Used Car Warranties

New legislation was announced by Senator Barbara Mikulski, D-Md.  This legislation is intended to stimulate the sales of new cars by allowing buyers of new cars to deduct auto loan interest and any excise or sales fees from the buyers’ income tax.  This plan would cover the sales of all new trucks and cars from now until Dec. 31, 2009.

The senator claims that a family would be able to save $1,553 on a vehicle that is $25,000 under this plan.  This deduction would just be for families that make less than $250,000 and individuals that make up to $125,000.

While most new-vehicle buyers would probably welcome the idea, it might not be a big enough incentive given the poor economy.  Of course, when you look at all of the other fantastic incentives that have been offered lately, it may just be the best market for buyers in recent history.

Of course, many people will choose to stay home and hold onto their current cars and buy used car warranties instead.  Unfortunately, consumers are reluctant to make any big purchases at this point.

New teen driving laws have now taken effect, which will help teens sharpen their driving skills.  During the first driving year, teens won’t be able to drive late at night or carry multiple teenage passengers.

The Department of Public Safety claims that teens in Minnesota are overrepresented in car accidents every year because of distractions, driver inexperience, driving at night, and not using seat belts.  From 2005-2007, drivers who were 16 and 17 yrs old had involvement in 116 crashes that were fatal, which resulted in 133 deaths.

Having these laws will allow teen drivers to be safer and result in less injuries and deaths on roads in Minnesota.  Also, having used car warranties and maintaining cars will help teens stay safe on the roads.

The limitation on nighttime driving during the initial six-month licensure period will prohibit teens from driving after midnight, until 5 a.m., unless they are accompanied by a driver of at least 25 yrs of age.  Drivers who are 16 and 17 yrs old are approximately three times more likely to have a car crash resulting in a fatality at night than in the daytime.

The limitation on passengers for the initial six-month licensure period will allow just one passenger under 20 yrs old, unless there is a parent or guardian in the car.  Throughout the second six-month period of licensure, there can’t be more than three other people in the car under 20 yrs old, unless there is a parent or guardian in the car.

It is recommended by the DPS that parents help reinforce these laws and protect their children by making strict driving rules, purchasing an auto warranty, and keeping cars maintained.

Recently, J.D. Power and Associates conducted a study, finding that now that the EPA has changed how it tests cars, motorists are finding that they get better mileage out of their cars than what was advertised.

Before the EPA decided to update its methods to reflect a more accurate view of modern driving conditions, motorists were consistently reporting that their combined average for fuel economy was less than the EPA rating advertised.

For example, before the update, back in 2007, motorists claimed that they got around 97% of the fuel economy that was advertised.  This was 3% worse than what was advertised.  And after the new standards for testing were implemented in 2008, motorists claimed they got around 105% of the fuel economy posted.

For drivers who are money conscious and calculate driving costs, such as insurance, used car warranties, and gas costs, they will have a pleasant surprise with their gas mileage.

Many people believe it is easiest to trade in your current car when buying a new one.  However, is trading the right choice for you?  There are some advantages and disadvantages to trading.

The big advantage to trading over selling is that you have very little hassle.  You don’t have to haggle with buyers and you get rid of your car quickly.  However, the fact is that you aren’t going to get as much for your car if you trade it in.

Any used vehicle has a specific retail value.  If a dealership is going to sell that vehicle, they will have certain expenses, such as fixing dents and scrapes, cleaning it, and just overhead costs of running their business.  Therefore, the dealership has to sell it for a little more than a private owner would.

Since dealers need to make a good profit on used vehicles, they purchase them for less than the retail value.  When the dealership takes a trade in vehicle, they are essentially purchasing it from the new car customer, and at a price below the retail value.  Essentially, this is called the trade in value.

Although trading in your car is easier than going through the hassle of trying to sell your car privately, you are going to get less money for your vehicle.  If you sell your vehicle on your own, you can put the extra money you get towards important things such as an auto warranty and maintenance costs.  And with used vehicles, used car warranties are a smart choice.

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 summer of $4 per gallon gas, demand has continued to stay low.  American motorists have pretty much completely stopped purchasing cars that get low-mileage and have given up on large gas-guzzlers, even since oil prices have fallen drastically. Many motorists are just holding onto their current vehicles and purchasing used car warranties. People are still driving fewer miles, even as gas prices go down.

Whatever the cause may be of the summer’s oil spike, it seems that there is no going back.  The most solid sign of demand destruction is carmakers’ shift to vehicles that are more fuel-efficient.

It might just be that the most oil-hungry country in the world has finally had enough, or maybe OPEC and the oil industry are driving down prices again as quickly as possible, hopeful for one last hurrah.

There’s no way to get around the fact that vehicles experience damage, often irrevocably, everyday in America.  According to recent data, in the early part of 2008, approximately 1.3 million cars were tagged as damaged, either because of accidents or severe weather.  When damage such as this occurs, it is required that the car’s official title be “branded” as Lemon, Salvaged, Flood, etc, in order for used car shoppers to be protected from buying a poor product.

