MOTOR VEHICLES
THE LEMON LAW IN ACTION!
By Tom Martino at May 9, 2018 | 11:36 am | 0 Comment
Alex bought a 2016 Ford Focus that gave him nothing but trouble! The transmission kept failing. They replaced it three times and it was in the shop for weeks at a time. He finally got disgusted enough to call my radio show. We thought this was an excellent case to invoke Colorado's Lemon Law. In essence, that law says if they can't fix it on the fourth try, it's a more...
THE TRUTH ABOUT VEHICLE EXTENDED WARRANTIES
By Tom Martino at November 13, 2017 | 9:23 am | 0 Comment
Extended warranties are a funny thing. First and foremost, they are sold to make money. So, that means, the people who came up with them are betting they won’t be such a great deal for you. There are many variables in your question. Those variables determine whether you should buy an extended warranty or not. The first big variable … is the warranty offered by more...
BIZARRE BUSINESS PRACTICE! CAN IT LAST?
By Tom Martino at October 9, 2017 | 3:02 pm | 0 Comment
The name of the business is Denver Auto Hail Repair. It was started by a teacher and some friends. He said he wanted to make better money and provide a great service, and he thought hail repair would be the ticket! He acquired a building at 601 Bryant Street in Denver and conducted a marketing campaign that worked! It attracted hundreds of people. Consumers flocked to more...
BUY OR LEASE MY CAR? WHAT’S THE DIFF?
By Tom Martino at August 23, 2017 | 9:28 am | 0 Comment
Look at buying or leasing a car like this “fruit example”. It makes the concepts easier to understand. When you buy an apple (or a car), you pay for the whole apple (or car). When you lease the apple, you agree to eat only a portion of it, let’s say half. At the end of the lease, if you have half of the apple left over (as agreed), you can turn in that half without more...
