DALE

Firstly, the computers are created for over the years, been affecting our life more and more of the dealings with the human everyday life, and because of efficiency they have proven, it would be likely to assume that one major change of the computer industry from today until tomorrow will be control of more and more of our everyday life.

However, with the computer industry these days there are only being around for a short period of time compared to the other industries of the world, we can still get a somewhat accurate idea of where the industry is heading based on the amount of change already inccured by the technology. This along with the job conditions mentioned earlier in this report contribute greatly to a desire of possessing computer knowledge. rk, names, grades, records all accessible by computer.

The disappearing trade-in. After negotiating a price on your trade-in, the salesman fails to credit the full amount in the lease—or he just increases the cap cost to cancel out part of the trade-in. Sometimes none of the trade-in amount is credited. This is known as a “home run.

The disappearing cash down payment. After talking you into putting additional cash down to lower your monthly payments, the salesman fails to credit the full amount in the lease—or he just increases the cap cost to cancel out part of the down payment. Sometimes none of the cap reduction is credited. This is also known as a ‘home run.
You don’t pay for the whole car, only the part you use.

This dishonest statement is used to convince you that leasing is cheaper than buying. The salesman fails to
mention that you will be paying interest on the whole car not just “the part you use, and the total interest you pay on a lease will be a lot higher than it would be on a loan at the same terms.

“No money down” advertising. Ads say that you can lease with no down payment, but lease companies almost always require the first month’s payment and a security deposit, in addition to tax, license, and registration fees.
The future value of the vehicle is guaranteed. This little trick is often used to hide the fact that the residual or purchase option price has been inflated. In other words, the vehicle will be worth less sometimes a lot less than the residual at the end of the lease.

Deceptive advertising. Low-payment ads are run for leases that require large down payments and/or trade-ins. Also, advertised prices are often limited to one vehicle, or they only apply to stripped-down models.

The phony “investment earnings” claim. Salesmen often use hypothetical investment earnings on the “initial cash savings from a lease” to make it look better. Since so many people who lease low-to-mid-priced vehicles are leasing because they can’t afford higher loan payments, the “investment earnings” claim is phony because most people won’t have anything “left over” to invest.
The dishonest “financing is cheaper” program. Some salesmen have talked all-cash buyers into leasing after using a dishonest computer program to “prove” that financing is cheaper than paying cash. It isn’t. (About 5,000 dealers in the U.S. purchased this program.) Even when below-market financing is available, it’s almost always
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offered instead of a (cash) customer rebate, so it might only be a bargain if you intend to borrow a lot for a long time (which isn’t smart, anyway).
Inadequate disclosure. Failing to disclose any of the following in writing: cap cost (purchase price), cap reduction, trade-in, residual, monthly payment, total finance charges, interest rate, allowable mileage, excess mileage charge, acquisition and disposition fees (if any), total due at lease signing, purchase option price, and explanation of termination penalty.

NOTE TO LEASE VICTIMS
If you think that you were victimized by any of the tricks described in this chapter, be sure to read “Note to Victims of Leasing Fraud” on the Summary page. It will explain what you should do if fraud was involved to cheat you on a lease.

The phony lease-versus-buy comparison. To make lease payments look more attractive, the salesman compares them to loan payments that are based on a shorter term than most buyers typically choose. (Most buyers choose 5-year loans, but salesmen often use 3-4 year loans in their comparison because the payments are higher.) Also, the higher costs of car insurance and registration fees related to short-term leasing are conveniently left out.
The “down payment” trick. Down payments are often used in leasing to make a bad deal look good. On a lease, a down payment is just monthly (rental) payments in advance, it doesn’t reduce the residual or purchase option price. Salesmen often equate down payments on leases with down payments on purchases, but only on purchases do they build any equity.
There is no purchase price on a lease. This dishonest statement has been used by many salesmen after their customers asked, “What price am I paying for this car?” The purpose: to prevent disclosing the cap cost and to hide secret price increases.
The secret price boost. After you negotiate a lower purchase price on a vehicle, the salesman switches you to alease with a higher cap cost than the negotiated price. (This is known in the industry as “the flip,” and salesmen have been offered bonuses to flip buyers into leases.)
The cap cost has no effect on your payment. Another dishonest statement that’s been used by salesmen after they were caught using higher cap costs than the prices that were previously negotiated (or quoted).
There is no interest rate on a tease. This dishonest statement is used to hide the actual interest rate being charged on a lease. (No rate disclosure in the contract.)
The secret APR boost. The salesman quotes you a lower interest rate for a lease, then writes up the contract based on a higher rate. Since there’s no rate disclosure in the lease contract, you don’t know it’s been increased.

