This week we talk about the Jets… not for long, then batteries (Elon-style) before we settle in on more ways to save.
We talk about saving on your insurance with Matt Watson, your mortgage with Ryan Steckelberg, and around the house and on your car with Steve and Felecia Rozansky.
Don’t miss it.
- September 22nd is Battery Day, so check your batteries!
- Check the insurance rates before you buy a used car.
- Considering home renovations? Check your loan and your insurance.
In this episode of Drive Friendly with Steve and Felecia Rozansky, they have invited guests Matt Watson to talk about insurance and Ryan Steckelberg with mortgage. They chat a little about the Jets, battery day & the million mile battery, and anything about automotive and real estate. Enjoy this episode!
September 22 Is Battery Day!
If you know anything about electric vehicles and heard of Tesla, September 22 is battery day. Elon Musk will introduce a million mile battery which means that the battery can be charged and worked for up to a million miles and it would never have to be replaced.
Lately, there’s a giant surge of batteries especially those on warranty, batteries that were installed two or three years ago. The heat is what kills the batteries. In the winter, you need that power to overcome the thick oil and the cold coolant. That’s when the symptoms show.
What to Consider When Looking For a Battery?
Reserve capacity is an important thing to look for in a battery. It shows how long you can keep something on before you’ll have to jumpstart it. When you look for a battery, look for a higher reserve capacity.
If it says 60, you have 60 minutes of leaving the key on or a low amperage draw like a radio before the battery will go dead.
Cold cranking amps is an indication of the battery strength. The stronger the battery and the higher reserve capacity, the longer that battery will last. But those batteries do cost more money. The average life out of battery here is two and a half to three years.
Why Taking the Batteries Out of the Car for a Long Period is a Bad Idea
Taking the batteries out of the car for a long period upsets a lot of memory, drivability, memories, radio etc.
Buy a trickle charger for around $15 on Amazon. It’s an automatic charger. It charges very low amperage about one to two amps. It has little clips and you can plug it right onto the battery, leave it under the hood, run by extension cord. It doesn’t charge the battery all the time. It only charges it when it’s goes below a certain voltage and it’s a battery maintainer
What Friendly Auto Centers Provide
Lifetime warranty on repairs. You can go to any repair shop that’s in the network. Or if you can’t find one on the network, you can go out of network. For repairs, towing, road-side assistance, jumpstarts are covered. If it requires an overnight stay, your hotel bill gets taken care of too.
Friendly Auto Center has a new transmission division, which is the only place that offers a four year 100,000 mile warranty, coast to coast.
What to Look For Before Getting a Used Car?
Look for the VIN number. It will give you a rough estimate of the vehicle’s price. The older the car, typically, the collision and comprehensive portion might be a little bit lower. The majority of what you pay for with your vehicle is liability or lawsuit protection.
Difference between Collision and Comprehensive Auto Insurance
Comprehensive car insurance pays for damage to your vehicle caused by covered events such as theft, vandalism or hail, which are not collision-related. Collision Insurance covers damage to your vehicle in the event of a covered accident involving a collision with another vehicle.
Doing Upgrades on Your Homes
If you are thinking about doing any upgrade, give your insurance agents a call and have a conversation with them. If something major catastrophe happens in your house, your insurance company covers all the bills. They need to reassess your lawsuit protection and your liability.
Real Estate and Loans
If you are going for a loan, go to a lender. Lenders take a look at your credit score whether you pursue an FHA loan, conventional loan, or VA Loan.
There are three types of loans:
- FHA Loan is a good choice if you’re worried about coming up with a down payment and/or have a lower credit score.
- Conventional Loan they’re insured by private lenders. You need to have a higher credit score, lower debt-to-income (DTI) ratio and down payment to qualify.
- VA Loan
VA Home Loans are provided by private lenders to servicemembers, Veterans, and eligible surviving spouses become homeowners. It’s 100% financing. In some cases, you can get a loan while you still have a loan.
So many rules have changed in real estate – eligibility rules, the amount of money you can borrow, interest rates, etc.
Real estate is not slowing down despite the pandemic!