1
00:00:01,240 --> 00:00:01,600
Speaker 1: Earners.

2
00:00:01,639 --> 00:00:02,000
Speaker 2: What's up.

3
00:00:02,080 --> 00:00:04,560
Speaker 1: You ever walk into a small business and everything just

4
00:00:04,720 --> 00:00:07,880
Speaker 1: works like The checkout is fast, the receipts are digital,

5
00:00:08,400 --> 00:00:11,399
Speaker 1: tipping is a breeze, and you're out the door before

6
00:00:11,400 --> 00:00:15,560
Speaker 1: the line even builds. Odds are they're using Square. We

7
00:00:15,720 --> 00:00:18,280
Speaker 1: love supporting businesses that run on Square because it just

8
00:00:18,280 --> 00:00:21,520
Speaker 1: feels seamless. Whether it's a local coffee shop, a vendor

9
00:00:21,560 --> 00:00:23,840
Speaker 1: at a pop up market, or even one of our

10
00:00:23,880 --> 00:00:27,560
Speaker 1: merch partners, Square makes it easy for them to take payments,

11
00:00:27,760 --> 00:00:31,480
Speaker 1: manage inventory, and run their business with confidence, all from

12
00:00:31,600 --> 00:00:35,000
Speaker 1: one simple system. If you're a business owner or even

13
00:00:35,080 --> 00:00:38,600
Speaker 1: just thinking about launching something soon, Square is hands down

14
00:00:38,640 --> 00:00:41,680
Speaker 1: one of the best tools out there to help you start, run,

15
00:00:41,920 --> 00:00:45,240
Speaker 1: and grow. It's not just about payments, it's about giving

16
00:00:45,240 --> 00:00:47,920
Speaker 1: you time back so you can focus on what matters

17
00:00:47,960 --> 00:00:51,199
Speaker 1: most Ready. To see how Square can transform your business,

18
00:00:51,479 --> 00:00:56,120
Speaker 1: visit Square dot com backslash go backslash eyl to learn

19
00:00:56,160 --> 00:01:01,360
Speaker 1: more that Square dot com backslash, go backslash eyl. Don't wait,

20
00:01:01,640 --> 00:01:04,480
Speaker 1: don't hesitate. Let's Square handle the back end so you

21
00:01:04,480 --> 00:01:10,839
Speaker 1: can keep pushing your vision forward. This episode is brought

22
00:01:10,840 --> 00:01:12,760
Speaker 1: to you by P and C Bank, a lot of

23
00:01:12,760 --> 00:01:16,360
Speaker 1: people think podcasts about work are boring, and sure, they

24
00:01:16,440 --> 00:01:20,319
Speaker 1: definitely can be, but understanding of professional's routine shows us

25
00:01:20,319 --> 00:01:24,840
Speaker 1: how they achieve their success little by little, day after day.

26
00:01:24,959 --> 00:01:27,440
Speaker 1: It's like banking with P and C Bank. It might

27
00:01:27,560 --> 00:01:30,440
Speaker 1: seem boring to save, plan and make calculated decisions with

28
00:01:30,480 --> 00:01:33,520
Speaker 1: your bank, but keeping your money boring is what helps

29
00:01:33,520 --> 00:01:36,640
Speaker 1: you live a more happily fulfilled life. P and C

30
00:01:36,760 --> 00:01:41,920
Speaker 1: Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since

31
00:01:41,959 --> 00:01:44,640
Speaker 1: eighteen sixty five is a service mark of the PNC

32
00:01:44,720 --> 00:01:48,680
Speaker 1: Financial Service Group, Inc. P and C Bank National Association

33
00:01:48,880 --> 00:01:49,840
Speaker 1: Member FDIC.

34
00:01:51,920 --> 00:01:56,560
Speaker 2: You've mentioned used cars and new cars, right, so can

35
00:01:56,600 --> 00:02:02,240
Speaker 2: you go down that rabbit hole, like what's the benefits

36
00:02:02,600 --> 00:02:08,000
Speaker 2: of having a used car versus a new car? Or

37
00:02:08,040 --> 00:02:10,240
Speaker 2: a new car versus a used car?

