College students who live far from their school find it hard to commute on a daily basis.  It can be tough to wait for a bus, as well as time consuming.  Having a vehicle can help a great deal in this situation.  But students are usually tight for cash, so they need to get car loans for students.

Students need to plan their budget well.  Purchasing a pre-owned vehicle is a great option for students because they are cheaper than new vehicles.  Of course there are other expenses, such as insurance, maintenance, used car warranties, and fuel that come along with car ownership.  So, it is necessary to consider these factors when calculating the cost of buying a car.  Car loans for students are designed so that students can repay them without problems.  Loans such as these are offered through banks and financial companies.

Students with poor credit are even eligible to apply for car loans for students; however, their interest rate will be higher.  To make the interest rate lower, students can arrange to have a co-signer.  Auto loans for students are considered secure because if the student can’t repay the loan, the lender will take the car, and it will be sold to recover the loan amount.

Luckily, as of now, not all of the economic news is tragic.

According to economists from Comerica Bank, vehicles have currently become more affordable than has been seen in 28 years. So, the last time vehicle shoppers’ purchases made up this small of a piece of his or her income, fuel prices were higher than ever and comedians were telling jokes about how old presidential candidates were.

Comerica says that the average cost of a light vehicle currently is $27,704, including new car warranties, and the average amount of money that people spent on a vehicle fell $700 this quarter, to approximately $23,900. Motorists have been keeping their payments down by stretching out how much time they will take to pay it off, which is currently more than 62 months.

Incentives have started the trend, which continue to get better as dealers try to get rid of inventory (they especially look appealing if you want to purchase an SUV or truck), but for the most part, motorists have just begun to want less-expensive models.

Car dealers have haggled with car shoppers for years. This practice has allowed salesmen to con buyers into buying cars and new car warranties, using all kinds of negotiating strategies. But car dealers have paid for it by being known as untrustworthy.

Some dealers are changing their old ways by dumping haggling. The eighth largest chain of dealers in America, Lithia Automotive Group, announced that they are going to make all 108 of their stores haggle-free within three years.

Toyota’s Scion has implemented a policy for no negotiation from its onset four years ago. This has prompted dealers who sell Toyota vehicles to apply the one-price approach.

And all over the country, independent dealers who carry various brands of domestic and foreign vehicles are teaching their employees to sell cars like the rest of the retail world. In other words, cars come with a price tag and a smile from the salesperson.

This no-haggle method will make buying a car a more pleasant experience for consumers. Now that people can look up a car’s base price online, they don’t have patience for haggling. In addition, people are able to compare the prices of new car warranties online.

California’s Air Resources Board withdrew its stringent mandates for vehicles with zero-emissions, in favor of hybrids that are charged with mainly electricity.

California is the biggest and most important car market in the world.  In fact, over 2 million vehicles are purchased in the state every year. Consequently, the most new car warranties and auto loans are also sold there. Its pollution stance has had an influence on countries all over the world.  For the last 18 years, the board has required GM, Ford, Chrysler, Toyota, Nissan, Honda, and VW to up production and sales of zero-emissions cars.

Auto manufacturers have tried to fight the rules, which are, and have been tough.  They were developed originally to put out 25,000 zero-emissions vehicles between 2012 and 2014, however the board realized that this is an impractical goal.  Now, carmakers have been offered a 70% cut in the original figure, with a new requirement to produce 7,500 zero-emissions cars.

In exchange, manufacturers must produce 58,000 hybrids that are plug-in in that same period of time.  If they do this, they must in addition produce 25,000 zero-emission cars between 2015 and 2017.

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.

Unfortunately, bad news keeps coming from Chrysler.  The carmaker just made an announcement that its assembly plant in Newark, Del. will shut down at the end of 2008 indefinitely.  The shutdown of this complex will result in 1,000 people losing their jobs.  This plant produces the Chrysler Aspen and the Dodge Durango, which are two full-size SUVs.

