racing to rescue

Posts Tagged ‘Vehicle’

18 Easy Ways To Save Cash On A Car Vehicle

February 4th, 2012 | Author: admin

18 Easy Ways To Save Cash On A Car Vehicle

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
AB Answers

Publish Article

0 && $.browser.msie ) {
var ie_version = parseInt($.browser.version);
if(ie_version Hello Guest
Login

Login via

Register
Hello
My Home
Sign Out

Email

Password

Remember me?
Lost Password?

Home Page > Automotive > Cars > 18 Easy Ways To Save Cash On A Car Vehicle

18 Easy Ways To Save Cash On A Car Vehicle

Edit Article |

Posted: Oct 26, 2009 |Comments: 0

|

Share

]]>

Syndicate this Article

Copy to clipboard

18 Easy Ways To Save Cash On A Car Vehicle

By: Blake Montgomery

About the Author

If you like this article read 100 more automotive subjects you can even have a chance to win a camero, new BMW, or a sweet mustang Shelby GT500 ! http://www.rpnichemarket.com/automotive/Buying-A-New-Car–Where-To-Buy-Your-New-Car.htm

(ArticlesBase SC #1382883)

Article Source: http://www.articlesbase.com/ – 18 Easy Ways To Save Cash On A Car Vehicle

If after you get recommendations for loyal mechanics , research around to check out the fee for particular jobs. It’s always smart to get a second opinion.

what about some preventative remedies? Keep your gas tank full. This will help you avoid the gas line freezing up in cold weather . Also, driving on ” vapors ” allows little pieces of dirt at the base of your fuel tank to run through the fuel lines with the last drops of petrol. This gunk clogs up the fuel filter and possibly can cause carburetor damage as well.

there are some problems with the vehicles electronics systems which results in blown out fuses. Check to see if you have any damage fuses before investing in a tow truck ! Keep track of how much oil your car uses . A sudden change in oil consumption means you need to see a auto mechanic . Save your brakes make sure you have your brake fluid changed every 30,000 miles. and be sure to check your tire pressure once a month. This easy repairs check can add up savings at the gas pump!

Stop and go traffic causes excess wear and tear on your car . It is good to give your car around a nice twenty minute ride at 55 mph on the highway every couple weeks if you “major ” in short trips.

There are other ways to save money on vehicle expenses . Let’s look at the insurance payments .

If you’ve saved up for possible out-of-pocket fees in case of a automobile accident, you might want to consider adding more to your insurance deductible to five hundred dollars . This will lower the cost of your claim.

Make sure that you talk to your insurance company. If your automobile is as old as the hills, you might want to drop collision coverage to save money.

Car insurance institutes offer a variety of discounts . Ask your agent if the company offers reductions for driver training courses , anti-lock brakes, car alarms, air bags, older drivers, good students or maintaining a great driving record.

Before you buy from a dealer, ask about the companies return policy, get it in writing and read it carefully . Dealers are not required by law to give used automobile buyers a 3-day cancel right.

Each 5 mph you drive over 60 mph is like paying an additional .10 per gallon for gas gas for about .10 on a gallon.

In almost some situations, using cruise control on the highway can save you fuel .

Replacing a clogged up air filter can improve your vehicles fuel mileage by as much as 10 percent. This is not going to cost you an arm or leg either .

Make sure you do your research when buying a car from an government auction. Many automobiles that have been destroyed by floods and hurricanes are going on the market place. These won’t last for very long – leaving you with a flood of bills . Be a little concerned if the interior looks too new, and check carefully for signs of any rust damage.

If you use your car for work , keep track of the distant you traveled so that you can use this for your tax deduction. Get more info at IRS.gov.

When you consider all the ways you can save on money on your current vehicle , you might be persuaded to put away the extra cash each and every month for a new automobile when you are ready to buy!

