Dec 01

Gas prices have soared to an all time high. In the first half of 2008, oil companies posted record breaking earnings and US car manufacturers, like Ford, posted record losses. The message sent to car manufacturers - make more gas friendly models. Why not look at car models that currently get the best gas mileage. Ford and others will likely start bringing European models and introducing new high MPG calls to the market, but we do have decent MPG models on the market now.

Although Ford might have lost a lot of money during their second quarter, they also have a stellar model - the Ford Focus - that competes with the ever-popular import compacts. The Ford Focus has a 24/35 (city/highway) MPG rating when it’s a manual, and a 24/33 rating when it’s an automatic. To put this into perspective, the 2009 Ford Mustang V6 received a 19/26 MPG rating. Fuel efficiency seems to be a major concern of many buying newer model cars, and while Ford makes steps in the right direction with the Focus, other manufacturers have created fuel efficient juggernauts.

Toyota has seen tremendous success with their hybrid and compact line of cars. The Prius hybrid has amazing MPG rating at 48/45. This means the Prius can drive twice as far, on the same amount of gas, as a Ford Focus (in the city). The mechanics of the hybrid don’t give it better mileage on the highway, but it still outpaces most compacts on the market at 45 MPG. The Toyota Corolla comes in at 27/35 MPG with an automatic. This markets the Corolla alongside the domestic Ford Focus.

Who says fuel efficiency equals compact sized cars? The Nissan Altima comes in to the picture with 23/32 MPG (manual) and 23/31 (automatic).  At just over 30 MPG, this fuel efficient car bests many other four door model cars in its class. You may be saying, it’s only getting four more MPG than the 2009 Mustang we talked about earlier. You would be right, but 4 MPG can make a huge difference when it comes to a year’s supply of gas.

Calculating a Year’s Supply of Gas

Let’s do a little math. The average car travels 12,000 miles per year. Let’s assume all those 12,000 miles would be city driving. The 2009 Ford Mustang owner would be using 632 gallons of gas, while the Nissan Altima would be using 522 gallons. At $4 per gallon, the Altima owner would pay $2,088, while the Mustang owner would fork over $2,528. The close to five hundred dollar savings could be two car payments on the Altima, which retails for less than the Mustang.

But let’s not compare apples to oranges - let’s look at the Toyota Prius against the Ford Focus. We’ve established the Focus would take 522 gallons to travel 12,000 city miles in a year.  The Prius would take less than half that, with 250 gallons to make the 12,000 miles. This means the Prius owner would spend a cool thousand dollars on gasoline, as compare to over two thousand for the Altima owner. What a difference a battery makes!

Other Fuel Efficient Cars

We’ve named some of the front runners and mass marketed models. Now let’s look at a few of the newcomers to the market, and review their ratings.

The Mini Cooper has become an instant classic since its rebirth on the US market. The tiny compact comes in at 28/37 (manual) and 26/34 (automatic). The speedy Mini Cooper can reach excellent MPG ratings if you can keep from accelerating too much.

It’s no surprise that high-end car makers have been combining luxury with fuel economy - it’s a birth of efficiency and reward. The latest line of hybrid Lexus models shows us exactly what can be accomplished with more combustible bang for our buck. Of course, Lexus has been criticized for their lack of informative commercials and the fact their hybrids don’t reduce pollution. Coming from the makers of the Prius, we can only hope they improve.

The Lexus 600h L model is the first mass produced V8 fully hybrid vehicle, according to a Wikipedia article. The car gets 20/22 MPG - not exactly terrific numbers - but for a V8 with this type of luxury and power Lexus has made great strides towards fuel economy in a car class more consumed with status accoutrements.

Learn to Drive Stick

The models we talked about usually have better mileage when they’re manual. Automatic transmissions usually perform the same for city driving, but not highway. If you truly want to be fuel efficient, then you should buy one of the models we suggested (or a car with similar MPG rating) and learn to drive stick. It’s never too late to learn a new skill.

Dec 01


Renting a car can be expensive. It is easy to find cheap car rentals, but you must make sure you have all the paperwork necessary to save time and money.

