Lease or Buy a Car

Is It Smarter to Lease or Buy a Car?

Cars are a significant financial investment, so it’s important for you to make the most informed decision possible when looking for the right vehicle. The decision that it comes down to for many people is whether they should lease or buy a car. Here is what you need to know.

Should I Lease or Buy a Car?When to Lease

As leasing a vehicle doesn’t make as much sense financially as purchasing a car, there are just a couple of scenarios where it makes sense.

One such scenario is if you are someone who likes to drive new cars regularly. If you can’t afford to purchase a new car every year or two, leasing a car gives you the opportunity to cruise around in the newest car, truck, or SUV.

Another scenario where it makes sense to lease is if you simply don’t want to deal with the risk and maintenance of owning a car. A lot of leases include maintenance in their deals, so you don’t have to get the car fixed on your own.

When to Buy

Financially speaking, buying a car is the better choice. When you lease a vehicle, you spend a lot of money and don’t own anything at the end of the lease. When you purchase a car, you own that car, and you get some of that money back when you sell it. Just make sure that it’s a car that you can afford.

 

 

 

Chevy Takes On Fuel Economy Challenge

fuel economy challenge

You have to test yourself every once in a while. It builds confidence, pride and certainty in one’s ability. Chevrolet recently proved its ability to build efficient automobiles during the Fuel Economy Challenge. Granted, it was competing against itself, but the numbers don’t lie!

GM Authority reports that the goal of the event was “to achieve the highest-possible fuel economy in the 1.4-liter turbocharged 2014 Chevrolet Trax SUV.” So the automaker sent a bunch of Traxs along a route made up of all sorts of driving environments, such as expressways and urban streets. Drivers were composed of current Trax owners and potential owners. Before they started, Chevrolet gave them a little lecture on the ins and outs of efficient driving.

After all was said and done, the winner was Mr. Wen, who achieved a fuel economy of 45 mpg in his Trax. Of course, the real winner is you! Visit Nehls Chevrolet and check out all of the outstanding features of your next Chevrolet.

2015 Chevrolet Traverse is a “Safe” Bet

The 2015 Chevrolet Traverse is a safe SUV.
With a five-star overall vehicle safety rating from the NHTSA, the Traverse is as safe as they come.

It’s July and with the MLB All-Star game this week, baseball season is in full swing. If you want to make sure you are “safe at home,” come down and check out the new 2015 Chevrolet Traverse.

The Traverse recently received the top five-star overall vehicle safety rating from the National Highway Traffic Safety Administration. The Traverse received five stars in the front and side impact tests and four stars in the rollover test.

The Traverse comes with a multitude of standard safety features, including electronic stability control, antilock brakes, rearview camera and a tire pressure-monitoring system. The LTZ model includes a forward collision alert system as well as a lane-departure warning system.

The 2015 Traverse also features Siri Eyes Free, which allows for the driver to operate any Apple mobile device running iOS 7.1 or later hands-free via as part of the Apple CarPlay system.

All of these features make the Traverse one of the safest crossovers on the road. Stop by at the dealership and hit a “home run” with the 2015 Chevrolet Traverse today.

2015 Chevrolet Silverado Improves Under New SAE J2807 Towing Standards

The 2015 Silverado has seen much improvements under the new J2807 towing standards.
The 2014 Chevy Silverado towed 300-500 pounds less than the 2015.

Towing capacity is to pickup truck what fuel economy is to hybrids and driving range is to electric vehicles. In the automotive world, most types of vehicles are intended for a specific purpose and will have an important factor that determines how well that vehicle accomplishes that purpose.

However, unlike hybrids and electric cars, pickup trucks do not have a standard method of determining how much weight a vehicle can actually tow. The problem was that previous methods of tow rating did not take into account different parts, options and passenger weight that negatively affects the total weight a truck can tow otherwise known as a truck’s Gross Combine Weight Rating (GCWR).

In a successful attempt to solve this problem, the Society of Automotive Engineers (SAE) created the J2807 standards. This is a unified system that requires automakers to test vehicles equipped with any options that normally have a 33 percent take-rate, 70 pounds of aftermarket hitch equipments and a driver and a passenger with a combined weight of 300 pounds.