38
00:02:10,840 --> 00:02:13,239
Speaker 3: All right, so there's a lot of this is this

39
00:02:13,280 --> 00:02:17,480
Speaker 3: is a huge question that we get should I buy

40
00:02:17,520 --> 00:02:20,080
Speaker 3: new or should have I used one? I'll tell you something.

41
00:02:20,080 --> 00:02:22,600
Speaker 3: You got to take your ego out of this. Okay,

42
00:02:23,440 --> 00:02:28,919
Speaker 3: this is a financial decision. I tell people all the time.

43
00:02:29,200 --> 00:02:31,040
Speaker 3: If you're going to keep a car, let's just say

44
00:02:31,080 --> 00:02:34,079
Speaker 3: you're gonna drive a lot of mileage. When I say

45
00:02:34,080 --> 00:02:36,000
Speaker 3: a lot of miles, I'm talking about over twenty thousand

46
00:02:36,040 --> 00:02:38,280
Speaker 3: miles a year. And you plan on keeping this car,

47
00:02:38,520 --> 00:02:40,680
Speaker 3: you know, for a certain amount of time, for let's

48
00:02:40,680 --> 00:02:43,240
Speaker 3: say an extended period of time, it makes sense to

49
00:02:43,240 --> 00:02:46,840
Speaker 3: buy used. Now, when you are buying used, I recommend

50
00:02:47,680 --> 00:02:52,080
Speaker 3: that you buy it from the authorized dealer. And here's

51
00:02:52,120 --> 00:02:54,680
Speaker 3: the reason why. When you're buying the car from an

52
00:02:54,680 --> 00:02:58,160
Speaker 3: authorized dealer, these vehicles have gone through an inspection, so

53
00:02:58,240 --> 00:03:01,840
Speaker 3: that dealership, meaning let's just say you're buying a pre

54
00:03:01,919 --> 00:03:05,680
Speaker 3: owned Honda. Okay, yes, I can go buy a pre

55
00:03:05,800 --> 00:03:09,720
Speaker 3: OneD Honda on a side lot you know, of a

56
00:03:09,760 --> 00:03:13,400
Speaker 3: neighbor or whatever the case may be, and I may

57
00:03:13,440 --> 00:03:15,240
Speaker 3: pay a little bit less. But when you're buying it

58
00:03:15,280 --> 00:03:18,160
Speaker 3: from the dealership, remember this is a long term investment.

59
00:03:18,680 --> 00:03:20,320
Speaker 3: Investment's a trick, you were to say, when it comes

60
00:03:20,360 --> 00:03:26,160
Speaker 3: to this. But when you're buying the car from the dealership,

61
00:03:26,240 --> 00:03:28,280
Speaker 3: now you have the backing. Let's say you're buying it

62
00:03:28,320 --> 00:03:30,560
Speaker 3: from a Honda dealership. You have the backing of Honda

63
00:03:30,600 --> 00:03:33,679
Speaker 3: and that dealership to make sure that vehicle has gone

64
00:03:33,720 --> 00:03:37,520
Speaker 3: through a rigorous inspection, making sure that you know, everything's

65
00:03:37,560 --> 00:03:40,720
Speaker 3: working properly, right, you want to make sure the vehicle's certified, right,

66
00:03:40,720 --> 00:03:43,560
Speaker 3: so that has a certified warranty on it. Normally that's

67
00:03:43,600 --> 00:03:47,720
Speaker 3: an extension of the manufacturer's warranty. And in case something

68
00:03:47,800 --> 00:03:49,560
Speaker 3: goes wrong and you know, the first you know, three

69
00:03:49,640 --> 00:03:52,640
Speaker 3: or four months of you driving the vehicle, you can

70
00:03:52,680 --> 00:03:54,200
Speaker 3: go back to the dealership and say, hey, wait a minute,

