Archive for October 24th, 2008

California’s Air Resources Board withdrew its stringent mandates for vehicles with zero-emissions, in favor of hybrids that are charged with mainly electricity. California is the biggest and most important car market in the world.  In fact, over 2 million vehicles are purchased in the state every year. Consequently, the most new car warranties and auto […]

In the oil industry there is an economic term that is quite sinister-sounding being thrown around: “Demand destruction.” Demand destruction is when the price of a product is looked at comprehensively as too high, therefore causing demand to tank. So, why would the oil industry be concerned about this?  Well, the fact is that since […]

The decision to buy or lease can be a difficult one.  Car shoppers should consider more than just their budget.  Typically, leasing tends to be cheaper, but it also leaves drivers with no equity after the contract is up.  There are some important factors to keep in mind when making this important decision. First, you […]

One tactic that people use to sell a pre-owned car is to detail it until it looks brand new.  However, beware, a motor that is steam-cleaned won’t fix a gasket that is blown.  This is why it is important to purchase an auto warranty. Having said that, dealerships that are reputable typically won’t try to […]