Year end deals will be here after year end PLUS, why are so many engines failing?...the answer is "swarf"
About this episode
Year-end car deals are approaching, but rushing to buy may not yield the best savings. Lenny Lawson emphasizes the importance of understanding financing options and calculating costs effectively. He also shares personal experiences with tire wear and the significance of regular maintenance checks. The episode delves into the alarming trend of engine failures across major automakers, attributed to 'swarf'—tiny metal particles from manufacturing imperfections. This issue, exacerbated by the push for cleaner, more efficient engines, is leading to costly recalls and repairs for brands like Toyota, Hyundai, and Honda.
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year-end car deal
"Well, we are running out of year and you are running out of time for a year-end car deal. But do me a favor, please, please do not go out and buy a car in a hurry thinking that you are going to save a tremendous amount of money by buying it before the year-end..."
Year-end car deals are sales events that happen at the end of the year where you can find lower prices on cars. Dealers want to sell their remaining cars before new models come in, so they offer special deals to attract buyers.
A year-end car deal refers to promotions and discounts offered by dealerships towards the end of the calendar year, aimed at clearing out inventory before the new models arrive. These deals can include reduced prices, special financing rates, and other incentives to encourage buyers to purchase a vehicle before the year ends.
Nissan
"...there is going to be some special rate financing on certain vehicles. I know on Nissan right now we have a 0% for 60 months which is very attractive..."
Nissan is a car company from Japan that makes many types of vehicles, including cars and trucks. They are known for their affordable models and have been a popular choice for many drivers.
Nissan is a Japanese automotive manufacturer known for producing a wide range of vehicles, from compact cars to SUVs and trucks. The brand is recognized for its innovation in electric vehicles, particularly with the Nissan Leaf, and has a strong presence in various global markets.
0% financing
"...I know on Nissan right now we have a 0% for 60 months which is very attractive but you..."
0% financing means you can borrow money to buy a car without having to pay any extra interest. This makes the car cheaper in the long run because you only pay the price of the car without added costs.
0% financing refers to a promotional offer by car dealerships where buyers can finance their vehicle purchase without paying any interest for a specified period. This can significantly lower the overall cost of the vehicle by eliminating interest payments, making it an attractive option for buyers.
amortization schedule
"...or let the amortization schedule do it for you. Okay, what else are we talking today?"
An amortization schedule is like a plan that shows how much you pay on a loan each month. It breaks down how much goes towards paying off the loan and how much goes towards interest.
An amortization schedule is a table that outlines each periodic payment on a loan over time, showing the amount of principal and interest paid with each payment. It helps borrowers understand how their loan balance decreases over time.
tire rotation
"...because I rotate my tires every 5,000 miles and I've got 15,000, well almost 16,000 miles on now. I looked at the edges of my rear tires."
Tire rotation means changing the position of your tires on your car so they wear evenly. This helps the tires last longer and keeps your car safe to drive.
Tire rotation is the practice of moving tires from one position on a vehicle to another to ensure even tire wear. This is important for maintaining traction and extending the life of the tires.
tire pressure
"Well I hate to admit this but apparently my pressures were down. I checked my air pressure, 6 pounds less than they should be."
Tire pressure is how much air is in your car's tires. If the pressure is too low, it can make driving unsafe and can hurt your car's fuel economy.
Tire pressure refers to the amount of air inside a tire, measured in pounds per square inch (PSI). Maintaining the correct tire pressure is crucial for vehicle safety, handling, and fuel efficiency.
oil change
"Well I'll take that back because I'm just about due for an oil change. See your tires can lose about, well it depends on the tire size and tire brands and so forth"
An oil change is when you replace the old oil in your car's engine with new oil. This helps keep the engine running smoothly and prevents damage.
An oil change is the process of replacing the old oil in a vehicle's engine with new oil. This is essential for maintaining engine health and performance, as oil lubricates engine components and helps remove contaminants.
alignment
"So just in case though I wanted to check my alignment. Now, no, thank you."
Alignment is about making sure your car's wheels are pointing in the right direction. Good alignment helps your car drive straight and can make your tires last longer.
Alignment refers to the adjustment of a vehicle's suspension system to ensure that the wheels are set to the correct angles. Proper alignment improves handling, tire wear, and overall vehicle performance.
Hunter
"I bought a Hunter computer alignment system, a new lift and a laser scanner that when you drive into my service drive there's 48 different laser beams that are hitting your front tires..."
Hunter makes tools that help mechanics check if a car's wheels are aligned correctly. This is important for safe driving and tire wear.
