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Chrysler’s Extended Lifetime Warranties

images8.jpgAlthough certified pre-owned warranties are very similar, they do vary some depending on the car manufacturer.  They combine the manufacturers original auto warranty with a certified pre-owned auto warranty, and then offer roadside assistance along with other benefits.  The advantages are apparent: instead of taking a risk with a used car that you know nothing about, you get a car with a complete history and an auto warranty.

Chrysler decided to go one step further and offer extended service contracts for Jeep, Chrysler, and Dodge certified pre-owned vehicles.  The contracts will be divided depending on what they cover.  For instance, the Lifetime Powertrain Care will cover transmissions, engines, and drivelines; the Lifetime Added Care Plus will cover those mechanisms and also electrical functions in the interior, suspensions, and fuel systems; and the Lifetime Maximum Care plan will cover all of the above with just a few exclusions.

Chrysler has not yet announced pricing plans for these contracts, so it isn’t clear how much more consumers will have to pay to get a lifetime component auto warranty, or whether consumers will want the used car warranties at all.

Rental Cars Make Great Used Cars

images-10.jpgMost people depend on major car companies, like Avis for rentals on business trips and vacations. Yet, most people don’t realize that firms such as these are great sources of well-priced used vehicles.  Avis’ business is rental cars, however, they also sell their older models.  Car shoppers get a big savings by purchasing a vehicle from Avis instead of car dealers.  This gives people the opportunity to put their money towards used car warranties that will protect their car.

Avis sells their vehicles that are more than one year old so they can make room for more recent models.  This is how Avis ensures that they have a well-maintained and current fleet.  When certain car models prove to be popular, Avis often sells them early, after the car has passed a certain mileage.

Another good thing about purchasing a car from Avis is that they treat their vehicles with metallic paint.  On the other hand, car dealers usually don’t do this.  One concern that car shoppers have is that rental cars have been through a lot of wear and tear.  Yet, Avis points out that vehicles for sale are around six months old and less than 13,000 miles.  Also important is that many times the car’s auto warranty is still valid.  However, the auto warranty will only last for approximately one year, so it is important to shop around for used car warranties.

Is It Time For You To Downsize Your Vehicle?

images-62.jpgWith fuel prices at an all time high, motorists are trading in their giant gas-guzzlers for smaller, more efficient cars.  And although this makes sense, if you switch out cars too soon you could end up paying more costs overall than you’ll save on fuel.  Consumer Reports claims that it is beneficial to downsize if you time it correctly.

A Consumer Reports study shows that if you haven’t paid off your car loan yet, it may not be to your benefit to downsize after only three years.  A car loan is made up of a large percentage of interest initially, so, if you trade in your vehicle too early you will end up with less equity, which will give you less for a down payment on a new vehicle.

Another thing that has a big affect on your car equity is depreciation.  For the first five year of owning a car, depreciation is approximately 48% of overall vehicle costs for the owner.  And on average, fuel costs are only equal to around 21%.  Depreciation is the greatest in the first three years, and after that it starts to level off.

So if you trade in a car three years old, you will start over with a whole other depreciation ride.  However, it makes sense to trade in your vehicle if you have owned it for more than four years.  But, whenever you keep a vehicle for a long amount of time you should purchase used car warranties for peace of mind.

What Vehicles Are Suitable For Teenage Drivers?

images-45.jpgIt is important to consider reliability and safety when purchasing a car for a teenage driver because teens don’t have a lot of experience.  Look for cars that score high in crash-test results and safety features.  Also, make sure you have a good auto warranty for the car you purchase because teens tend to be hard on vehicles.

In crash tests, big heavy vehicles typically perform the best, although they are harder to handle and have poor fuel-efficiency.  Large pickup trucks and SUVs aren’t recommended for teens, though, because they roll over easier than other cars in an accident.

A mid-size sedan with good crash test and safety ratings is the best bet for teenagers.  Some of the sedans with these features include the Toyota Corolla, Honda Civic, Ford Focus, Acura RSX, Mazda 3 and Subaru Impreza.

The best thing that you can do when purchasing a vehicle for your teen is to find the newest possible model that is very reliable.  Take a look at the Insurance Institute for Highway Safety to find out the crash test results for cars that you’re interested in.  And, to protect your wallet purchase used car warranties.

The 2009 Chevrolet Aveo Offers Incentives

images-43.jpgIf you’re looking for an entry-level car, the 2009 Chevrolet Aveo is the way to go.  This car is inexpensive, small, and offers minimal accommodations and features.  And, with a starting MSRP of approximately $11,000 including new car warranties, the Aveo is an option for young drivers and bargain shoppers who want a passable new vehicle at an affordable price.

For this month only the Aveo is even cheaper, if you can believe it.  Chevrolet is advertising a national incentive of $2,000 on the vehicle, which is a 17.5% discount from the original price of the car.  That brings down the sticker price for either the sedan or the Aveo5, which is a hatchback, to under $10,000.  With such a large discount, it doesn’t seem so daunting to add satellite radio.

