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Every year, out of all the automobiles bought in the U.S., 41 million are used cars in contrast to only 16 million new automobile purchases.

Since purchasing a car will be the next monetary investment produced by a US citizen other than housing, it’s important to determine if buying a used car is really worth your money.

1) CONS – Here is a checklist with the disadvantages of used-car buying:

* The options of cars are restricted, so the search for that correct automobile could be lengthy.

* The buyers have no concept in the event the automobile was treated. Used cars usually have worn consumables like hoses, tires, shocks, filters, followers and clutch.

* Although used automobile dealers offer a warranty, it’s only limited to a few months as opposed to buying a brand new car with full warranty. Particular maintenance on your purchased second-hand automobile might be much more costly.

* Buying a second-hand vehicle would offer you a decrease trade-in value.  Read more... (532 words, 1 image, estimated 2:08 mins reading time)

Posted under Cheap Used Cars

Car Insurance Companies : What You Must Know

Most individuals have no idea how car insurance companies calculate the numbers when setting their rates. It is often a complicated process that is designed as an effort to maximize profits while still having enough money to pay out customer claims. As a result, they are continuously adjusting all of the potential risk calculations necessary to stay competitive in the market, while offering rewards to good drivers, and penalizing those that offer higher risk.

At its most rudimentary level, car insurance companies use a variety of components to determine risk in an individual, when attempting to find the ideal rate. Therefore, the ability to lower your potential of risk, the more likelihood you will receive a lower rate by car insurance companies looking to take you on as a customer through a reward system. There are five crucial components to minimizing the potential of risk, at least in the eyes of insurance companies.

These include your:  Read more... (528 words, 1 image, estimated 2:07 mins reading time)

Posted under Car Insurance Companies

Motor Insurance Quotes, How To Get The Lowest Price Possible

Every individual with a vehicle needs some type of auto insurance to adequately cover their car or truck in case they are involved in an accident. However, it is not necessary to pay the highest premiums available, when you can get the same coverage for a lower rate. It is easy to obtain motor insurance quotes, from reputable auto insurance carriers.

By a simple process of comparison shopping, every driver has the ability to save hundreds of dollars on their coverage each year. Many companies offer a variety of discounts to good drivers, students with good grades, and the elderly. Even individuals that have a poor credit rating can find lower rate motor insurance quotes from variety of reputable dealers eager to take your business.

How Much Coverage

Whenever shopping around for the best motor insurance quotes, it is important to find reputable companies that offer coverage in variable amounts. Every state has a minimum amount of coverage that is required for the vehicles that are driven. Many times, insurance salesman will use scrupulous tactics in putting the fear about the need to have high levels of insurance when taking out a policy.  Read more... (543 words, 1 image, estimated 2:10 mins reading time)

Posted under Car Insurance Companies

Volvo are conducting a large field test with the aim of preventing any injury or accident in a Volvo by 2020.

There are around 100 Volvo’s that have currently been installed with this tech and it goes in and looks at how people monitor things.

The technology will monitor the drivers behaviour whilst driving and analyse how this changes depending on the situation. The tests called EuroFOT (Field Operational Tests) are being conducted as part of a wider project involving other research organisations.

There will be cameras inside the car that are able to measure head movement during the journey. The really good thing about the cameras is that they are being placed at the front and back to make sure every motion is captured.

“In order to move towards a crash-free future, we need to learn more about what kind of mistakes and situations that might lead to accidents,” says John-Fredrik Grönvall, senior Research engineer and leader of the Field Operational Tests (FOT) at Volvo Cars.

Sweden are one of the main places that are going to be doing this with over 150 vehicles being equipped with it all. It has also been said that over 275 vehicles in Europe are going to get a slightly less advanced equipment.  Read more... (736 words, estimated 2:57 mins reading time)

Posted under BMW

Trustworthy Auto loans seem to be the chosen method for many people to buy the car they desire without the need to use savings or any other type of finance. Most people are unaware, but a car loan is a secured loan on the car being purchased, as each payment is made, the amount owed reduces so there is less of a risk if something unpleasant happens. Once you have been allocated your budget, the more enjoyable side to the process occurs as you take time to search for a car that you like which is just a case of going online.

Many sites allow you to determine exactly what you are looking for and they will only provide you with cars that match that criterion. If you are determined on a particular new model which is outside your budget, then there is no reason why you cannot buy a used version because this type of loan is fine for used vehicles as well. Trustworthy auto loans are available to everyone provided their credit rating is clean, therefore, before making that application, carry out a search to make sure yours is ok.  Read more... (955 words, estimated 3:49 mins reading time)

Posted under Best Car Loans

Used car loans are a lot different than getting a loan to purchase a new car. Most banks simply refuse to lend money for a used car that is older than 5 years.  However, there are plenty of lenders out there who do offer used car loans.  So the million dollar question is how to do you choose the best used car loan?

Well the best used car loan is always the one with the lowest rates. Find a used car loan with a low rate can sometimes be very difficult to do.  But if you take the time to do your research you will without a doubt find one. Even if you have really bad credit you can still find a used car loan with a competitive interest rate.

One of the best things you can do to find the best used car loan is to use a used car loan calculator. With a used car loan calculator you will be able to calculate the total monthly payment including state taxes and any other fees that might be tied into the loan.  Read more... (528 words, 1 image, estimated 2:07 mins reading time)

Posted under Best Car Loans