71
00:03:54,200 --> 00:03:55,839
Speaker 3: I just picked up this vehicle, you know, two three

72
00:03:55,840 --> 00:03:57,760
Speaker 3: months ago, and this is what's wrong with it, and

73
00:03:57,800 --> 00:04:00,840
Speaker 3: you have that warranty there. When you do these cars

74
00:04:00,840 --> 00:04:03,280
Speaker 3: from these second hand lots, or you know, from the

75
00:04:03,280 --> 00:04:06,960
Speaker 3: person down the street, or your or your gas station guy, whatever,

76
00:04:08,000 --> 00:04:09,920
Speaker 3: you lose out on that. So even though you might

77
00:04:09,960 --> 00:04:13,520
Speaker 3: be saving a little bit money upfront, you're probably gonna

78
00:04:14,240 --> 00:04:16,320
Speaker 3: i'd say probably more than likely, you're gonna pay that

79
00:04:16,400 --> 00:04:19,760
Speaker 3: money back in repairs and things of that nature. So

80
00:04:20,640 --> 00:04:24,000
Speaker 3: I always recommend if you are buying used, buy certified,

81
00:04:24,000 --> 00:04:28,000
Speaker 3: pre owned, and buy from the authorized dealer. Now, why

82
00:04:28,040 --> 00:04:31,240
Speaker 3: would you buy a used vehicle? Like I said, if

83
00:04:31,279 --> 00:04:33,039
Speaker 3: you're using the vehicle, you're putting a lot of miles

84
00:04:33,040 --> 00:04:38,120
Speaker 3: on the vehicle. That's to me, the most important factor

85
00:04:38,279 --> 00:04:41,880
Speaker 3: in buying a used vehicle. Now. The problem right now,

86
00:04:42,000 --> 00:04:44,119
Speaker 3: and what we saw during the pandemic is use cars.

87
00:04:44,720 --> 00:04:46,720
Speaker 3: Used car pricing went through the roof, right, So just

88
00:04:46,760 --> 00:04:50,080
Speaker 3: to give you an idea, in twenty twenty, the average

89
00:04:50,160 --> 00:04:53,200
Speaker 3: use car price was around twenty thousand dollars. In twenty

90
00:04:53,279 --> 00:04:56,000
Speaker 3: twenty two, it was over thirty thousand dollars for the

91
00:04:56,000 --> 00:05:00,000
Speaker 3: same car, same type of vehicle, So prices jumped drastically.

92
00:05:00,800 --> 00:05:02,600
Speaker 3: You're starting to see that come down a little bit,

93
00:05:02,600 --> 00:05:05,039
Speaker 3: but it's still much higher than what it was back

94
00:05:05,080 --> 00:05:09,239
Speaker 3: then during the pandemic. Right before the pandemic, twenty nineteen,

95
00:05:09,560 --> 00:05:13,720
Speaker 3: cars were depreciating of about three percent, right, and in

96
00:05:13,800 --> 00:05:16,440
Speaker 3: twenty twenty one and twenty twenty two they jumped up

97
00:05:16,480 --> 00:05:20,159
Speaker 3: thirty two to thirty six percent. So it was a

98
00:05:20,240 --> 00:05:22,880
Speaker 3: very difficult time. This is when people were saying, hey,

99
00:05:22,880 --> 00:05:24,480
Speaker 3: you know what, I have a lease and they were

100
00:05:24,480 --> 00:05:26,560
Speaker 3: selling their leases or they were getting money back for

101
00:05:26,640 --> 00:05:30,240
Speaker 3: their cars. But it made it very difficult to buy

102
00:05:30,320 --> 00:05:31,960
Speaker 3: a vehicle. Believe it or not, some people were actually

103
00:05:31,960 --> 00:05:34,279
Speaker 3: buying used cars for more than the original price that

104
00:05:34,360 --> 00:05:36,479
Speaker 3: someone paid for it as a new vehicle. So the

105
00:05:36,520 --> 00:05:38,760
Speaker 3: market was crazy. But it's starting to settle. Out a

106
00:05:38,800 --> 00:05:40,520
Speaker 3: little bit. I think by the end of twenty twenty

107
00:05:40,520 --> 00:05:44,520
Speaker 3: five you'll see numbers start to come back down, mainly

108
00:05:44,560 --> 00:05:47,719
Speaker 3: because the new car inventory is starting to come back.

