{"version":"1.0.0","episode":{"title":"Your Car is Not an Investment - But You Can Still Win ","url":"http://getcarcurious.com/episodes/your-car-is-not-an-investment-but-you-can-still-win","audioUrl":"https://content.rss.com/episodes/340678/2546055/car-connection-workshop/2026_02_13_11_54_07_17f4b1c3-5453-483c-ac43-8ca9c8fc2086.mp3","description":"\"Own Your Car, Don't Let It Own You\" but a paid - off car can be one of the smartest financial moves you'll moves you'll ever make! NMJ Your Car is not an investment - but you can still win financially with it. In this episode, we break down the difference between endless car payments versus owning a paid - off vehicle, who really owns your car during financing, and why a paid - off vehicle becomes profitable when properly maintained. Think of you car like a pet: feed it, maintain. it, care for it, and it will stay healthy and serve you for years.This episode is about mindset , ownership, and long - term vehicle economics.More episodes and ...project Details & links are available at Car Connection Business Network.com (ccbusnet.com) you'll find everything on our homepage if you's like to follow the build.repair work we do, & connect with our program partners click their logo to connect with them & Thank You !Grab some Car Connection Motormouth Gear to join our crew in helping those struggling with addictions get to a Total Freedom Addictions Campus Canada & USA where a New Life awaits them there! Tnx a bunch friends, Nile Motormouth Jenkins. Tnx for watching & Listening it helps to keep the ignition turned on! Happy Healthy Motoring, NMJPeace Patience Kindness Always."},"annotations":[{"startTime":371.2,"endTime":375.3,"type":"term","title":"fleet maintenance program","url":"/glossary/fleet-maintenance-program","quote":"I use my car connection fleet maintenance program on all my own vehicles,","canonicalId":"term:fleet-maintenance-program","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A fleet maintenance program is a service that provides regular maintenance and repairs for a group of vehicles owned by a business or organization. This program helps ensure that all vehicles are kept in good working condition, often at a lower cost due to bulk purchasing and service agreements.","simplifiedExplanation":"A fleet maintenance program is like a regular check-up for a group of cars owned by a company. It helps keep all the cars running well and can save money because they buy parts and services in bulk."}},{"startTime":1171.18,"endTime":1174.94,"type":"car","title":"Chevrolet Chevelle","url":"/cars/chevrolet/chevelle","image":"https://upload.wikimedia.org/wikipedia/commons/9/95/1970_Chevrolet_Chevelle_Malibu_4-dr%2C_front_left.jpg","quote":"when you saw Chevelles running around and said 28s and Transams and Corvettes, Mustangs, Fastbacks...","canonicalId":"car:chevrolet:chevelle","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Chevrolet Chevelle is a mid-sized car that was produced by Chevrolet from 1964 to 1977. It is known for its performance and classic styling, making it a popular choice among car enthusiasts and collectors.","simplifiedExplanation":"The Chevrolet Chevelle is a classic car that many people love. It was made by Chevrolet and is known for being stylish and fast.","imageAttribution":"Mr.choppers (CC BY-SA 3.0)"}},{"startTime":1174.9,"endTime":1179.8,"type":"car","title":"Pontiac Trans Am","url":"/cars/pontiac/trans-am","image":"https://upload.wikimedia.org/wikipedia/commons/8/86/Pontiac_Firebird_Trans_Am_Bahrain.jpg","quote":"and said 28s and Transams and Corvettes, Mustangs, Fastbacks...","canonicalId":"car:pontiac:trans-am","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Pontiac Trans Am is a performance version of the Pontiac Firebird, produced from 1969 to 2002. It is known for its powerful engines and sporty design, becoming an iconic muscle car.","simplifiedExplanation":"The Pontiac Trans Am is a sporty car that was made by Pontiac. It's known for being fast and has a cool design that many people admire.","imageAttribution":"Mohammed Hamad (CC BY-SA 4.0)"}},{"startTime":1174.94,"endTime":1179.68,"type":"car","title":"Chevrolet Corvette","url":"/cars/chevrolet/corvette","image":"https://upload.wikimedia.org/wikipedia/commons/0/0d/1962_Chevrolet_Corvette_IMG_3669.jpg","quote":"and said 28s and Transams and Corvettes, Mustangs, Fastbacks...","canonicalId":"car:chevrolet:corvette","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Chevrolet Corvette is a high-performance sports car that has been produced since 1953. It is renowned for its speed, sleek design, and