Cheap Car Rentals

Renting a car for business or pleasure can be a daunting task with all the limitations car rental companies have these days, but knowing how to navigate the system can save you both time and money.

The Car Rental Procedure
Three criterias for u to rent a car:

1. You should meet the car companies minimum age requirement.
2. You should have a valid driver’s license.
3. You should have a valid credit card.

Most car rental companies require a renter to be at least 25-years-old, though some companies will charge extra for young drivers (18-24 of age). Since the young driver rates vary by company, and the type of car you want to rent it is always best to check first.

Car rental companies will usually keep your credit card on file as a guarantee of payment and also in case there is any damage to the car and you have declined their insurance. Some companies have cancellation policies where you are charged if you do not cancel within a certain time period (normally 24 to 48 hours).

Best Car Rental Deals

The best car rental discounts usually occur on the weekends–Friday through Sunday–but remember some locations and companies like Enterprise aren’t open on Sunday outside of their airport locations so you will have to either return the car early or pay for an extra day.

Two of the best sites for finding deals on rental cars are Hotwire (www.hotwire.com) or Priceline (www.priceline.com) where you can bid on the price of your car. However these sites are more effective for renting cars in larger cities and at airports. Remember that cars rented at the airports typically have some sort of airport tax or surcharge added in the fine print of your contract. So it is sometimes cheaper renting cars from another location.

In most cases the smaller the car, the cheaper the price though if you check the individual websites of places like Hertz (www.hertz.com), Enterprise (www.enterprise.com), Budget (www.budget.com), Alamo (www.alamo.com) or Dollar car rental (www.dollar.com) you can find extras like coupons for free upgrades. Some rental places also discount rental cars for AAA members, military personnel and include bonus air miles points on certain airlines.

Another good place to comparison shop for the latest deals is at TravelZoo (http://car-rental.travelzoo.com).

Things To Consider when Seeking a budget Car Rental
Generally, booking in advance is always best as some smaller locations will run out of the smaller “economy” or “compact” cars first, leaving the higher priced gas-guzzling SUV’s in the lot.

Another thing to take into consideration is the length of your trip. Some Car rental companies will charge by mileage, while others will give you a certain number of miles free. But there are companies out there with unlimited miles which is much more practical and cost saving for people driving long distances. Most companies will have a daily, weekend and weekly rate available so make sure you ask if you are going to be driving a long distance or have the car for a few days.

If you plan on taking the car into another state or another country across the border make sure to ask the company about their policy. Some companies will not allow renters to take their cars into Canada or Mexico and some will charge extra for cars going out-of-state, so be sure to double check when you rent.

Where the rental companies will try to get you to pay more is on the gas and the insurance. In most cases your own personal auto insurance policy will cover you driving a rental car. There are also a number of credit card providers that include car rental coverage, if you use their card.  However, it is imperative that you check with both your insurance company and credit card company first but you should NEVER, under any circumstance, drive without being covered by insurance.

Car rental companies usually offer the option to either pre-pay for your gas or fill it up yourself. For the most part, whatever the fuel gauge reads when you drive off the lot is what you are expected to return it with. With pre-paying, car companies usually charge a much higher rate for gas and it is usually cheaper to fill it up yourself. However, if time is going to be a problem and you won’t have time to stop at a gas station before you return the car, pre-paying for fuel is a good idea.

Just remember, in most cases you’re responsible for speeding tickets, so drive smart and safe when you rent.source from: www.savemoney.com

Meanwhile, u enjoy yourself  during the whole process and save money.

Dec 01

Cars make us irrational. We call them our babies and lovingly wax them every Saturday — or we turn up the radio to drown out the sound of a dragging muffler. Either mindset will cost you money, sometimes a lot of it.

Walking the line between obsession and neglect means you never spend a nickel without a good reason — and good reasons can include spending money on something that’s not broken.

Here, then, are 20 ways you waste money on your car.