109
00:05:48,839 --> 00:05:50,840
Speaker 1: I'm just thinking in my head, you get the used card,

110
00:05:50,920 --> 00:05:53,480
Speaker 1: you're getting a double at thirty thousand at the minimum

111
00:05:53,760 --> 00:05:57,160
Speaker 1: double digit interest rate. That's a healthy payment, man, that's

112
00:05:57,200 --> 00:05:57,479
Speaker 1: a lot.

113
00:05:58,320 --> 00:06:00,719
Speaker 3: Well, that's what people don't say it. The interest rate

114
00:06:00,760 --> 00:06:03,200
Speaker 3: is so important, right, And when you do get a

115
00:06:03,240 --> 00:06:08,200
Speaker 3: certified vehicle from the dealership, normally that'll come attached with

116
00:06:08,720 --> 00:06:10,880
Speaker 3: a better interest rate. But used car interest rates right

117
00:06:10,920 --> 00:06:13,560
Speaker 3: now are in the sevens, you know, seven to fourteen

118
00:06:13,560 --> 00:06:17,719
Speaker 3: percent is what I'm seeing. So people don't realize this

119
00:06:17,760 --> 00:06:19,880
Speaker 3: is very important. When you're shopping for a vehicle. You

120
00:06:19,960 --> 00:06:21,880
Speaker 3: have to do the big math, right, not just the

121
00:06:21,920 --> 00:06:24,280
Speaker 3: little math. When the dealership tells you, oh, it's you know,

122
00:06:24,440 --> 00:06:26,359
Speaker 3: eighty to ninety dollars or one hundred dollars more in

123
00:06:26,400 --> 00:06:29,800
Speaker 3: the monthly payment. If you're doing a seventy two month loan,

124
00:06:29,880 --> 00:06:33,000
Speaker 3: right or a six year finance, that's seventy two hundred

125
00:06:33,040 --> 00:06:36,359
Speaker 3: dollars that you're adding in finance charges, right, depending on

126
00:06:36,360 --> 00:06:39,360
Speaker 3: what your interest rate is To the price of the car. Right,

127
00:06:39,440 --> 00:06:42,040
Speaker 3: So make sure you're aware of what the interest rate is.

128
00:06:44,200 --> 00:06:48,080
Speaker 3: Don't don't just buy based on payment. Does that make sense?

129
00:06:48,080 --> 00:06:50,719
Speaker 3: Because if the higher the interest rate when on a

130
00:06:50,720 --> 00:06:52,760
Speaker 3: simple interest loan. Okay, let's get into math. Right, on

131
00:06:52,800 --> 00:06:56,479
Speaker 3: a simple interest loan, which was what every car loan is, right,

132
00:06:58,400 --> 00:07:01,560
Speaker 3: the bank collects their money first, so you're paying back

133
00:07:01,600 --> 00:07:05,760
Speaker 3: the interest first. The money that you're making on your payment.

134
00:07:05,800 --> 00:07:07,479
Speaker 3: Let's just say you have a five hundred dollars payment.

135
00:07:07,520 --> 00:07:09,279
Speaker 3: The majority of that payment in the beginning is going

136
00:07:09,279 --> 00:07:11,640
Speaker 3: towards interest. Very little of that money is going towards

137
00:07:11,640 --> 00:07:14,840
Speaker 3: your principle. So what's happening is your vehicle is losing

138
00:07:14,920 --> 00:07:17,560
Speaker 3: value and you're not even touching the principle. Yet you're

139
00:07:17,600 --> 00:07:20,400
Speaker 3: paying all the The bank wants their money back first, right,