status as an American icon in the automotive world.","simplifiedExplanation":"The Chevrolet Corvette is a fast sports car made by Chevrolet. It's famous for its stylish look and high speed.","imageAttribution":"Alexander-93 (CC BY-SA 4.0)"}},{"startTime":1179.8,"endTime":1185.4,"type":"car","title":"Ford Galaxie 500","url":"/cars/ford/galaxie-500","image":"https://upload.wikimedia.org/wikipedia/commons/c/c1/2022_Ford_Bronco_2.jpg","quote":"Fastbacks, yeah, the Ford 500, they were everywhere because those were everyday drivers.","canonicalId":"car:ford:galaxie-500","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford 500 is a full-size sedan that was produced by Ford from 2005 to 2007. It was designed to offer a spacious interior and comfortable ride, but it didn't achieve the same level of popularity as other Ford models.","simplifiedExplanation":"The Ford 500 is a car made by Ford that is larger and designed for comfort. It was made for a few years but didn't become as popular as some other cars.","imageAttribution":"Calreyn88 (CC BY-SA 4.0)"}},{"startTime":1179.82,"endTime":1184.88,"type":"car","title":"Ford Mustang","url":"/cars/ford/mustang","image":"https://upload.wikimedia.org/wikipedia/commons/1/13/1966_Ford_Mustang_coupe_white_001.jpg","quote":"and said 28s and Transams and Corvettes, Mustangs, Fastbacks...","canonicalId":"car:ford:mustang","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Ford Mustang is a classic American muscle car that has been in production since 1964. It is known for its powerful engines and sporty design, making it a symbol of freedom and performance.","simplifiedExplanation":"The Ford Mustang is a popular car made by Ford. It's known for being powerful and has a sporty look that many people love.","imageAttribution":"Hans-Jürgen Neubert (CC BY 4.0)"}},{"startTime":1235.6,"endTime":1240.5,"type":"car","title":"Toyota Pickup","url":"/cars/toyota/hilux","image":"https://upload.wikimedia.org/wikipedia/commons/e/ec/A_Toyota_Hilux_pickup_truck_with_a_snowplow_01.jpg","quote":"...that's Moe. He's a 1984 short box Toyota four wheel drive pickup. And I think I was like 22 years old when I bought that.","canonicalId":"car:toyota:hilux","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Toyota Pickup, particularly from the 1980s, is known for its durability and off-road capabilities, making it a popular choice for outdoor enthusiasts and tradespeople alike.","simplifiedExplanation":"The Toyota Pickup is a small truck made by Toyota, known for being tough and reliable. The 1984 model is especially valued for its simplicity and ability to handle rough terrain.","imageAttribution":"Sadenäyttely (CC BY-SA 4.0)"}},{"startTime":1388.6,"endTime":1391.1,"type":"term","title":"financing","url":"/glossary/financing","quote":"...when I bought that, I financed it and financing was 17.93%. Yes, you heard that correctly...","canonicalId":"term:financing","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Financing refers to the process of borrowing money to purchase a vehicle, where the buyer pays back the loan amount plus interest over time. The interest rate can significantly affect the total cost of the vehicle.","simplifiedExplanation":"Financing is when you borrow money to buy a car and pay it back over time, usually with extra money added for interest. This means you end up paying more than the car's price."}},{"startTime":1391.1,"endTime":1394.7,"type":"term","title":"interest rate","url":"/glossary/interest-rate","quote":"...financing was 17.93%. Yes, you heard that correctly. 17.93% was the interest...","canonicalId":"term:interest-rate","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The interest rate is the percentage charged on a loan for borrowing money. In the context of financing a vehicle, a higher interest rate means higher monthly payments and more money paid over the life of the loan.","simplifiedExplanation":"The interest rate is how much extra money you pay when you borrow money to buy something, like a car. A higher rate means you pay more each month."}},{"startTime":1442.4,"endTime":1446.6,"type":"term","title":"price tag","url":"/glossary/price-tag","quote":"...And I look at vehicles today, the price tag. And I remember when I was at Volkswagen...","canonicalId":"term:price-tag","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The term 'price tag' refers to the cost associated with a vehicle, which can vary widely based on the make, model, and features. Understanding the price tag helps consumers make informed purchasing decisions.","simplifiedExplanation":"A 'price tag' is simply the amount of money you need to pay to buy a car. It shows how much the car costs."