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.

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 sell cars with big issues, for fear that they’ll have to fix them down the road.  If you test drive a vehicle that doesn’t make awful noises and feels pretty good, chances are it is fine.  Dealers don’t like to sell junky cars.

However, it is still a smart idea to have a trained professional take a look at your vehicle.  If the dealer claims the vehicle was inspected by it’s mechanic, request to view the paperwork.  If the dealer can’t produce them, make sure an outside technician sees the vehicle.

Also, it is important to check that the car has a clear title and that it hasn’t ever been in a big accident.  You can tell the dealer to go on Carfax or AutoCheck to confirm this.  Both of these sites have a fee to trace the car identification number for odometer and service registrations, and accidents.  However, often dealerships will check the vehicles on their lot free of charge.

Typically, it’s safe to buy a used car from a dealership; however, it never hurts to take these quick steps to ensure you don’t get a lemon.  In addition, used car warranties will give you peace of mind in case you need repairs.

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 good auto warranty.

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 used car warranties to protect your wallet.

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.

One of the family activities that are the most fun is going on road trips.  Over the spring and summer, American families will go on over 320 trips.  Although enjoyable, frustration can accompany families on the road.  Take note of the following do’s and don’ts in order to ensure that your family has a great trip.

The most important thing that you can do is to get your family vehicle a tune-up.  Your vehicle needs to be in top-notch condition.  Nothing is worse than having your car breakdown, leaving you stranded.  This is why an auto warranty is a necessity.

You should plan ahead so that your family knows what is happening during the trip.  This will alleviate stressful situations and help things to go smoothly. In addition, you might want to purchase software to plan your trip and invest in a GPS.  This advanced technology will act as your guide to your desired destination.

Of course, you never know when you will run into speed bumps throughout your trip.  For example, road construction and traffic are inevitable.  However, your trip doesn’t have to be ruined by these inconveniences.  In addition, you can rest assured if you have used car warranties.

As part of its “new day” celebration last February, Chrysler introduced a very unique promotion for its minivans: Purchase a minivan, and receive a free DVD player for the rear seat.  Since the promotion, it’s difficult to argue that Chrysler has experienced something that resembles the optimism that a new day brings; yet that hasn’t stopped the carmaker from bringing back the same DVD offer.

When consumers buy a Chrysler Town & Country, Dodge Grand Caravan, Jeep Grand Cherokee, or Jeep Commander they will get a free DVD entertainment package for the rear seat.  In minivans, screens are included for the second row, as well as the third row.  This deal applies nationwide and are in addition to other great deals, such as financing incentives, great new car warranties, and cash-back incentives.

Chrysler is hoping to spark consumer interest by putting forth red-hot deals.  Unfortunately, many motorists are currently opting to hang onto their current cars and purchase used car warranties to protect their wallets.

General Motors recently announced that it is extending an auto warranty offer on its certified used trucks and cars, citing quality gains and less auto warranty-funded repairs.

GM claims it will begin to offer a 12-month, 12,000-mile auto warranty that is “bumper to bumper” on all certified used trucks and cars that are eligible for the coverage by GM dealers.

This change will start September 13, and will extend the terms of the GM auto warranty on late model used vehicles in good condition an extra 9 months and 9,000 miles.

This step comes one day after an announcement by GM that it is putting out a new discount program on new trucks and cars that will provide employee-level pricing to new buyers.

GM, as well as other U.S. carmakers, has been arguing that their quality improvements in their vehicles have long been ignored by American consumers.

In response to this, the Big Three have offered more generous used car warranties over the last few years in order to gain consumer confidence.