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How To Make A Good Investment In A Car

images-451.jpgRegardless of the year or make, one of the biggest investments people will make is a vehicle.  Buying a used car is a great way for consumers to save some money.  However, risks can be higher, which is why an auto warranty should be purchased for the car.  Fortunately, there are ways that buyers can recognize the difference between dependable used cars and lemons.

The safest thing to do is to have the car that you are looking to buy checked out by a licensed mechanic.  However, there are some things that you can do on your own.

For instance, bring a soft magnet from your refrigerator to determine if there is damage underneath a new coat of paint.  You can run the magnet all along the fenders and doors, which are steel.  If it seems that the magnet won’t stick, there is probably a type of body filler under the paint.

Also, examine the inside of the vehicle for stains from water.  If the car was damaged in a flood, it could mean trouble in years to come.  You also want to look at the wear on the pedals of the vehicle.  It should be consistent with what the mileage claims to be.  If there is low mileage, there should be little wear on the pedals.

Don’t forget to examine the tires of the vehicle, too.  If you see wear on the outside edges of the tires, the car is probably out of alignment or might have components that are worn-out.

Knowing what to look for in a used vehicle will bring you peace of mind about your purchase.  Also, know that used car warranties will allow you to save on costly repairs that are unforeseen.

Where Is A Great Place To Find Used Cars?

images-441.jpgMost consumers rely on major car hire companies, such as Avis for rentals on vacations or business trips.  However, people don’t realize that firms such as these are excellent sources of reasonably priced used cars.  Avis’ business is to rent cars but they also sell their cars.  Buyers can save big if they purchase a car from Avis instead of traditional dealers. This allows you to put your money towards an auto warranty that will protect your vehicle.

Avis sells cars that are more than one year old, which allows them to make way for more recent models.  This ensures that Avis’ fleet is current and well maintained.  If certain vehicle models turn out to be very popular, Avis may sell them early, after the vehicle as passed a particular level of mileage.

Another advantage of buying a used vehicle from Avis is that their cars are treated with paint that is metallic.  This is usually not the case when dealers sell used cars.  Some motorists are hesitant to buy a second-hand car from rental firms because they feel that these vehicles have endured a lot of wear and tear.  After all, the cars have been driven frequently and for long distances.  However, Avis points out that cars up for sale are younger than six months old and haven’t been driven for more than 13,000 miles.  Another bonus is that in some cases, the vehicle’s warranty is still valid.  However, it only lasts for about a year, so it is important to shop around for an auto warranty that will protect your investment for longer.

Women Choose Cars With Safety In Mind

images-421.jpgWhen it comes to car features, experts claim that women take more of an interest in safety than men, while men are more concerned with the performance of a car, and the technical gadgets.

The interest that women have in safety is basically limited to safety features that are passive, such as rollover protection, airbags, and advanced seat belts, not active safety features, such as electronic stability control, and lane departure warnings, which help motorists avoid accidents.  The reason for this is that men take more of an interest in playing around with the latest technology than women do.

Generally, women request the safety features that are going to help their children remain safe.  In other words, women’s motherly instincts play a role in the safety features they choose.

In addition, women tend to have a more practical approach to vehicle shopping than do men.  That is why women’s purchases have more to do with safety, as opposed to how long it takes for the car to go from 0-60 mph.

Although men typically know more about cars than women, women seek out information about cars before purchasing.  This means that they end up purchasing cars that are safer.  Also, they make sure to purchase an auto warranty to maintain their cars.

What Will Drivers Do To Save Money?

images-401.jpgConsumers have been more concerned than ever about saving money on their vehicles.  They are doing everything from purchasing small, fuel-efficient cars, to purchasing an auto warranty to ensure they don’t pay unnecessary repair expenses.  But are they willing to skip the amenities that come in new cars, such as air conditioning, an automatic transmission, and power locks and windows, to save money?  And are stripped cars even available?

The truth is that it can be hard to find a car stripped with crank windows and a manual transmission.

According to JATO Dynamics, 89% of vehicles sold in America last year came standard with automatic transmissions, which is up from 85% in 2003.  Also, power locks came standard on 87% of cars sold, compared to 80% in 2003.

The vehicles that offer these features as optional tend to be on small cars, yet economy-car buyers usually pick convenience and comfort over cost if given a choice.

For example, the cheapest model by Toyota is the Yaris, which begins at $11,550 for a 2008 base model hatchback with air-conditioning.  However, approximately 80% of Yaris buyers choose to pay an extra $900 for an automatic, and about 60% opt for a power windows and locks package, which costs an extra $1,680.

It appears that features, such as air conditioning, and automatic transmissions are necessities that most people aren’t willing to live without, just like new car warranties.

Tax Credit For Diesels

images-11.jpgBMW is following in the footsteps of other carmakers with diesel cars, like Volkswagen and Mercedes, by qualifying its two diesel models for income tax credits by the federal government.

You will receive a $900 credit on your next tax return for the 2009 BMW 335d sedan, and $1,800 on the 2009 X5 xDrive35d SUV.  Both of these cars use BMW’s 3.0-liter, twin turbo inline six cylinder diesel engines and both are eligible for these credits under the Advanced Lean Burn Technology Motor Vehicle tax credit program.  The X5 is rated 19/25 mpg and the diesel sedan gets 23/33 mpg.