140
00:07:20,560 --> 00:07:22,360
Speaker 3: They're not worried about you paying off the car, yet

141
00:07:22,520 --> 00:07:24,920
Speaker 3: give me my money. So you're paying off the the

142
00:07:25,080 --> 00:07:28,000
Speaker 3: interest and then you're starting to hit that principle. Around

143
00:07:28,040 --> 00:07:30,560
Speaker 3: the halfway mark is now when you start to cut

144
00:07:30,600 --> 00:07:33,120
Speaker 3: into the principle. But what happens is that vehicle is

145
00:07:33,160 --> 00:07:36,280
Speaker 3: depreciating in value. Not to mention, let's say that vehicle

146
00:07:36,320 --> 00:07:39,520
Speaker 3: was in an accident. If that car got hit and

147
00:07:39,560 --> 00:07:41,640
Speaker 3: now you have a bad car FAX, that dropped the

148
00:07:41,720 --> 00:07:44,880
Speaker 3: value of the vehicle also, so you're accelerating the depreciation

149
00:07:45,000 --> 00:07:46,760
Speaker 3: while you're still paying all of this interest.

150
00:07:47,320 --> 00:07:51,560
Speaker 2: That makes sense, Yeah, yeah, yeah, before well before the

151
00:07:52,480 --> 00:07:55,840
Speaker 2: used car. What about a warranty that comes with the.

152
00:07:57,080 --> 00:07:59,640
Speaker 3: So when you get when you get a certified vehicle,

153
00:08:00,280 --> 00:08:03,920
Speaker 3: those normally come with an extension of the manufacturer's warranty.

154
00:08:04,240 --> 00:08:07,080
Speaker 3: That's if the vehicle's you know, still a fairly new car. Right,

155
00:08:07,120 --> 00:08:09,040
Speaker 3: let's say it's a two or three year old vehicle.

156
00:08:10,200 --> 00:08:13,320
Speaker 3: Now you can buy extended warranties and a lot of

157
00:08:13,360 --> 00:08:16,320
Speaker 3: these second hand lots they will send you an extended warranty,

158
00:08:16,440 --> 00:08:19,760
Speaker 3: but you got to redefined print. Some of them have deductibles,

159
00:08:19,880 --> 00:08:23,800
Speaker 3: high deductibles, or there's certain the only cover certain aspects

160
00:08:23,800 --> 00:08:27,080
Speaker 3: of the vehicle. So you got to be very careful

161
00:08:27,120 --> 00:08:30,000
Speaker 3: with those. You know, secondhand warranties. Some of them are great.

162
00:08:30,120 --> 00:08:31,440
Speaker 3: Don't get me wrong, some of them are great, but

163
00:08:31,480 --> 00:08:33,440
Speaker 3: you want to you have to do the Like I said,

164
00:08:33,480 --> 00:08:35,160
Speaker 3: you have to do the research. You got to redefined print.

165
00:08:35,160 --> 00:08:38,560
Speaker 3: Whenever you're signing these contracts. Go back to what I

166
00:08:38,559 --> 00:08:40,600
Speaker 3: was talking about with the interest rate. When you're paying

167
00:08:40,640 --> 00:08:45,080
Speaker 3: that interest and lets the vehicles depreciating, that's how you

168
00:08:45,200 --> 00:08:48,720
Speaker 3: end up what's called upside down, where you owe more

169
00:08:48,760 --> 00:08:50,520
Speaker 3: than it's worth. Right, you go to the dealership, you

170
00:08:50,559 --> 00:08:52,360
Speaker 3: go to trade it in, and they go, well, you

171
00:08:52,480 --> 00:08:55,240
Speaker 3: owe fifteen thousand, but the car is only worth ten.

172
00:08:55,720 --> 00:08:58,960
Speaker 3: So what happens is people take that five thousand dollars,

173
00:08:59,240 --> 00:09:02,200
Speaker 3: roll it into their next car, and essentially they're paying

174
00:09:02,280 --> 00:09:04,559
Speaker 3: for that old car in the price of their new car.