Hunter is a well-known manufacturer of automotive service equipment, particularly for wheel alignment and balancing systems. Their products are widely used in professional automotive shops to ensure precise vehicle alignment and handling.
laser scanner
"I bought a Hunter computer alignment system, a new lift and a laser scanner that when you drive into my service drive there's 48 different laser beams that are hitting your front tires..."
This device uses lasers to check if a car's wheels are lined up properly. It helps mechanics know if they need to fix anything to keep the car safe to drive.
A laser scanner in automotive service is used to accurately measure the alignment of a vehicle's wheels. It uses laser beams to detect any misalignment, which can affect driving safety and tire wear.
Hankook
"...I think it's got hand-cook tires on it and I've never really liked that. I just don't like if somebody says what kind of tires you have, I don't like saying the word hand-cook..."
Hankook makes tires for cars and trucks. They're known for being good quality and often come at a reasonable price.
Hankook is a South Korean tire manufacturer known for producing a wide range of tires for passenger cars, trucks, and motorsports. They are often recognized for their performance and value in the tire market.
Michelin
"...if I replace them, I told you what I'm replacing them with, Michelin, my favorites."
Michelin is a famous tire brand that makes high-quality tires for cars. Many people trust them for their durability and performance.
Michelin is a French tire manufacturer that is one of the largest in the world. They are well-known for their high-quality tires that often emphasize performance, safety, and longevity.
General Motors
"Yes, there are a lot of companies, General Motors, Summit Ford, a lot at Toyota, Summit"
General Motors is a big car company that makes many popular brands like Chevrolet and Cadillac.
General Motors is one of the largest automobile manufacturers in the world, known for brands like Chevrolet, GMC, Cadillac, and Buick.
Hyundai
"Engines are failing and they're failing while they're under warranty and after the manufacturer's warranty runs out so we'll do that here in just uno momento."
Hyundai is a car company from South Korea that makes affordable cars like the Sonata and Elantra.
Hyundai is a South Korean automobile manufacturer known for its affordable and well-equipped vehicles, including the Sonata and Elantra.
Honda
"Engines are failing and they're failing while they're under warranty and after the manufacturer's warranty runs out so we'll do that here in just uno momento."
Honda is a popular car company that makes dependable cars like the Civic and Accord.
Honda is a major automobile manufacturer recognized for its efficient and reliable vehicles, such as the Civic and Accord.
manufacturer's warranty
"Engines are failing and they're failing while they're under warranty and after the manufacturer's warranty runs out so we'll do that here in just uno momento."
A manufacturer's warranty is a promise from the car maker to fix problems with the car for a certain time after you buy it.
A manufacturer's warranty is a guarantee provided by the manufacturer that covers repairs and defects for a specified period after the purchase of a vehicle.
engine recalls
"Okay, here we are talking about why are all the engine recalls, why are all these engines failing, why are they using oil, what's causing these very expensive problems to occur, and who are they occurring with, well you're getting ready to find out."
An engine recall happens when a car company finds a problem with the engine and asks owners to fix it for free.
Engine recalls occur when a manufacturer identifies a safety or performance issue with a vehicle's engine, requiring owners to bring their cars in for repairs or replacements.
swarf
"...tiny metal particles called, get this name, SWARF, S-W-A-R-F. So if a piece of metal was referred to as a piece of metal, a microscopic piece of metal,..."
Swarf is the small bits of metal that come off when machines cut or shape metal parts. If these tiny pieces get into engines, they can cause problems.
Swarf refers to the tiny metal shavings or particles that are produced during machining processes. These particles can cause significant issues in engine components if not properly managed, leading to potential failures.
engine block
"It's been around since they've been honing out engine blocks or cylinders out of engine blocks. So it's nothing new."
The engine block is the big metal part of a car's engine where the cylinders are located. It's important because it holds everything together and helps the engine work.
An engine block is the main structure of an internal combustion engine, housing the cylinders and other components. It is typically made of cast iron or aluminum and is crucial for the engine's operation.
cylinders
"It's been around since they've been honing out engine blocks or cylinders out of engine blocks. So it's nothing new."
Cylinders are the parts of an engine where fuel burns to create power. More cylinders usually mean more power, but they can also use more fuel.
Cylinders are the chambers in which fuel and air mix and combust to create power in an internal combustion engine. The number of cylinders can affect an engine's performance and efficiency.
power per liter
"Today's cleaner running engines that are delivering record amounts of power per liter and running"
Power per liter tells you how much power an engine makes for every liter of its size. Higher numbers mean the engine is more powerful for its size, which is usually better for performance.
Power per liter refers to the amount of power an engine produces relative to its displacement, measured in liters. It's a key metric for evaluating engine efficiency and performance.
crankshaft
"That places greater loads on critical parts such as bearings and crankshafts, which are separated only by a film of oil thinner than a human hair."
