brand-new battery doesn’t typically have a very long life. At most, it will probably last around five years. To gauge how much power your car’s battery has remaining, it should be tested yearly. Once the charge starts getting low, you will then be able to replace it. Brake Inspections For the sake of your safety, the braking system in your vehicle has to be in very good condition. This is something that should be closely looked at on an annual basis. Things like pads, shoes, and rotors eventually wear out, and an inspection will let you know if you need to make any replacements. If your car is due for service, it will be in the best hands at Lyon-Waugh Auto Group. Contact us to make an appointment at one of our service centers in the Nashua area.

Brake service

Brake Service 101

How many times have your brakes prevented a near calamity? Whether it was somebody changing lanes without looking or a careless pedestrian, your braking system has probably saved you (and others) from disaster countless times. This is why regular brake service is so vital, as this ensures that they are in good condition and doing what they need to do to keep you safe. Here are some important things to consider about your brakes. Getting Your Brakes Inspected Brake inspections should be part of the regular service you get for your vehicle. Ideally, the entire system should be examined every year so you can feel confident that everything is working properly. Brake System Replacements The good news with brakes is that they generally stay in fine shape for a while. Eventually, however, things will need to be replaced. The pads typically last until about 20,000 miles. The shoes can usually go to around 30,000 or so. Rotors have a lifespan of about 50,000 miles. Signs of Brake Trouble In between brake inspections, it’s important to pay attention to your system. If you notice any of these things, something is wrong: Squeaking or Squealing: If you hear a high-pitched noise while applying the brakes, chances are good that this is the built-in warning telling you that a brake pad is getting thin. Grinding: A grinding sound is a lot more troubling, as this could be an indication that the pad has completely worn through and that now the caliber and rotor are rubbing together. Spongey Pedal: If the brake pedal is suddenly very soft and you have to press it hard to engage the brakes, this could be related to a leak in the brake line. You never want to take a chance with your brakes. If you’ve noticed anything wrong with them, schedule an appointment with the service center at Lyon-Waugh Auto Group.

Porsche Cayenne

How to Lease a Luxury Car

If you’ve never leased a vehicle before, you might think that it is a complicated process. The truth is that it may be a lot simpler than you realize. If you’re ready to lease a luxury car, this guide goes over the steps to take. Choose Your Vehicle The first step in the leasing process is to pick out the car you want. The dealerships in the Lyon-Waugh Auto Group family always have a big selection of luxury models to pick from, including those from Acura, BMW, and Mercedes-Benz. Plus, we offer a variety of quality pre-owned and Certified Pre-Owned vehicles. Pick Your Lease Term Your next consideration is how long you want to lease your car for. You could go as short as a year or perhaps as long as five years. Most people lease a car for three or four years. It’s important to note that the shorter the lease, the higher your monthly payments will be. Consider Using a Trade-In Vehicle If you’re looking for ways to cut costs with your lease, you should consider trading in your current vehicle. While leasing doesn’t require a down payment, you will need to put up some initial fees, and the value of your trade-in could take care of those. They also may be able to reduce how much you will need to pay every month. Lyon-Waugh Auto Group Makes the Leasing Process Easy If you have any questions about leasing a luxury vehicle, get in touch with the Lyon-Waugh Auto Group in Peabody, MA. We can show you what’s in stock and help you pick out the right car with the right lease terms. Visit us today!

Parts

What is the Importance of Using OEM Car Parts?

When it comes to car care, you have a lot of choices. One that you don’t want to take lightly concerns the parts in your vehicle. There are two basic types: original equipment manufacturer (OEM) and aftermarket. This guide goes over OEM car parts and aftermarket components so you can see why one is superior to the other. OEM Parts As the name implies, OEM parts come right from the carmaker. They are designed and built by automotive experts. They are also meant specifically for your car’s make, model, and trim so they offer a precise fit and the best performance. OEM components are comprised of high-quality materials, and they have excellent durability and longevity. These parts also come with warranty coverage. Aftermarket Parts Aftermarket parts come from third-party parts companies. They are mass-produced and intended to be used in a variety of different types of vehicles. They are also generally cheaper, as they are made with lower-quality materials compared to OEM parts. As such, they tend to wear out faster. Most aftermarket parts don’t come with any sort of warranty, but if they do, it is generally very limited. Choose Only Genuine OEM Auto Parts Eventually, some of the parts in your car will wear out and need to be replaced. When this happens, it’s important to pick your replacements wisely. At Lyon-Waugh Auto Group, we only use OEM components. Whether you need to order something from our parts department or have something installed in our service center, you can be sure that you will get quality parts you’ll be able to count on.

Trade

When You Should and Shouldn’t Trade in Your Pre-Owned Car

Shoppers looking to replace their pre-owned cars have a big decision on their hands. Should they sell their old vehicle? Trade it in? Or maybe just keep it? This guide can help them figure out the best course of action. Sell It While it’s true that in many cases selling a car will get you the most money, this can also be a hassle. You have to advertise your vehicle and hope you can find a buyer willing to give you what you’re asking. Selling can also be a nuisance because when you do sell it, immediately you won’t have a car, which could be tricky, even for getting down to a dealership. Trade It In The best part of trading in a vehicle is that the entire process can be done at the dealership. They’ll let you know what they will offer you and then you can immediately pick out your replacement. Plus, right now, pre-owned car values are still high, which means that what a dealership offers could be very comparable to what you could get from a private sale. Keep It It could make the most sense not to sell or trade in your car. If you only have the one vehicle and there are multiple drivers in your household, the smartest move may be to hang on to it for a while. Not sure what you should do with your cold car? Lyon-Waugh Auto Group can help you make the best decision. In addition to offering top dollar for your trade-in, we have a big selection of new, pre-owned, and Certified Pre-Owned models that could be the perfect replacement.

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