Under this new standard, the 2014 Chevrolet Silverado and GMC Sierra base models dropped 300-500 pounds of towing capacity, while The V-6 regular cab trucks with four-wheel drive kept the same rating of 7,600 pounds as did certain versions of trucks equipped with the 6.2-liter V-8 and Max Trailering Package, which maintained the top rating of 12,000 pounds.

However, the 2015 Silverado and Sierra base models actually increased towing capacity under the J2807 standards with the four-wheel-drive V-6 models improving by 400 pounds for the Crew Cab and 500 pounds for the Double Cab, a pretty successful jump for Sierra and GMC.

Those of us at Nehls Chevrolet look forward to how the J2807 towing standards will improve the rating system and overviews of current and future pickup trucks.

Car and Driver Puts Chevy Volt Aerodynamics to the Test

Car and Driver put Volt aerodynamics to the test.
The Chevy Volt is the most aerodynamic all-electric car.

Aerodynamics is one of the most important features to consider when it comes to fuel economy. To have a fuel-efficient car, it needs to be able to cut through the air with ease, so Car and Driver decided to take five vehicles—the Chevrolet Volt, Mercedes-Benz CLA 250, Nissan Leaf, Tesla Model S P85, and the Toyota Prius—and measure their aerodynamic drag.

While the Volt has the third largest drag area, which is the size of the front multiplied by the drag coefficient, it still managed to be one of the two cars that lived up to its official drag coefficient number, the other being the Model S. Though the Model S was named the most aerodynamic choice of the batch, the Volt proved that it was the most aerodynamic all-electric car with a final drag coefficient of 0.28.

To check out just how streamlined Volt aerodynamics are, make sure you stop by Nehls Chevrolet today!

General Motors Hints at Changes for Eighth-Generation Corvette

General Motors teases big changes with eighth-generation Corvette.
The 2014 Corvette Stingray

 

We’re still basking in the glow of the seventh-generation Corvette redesigned for the 2014 model year, but is General Motors already admitting to an eighth-gen ‘Vette in the works? Not only has the automaker ‘fessed up. GM is hinting that big changes are on the way.

Before you get too upset thinking the beloved 2014 Corvette Stingray is going away any time soon, let us put your anxiety to rest. Based on production history, we at Nehls Chevrolet expect the current model to stick around for about seven more years at least.

Whenever the next all-new model comes, we’re interested to know what changes we can expect to see. We think the key is in what GM Global Product Chief Mark Reuss declined to say.

While he freely admitted to reporters that a next-generation Corvette was already being conceived, he remained mum on whether it could come equipped with a hybrid or even an electric powertrain.

Thanks to recent developments, hybrid and electric vehicle technology no longer automatically equates to reduced power. GM still has several years to continue advancing the technology.

With such an iconic car, GM’s engineers certainly have their work cut out for them as they craft the next Corvette. However, as much as we love the redesigned 2014 Stingray, we have full confidence they will find a way to make the eighth-generation Corvette a more efficient model with even better performance, but still classically Corvette.

Stop/Start Technology Standard in 2015 Impala

Chevrolet's stop/start technology shuts down the engine in certain driving conditions to reduce fuel consumption.
The Chevy Impala has been heading in the right direction for years, and now it has reached a new road.

 

Getting great fuel economy is about to become a whole lot easier for future Chevy Impala owners. The American carmaker recently announced that stop/start technology will come standard on the 2015 Impala base 2.5-liter ECOTEC engine, allowing the vehicle to better its fuel economy by nearly 5%.

With stop/start technology, the engine shuts down in certain driving conditions to reduce fuel consumption. Combined with the Impala’s standard four-cylinder engine, customers will have higher mpg city ratings at 22 mpg without having a higher price tag. The EPA estimates that the stop/start will help the Impala achieve a 25-mpg combined, which is one mpg more than last year’s model.

This new standard feature makes the 2015 Impala the second vehicle in Chevrolet’s lineup to feature stop/start technology, following the 2014 Malibu, which was introduced last year. The 2015 Impala will arrive on dealer lots this summer with a MSRP of $27,735 for the base model with stop/start technology. To see this technology yourself, make sure you stop by Nehls Chevrolet for a test drive when the sedan arrives!