The crankshaft is a part of the engine that helps turn the power from the engine into movement for the car. It needs to be very strong because it deals with a lot of force and heat.
The crankshaft is a critical component in an engine that converts the linear motion of the pistons into rotational motion, which ultimately powers the vehicle. It is subjected to significant loads and must be designed to withstand high pressures and temperatures.
bearings
"That places greater loads on critical parts such as bearings and crankshafts, which are separated only by a film of oil thinner than a human hair."
Bearings are small parts that help other moving parts in the engine move smoothly without rubbing too much against each other. They help keep everything running well and prevent damage.
Bearings are components that reduce friction between moving parts in an engine, allowing for smoother operation and less wear. They support the crankshaft and other rotating elements, helping to maintain alignment and reduce heat generation.
emissions
"So the automakers have been under a great deal of pressure to get better fuel economy and have lower emissions."
Emissions are the gases and pollutants that cars release into the air when they burn fuel. Lowering emissions is important for keeping the air clean and protecting the environment.
Emissions are pollutants released into the atmosphere as a result of fuel combustion in vehicles. Reducing emissions is crucial for environmental protection and is a key focus for automakers as regulations become stricter.
fuel economy
"So the automakers have been under a great deal of pressure to get better fuel economy and have lower emissions."
Fuel economy is a way to measure how far a car can go on a certain amount of fuel. Better fuel economy means the car uses less gas to travel the same distance, which saves money and is better for the environment.
Fuel economy refers to how efficiently a vehicle uses fuel, typically measured in miles per gallon (MPG). Automakers strive to improve fuel economy to reduce costs for consumers and lower emissions, which is increasingly important in today's automotive market.
horsepower
"I mean, who wants to drive a vehicle with a three-cylinder engine that has 89 horsepower? Nobody."
Horsepower is a way to measure how powerful an engine is. The higher the horsepower, the faster and stronger the car can be.
Horsepower is a unit of measurement that indicates the power output of an engine. It helps to determine how fast a vehicle can accelerate and how much load it can carry.
direct fuel injection
"Well, three primary ways. Direct fuel injection, squirts the fuel directly into the cylinder."
Direct fuel injection means that fuel goes straight into the engine's combustion chamber instead of mixing with air first. This helps the engine run better and use less fuel.
Direct fuel injection is a technology where fuel is injected directly into the combustion chamber of an engine, allowing for more precise fuel delivery and improved efficiency.
intercooler
"...if it has an intercooler built into the system. And that just makes the engine have more power."
An intercooler cools the hot air that comes from the turbocharger before it goes into the engine. This helps the engine run better and makes it more powerful.
An intercooler is a component used in turbocharged engines to cool the air that has been compressed by the turbocharger before it enters the combustion chamber. Cooler air is denser and allows for more efficient combustion.
defective engines
"...to replace engines and settle lawsuits and pay fines related to more than 3.3 million potentially defective engines."
Defective engines are engines that don't work properly because of mistakes made when they were built. Hyundai had many of these engines, which caused problems for car owners.
Defective engines refer to engines that have manufacturing or design flaws that can lead to performance issues, safety risks, or failures. Hyundai's situation involved a large number of potentially defective engines that prompted recalls and legal actions.
Toyota Camry
"...dpaper. Just to give you an example, 2010 Toyota Camry V6 used 5W30 motor oil, and today's V6 Camry req..."
The Toyota Camry is a popular car that many people choose because it's dependable and gets good gas mileage. It's a comfortable car for everyday driving, and people often talk about it because it's been around for a long time and many families use it. Sometimes, discussions include details like what kind of oil to use for the engine.
The Toyota Camry is a mid-size sedan known for its reliability, fuel efficiency, and comfortable ride. It has been one of the best-selling cars in the United States for decades, making it a significant player in the automotive market. Discussions about the Camry often revolve around its practicality and the advancements in engine technology, such as the type of motor oil it requires.
Toyota Tundra
"... I bet you did if you owned a Hyundai or a Toyota Tundra. You know, these are things that people need to ..."
The Toyota Tundra is a big truck that people often use for heavy jobs or outdoor activities. It's known for being tough and able to carry or tow a lot of weight, which makes it a favorite for those who need a reliable vehicle for work or play. People talk about it because it's built to last and can handle rough conditions.
The Toyota Tundra is a full-size pickup truck that is recognized for its durability, off-road capability, and strong towing capacity. It has a reputation for being a reliable workhorse, making it popular among those who need a truck for both personal and professional use. Conversations about the Tundra often highlight its performance in various conditions and its longevity.
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