Month: August 2010 (Page 3 of 4)

Tips for Buying a Used Car with a Cash Advance

August 9, 2010 /

If have recently gotten a cash advance and decided to put down a payment on a used car, now is a good time to get a good deal. Here are some tips for buying a used car so you can get the best bargain.

Get a Vehicle History Report
Most reputable used car dealers will readily offer you a vehicle history report when you buy a used car. These reports tell a great deal of information about the car, including its accident history, the number of owners, and other information that would be beneficial to help a buyer make a decision. If the dealership does not want to provide you with a vehicle history report, look for another dealer.

Get Pre-Approved
You will likely get a much better loan and interest rate from your bank or credit union than you will from the auto dealership. Before you even go shopping, get approved for a loan and then look for a vehicle within that price range.

Consider Private Sellers
You can almost always get a better deal from a private seller than a used car dealership. If you have the cash handy, many private sellers will come down drastically on the price. The sight of some hundred dollar bills being fanned on the hood will go a long way in convincing a private seller to let you take the car for a reduced price.

Know Your Credit History
Knowing your personal credit score and history will help reduce any chance of being surprised when you go to the dealership. Your credit score will play a role in getting approved, and it will play a role in qualifying you for the loan. By knowing your score, you can have a better idea about what your interest rate is going to be so you can negotiate the ideal price.

News

How to buy your first car

August 9, 2010 /
ITAR-TASS 85: YEKATERINBURG, RUSSIA. MARCH 14, 2010. Customer visits the showroom of a car dealer, which accepts vouchers worth 50000 roubles ($1677) given by the government to people who turn in a car more than 10 years old under cash-for-clunkers program. Such vouchers can be used to buy any Russian-made car, including foreign brands assembled in this country. (Photo ITAR-TASS / Anton Butsenko) Photo via Newscom

For all of you 1st time car buyers out there here is a great article in the Chicago Tribune.

From the Chicago Tribune:

Mom’s scrapbook includes (or will include) a photo of you with your first car, for good reason. It is a badge of your independence, financially and figuratively. Acquiring your first wheels, though, is a road pocked with potholes. So, before you allow shiny new cars to blur your judgment, cruise the Internet and scour the media to narrow down your choices and determine what your budget allows, then bone up on what to watch out for when you go out to dealerships.

The bible of the industry is Kelley Blue Book (kbb.com), which lists prices. Search dealer inventories on nadaguides.com. Consumer Reports magazine (consumerreports.org) compares cars’ performance. For advice that targets the under-25 set, go to edmunds.com/youngdriver.

Read the entire article here.

News

GM gets high grades for 2011 LaCrosse

August 9, 2010 /

GM hits a homerun with the new LaCrosse! There are plenty of unanswered questions out there on whether GM will make it in the long run but for now they have a true winner on their hands. A near luxury sedan like the LaCrosse normally doesn’t catch the eye of the more selective crowd but this car has done just that! With sleek styling, 30mpg on the highway and a price that is affordable to many you have to give props to The General on the Buick LaCrosse.

From the Detroit News:

General Motors Co. just doesn’t get the credit it deserves some times.

A few years ago, GM was the first carmaker — in the world — to mate a six-speed transmission to a four-cylinder engine for a midsize car. Everyone had been talking about it, but no one else had done it.

But when GM announced the Chevy Malibu would include an optional four-cylinder engine with a six-speed tranny, creating a car that hit 32 mpg on the highway, no one seemed to care that much, though many carmakers have followed suit.

Read the rest of the article here.

Car Reviews, New Cars, News

Follow Your Favorite NASCAR Auto Drivers by Visiting Online Sportsbook Reviews

August 6, 2010 /

Much like the football and basketball games that so many bet on, NASCAR has become a giant on the playing field of sports wagering.

Like the fantasy football quarterbacks in professional football, the drivers in NASCAR are scrutinized in nearly the same manner a Peyton Manning or Tom Brady is. Before Jimmy Johnson’s autos ever hit the track at Daytona, they are poured over to ensure every ounce of horsepower is being maximized. Before Jeff Gordon takes the track at Bristol, the autos peak tire pressures are checked and rechecked to ensure proper handling and maneuverability.

With the inordinate amount of money being bet on NASCAR every week, racing enthusiasts are flocking to get the most up-to-date and accurate information from their favorite sportsbook reviews. As the amount of information on car and driver performance on each track has grown, so has the need to utilize online sources that study autos performances during a long season.

The wealth of information on these high-priced autos is priceless to those that enter the field of sports wagering. Knowing that a Denny Hamlin drives his autos better on larger tracks and in cooler weather conditions is priceless information for the avid betting enthusiast.

The autos put on the track by Hendrick Motorsports are some of the best in NASCAR. It’s almost a guarantee that one of the autos driven by Jimmy Johnson, Mark Martin, Jeff Gordon or Dale Earnhardt, Jr. will do well on any given week. Gordon and Johnson, in particular, have teamed up for multiple Chase victories, and have driven some of the best autos in NASCAR over the last decade.

As the love of autos and automobiles continues to grow, the love of NASCAR will likely keep auto racing near the front of the sporting world.

News

More U.S. factory output for Hyundai?

August 5, 2010 /
ITAR-TASS 75: KEMEROVO REGION, RUSSIA. APRIL 14. The pictures shows Hyundai buses and trucks produced by Hyundai Motor and Kuzbass Auto joint plant under the brand of Kuzbass. (Photo ITAR-TASS/ Alexander Kolbasov) Photo via Newscom

Hyundai keeps chugging along and now plans expansion of it’s factory capacity in the U.S. It’s really no surprise that Hyundai will be looking to either expand or build more assembly plants in North America in the near future as sales for the Korean company continue to grow. Last month (July 2010) Hyundai’s U.S. sales set a record with 54,106 units sold which is a 19 percent increase from a year ago.

The U.S. car market is steadily fighting back and if and when things really get going Hyundai is preparing to be an even bigger player.

From Auto News.com:

TRAVERSE CITY, Mich. — Hyundai Motor Co. needs more factory output in the United States and will announce plans to expand production within the next month or so, John Krafcik, CEO of Hyundai Motor America, said today.

The automaker’s plant in Alabama, which makes the Sonata sedan and Santa Fe crossover, is running at maximum overtime right now and still struggling to meet sales demands, Krafcik said at the CAR Management Briefing Seminars here.

He declined to say what shape the new U.S. production would take, but said, “We know we have to grow U.S. production.”

Read the full article here.

News

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