Premium gas instead of regular. Buy the cheapest gasoline that doesn’t make your car engine knock. All octane does is prevent knock; a grade higher than the maker of your car recommends is not a “treat.”

3,000-mile oil changes. Manufacturers typically suggest 5,000 miles, 7,500 miles or even longer intervals between oil changes (many car markers now include oil-life monitors that tell you when the oil is dirty — sometimes as long as 15,000 miles.) There may be two recommendations for oil-change intervals: one for normal driving and one for hard use. If you live in a cold climate, take mostly very short trips, tow a trailer or have a high-revving, high-performance engine, use the more aggressive schedule. If you seldom drive your car, go by the calendar rather than your odometer. Twice a year changes are the minimum.

Taking false economies. Better to replace a timing belt on the manufacturer’s schedule than to have it break somewhere in western Nebraska. Better to pop for snow tires than to ride that low-profile rubber right into a tree.

Using the dealer’s maintenance schedule instead of the factory’s. Of course he thinks you should have a major tune-up every 30,000 miles. Most of the tasks that we generally think of under the heading of “tune-up” are now handled electronically. Stick to the manufacturer’s schedule unless your car is not running well. If your engine doesn’t “miss” — skip a beat or make other odd noises — don’t change the spark plugs or wires until the manufacturer says so.

Using a dealer for major services. Independent shops almost always will do the same work much cheaper. Call around, owner’s manual in hand, to find out, mindful that the quality of the work is more of a question mark. Some dealers may tell you using outside garages violates the car’s warranty. This is a lie.

Using a dealer for oil changes. Dealers sometimes run dirt-cheap specials, but otherwise you’ll usually find changes cheaper elsewhere. If you’re using an independent shop for the first time, you might inconspicuously mark your old oil filter to make sure it has indeed been changed. And don’t let them talk you into new wiper blades, new air filters or high-priced synthetic oil, unless your car is one of the few high-performance machines built for it.

Not replacing your air filter and wiper blades yourself. Buy them on sale at a discount auto-parts store rather than having a garage or dealer replace them. Replacement is simple for either part, a 5-minute job. A good schedule for new air filters is every other oil change in a dusty climate; elsewhere at least once every 20,000 miles. Treat yourself to new wipers (it’s easiest to buy the whole blade, not the refill) once a year.

Going to any old repair shop. At the very least, make sure it’s ASE-certified (a good housekeeping seal of approval from the nonprofit National Institute for Automotive Service Excellence). From there, look for a well-kept shop with someone who’s willing to answer all your questions. Estimates must include a provision that no extra work will be done without your approval. Drive your car to make sure the problem is fixed before you pay. Pay with a credit card in case there’s a dispute later. Be courteous and pay attention. A good mechanic is hard to find.

Changing your antifreeze every winter. Change it only when a hydrometer suggests it will no longer withstand temperatures 30 degrees below the coldest your area sees in winter. Your dealer or oil-change shop should be happy to check it for free. Every two years is about right. But you also should keep your cooling system happy by running the air conditioner every few weeks in winter to keep it lubricated, checking for puddles underneath the car and replacing belts and hoses before they dry and crack.

Replacing tires when you should be replacing shocks. If your tires are wearing unevenly or peculiarly, your car may be out of alignment or your shocks or struts worn out.

Letting a brake squeal turn into a brake job. Squeal doesn’t necessarily mean you need new rotors or pads; mostly, it’s just annoying. Your first check — you can probably see your front brakes through the wheels on your car — is to look at the thickness of the pads. Pads thicker than a quarter-inch are probably fine. If your brakes emit a constant, high-pitched whine and the pads are thinner than a quarter-inch, replace them. If your car shimmies or you feel grinding through the pedal, then your brake rotors need to be turned or replaced.

Not complaining when your warranty claim is rejected. Check Alldata and the National Highway Transportation Safety Administration (NHTSA) to see if a technical service bulletin (TSB) has been issued about the component in question. Manufacturers often will repair known defects outside the warranty period (sometimes called a secret warranty). It helps if you’ve done your homework and haven’t been a jerk.