The phony lease-versus-buy comparison. To make lease payments look more attractive, the salesman compares them to loan payments that are based on a shorter term than most buyers typically choose. (Most buyers choose 5-year loans, but salesmen often use 3-4 year loans in their comparison because the payments are higher.) Also, the higher costs of car insurance and registration fees related to short-term leasing are conveniently left out.
The “down payment” trick. Down payments are often used in leasing to make a bad deal look good. On a lease, a down payment is just monthly (rental) payments in advance, it doesn’t reduce the residual or purchase option price. Salesmen often equate down payments on leases with down payments on purchases, but only on purchases do they build any equity.
There is no purchase price on a lease. This dishonest statement has been used by many salesmen after their customers asked, “What price am I paying for this car?” The purpose: to prevent disclosing the cap cost and to hide secret price increases.
The secret price boost. After you negotiate a lower purchase price on a vehicle, the salesman switches you to alease with a higher cap cost than the negotiated price. (This is known in the industry as “the flip,” and salesmen have been offered bonuses to flip buyers into leases.)
The cap cost has no effect on your payment. Another dishonest statement that’s been used by salesmen after they were caught using higher cap costs than the prices that were previously negotiated (or quoted).
There is no interest rate on a tease. This dishonest statement is used to hide the actual interest rate being charged on a lease. (No rate disclosure in the contract.)
The secret APR boost. The salesman quotes you a lower interest rate for a lease, then writes up the contract based on a higher rate. Since there’s no rate disclosure in the lease contract, you don’t know it’s been increased.

There was this child at Sunday mass, about 4 or 5 years old, who was very curious about the overhead projector. When the projector was lighted with the lyrics of the mass hymn, this boy would run to the machine and look curiously. Before long, he was touching the knobs and de-focusing the projector.
Two Sundays later, the boy did the same thing, this time touching the transparency. It was no longer funny or cute to me, the on looker. When it was time for communion and people were lining up, he insisted on staying in front of the priest and not budging at all. His poor nanny tried to grab hold of him, which only made the boy more insistent, even shouting at her.
I managed to come close enough to the nanny and told her to “just let the boy go”. It did help for a while, but not for long as the boy went up front and faced the priest. This time, the priest, now visibly irritated, held the boy on the shoulder and brought him to the side. It was only then that this curious boy stayed by the steps of the altar sulking and refusing to go with his nanny. What happened next was his younger brother, dressed in the same colored T-shirt, came up front and made a “scene” too. Two in the family — that’s a lot to handle!
Where in the world were their parents all this time? Why were the boys just left with the nanny who struggled to control the two? It was like chasing mice! The boy would slip from her hands only to irritate other people. One then begins to wonder how far we should allow our children to “be free and curious”. Another relevant question here is, who teaches the child about “respect for others”? Is it the parent or the nanny?
“If I were the parent, I would have spanked the kid or taken him outside for a scolding. . .“ — this must have been a thought that ran through the minds of the church goers. Unfortunately, that would have been
easier said than done. The kid himself vehemently refused to budge from his place, until the priest himself took him aside. Apparently, the parents allowed the child to move about freely during the mass as he tried on 2 separate occasions to get near the overhead projector, with no one holding him back.
Curiosity is a normal thing for young children and sometimes even for the old. But the old can wait, young ones usually can’t. They have to touch and even smell what piques their curiosity. Did his parents ever communicate with their child? It looked like it was the nanny who was responsible for the child. For such a situation, the parent should have come forward and pulled the child gently aside (not the priest nor the
nanny. The parent relegated responsibilities to the nanny. This was their son and as such, they were primarily responsible for his behavior. I wonder what took place after the mass. Scenarios would include:
one, the parents scold the child. But by then, the child would have forgotten what happened inside the church, and it would be no use to “nag” about that. Two, the parents scold the nanny for not being able to “control” the child — but that would be unfairly transferring the responsibility to the nanny I just hope that the parent would start communicating with the child.
Play with the child, take time out to take care of the child (give the nanny a break!), read to the child, watch TV with him, get a puppet and reenact the church scene so that the child can see himself and how his behavior affected others. All these done with tender loving care. If the younger brother mimics the older brother, then it is likely that the older brother’s behavior has never been corrected before. If the child is generally active and would rather play than stay seated at church - services, it is best to keep the child at home or with his peer group during Sunday services. Thus, the solemnity of the Sunday mass is respected.