175
00:09:04,800 --> 00:09:07,240
Speaker 3: Not to mention they're paying interest on that also, So

176
00:09:07,280 --> 00:09:08,800
Speaker 3: you have to be very careful with that. You can

177
00:09:08,840 --> 00:09:12,960
Speaker 3: get into a really bad cycle of rolling negative equity

178
00:09:13,120 --> 00:09:14,600
Speaker 3: into the next car, in the next car, in the

179
00:09:14,600 --> 00:09:17,480
Speaker 3: next car. What I tell people who are in that

180
00:09:17,520 --> 00:09:21,679
Speaker 3: situation is your best option to end that cycle is

181
00:09:21,720 --> 00:09:25,640
Speaker 3: to lease a vehicle. Now you're gonna be paying more

182
00:09:25,720 --> 00:09:27,600
Speaker 3: because you're gonna have to roll that negative equity into

183
00:09:27,640 --> 00:09:29,400
Speaker 3: the vehicle. You may even have to put some money

184
00:09:29,440 --> 00:09:31,520
Speaker 3: down on the lease so the bank can look at

185
00:09:31,520 --> 00:09:35,960
Speaker 3: it as a favorable purchase, right, meaning why would the

186
00:09:35,960 --> 00:09:40,800
Speaker 3: bank give you forty thousand dollars for a vehicle that's

187
00:09:40,840 --> 00:09:43,880
Speaker 3: only worth thirty thousand, Right, they're gonna want to see

188
00:09:43,920 --> 00:09:45,760
Speaker 3: some money down. But at the end of three years

189
00:09:45,760 --> 00:09:48,440
Speaker 3: and you've made that those payments on time, but then

190
00:09:48,480 --> 00:09:50,760
Speaker 3: the three years you walk away, now you're out of

191
00:09:50,760 --> 00:09:54,320
Speaker 3: that negative equity cycle and your payment's gonna be much lower.

192
00:09:54,920 --> 00:09:57,920
Speaker 1: Yeah, I'm glad you brought up that and the warranty piece,

193
00:09:57,960 --> 00:09:59,360
Speaker 1: because that can get tricky a lot of times. It

194
00:09:59,400 --> 00:10:01,679
Speaker 1: will be fifty thousand. You buy a used car, it

195
00:10:01,679 --> 00:10:03,920
Speaker 1: already has thirty six thousand. That means you're only fourteen

196
00:10:03,960 --> 00:10:07,160
Speaker 1: thousand miles before happening to get it extended. Then you

197
00:10:07,160 --> 00:10:09,400
Speaker 1: have it for six years, and that extend that might

198
00:10:09,440 --> 00:10:11,360
Speaker 1: go to one hundred thousand. But by the time you

199
00:10:11,440 --> 00:10:13,640
Speaker 1: finish paying the six years, you've passed one hundred thousand,

200
00:10:13,840 --> 00:10:15,560
Speaker 1: and so those are the type of payments that you

201
00:10:15,640 --> 00:10:18,920
Speaker 1: can't account for that will come up inside of that deal.

202
00:10:19,280 --> 00:10:21,400
Speaker 2: But I'm walking warrantys.

203
00:10:22,120 --> 00:10:24,680
Speaker 3: Warranties work in two ways. Keep in mind, it's mileage

204
00:10:24,679 --> 00:10:26,800
Speaker 3: and time. So there's a thing a lot of people

205
00:10:26,800 --> 00:10:28,880
Speaker 3: don't know this. This is a thing called data first use.

206
00:10:28,920 --> 00:10:31,680
Speaker 3: It's called the DOFU right, data first use. So your

207
00:10:31,760 --> 00:10:34,120
Speaker 3: warranty starts from the data first use. Let's say you

208
00:10:34,120 --> 00:10:37,080
Speaker 3: have a four year warranty and you buy the vehicle

209
00:10:37,080 --> 00:10:42,680
Speaker 3: in November of twenty twenty three, right, So that's when

210
00:10:42,679 --> 00:10:46,280
Speaker 3: your warranty starts. So let's say you're a four year warranty.