Not keeping records. A logbook of every repair done to your car can help you decide if something’s seriously out of whack. Didn’t I just buy new brake pads? With a log and an envelope stuffed with receipts, you’ll know who did the work and when, and whether or not there’s a warranty on the repair. And a service logbook helps at resale time, too.

Buying an extended warranty. Most manufacturers allow you to wait until just before the regular warranty expires to decide. By then you should know whether your car is troublesome enough to require the extended warranty. Most of them aren’t worth the price.

Overinsuring. Never skimp on liability, but why buy collision and comprehensive insurance on a junker you can probably afford to replace? Add your deductible to your yearly bill for collision and comprehensive coverage, then compare that total with the wholesale value of the car. If it’s more than half, reconsider.

Assuming the problem is major. If your car is overheating but you don’t see a busted hose or lots of steam, it might be the $15 thermostat, not your radiator. Or it may be that ominous “check engine” light itself that’s failed, not your alternator.

Not changing the fuel filter. Have it replaced as a part of your maintenance — every two years or according to the manufacturer’s schedule — rather than when it becomes clogged with grit, leaving you at the mercy of the nearest garage.

Not knowing how to change a tire. Have you even looked at your spare? Make sure it’s up to snuff and all the parts of your jack are there. Changing a flat yourself is not only cheaper, it’s faster, too.

Not keeping your tires properly inflated. Check them once a month; otherwise, you’re wasting gasoline, risking a blowout and wearing them out more quickly.

Car washes. Ten bucks for long lines and gray water? Nothing shows you care like doing it yourself.

Nov 30

Just ten years ago, the thought of buying a new car sight unseen would seem like an unwise purchase. But the explosion of the Internet has even reached car dealers and potential buyers.
Before you buy your car
Whether you buy online or drive to your local car dealer, you want to research. Ask yourself these questions:
How much can I afford?
What type of car do I want-SUV, sedan, sports car, etc…
What options do I want-CD player, satellite radio, GPS, cruise control, etc…
Is color important to me?
Do I want an automatic or manual transmission? What about engine size?
What type of warranty do I want?
Once you know what you want, you can earnestly begin your research.
Many car dealers proudly boast that their vehicle is the “Motor Trend Car of the Year.” Their website is www.motortrend.com. This is another great resource to use when you are researching a new car.
You can also research in your neighborhood. Do you neighbors, family or friends have a similar car? Are they happy with their purchase?
How to buy a new car online
There are many websites that feature new cars. Many will link you to a dealership in your local area, so you many want to Google your local dealership and see if they have a website with new car listings. If you want to search within 100 miles of your area for the car of your dreams, several websites will accommodate you. The websites include:
www.cars.com
www.NewCar.com
www.carsbelowinvoice.com
These websites offer you a chance to fantasize about your dream car without leaving your home. You can chose the make, model, color (both interior and exterior) and other features. You will get an estimated price and be able to view a picture of the car.
Once you have found the dream car, you will be able to contact the dealer who has the car in stock. In some cases, you can order your car from the factory if what you want is not available. Be warned-this can be expensive and not a good idea if you are trying to save money on your car purchase.
Tips on buying a new car
If you are buying a new car, remember you will get a better deal in December, when car dealer are trying to get rid of last year’s new models. And you will also find more eager salesmen if you buy toward the end of the month, when salesmen are trying to reach their quotas.
Because many car dealers can use unscrupulous tactics, many states have “Lemon Laws” which protect consumers if they buy a “lemon.” The federal Consumer Action website (www.consumeraction.com), has these tips for anyone wanting to purchase a new car.
Check out different vehicles.
Several Internet sites can help you compare features and prices on new motor vehicles. Visit www.where-can-I-buy-a-car-online.com for links to these sites. A scorecard reports on the features of each site including whether quotes are free, the availability of financing, and site security. Two magazines offer information in print and online concerning vehicle performance, service and safety: Consumer Reports (www.consumerreports.org) and Motor Trend (www.motortrend.com).
Research the dealer’s price for the car and options.
It’s easier to get the best price when you know what the dealer paid for a vehicle. The dealer invoice price is available at a number of websites and in printed pricing guides. Consumer Reports offers the wholesale price. Lower than the invoice price, this figure factors in dealer incentives from a manufacturer and is a more accurate estimate of what a dealer is paying for a vehicle.
Find out if the manufacturer is offering rebates that will lower the cost.
Two websites that offer this information are www.carsdirect.com and www.autopedia.com/html/Rebate.html.
Get price quotes from several dealers.
Find out if the amounts quoted are the prices before or after rebates are deducted.
Avoid high-profit, low-value extras such as credit insurance, extended warranties, auto club memberships, rust proofing and upholstery finishes. You do not have to purchase credit insurance in order to get a loan. source:www.savemoney.com

