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BENEFITS OF LEASING A CAR

When it comes to picking the ideal car for your needs, knowing where to start the search always helps. Today, though, most people usually don't have the cash spare or the immaculate financial profile needed to land a loan today. To help you out of that problem, you can find all the help that you need waiting for you with a lease.

Car leasing is much more affordable, flexible and generally beneficial than buying a car outright. It removes all the stress about handling repairs and makes sure you can concentrate on being an insured, fully taxed member of the roads with a car that isn't going to fail on you or come with a nasty post-purchase surprise.

While the expense of early lease termination can be insane, a good lease - if picked right - can be a major benefit to you. to help you make the right call, then, let's take a look at the various benefits of securing a lease. Shortly, you'll start to wonder why you fretted about being vetted for a loan!

Turn It Over
The best part of any lease is the fact that when the lease ends, if you take on a new one you just hand the car over and get a replacement. No messing around with an old model that needs work and having to take huge financial hits to pay for it. You can avoid all of that - and then some - by using a lease.

The days of having your money and car value torn away from you because of the changing of time and a minor malfunction costing you hundreds in fees and weeks of time.

Less Expensive
From managing the taxation side of things to the actual up-front cash outlay - even the monthly costs and maintenance fees - having a lease car is gloriously affordable. They make it much more effective for you to get a car that you can believe in and enjoy driving, while knowing you won't be put off the road by some weird error that you cannot afford to pay for to correct.

The cost of a lease is smaller than a loan, and your car is likely to be much more affordable in the grand scheme of things.

New Models
With a lease, you get a new model when you renew your lease. This means a new car every 2-4 years, allowing you to build up a really nice collection of cars in a short space of time. Add in the fact that the lower overall price means you can lease something a bit more grandiose than you could buy, and it becomes much easier to see why people love a lease today.

If you want to get on the roads and to make your driving experience as safe as possible, a lease makes perfect sense. The lack of down payments, lower overall cost, greater selection, easier management and constant renewal will ensure you see a wholesale change in how you thought about the entirety of the driving scene once and for all!

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COMMON CAR TAX DEDUCTIONS

April 15 isn't that far away and with it comes taking stock of your available deductions. What you may not know is your car can save you money come tax-time. There are some common car-related tax deductions available. While some people fill out their tax return themselves, many go to Novato area professionals (such as an accountant) for help. Either way, be sure to gather your receipts and documents in preparation for that important meeting. Read on to learn what to discuss with your accountant or other tax professional. Business Use If you use your car exclusively for business, you can deduct car expenses, according to the IRS website. This tax deduction applies if you own your own business, are a freelancer or entrepreneur. Car deductions are for a car, van, pickup or panel truck used for business according to the IRS website. If you use your car for both business and personal purposes, you must divide your expenses based on actual mileage. Note: costs related to travel between a taxpayer's home and regular place of work are commuting expenses and are not deductible. Leasing a business vehicle. If you lease a cars for business, the entire lease payment can be deducted from the taxable income. In some cases they can combine this with individual deductions, such as operating costs. There are other less common vehicle deductions that might apply to you. If you own a rental property, you can deduct mileage driving to and from it. Driving to and from charitable or volunteer events allows for a 14 cent per mile deduction. Traffic and parking tickets do not qualify. When you are working and on company time, those are your responsibility, not your employer's. Taking a business class or workshop? You can also deduct the miles you drive to qualifying professional development classes and workshops that help you maintain or improve your job skills. The course or courses are required by your employer or law to keep your present salary. You must itemize these costs on your tax return. Check the IRS website for the correct form. Had job interviews last year? The standard mileage deduction may apply to your travel while looking for a new job. The trip must be directly related to your job search. You can't include miles driven while on a shopping trip that same day. You must itemize your deductions and claim them as a unreimbursed expense. For updated information, refer to IRS Publication 463, Travel, Entertainment, Gift, and Car Expenses. For a list of current-year and prior-year mileage rates see "Standard Mileage Rates." There's a separate table for those who lease their vehicles. If you are self-employed, you may either deduct your exact expenses or use the optional standard mileage rate to calculate deductions. BACK TO TOP NOVATO CHEVROLET

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4 ESSENTIAL TIPS FOR HOLIDAY VEHICLE PREP

1. Have a professional check your fluid levels: Although this seems as such an easy enough task, there is a safety risk if not performed properly. Our certified technicians can check your fluid levels, and the systems they control. We recommend checking Brake Fluid, Coolant Fluid, Power Steering, Transmission and Windshield Washer Fluid in addition to Motor Oil. 2. Ensure Proper Tire Care: The only think keeping your vehicle safely on the road is your tires. During the Holiday Season, the additional wear from the extra workload increase the chances of irregular and premature wear if your tires are not properly inflated you run the risk of overloading them. Be sure to have your tires, alignment, suspension and steering components all checked out to make sure they are in good condition. 3. On Schedule Oil & Filter Changes: There's nothing like a well-oiled machine to ensure safety and longevity on the road. Next to you, trust us when we say regular oil changes are your vehicles best friend. Oil changes are the least expensive form of maintenance you can do to maximize engine life and reduce repairs. 4. Check your battery, test the heater, lights and wipers: Checking your battery before it fails, will save you additional stress during the holiday season. While checking your battery, take a few minutes to test your heat. Nothing is worse than finding out your heat isn't working when it's chilly outside. In addition, check your interior and exterior lights to ensure everything is working properly. Lastly, no matter what Mother Nature throws your way, you're going to need to see the road. Test your wiper blades for signs of wear and replace if necessary. We want you to enjoy your Holiday Trips to see family and friends, without worrying about any vehicle problems that could arise. We recommend following these tips for stress free travel this Holiday Season. Enjoy your Holidays!