Everybody is looking for a bargain these days because of the poor economy and high gas prices.  Many people opt to hold onto their current car longer and buy used car warranties, but with a price of under $10,000, the Chevrolet Aveo has opened up more options.

Why You Should Buy A Used Car

images-32.jpgAh, we all love the smell of a new car.  It’s a wonderful intoxicant for many, luring them back to that same car dealership as soon as it fades.

However, if you can survive without the strong fragrance during your commute in the morning you’re in luck.  Choosing a good used car can be fun, reliable, and save you tons of money.  Take a look at the reasons you should buy used.

Cars are now being made so that they are more reliable than ever.  You can consult Consumer Reports’ list of the best used car to find a great choice.

When you buy a used car you are avoiding the depreciation hit.  In the first two to three years of a car’s life its value declines drastically.  Buy a car that’s two years old and you will save money while still having that new car smell.

Also, you can get more car for your money.  For instance, if you have been wanting that BMW for the price of a Honda, this is your chance.

Now there are dealer “certification” programs.  In this case the dealer inspects, repairs, and certifies used vehicles and they come with an auto warranty.  This brings peace of mind to a car shopper.

Just remember, if you’re thinking of buying a used car that’s not certified make sure to do a CARFAX check on its VIN and purchase used car warranties to go along with it.

Will The Hummer Survive?

images5.jpgOne of Hummer’s largest dealers in the country is closing down. The Wall Street Journal reported that Towbin Hummer is about the eighth Hummer dealership to shut their doors this year because of a consumer shift. Consumers are struggling with the economy and high fuel prices, and therefore are purchasing small, fuel-efficient vehicles. Some motorists are even opting to keep their old vehicles and purchase used car warranties.

Towbin was the only Hummer dealer in Las Vegas. However, Dan Towbin is a Hummer enthusiast and is the owner of other car dealerships in the Sin City. He will be opening a Smart store late in the year.

The Wall Street Journal points out that Las Vegas’ culture is excessive, which makes the closing of a Hummer dealership surprising. Maybe, the plummeting housing market is responsible for consumers’ ability to shop for luxury SUVs. However, if Hummer isn’t able to survive in Las Vegas, you have to wonder if it will be able to survive at all.

The Perks Of Purchasing A Pre-Owned Vehicle

images2.jpgA lot of people are set on buying a new car.  Yet, if you can purchase a high quality used car for a portion of the price of a new vehicle, why wouldn’t you?

For instance, you will pay about $15,000 for a 2009 four-cylinder Toyota Corolla.  However, because of depreciation, that car would be worth approximately $10,000 in three years.  It would be a great choice to purchase a good used car for that low price.  You don’t just benefit in the purchase price of the vehicle, you also save money on loans and used car warranties.

Make sure to do your homework before buying a car.  You can get plenty of information about cars from the Internet and periodicals on everything from reliability ratings to the cost of an auto warranty.

Many people don’t think they have enough time to research vehicles.  Yet, it is necessary to realize that you can keep $6,000-$8,000 in your pocket just by researching for four hours.

Tire Shopping

images1.jpgIt is safe to say that most people don’t find tire shopping among their favorite things to shop for.  We all just want a set of tires that fit correctly and will keep us safe on the road.  Nevertheless, there are a few things to keep in mind before shopping for tires.

First, don’t buy used tires.  It isn’t worth saving a few dollars to sacrifice performance and traction, because unfortunately you’re also sacrificing safety.

Next, make sure to know what the factory size of your tires is.  To find this out, look on the inside of the door hinge on the driver’s side of the car.

Take the time to shop around for good deals on tires.  Making price comparisons on the Internet is easy, but don’t forget to factor in installation and shipping costs.

Finally, before buying tires, research different tires.  All tires aren’t made the same, and the expensive ones aren’t necessarily the best quality.

Although tires may not be your favorite things to shop for, they are as important as used car warranties.  Just follow these tips to get a good price on quality tires.

How Long Will It Take For America To Go Hybrid?

images-66.jpgImagine one day waking up to find that the only vehicles on the roads, in driveways, and in parking lots were electrics or hybrids.

CNW Marketing Research made some calculations to determine when America would become completely hybridized, and could stop depending on Middle Eastern powers for barrels of oil.

Based on the amount of people who live in America today (300 million), the number of cars driving on U.S. roads (11 million), the number of new cars that are sold in a year (15 million), and the number of those purchased cars that are hybrids, CNW calculated that in 2034 there is going to be:

• 357 million Americans
• 381 million cars, all hybrid or electric
• 15.7 million cars written off
• 18.1 new cars sold that are all hybrid or electric

It may seem like a long timetable, but it’s not unreasonable when you consider that every car being built and sold would have to be a hybrid, and every car on the road would have to be replaced with a hybrid vehicle. Also, many people are holding onto their old vehicles and buying used car warranties because of the poor economy, so that is slowing things down.



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