September 2014 - Frank Ancona Honda blog

September 27, 2014

Frank Ancona Employee Spotlight: Jaye Powers

We are featuring various employees around our dealership! This week’s employee spotlight features Jaye Powers. Jaye is a member of Frank Ancona’s sales team.

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Where did you grow up?
I was raised in Kernersville, NC.

What do you enjoy doing outside of work?
When I’m not working, I like playing music, videogames and reading.

What is your favorite place to vacation?
I’d have to say the ranch that my in-laws own.

Who is your favorite band/singer?
Alice in Chains is definitely my favorite rock band.

What is your favorite part of working at FAH?
I love being able to say, “Congratulations on becoming a new Honda owner.”

How long have you worked for FAH?
I have been with Ancona Honda for four months now.

What Honda vehicle is your favorite?
The Fit and CR-V are my favorites right now.

What is a little know fact about yourself?
I was an M1 Abrams tank commander in the Army.

September 15, 2014

What Does It Mean To Lease A Honda?

Photo credit: greggoconnell / Foter / CC BY

Photo credit: greggoconnell / Foter / CC BY

If you like to trade cars every few years — leasing may be for you.
If you like knowing your car is under warranty — leasing may be for you.
If you don’t like to do an abundance of maintenance — leasing may be for you.

A car lease allows you to drive a new vehicle without having to pay a large sum of cash or take out a loan. Usually in order to lease a car, you make a small down payment — less than the typical 20 percent of a car’s value you’d pay to buy– followed by monthly payments for the term of the lease. Typically a lease runs for three years and 12,000 or 15,000 miles per
year.

It is important to remember that once the lease expires you do not own the car. Essentially you are renting, not buying, the car. Once the lease has ended you can buy the car, or return it a lease another one. Keep in mind that by leasing you do not have equity in the car to use toward the purchase of another vehicle.

Steps on how to lease can be found here.