Chrysler officials haven’t yet said if this will be the end of those SUVs, or if they are going to be produced at another plant.  However, knowing that it would be costly to move production of the SUVS, it is likely that the two might be discontinued.

What does this mean for motorists?  This is likely, the elimination of two SUVs in an already diminishing segment.  In the meantime, the Dodge Durango and the Chrysler Aspen Hybrid were launched last August as Chrysler’s first attempt at hybrid cars.  These are the least expensive full-size hybrid SUVs out there, which each start at around $45,000 including new car warranties.

The reliability ratings for Ford had a significant jump, which makes it the most reliable American carmaker, according to Consumer Reports, which just released its ratings.  The reliability ratings can be found in the December issue of the magazine.  Other than a few of Ford’s pickup trucks, Ford’s reliability is comparable to that of the Japanese carmakers that are the best, however consumers should still purchase an auto warranty in case of unforeseen expenses.

Other carmakers that received the highest ratings went to the usual winners, including Toyota, Honda, and Nissan.  Toyota received below-average ratings last year for the V-6 Camry and Tundra, however now all of the 42 Toyota, Lexus, and Scion models had ratings that were average or above.  After several years of experiencing trouble, Nissan’s Armada and Titan and Infiniti’s QX56 had improved ratings, which now are average.  Kia and Hyundai also got rankings equal with the best Japanese carmakers, with Kia making a 12 spot jump in one year.

American carmakers need to make improvements in reliability so consumers will purchase American made cars, and Ford has now achieved this.  Consumers are very concerned with safety and reliability and are purchasing cars with the best ratings.  Motorists are also protecting themselves by purchasing new and used car warranties.

For all of you people out there who are fans of the Patriots- the vehicle, not team-here are some additional reasons that you should love your crossover. In an omission that is rare, the Insurance Institute for Highway Safety decided to revise the frontal crash-test rating of the 2008 Jeep Patriot to Good, which is the highest rating that is acceptable. Russ Rader, who is a IIHS spokesman, claimed that there was a missing wire in a crash-test dummy’s leg that caused the Patriot to get an Acceptable rating, but when the wire was in the correct place, the Patriot received an improved rating of Good.

The side crash-test rating for the 2008 Patriot was also Good with the optional side curtain airbags. These airbags are now standard for the 2009 model. Ratings for rear crash-tests were only Acceptable, which is why the Patriot didn’t become the Top Safety Pick.

Consumers are becoming more and more concerned with automobile safety. They are protecting themselves by purchasing new car warranties, and researching car safety features and crash test results.

If you’re thinking of buying a small SUV you’re in luck because there are many good choices.  Compact SUVs offer practicality, fuel-efficiency, and nice style.  In fact you can find many models for under $25,000 complete with an auto warranty.  So what are the best and worst models to consider?  Read on.

The Honda CR-V is the #1 compact SUV.  It ranked the highest for performance, safety, and interior.  According to reviewers, it drives really well, has a sleek design and offers ample storage room.  Following close behind, the Toyota RAV4 comes in second place in its class.  This vehicle has a surprising amount of power for its size. It now offers a V-6 engine, as well as a third row seat. The RAV4 was the first compact SUV in its class over a decade ago.  Coming in #3 is the 2008 Subaru Forester.  This SUV is known for being a fun, family-friendly vehicle.  Reviewers complained about the exterior being bland and the balky transmission, but were willing to overlook these things because it had some great positive features.

Unfortunately, there are some compact SUVs that didn’t score as well.  In last place was the Saturn Vue Hybrid.  According to reviewers, it isn’t very refined and isn’t as fuel thrifty as many other hybrids.  Also at the bottom of the list is the Mazda Tribute because its power and handling doesn’t match its competitors.  Finally, the Jeep Compass drives more like a car, but doesn’t have the sportiness or off-road capabilities that other Jeeps have.

If you’re thinking of buying a compact SUV, there are many great choices out there.  The most important thing is to do your homework and make sure you are choosing wisely.  Also keep in mind the cost of new car warranties, maintenance costs and auto loans when determining your budget.