211
00:10:46,360 --> 00:10:49,719
Speaker 3: November of twenty twenty seven is when your warranty expires.

212
00:10:49,880 --> 00:10:51,800
Speaker 3: If you come back and say, hey, you know what,

213
00:10:52,080 --> 00:10:54,200
Speaker 3: let's just say you bought a twenty twenty four in

214
00:10:54,320 --> 00:10:57,400
Speaker 3: twenty twenty three, right, Because cars come out early, right,

215
00:10:57,400 --> 00:10:59,640
Speaker 3: they come out for the next model year.

216
00:11:00,120 --> 00:11:00,520
Speaker 2: You don't.

217
00:11:00,600 --> 00:11:03,040
Speaker 3: You don't have a twenty till twenty twenty eight. I

218
00:11:03,120 --> 00:11:04,719
Speaker 3: say you bought a twenty twenty four and as a

219
00:11:04,720 --> 00:11:07,120
Speaker 3: four year warranty, but you bought it in twenty twenty three.

220
00:11:07,160 --> 00:11:11,839
Speaker 3: Your warranty expires November twenty twenty seven, not in twenty

221
00:11:11,840 --> 00:11:14,160
Speaker 3: twenty eight. So you have to keep in mind it's

222
00:11:14,240 --> 00:11:17,839
Speaker 3: mileage or time, whichever one comes first. You can say, hey, listen,

223
00:11:18,000 --> 00:11:20,520
Speaker 3: I have a forty eight thousand mile warranty and I

224
00:11:20,679 --> 00:11:24,120
Speaker 3: only had my vehicle for three years. If you hit

225
00:11:24,200 --> 00:11:27,480
Speaker 3: that time, I'm sorry. I've had my vehicle for past

226
00:11:27,520 --> 00:11:30,120
Speaker 3: the time that the warranties allowed. You're aut A warranty

227
00:11:30,160 --> 00:11:31,760
Speaker 3: doesn't matter if you're under on your mileage.

228
00:11:32,320 --> 00:11:36,000
Speaker 4: An illegal alien from Guatemala charged with raping a child

229
00:11:36,040 --> 00:11:39,839
Speaker 4: in Massachusetts. An MS thirteen gang member from El Salvador

230
00:11:40,080 --> 00:11:44,200
Speaker 4: accused of murdering a Texas man of Venezuelan charged with

231
00:11:44,280 --> 00:11:48,160
Speaker 4: filming and selling child pornography in Michigan. These are just

232
00:11:48,280 --> 00:11:52,040
Speaker 4: some of the heinous migrant criminals caught because of President

233
00:11:52,080 --> 00:11:56,239
Speaker 4: Donald J. Trump's leadership. I'm Christinoman, the United States Secretary

234
00:11:56,280 --> 00:12:01,040
Speaker 4: of Homeland Security. Under President Trump, attempted illegal border crossings

235
00:12:01,080 --> 00:12:04,280
Speaker 4: are at the lowest levels ever recorded, and over one

236
00:12:04,320 --> 00:12:07,559
Speaker 4: hundred thousand illegal aliens have been arrested. If you are

237
00:12:07,640 --> 00:12:11,560
Speaker 4: here illegally, your next you will be fine nearly one

238
00:12:11,559 --> 00:12:16,160
Speaker 4: thousand dollars a day, imprisoned and deported, you will never return.

239
00:12:16,480 --> 00:12:19,480
Speaker 4: But if you register using our CBP home app and

240
00:12:19,559 --> 00:12:22,920
Speaker 4: leave now, you could be allowed to return legally. Do

241
00:12:23,040 --> 00:12:28,120
Speaker 4: what's right. Leave now. Under President Trump, America's laws, border

242
00:12:28,360 --> 00:12:30,160
Speaker 4: and families will be protected.

243
00:12:30,280 --> 00:12:32,400
Speaker 1: Sponsored by the United States Department of Homeland Security,