However, it is predicted that at least 15% of the 2008 damaged cars, or a total of 185,000, have gotten new titles in other states that don’t include the offending “brand”.  This sort of “title-washing” leaves buyers in the dark, and causes them to purchase vehicles that they otherwise wouldn’t have considered.  This is leading to a high level of unsafe vehicles on the road that often requires emergency roadside assistance.

Of course it is no secret that there can be pitfalls to purchasing a pre-owned car.  Unfortunately, consumers can inherit other people’s car problems.  This is why it is important to do your homework before buying a used car and always access vehicle records online.  In addition, you should purchase used car warranties to protect your wallet.

Most people realize that hypermiling is not the safest practice; in fact it leads to car accidents. However, many people still do it.  Well now, AAA is weighing in with their view on the subject.

AAA has released a very strong warning saying that practices to save gas, in which illegal driving techniques are used, are dangerous, and therefore shouldn’t be used.  They are referring to practices like drafting off of other cars by tailgating, rolling stops, and turning off the car while driving.

Other gas saving practices toe the line of acceptability.  For example, motorists who have manual transmissions sometimes cruise in neutral to conserve fuel.  This practice is fairly common, yet safety advocates express concerns about motorists not having complete control of their cars.  Also controversial is the practice of utilizing neutral with automatic transmissions, however some drivers who do this say that they can do it safely.  AAA also doesn’t bring up the fact that there are numerous local laws having to do with improper driving, like not keeping your vehicle in gear.

Although motorists are tempted to do anything possible to save money on gas, including skimping on an auto warranty, people need to realize the danger involved in illegal driving techniques.  Unfortunately, hypermiling has been known to lead to car accidents, which is why it is important to have roadside assistance. In addition, drivers should have good used car warranties to avoid unnecessary repair costs, should they arise.

In order for a vehicle to maintain its peak performance motorists must get routine maintenance and service.  This will also keep your car prepared for difficult driving conditions that come up. Purchasing used car warranties is a good idea so that you don’t dread taking in your car just to find that it requires additional repairs.  To keep your car in tip-top shape, follow these tips.

First, check your tire pressure on a regular basis.  To keep track, you should do it every other time that you get gas at the pump.  In addition, check your tire treads to look for wear and tear and ensure that there isn’t any cracking.

Second, get regular car washes to keep a nice, shiny exterior.  And add a coat of wax to keep away corrosion.

Don’t forget to be aware of your check engine light.  Don’t ignore it if it lights up.  Make sure to take your car to a professional in this case so that you don’t have expensive repairs down the road.  Of course an auto warranty will help you avoid unnecessary repair expenses.

Lastly, determine a service schedule with a mechanic and keep it.  Your car has certain parts that a professional should look at periodically.  Look at your owner’s manual in order to determine what maintenance schedule is best for your car.

Just by following these tips you can head off unnecessary repairs in the future.  However, you want to make sure you have an auto warranty to protect your wallet.

We’ve all been there.  You’re driving along when all of a sudden you hear sirens blaring behind you.  You realize that you are going to get a speeding ticket and you really don’t have the extra funds to pay for it.  With all of the expenses you’re already paying for your vehicle, such as used car warranties, maintenance, and loans, the last thing you need is the added cost of a speeding ticket.  Well, never fear because the Trapster just may save you.

Pete Tenereillo of California invented trapster.  Essentially, this is a social network where motorists can use their cell phones to alert other drivers about speed traps that they have encountered.

All you have to do is sign up for a free membership at the website and then download the Trapster software on your cell phone.  Most of the latest cell phones, PDAs and Blackberries can accommodate this software.

After signing up, you’re ready to get out and start driving.  If you come across a state trooper looking for speeders you hit “pound 1” on your cell phone.  This alerts other motorists when they approach the same spot.

This system is ideal because it’s “hands free”, which means it’s safe for drivers.  Also, sophisticated cell phones can allow a map to be displayed where the speed trap is.

What features, besides an auto warranty, can help older drivers stay safe and comfortable on the road?  The American Automobile Association has the following recommendations to help older drivers.

First, it is helpful to have a steering wheel that tilts and telescopes.  This puts the driver 10 inches from the airbag, and also alleviates shoulder and neck pain.

Also helpful are mirrors that allow for wide visibility.  This allows older drivers to compensate for a limited range of motion.

Seats that are heated with lumbar support allow relief from an aching back.

Six-way adjustable seats allow drivers who are short to see over the steering wheel, and allow for an easier entrance and exit out of the car.

A car with adjustable foot pedals will allow small drivers to be able to reach pedals while remaining far enough away from the airbag.

Four doors are better than two for older drivers because they are lighter and easier to open and close.

Purchasing the right car for an older driver is important for safety reasons.  Keep these things in mind to help your loved one stay safe on the roads, and don’t forget to purchase used car warranties to avoid unnecessary repair expenses.