A woman gazes on a good credit report of 765.

What is a competitive lessee?

Definition of a Well-Qualified Buyer

If you’re looking to buy a vehicle, perusing pages and pages of loan and lease offers, you’ve likely come across the terms “competitive lessee” and “well-qualified buyer.” Many offers from OEM dealers are only applicable to such individuals.

Unfortunately, the designation is often left frustratingly vague. So what exactly does it mean to be a well-qualified lessee?

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A man's hands check oil under the hood.

Should I check my oil when the engine is hot or cold?

Ideal Engine Temperature for Oil Check

Oil is a very important part of an automobile, as it lubricates the machinery inside so that everything can stay in healthy motion. In order to ensure your vehicle has enough of this precious slippery juice in its system, it’s a good idea to check one’s oil from time to time. In fact, Consumer Reports recommends doing so at every other fuel-stop.

But different opinions abound on the exact conditions that oil should be checked in. One area that seems “hotly” debated is the ideal engine temperature. Should you check your oil with a hot or cold engine?

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