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.

There is no vehicle quite as exhilarating as a convertible.  Motorists love to feel the wind in their hair and the sun on their faces.  Convertibles give drivers a sense of freedom that is hard to find in any other vehicle.  However, are convertibles a good purchase?  Read on and decide for yourself.

Automakers have spent a lot of time improving convertibles.  Motorists used to have to worry about retractable tops leaking, but that is a thing of the past.  Today, convertible tops are superb at sealing out weather and sound.  And whether fabric or metal, the tops can go up and down with the touch of a button in less than 30 seconds.

Convertible safety has also greatly improved.  Cars are now equipped with side airbags.  These airbags deploy from the line of the window in order to create protection.  This is important in the case of a crash or rollover.

Although the convertible market hasn’t been growing, there are many interesting choices for consumers to consider.  Models that are newer, such as the Volkswagen Eos and Saturn Sky have been doing well in sales.  You might also want to consider a high-performance convertible, such as the Dodge Viper SRT10, Audi RS 4 Cabriolet, or the Porsche 911 Turbo Cabriolet.  The benefit of buying a new convertible is that it comes with an auto warranty.

Unfortunately, many convertible owners admit that the novelty of driving a convertible wears off within the first year.  Luckily, convertibles hold their value very well, which means that if you become fickle, you probably won’t have a hard time getting your money back.

One of the most expensive hobbies is collecting cars.  But, here is a twist.  Purchase a new vehicle now that will become a valuable collectible in years to come.  The best part is that you don’t have to spend a fortune to purchase a value-appreciating car.  The following cars are on the road now, but will be regarded as nostalgic in 15-20 years.

First on the list is the Cadillac XLR-V Roadster.  This has a hand-built 4.4-liter V8 engine that puts out 443 hp.  This vehicle is a serious roadster and it competes with the Porsche 911 Cabriolet and Mercedes SL-Class.

The Lotus Exige S is also on the list.  For practical purposes, this car is miserable; after all you wouldn’t find it ideal for grocery shopping.  However, research shows that people admit their hearts beat faster when thinking about this ride.

Finally, the Mustang Shelby GT 500 KR is sure to be a collectible.  This car takes the GT500 in a bare bones form and makes it into a muscle car with540hp.  This car is a tribute to Carroll Shelby.

If you’re a car enthusiast, purchasing a current vehicle that is sure to be a collectible in the future is a smart financial move.  However, make sure that you purchase an auto warranty for these gems.  After all, the point is to keep these cars for many years.

For motorists who like to take things into their own hands, the Internet is the place to look for valuable information.  Consumers are seeking research online to aid them in buying a new automobile, finding out about car service, and finding a road service program.

A new study shows that 74 percent of people who do research on service and parts say they are utilizing the Internet more now than two years ago.  In addition, 90 percent of motorists researching service information about automobiles say that the Internet influenced their purchase.

Customers who are well informed can do a good job of describing issues for potential repair when they visit their mechanic for maintenance.  However, it can be a problem when car owners try to do significant repairs by themselves because many times they make misdiagnoses on their car.  This can end up harming their car more.

For example, if a motorist replaces the alternator because the car is having trouble starting, when in fact the battery should have been changed, it could cost hundreds of dollars to rectify the situation.

It is good for consumers to use the Web to research about cars because it can aid their mechanic.  However, motorists who think they can fix anything could end up stranded somewhere.  At any rate, it is always good to have road service and a good auto warranty.

The Insurance Institute for Highway Safety recently did a study of 20 small cars in real-world, low-speed simulated collisions that motorists encounter all over the country in parking lots.  Their findings were that some of the most inexpensive cars you can purchase would cost you a lot of money to repair, even with a mild tap at 6 mph.

In order to replicate the full bumper from another vehicle the organization used a barrier.  By doing this they were able to assess rear and full frontal collisions, and also rear corner and frontal collisions at 6 mph and 3 mph.

Coming out the best was the Ford Focus.  This car was the least expensive car to fix, at $3,031 in damages after being put through the four tests.  The worst performer overall was the VW Rabbit, which totaled $9,511 in damage.

These tests show that small cars have gotten very complex over the years, and that simple parts like headlights have become expensive to replace and repair.  This is why it is essential for drivers to have an auto warranty to cover unnecessary repair expenses.

The government has announced to carmakers that they must get a fleet average fuel-efficiency of 35 mpg by the year 2020, however Hyundai now claims that they will hit this goal by the year 2015, which is five years earlier.

How will the Korean company hit this goal?  Hyundai doesn’t just plan to move forward on developing new hybrid cars, but also to take an approach to its gas engines that are holistic, by discovering ways to take off a mpg here and there.

