It's my pleasure to welcome you to the Carc Howard Show. Our mission is to serve you and empower

you to make better financial decisions in your life. In this episode, some new warnings

for you if you have a least car or you're trying to buy a car. There are some dealers that

are dirty dealing. Most dealers on a decent but there's some dirty dealing out there. I want

you to know what dirt you got to watch out for. Also, now that we're past Thanksgiving,

it's go time for holiday shopping. I'm going to tell you how to find the best deals online.

So there's some really terrible, terrible stuff that some car dealers are doing that is

despicable. There's no enforcement going on even though they are lawbreakers. Let me

tell you the scoop. All right. So a lot of people who least cars back in 19 or 18, they're

now at the end of their leases and you don't want to turn that lease back in. Even if you

don't want to keep the car, you don't want to turn that lease back in because even though

I've been telling you that use vehicle prices after going up like a rocket or trending

down month by month by month by month, they're still greatly inflated. So the values that

were stated, what are known as residuals in auto leases three, four years ago were for

much lower than what that vehicle is now worth in the marketplace. Well, your lease says

by contract, what you have to pay to buy your vehicle out at the end of the lease. Why

you have to pay a junk fee anyway is beyond me, but there's usually a small junk fee, 150,

200 bucks, something like that. Well, with some auto leases, you just pay off whoever the

lender is who finance the lease. With other leases, you have to go back to the dealer where

you originally lease the vehicle and they process that paperwork. And I guess the junk

fee goes to them for handling the then buy out by you of the vehicle at the end of the

lease. Well, what's happening and I saw a story in the Florida Sun Sentinel, this has

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