Retrieved from “http://www.articlesbase.com/cars-articles/18-easy-ways-to-save-cash-on-a-car-vehicle-1382883.html”

(ArticlesBase SC #1382883)

Blake Montgomery -
About the Author:

If you like this article read 100 more automotive subjects you can even have a chance to win a camero, new BMW, or a sweet mustang Shelby GT500 ! http://www.rpnichemarket.com/automotive/Buying-A-New-Car–Where-To-Buy-Your-New-Car.htm

]]>

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
RSS
Print
Email
Re-Publish

Source: http://www.articlesbase.com/cars-articles/18-easy-ways-to-save-cash-on-a-car-vehicle-1382883.html

Article Tags:
automobile, car, car insurance, car maintanence, car repair

Xiang Jie future vehicle information system platform technology and development – automotive, information systems and technology – automotive

December 3rd, 2011 | Author: admin

With modern automobile industry and electronic technology, vehicle navigation, communications, mobile office, multimedia entertainment, security and driver assistance features such as remote fault diagnosis of electronic systems can be networked through the formation of network technology vehicle information network system. Toward the future of automotive instrumentation systems integration, intelligent, full-vehicle information system platform graphical direction. Summary

vehicle information system platform

Future vehicle information system platform will be fully available beyond the traditional automotive instrument function, the system main features include: full graphical digital instrumentation, GPS navigation, car multimedia entertainment, vehicle status display, remote diagnosis, wireless communication , the network office, information processing, intelligent transportation driver assistance and so on. Future vehicle information platform is people, vehicles, fully interactive environment, set electronics, communications, networking, embedded high-end technologies such as one-vehicle integrated information display platform. Vehicle information system platform features should at least include the following:

Meter display

Mainly contains all the features of traditional instruments. With LCD screen (LCD) as the display terminal, the huge, complex information can be graphically flexible, accurate and displayed on the LCD screen. Basic requirement is a high-brightness display graphics, high real-time response, to receive from the CAN bus and the sensor signal.

Vehicle monitoring and remote diagnosis

Through the collection of information and analysis of vehicle diagnostic information, and more intelligent monitoring of vehicle performance and condition, and give the user prompts, and vehicle information via GPRS platform module data diagnosis and diagnostic service center two-way real-time delivery. By the External GPS module and communication module, and through monitoring center, the vehicle anti-theft monitoring and remote control.

Wireless Internet access

Through a nationwide GSM / CDMA / GPRS signal, anytime, anywhere wireless Internet access, maximum speed up to 153.6Kbps, enables E-Mail, FTP, chat, browse information, online games, picture download, mobile office, electronic Business and other network functions. Fast, stable performance, safety and reliability.

Navigation information

Achieve improved navigation. Through the GPS global positioning system, regardless of the user anywhere in the world, all real-time positioning and continuous localization, in addition to providing autonomous navigation, information search, the best driving route calculation, track record and playback, but also provides traffic forecasts , parking lot parking guide, can be connected to the network of map data and other advanced features real-time updates. Navigation information system’s display is limited local area, should not affect the instrument system at the same time show.

Car Phone

Using CDMA wireless communication or VOIP network phones, car hands-free and wireless headset switches seamlessly to ensure that owners call the process of driving safety.

Car Entertainment

Car entertainment system has gone from radio and a cassette drive or CD machine evolved into a vehicle by the user and other communications with a variety of entertainment and information systems. Than many other audio / video applications, such as home appliances A / V system applications require richer. Meet people on the car entertainment and comfort requirements can be satellite digital radio receiver, car digital TV receiver, CD / DVD player, etc., and has MP3/MP4/IPOD/USB multimedia playback. Audio and video files can be downloaded via wireless, completely remove all the trouble to use the disc. Front center console or true color display and high-fidelity head-type car audio, but also provides users with professional-level audio-visual enjoyment.

Posted in Automotive |

Tags: Automotive, development, Future, Information, platform, System, Systems, Technology, Vehicle, Xiang | No Comments »

The benefits of Used Toyota Parts and Used Automotive engines for your Vehicle

November 1st, 2011 | Author: admin

While you wonder how to manage the cost associated with the maintenance of your vehicle, it is important to look at used automotive engines and used Toyota parts if your vehicle has been manufactured by Toyota. These parts are collected from other consumers or salvage yards and repaired for further use. Before these used automotive engines or used Toyota parts are sold to the consumers, they are repaired and inspected for quality. Therefore, the consumers can be sure that the parts will last a long time and be good for their vehicles. The main benefit of these used engines is that the kind of rigors they have faced and the final quality testing on them. Once these engines are sold as used parts they do last a long time including the warranty period offered for them.