Some of the new technologies that Hyundai plans to use in its new cars include transmissions that increase efficiency, turbocharging, eight speed automatic transmissions, direct injection, integrated Stop and Go technology, and dual continuously variable valve timing. And, consumers can rest-assured that they wouldn’t end up paying for repairs of these technologies if they have a good auto warranty. Other carmakers plan to make changes that are similar, but Hyundai has a lineup that is relatively small, with no large trucks and SUVs, so it makes it easier to make a quicker mileage jump.

Hyundai’s increased fuel-economy will make consumers happy, since gas prices have been such a concern to all.  Currently, people have been pushing the limit and running out of gas often, which have put roadside assistance calls at an all time high.

Due to the poor economy, electric and hybrid cars are in great need these days.  However, these cars also will come at a cost.  They will strain scarce resources for water, according to a new study.

Every mile that is driven using electricity consumes approximately three times the water than a car using petrol.  Sciencedaily reported this.

Michael Webber and Carey King calculated the usage of water, consumption, as well as withdrawal during refining of petroleum and generation of power in the United States.

This does not mean that the impacts on sources of water make the shift undesirable.  Instead, the increase in the usage of water resources should be a consideration when people are planning for an automotive economy that is plugged-in.

Every technological advance has potential downfalls.  Vehicles that lack petroleum are good in many ways for out environment, and our wallets.  Also good for your wallet, is an auto warranty that protects you in case new technology fails.  Also, it brings drivers peace of mind.

Shopping for insurance isn’t as easy as many people make it out to be.  In fact, it requires a lot of effort to shop for the best deal.  Consumers need to compare not just the price, but coverage details and exclusions.  You don’t want to discover after a claim is filed that your policy with the terrific premium doesn’t include a type of coverage that you need.

According to the spokesperson for State Farm Insurance, it pays for people to shop around because coverage that is exactly the same can vary significantly from one carrier to the next.

The best thing to do is to call several large carriers and then contact a few independent agents to make sure you covered all of the bases.

When shopping for car insurance, the saying, “It’s too good to be true” definitely applies.  If the premium is very low, you may not be getting the coverage you need.

When you talk with insurance agents, make sure to ask a lot of questions.  Definitely find out what is covered and the cost, but also make sure you know how the claims will be processed.

Consumers should protect their wallets by purchasing insurance coverage that works for them, and make sure to have a comprehensive auto warranty.  By taking these steps motorists can rest-assured that they wouldn’t be paying unnecessary costs.

Unfortunately, drunk driving is a common practice that is responsible for thousands of car accidents and calls for emergency roadside assistance every year.  Ideally, motorists should take responsibility and not get behind the wheel after drinking, but this doesn’t always happen.

Toyota has taken this matter seriously.  Currently, they are in the process of developing a system for vehicles in which cars are able to detect if a driver is drunk.  If the vehicle detects that the motorist is trying to drive while intoxicated it will shut down the car automatically.

Vehicles that have this detection system will have sweat sensors on the steering wheel, which detect abnormal alcohol levels in a person’s bloodstream.  The car won’t even start if there are high alcohol levels in the driver.

This system will also become affective if abnormal steering is detected, or if a camera determines that the pupils of the driver’s eyes aren’t focused.  The vehicle will then slowly come to a stop.

Nissan Motor has also experimented with devices similar to breathalyzers that can detect drunken drivers.  Other technologies that are similar, like alcohol ignition interlocks, are already being used in the U.S. and other countries.

Toyota and Nissan have taken a step in the right direction.  Hopefully, these new car safety features will cut down on auto accidents and road service calls.  In addition, drivers need to protect themselves with an auto warranty.

When determining the amount of money you can pay for a vehicle you must consider your credit.  Yet, experts say that consumers should shop around at various dealers to make comparisons on special deals on financing.

To help with your car shopping experience, request a copy of your credit report by going through a credit agency.  This will give you knowledge when it comes time to talk to a dealer about your financing.

You can look at some web-based tools for help.  For instance, go to AutoTrader.com to find a credit center designed for people trying to purchase a car with poor credit.  This is one of the few websites that doesn’t require personal, confidential information.  In fact, you are only asked general questions that allow you to have privacy.

After filling out the questionnaire you will receive a credit level of excellent, good, or fair.  Then, you can search the car dealerships in your area that will be able to help you with your needs in regards to financing.

Look to websites to prepare you with information that will help you when you go to the dealership.  You can learn about the prices of cars, credit scores, and an auto warranty.  This will allow you to get the best deal possible.