Smart Auto Flexi Plan
What is Smart Auto Flexi Plan?
Smart Auto Flexi Plan is a new concept to easy own a car and rental program from SLG Auto Planning.
Why SLG Auto Planning?
In Foreign Investment, you can get 10% – 20% interest in the investment and a lot of procedure. But we afraid that we will get scammed by the fund manager we found.
Compare with Foreign Investment, we not only can provide less procedure, we also have our own management team, and more earning from that profits outweigh the conditions in purchasing a new car.
Pros and Cons on buying cars.
- Low Interest Rates
The continual and historic low interest rates set by the Federal Reserve has trickled down to auto loans, as well. Scottsdale Hyundai, for instance, could offer a rate as low as 1.35 percent, depending on your credit situation.
Most vehicles come with a manufacturer’s warranty that, on average, covers three years or 60,000 miles. It’s also common for vehicles to come with a 10-year, 100,000 mile power train (engine and transmission) warranty. The dealer will even offer an extended warranty beyond the manufacturer’s expiration date.
- Latest Technology
A used 1997 Mercedes Benz S-Class may be your dream car, but won’t have the navigation system, Internet access, satellite radio, or built-in MP3 player the 2013 model has. Newer vehicles (2010 and later) can also go upwards of 10,000 miles between oil changes. Some other perks of new cars include lane departure warnings, collision avoidance systems and self-parking.
Market survey that estimates a car loses 11% of its total value as soon as you drive it off the lot. By the time you’ve paid off the five-year loan, the car will be worth, on average, about 40 percent of its original value if you’ve taken good care of it – the depreciation rate is even worse with more expensive cars. Popular Mechanics pointed out a brand new 2008 Cadillac Escalade, with a $60,000 price and only 41,000 miles, selling for $32,000 a couple years later.
All dealerships and finance institutions will require you to carry full coverage on your vehicle until it’s paid in full. Insurance premiums are based on several factors, including the age of the vehicle (and driver). The newer the vehicle, the higher the premium will be, whether full coverage or liability.
- Return on Investment
Even with a modest 6 percent interest, a $20,000 new vehicle will ultimately cost $22,545 at the end of the five year loan. Factor in depreciation and you’re basically conceding that the pros outweigh the cons in purchasing a new car.
What is the different between buying a new car with cash and buying a car with SLG Auto Planning?
Buying a new car, you will face the the value loss of the car since you drive off. It also loss the value every year, and you will get nothing return.
But SLG Auto Planning is different, you can use your dividend to buy a car, not only for that, you also can get interest every year. So the conclusion is you can earn money while you owned a car. You won’t afraid about value loss of the car.