}},{"startTime":1463.68,"endTime":1468.12,"type":"car","title":"Volkswagen Passat","url":"/cars/volkswagen/passat","image":"https://upload.wikimedia.org/wikipedia/commons/a/a2/2010_Volkswagen_Passat_Highline_TDi_140_2.0_Front.jpg","quote":"...they bought this. It was a Passat for the girl in the family. They had one of each, a G and a B.","canonicalId":"car:volkswagen:passat","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Volkswagen Passat is a mid-size car known for its spacious interior and comfortable ride. It has been popular among families and is often praised for its practicality and reliability.","simplifiedExplanation":"The Volkswagen Passat is a family car that offers a lot of space and comfort. It's a good choice for people who need a reliable vehicle for everyday use.","imageAttribution":"Vauxford (CC BY-SA 4.0)"}},{"startTime":1472.3,"endTime":1476.84,"type":"term","title":"$62,000","quote":"...they bought this car, it was $62,000 at that time.","canonicalId":"term:62-000","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"This figure represents a significant price point for a vehicle, indicating a higher-end model or luxury features. It reflects the increasing costs of new cars in the market.","simplifiedExplanation":"$62,000 is a lot of money for a car, showing that some vehicles can be very expensive, especially if they have many features or are from a luxury brand."}},{"startTime":1664.9,"endTime":1667.5,"type":"part","title":"alternator","url":"/glossary/alternator","quote":"So if you're driving an older car, I'm going to use a, let's just use an alternator as an example.","canonicalId":"part:alternator","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"An alternator is a crucial component in a vehicle's electrical system that generates electricity to power the car's electrical systems and recharge the battery while the engine is running.","simplifiedExplanation":"An alternator is a part of the car that helps keep the battery charged and powers the electrical systems when the engine is on. If it fails, you might have trouble starting your car or using things like the radio or lights."}},{"startTime":1794.0,"endTime":1801.9,"type":"term","title":"goodwill warranty","url":"/glossary/goodwill-warranty","quote":"But when I was at Volkswagen, you know what? That wouldn't happen. It would be covered under what we called W5, warranty, goodwill warranty. That's how that would happen.","canonicalId":"term:goodwill-warranty","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A goodwill warranty is a type of warranty coverage provided by manufacturers or dealerships that goes beyond the standard warranty terms. It often covers repairs or issues that arise after the warranty period, typically as a gesture of goodwill to maintain customer satisfaction.","simplifiedExplanation":"A goodwill warranty is when a car company helps pay for repairs even if your warranty has expired. They do this to keep customers happy and show they care about their service."}},{"startTime":1894.6,"endTime":1898.4,"type":"concept","title":"pre-owned cars","url":"/glossary/pre-owned-cars","quote":"...used pre-owned cars are selling like hotcakes and the inventory and resources for that is drying up...","canonicalId":"concept:pre-owned-cars","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Pre-owned cars, also known as used cars, refer to vehicles that have had previous owners. The market for these cars can fluctuate based on demand, economic conditions, and inventory levels.","simplifiedExplanation":"Pre-owned cars are cars that someone else has owned before you. They can be cheaper than new cars and are often in high demand, especially when there aren't many available."}},{"startTime":1898.4,"endTime":1903.6,"type":"term","title":"inventory","url":"/glossary/inventory","quote":"...the inventory and resources for that is drying up because the Americans have been buying our pre-owned vehicles...","canonicalId":"term:inventory","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"In the automotive context, inventory refers to the stock of vehicles available for sale at dealerships or in the market. A low inventory can lead to increased prices and competition among buyers.","simplifiedExplanation":"Inventory means the number of cars available to buy at a dealership or in the market. When there are fewer cars available, it can make buying one more expensive."