Nov 06

Just ten years ago, the thought of buying a new car sight unseen would seem like an unwise purchase. But the explosion of the Internet has even reached car dealers and potential buyers.

Before you buy your car

Whether you buy online or drive to your local car dealer, you want to research. Ask yourself these questions:

How much can I afford?

What type of car do I want-SUV, sedan, sports car, etc…

What options do I want-CD player, satellite radio, GPS, cruise control, etc…

Is color important to me?

Do I want an automatic or manual transmission? What about engine size?

What type of warranty do I want?

Once you know what you want, you can earnestly begin your research. One of the well-respected sites is www.consumerreports.org. Their opinions make news every year they are released.

Many car dealers proudly boast that their vehicle is the “Motor Trend Car of the Year.”  Their website is www.motortrend.com. This is another great resource to use when you are researching a new car.

You can also research in your neighborhood. Do you neighbors, family or friends have a similar car? Are they happy with their purchase?

How to buy a new car online

There are many websites that feature new cars. Many will link you to a dealership in your local area, so you many want to Google your local dealership and see if they have a website with new car listings. If you want to search within 100 miles of your area for the car of your dreams, several websites will accommodate you. The websites include:

www.cars.com

www.NewCar.com

www.carsbelowinvoice.com

These websites offer you a chance to fantasize about your dream car without leaving your home. You can chose the make, model, color (both interior and exterior) and other features. You will get an estimated price and be able to view a picture of the car.

Once you have found the dream car, you will be able to contact the dealer who has the car in stock. In some cases, you can order your car from the factory if what you want is not available. Be warned-this can be expensive and not a good idea if you are trying to save money on your car purchase.

Tips on buying a new car

If you are buying a new car, remember you will get a better deal in December, when car dealer are trying to get rid of last year’s new models. And you will also find more eager salesmen if you buy toward the end of the month, when salesmen are trying to reach their quotas.

Because many car dealers can use unscrupulous tactics, many states have “Lemon Laws” which protect consumers if they buy a “lemon.” The federal Consumer Action website (www.consumeraction.com), has these tips for anyone wanting to purchase a new car.

Check out different vehicles.

Several Internet sites can help you compare features and prices on new motor vehicles. Visit www.where-can-I-buy-a-car-online.com for links to these sites. A scorecard reports on the features of each site including whether quotes are free, the availability of financing, and site security. Two magazines offer information in print and online concerning vehicle performance, service and safety: Consumer Reports (www.consumerreports.org) and Motor Trend (www.motortrend.com).

Research the dealer’s price for the car and options.

It’s easier to get the best price when you know what the dealer paid for a vehicle. The dealer invoice price is available at a number of websites and in printed pricing guides. Consumer Reports offers the wholesale price. Lower than the invoice price, this figure factors in dealer incentives from a manufacturer and is a more accurate estimate of what a dealer is paying for a vehicle.

Find out if the manufacturer is offering rebates that will lower the cost.

Two websites that offer this information are www.carsdirect.com and www.autopedia.com/html/Rebate.html.

Get price quotes from several dealers.

Find out if the amounts quoted are the prices before or after rebates are deducted.

Avoid high-profit, low-value extras such as credit insurance, extended warranties, auto club memberships, rust proofing and upholstery finishes. You do not have to purchase credit insurance in order to get a loan.

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