GM Fuel Cell Vehicles Reach 3 Million Mile Fleet Milestone

GM passes a major fleet milestone.
The Chevrolet Equinox makes up most of GM’s fleet of fuel cell cars.

General Motors’ fleet of fuel cell vehicles have taken one giant leap forward in the world of green cars after passing the 3 million miles of hydrogen-power real-world driving. This fleet milestone has helped GM avoid using 157,894 gallons of gasoline consumption by using only hydrogen to power these vehicles.

The fleet is exclusively made up of Chevrolet Equinox Fuel Cell vehicles, which are part of the American carmaker’s 119-vehicle Project Driveway campaign, which was created in 2007. Over the course of the last seven years, more than 5,000 drivers have provided GM with feedback on the practicality and performance of fuel cell technology.

“Hydrogen fuel cell technology is an important part of GM’s advanced propulsion portfolio and we continue to make substantial progress in furthering this technology,” said Charlie Freese, executive director of GM’s global fuel cell engineering activities. “These vehicles have operated through seven full winters and a wide range of environmental conditions, proving that fuel cells can meet the demands of real-world drivers.”

Currently, GM is the leader in fuel cell technology, which is shown in two different fuel cell-related collaborations. GM and Honda are working together to produce next-generation fuel cell and hydrogen storage systems, while also looking to advance refueling infrastructure. Along with this partnership, GM has also opened a new Fuel Cell Development Laboratory in Pontiac, Michigan to test the fuel cell technology.

Chevy’s “Ergo Chair” Simplifies Installation of Traverse Back Seat

The "Ergo Chair" makes one hard job easy.
The back seat of a Traverse is so comfortable that it alone sells the Traverse.

The Chevrolet Traverse was named one of the 12 Best Family Cars of 2014 by Kelley Blue Book—and it comes as no surprise to us here at Nehls Chevrolet. Usually, all it takes is one look into the Traverse’s cavernous and comfortable back seat, and customers are sold. Or in love. Whichever metaphor you prefer. Here’s the point: with separate infotainment and safety systems as well as special lights, climate control, and even coat hooks, the Traverse has one luxurious back seat.

When you’re trying to install such a complicated backseat on a crowded assembly line, you’re going to be facing some challenges. But Chevy devised a genius solution to all these challenges—the “Ergo Chair.” The “Ergo Chair” is a special chair that allows assembly workers to simply sit down and be carried to every position necessary to install complicated parts like those in the Traverse’s backseat.

“Our goal was to get the operator in and out of the vehicle in the safest and most ergonomic fashion to allow them to do the high amount of overhead and rear work required,” said Dave Bentoski, the lead designer of the Ergo Chair design team. Plus, the back seat they end up installing is just as ergonomic and safe as the Ergo Chair itself.

Chevrolet Trax Offers SUV Features in Small Package

The Chevrolet Trax has already been launched in 60 other countries.
It may be small, but the Chevrolet Trax promises to deliver SUV abilities (Photo Courtesy of M 93).

Sometimes the best things really do come in small packages. At least, that’s the case with the all-new 2015 Chevrolet Trax. With the demand for a small vehicle with SUV capabilities growing, Chevrolet will be introducing the small Trax to both the U.S. and China, the brand’s largest markets.

“The Trax truly rounds out Chevrolet’s already very strong small car portfolio,” said Alan Batey, General Motors senior vice president, Global Chevrolet. “Demand for a vehicle with huge capability in a small footprint is on the rise, and the Trax is a perfect fit that offers the latest technology and a bold design with versatility to match.”

Since the Trax was launched in 60 other countries, the small-SUV has sold over 90,000 units, combining style, fuel efficiency, and flexibility to appeal to consumers. Currently, Chevrolet’s small car lineup has seven other models, including the popular Spark, Sonic, and Cruze. Inside the small-SUV, both the second-row and passenger seats fold flat, offering a large amount of cargo that can hold items that are up to eight feet long.

The Chevrolet Trax is set to arrive on dealer lots across the U.S. in 2015. Until then, maybe Nehls Chevrolet can offer you another option from Chevy’s small car lineup?