This sounds wonderful, however you have to remember that the 335d costs $43,900 including new car warranties and the X5 xDrive35d has a base price of $51,200 with an auto warranty.  It’s doubtful that a savings of $900 will really do much to help stimulate the economy.

How To Resist Buying A New Car

images-61.jpgIt can be overwhelming to purchase a new vehicle, but keeping a vehicle can be worse.  Television ads are enticing and make it difficult for car shoppers to resist a new vehicle.  However, with the economy being difficult, it pays to not give into temptation.

In the U.S. motorists find it hard to drive the same vehicle for more than five years.  However, an auto warranty on your current vehicle, and some common sense tips can help you avoid an unnecessary purchase.

If your current vehicle is Japanese you are in business.  For example, the Honda Civic will run forever.  You may get a little rust on it, but it will never die.  And although cruising in a ’92 Toyota Tercel might not get you a hot date, it offers you great reliability.

Next, it is important to do your research.  This can actually prevent you from purchasing a vehicle.  It is easy to become overwhelmed with all of the options available in your price range.  And if you don’t have an auto warranty on your current car, research used car warranties.

Lastly, focusing on a specific make and model is good, especially if it hasn’t been made for over a decade.  There are slim odds that you will find the vehicle on the market with under 300,000 miles.

So, what happens if you still want that new vehicle after researching for weeks?  What if your old Tercel is steering toward the dealership?  Just keep in mind that a new car’s value will drop as soon as it pulls out of the dealership.  Holding onto your clunker will save you a lot of money in the end.

Why Pickups Might Not Be The Best Family Vehicles

images-59.jpgAccording to recent tests, pick-up trucks may not be as safe as originally thought.  For example, the Nissan Navara only received one star out of five for adult safety.  The Navara has a risk of injury that could be life threatening.  Also, the vehicle only got three stars for child protection, and two for pedestrian protection.

Also facing criticism is the Isuzu Rodeo, which only got two stars in regards to adult protection.  Also, the Rodeo had an unacceptable risk for life threatening injuries.  The vehicle received one star in regards to protection of pedestrians and two for protection of children.

Isuzu, however, claims that it tested the Rodeo internally and it received three stars.  In addition, the Rodeo has had a good record concerning real accidents.  It actually received testing of over 1 million km before its original launch.

The Mitsubishi L200 is another low scoring pickup in regards to safety.  Although the vehicle received four stars in regards to adult protection, it only got three stars for the protection of children and one star for the protection of pedestrians.

Manufacturers of pickup trucks have been adding options that attract families.  Yet, it is important to keep in mind that pickups may not be the best option for families.  If you have a pickup truck make sure that you purchase an auto warranty for it.  According to tests, it is evident that pickups might not be as sturdy as originally thought.

Certified Pre-Owned Cars Are A Smart Choice

images-58.jpgIn today’s world, the divide between new and used cars are less distinct because of certified pre-owned programs that manufacturers support.  Now, consumers can purchase luxury vehicles that appear to be brand new.

Mercedes Benz was the first auto manufacturer to offer a certification program that was comprehensive in 1989.  Lexus then began a certified pre-owned program in 1993, and since then over 30 car manufacturers have introduced similar programs.

Buying a pre-owned vehicle is now a savvy alternative that allows motorists to minimize their risk and maximize their value.  That’s because these programs take the hottest pre-owned vehicles, recondition them, add an auto warranty, and sell them.  No matter what your budget is, you will enjoy spending less money on a depreciating asset.  This allows you to put your cash towards a better use, such as maintenance costs and roadside assistance.

The certified-pre owned car market has revolutionized the car market.  Consumers are realizing that they can get a luxury vehicle that is like new, complete with an auto warranty and peace of mind.  This is a great option for any car shopper.

What Makes Some Cars Have A Cult Following?

images-57.jpgSeveral small vehicles have had cult status, the French Deux Chevaux, the Volkswagen Beetle, and the original Mini.

All of these cars were popular in their day.  However, they also had something else; an indefinable quality that gave them a cult following.

Today, there are new vehicles with a retro-style in the American market.  The New Beetle by Volkswagen in 1998, the PT Cruiser by Chrysler back in 2000, and the Mini all qualify.

All of these cars have similar qualities.  They look great, and handle well.  In addition, they have a classlessness that allows people to make a statement without announcing that they have tons of money.  Motorists drive them because they are tons of fun and they have personality.

Small vehicles in the U.S. are making a comeback, and a few of these have cult status.  Consumers like to drive a “cool” car with personality and they take care of it until it dies.  This is why people buy an extended auto warranty so they can keep their cars running without paying unnecessary repair costs.

As Unemployment Increases, So Do Uninsured Drivers

images-56.jpgAs the economy declines, more motorists are trying to save money by abandoning their car insurance.

According to the Insurance Research Council, the uninsured rate and the unemployment rate are directly correlated.  When unemployment increases 1%, uninsured drivers increase a half-percent.  Unemployment is up a great deal since last year.

In a study that is coming out next month, the council claims there have been several hundred thousand drivers that have let their insurance lapse, or dropped it in the last year.

What this means is that your odds of getting hit by a driver that is uninsured have gone up drastically, and usually people who are uninsured don’t have very many assets if you plan to sue for damages.

For people who have the funds, coverage for being hit by underinsured or uninsured drivers has become a necessary protection even though it raises your premium 7% to 9%.  And, you don’t want to let your insurance lapse because you will be charged a 25% to 50% surcharge for a new policy.  Also, drivers should protect themselves with a good auto warranty.



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