}},{"startTime":1914.8,"endTime":1920.0,"type":"term","title":"never, never plan","url":"/glossary/never-never-plan","quote":"...turning in your three-year-old or four or five-year-old car and getting you back on the never, never plan...","canonicalId":"term:never-never-plan","priority":0.5,"confidence":0.8,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The 'never, never plan' refers to financing options that allow buyers to pay for a vehicle over an extended period, often with low or no down payments. This can lead to long-term debt for the buyer.","simplifiedExplanation":"The 'never, never plan' is a way to buy a car by paying for it over a long time, which can make it easier to afford but might lead to owing money for many years."}},{"startTime":2316.1,"endTime":2319.9,"type":"term","title":"preventative maintenance","url":"/glossary/preventative-maintenance","quote":"Because you're ahead by doing preventative maintenance. Not taking it in when the thing's making noises and grinding and hoagies and grinders.","canonicalId":"term:preventative-maintenance","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Preventative maintenance involves regular inspections and services performed on a vehicle to prevent potential issues before they occur. This can include oil changes, tire rotations, and brake inspections.","simplifiedExplanation":"Preventative maintenance is when you check and fix things on your car before they break. It's like getting regular check-ups to stay healthy."}},{"startTime":2544.2,"endTime":2548.3,"type":"concept","title":"fleet service","url":"/glossary/fleet-service","quote":"That's what they don't do with fleet service. They need every ounce of their equipment to be able to get down the road and get back and not break down.","canonicalId":"concept:fleet-service","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Fleet service refers to the maintenance and management of a group of vehicles owned or leased by a business or organization. These vehicles are often used for commercial purposes, and keeping them in optimal condition is crucial for operational efficiency and profitability.","simplifiedExplanation":"Fleet service is about taking care of a group of vehicles that a company uses for work. It's important to keep these vehicles running well so the business can operate smoothly."}},{"startTime":2559.3,"endTime":2563.0,"type":"concept","title":"deferred maintenance","url":"/glossary/deferred-maintenance","quote":"That mindset makes you win with an older car, a vehicle that's bought and paid for, a vehicle that's outside of warranty.","canonicalId":"concept:deferred-maintenance","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Deferred maintenance refers to the practice of postponing maintenance tasks on a vehicle or equipment, often due to budget constraints or prioritizing other expenses. This can lead to more significant issues and costs down the line if not addressed.","simplifiedExplanation":"Deferred maintenance is when you put off fixing things on your car because you don't have the money or time. If you wait too long, it can lead to bigger problems later."}},{"startTime":2807.0,"endTime":2813.0,"type":"term","title":"depreciation","url":"/glossary/depreciation","quote":"Depreciation alone on a new vehicle is insane. How much money is lost in three years by the time you pay it off?","canonicalId":"term:depreciation","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Depreciation refers to the reduction in value of a vehicle over time, particularly after purchase. New cars can lose a significant percentage of their value within the first few years due to factors like market demand and wear and tear.","simplifiedExplanation":"Depreciation is how much a car's value goes down after you buy it. For example, a new car can be worth a lot less just a few years later."}},{"startTime":2818.6,"endTime":2822.1,"type":"term","title":"car loan","url":"/glossary/car-loan","quote":"Or now loans are seven years. That's insanity, absolutely is.","canonicalId":"term:car-loan","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A car loan is a type of financing that allows individuals to borrow money to purchase a vehicle, which they then pay back over time, typically with interest. The duration of these loans can vary, with many extending up to seven years or more.","simplifiedExplanation":"A car loan is money you borrow to buy a car, which you pay back over time. These loans can last several years, sometimes even seven years."}}],"speakers":[{"id":"s1","name":"Nile Jenkins","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/your-car-is-not-an-investment-but-you-can-still-win/transcript.vtt","type":"text/vtt"}]}