That makes the purchase of these used automotive engines a viable cost effective option. The engines do not have small maintenance issues as they are already tested and used. They eliminate the uncertainty of new engines. Sometimes it has been observed that these used automotive engines or used Toyota parts last a longer time then the new parts put in use for the vehicles. However, it is essential to have a fair amount of idea regarding the functionality and use of these parts in your vehicle before you embark on the mission to purchase used automotive engines or used Toyota parts.

It is vital for you to accept genuine used Toyota parts or used automotive engines when going in for the purchase of these parts. This is extremely important, as the quality aspect will not be degraded when you go for a purchase like this. If you go for purchase of local made auto parts either knowingly or unknowingly, then the chance of failure in these auto parts is extremely high. While purchasing used automotive engines or used Toyota parts, it is important to take your mechanic to the local sales dealer and have a thorough understanding of the options related to price, quality, warranty period, and authenticity of these used automotive engines or used Toyota parts. Once you are clear regarding all the aspects related to the purchase, it becomes much easier for you to go ahead with the deal.

While going in for online purchase you can check the suitability of these parts by showing the available options to your mechanics. All your queries can be solved by the online support. Once you get the product there is a scope to check its authenticity and if not satisfied, return the same. The warranty period is usually a bit longer. Due to the minimal overhead costs associated with online auto spare parts websites there are chances of getting significant benefits and discounts from them.

Depending on the type of Toyota vehicle, you own the parts will be sent for the same type by just providing the Toyota VIN number. It is also important to send in the model and make of the vehicle along with the manufacturing date to be sure of getting the matching parts. Overall, it is important to have sufficient warranty period so that you can test your vehicle in a proper manner after adding these parts. This will provide you with sufficient time in hand to check the engine or other parts in a thorough manner.

Posted in Automotive |

Tags: Automotive, Benefits, Engines, Parts, Toyota, Used, Vehicle | No Comments »

Quality Used Toyota Parts and Used Automotive engines for your Vehicle

October 19th, 2011 | Author: admin

If you are looking for quality used automotive engines to drive you that extra mile on a tight budget or trying to find used Toyota parts then online purchase is the best option for you. Going to a local sales dealer near to your place can be a good option if you have some idea regarding these used automotive engines or used Toyota parts. This is important to have a good check for the quality of the products that you purchase. While making a purchase online you get variations, online support, secure transactions, and warranty. All this makes the purchase of used automotive engines or used Toyota parts a very worthwhile experience while sitting in the comfort of your home.

These online auto parts websites gives many exciting offers and variations with proper instructions that help you make the right choice for your vehicle. The process is extremely simple while trying to search for suitable used automotive engines or used Toyota parts. First, you need to put in the model number, make, and year of manufacture of your vehicle and search the online catalog to get a list of all the suggested auto parts. Once you have narrowed down your search you can put up queries to the online support team. The support team will help resolve your issues. After you select the used automotive engines or used Toyota parts, the next step would be to add these items to your shopping cart. Thereafter, you need to provide your Toyota VIN number to ensure that you are provided with the right kind of parts.

Once all this is complete, then simply using any of the popular payment options the purchase process can be completed. The whole process is so simple that you do not require anybody’s help to complete it. The only precaution to take is to look for sufficient warranty period. The longer the warranty period the better, it is for your vehicle. In case, any of the used automotive engines or the used Toyota parts turns out to be defective or not according to the mentioned standard then the product will be immediately replaced. However, while trying to make an online purchase of used automotive engines or used Toyota parts remember to find the popularity and validity of the website from which you are making the purchase. Do not fall into the trap of impressive selling schemes that has no real substance in their tall claims.

However, in spite of all these benefits if you still find problem placing an order for the used automotive engines or used Toyota parts then there are specialists who will contact you through telephonic conversation to address your concerns. In case you are looking for some special parts for your vehicle then the website will try and look up for the item by spreading the message across to the salvage or junkyards and try to meet your demands. There is another great option to customize your product to suit your needs. Therefore, it is advisable to exercise your online purchase option but only after you have a certain idea regarding the auto parts that you will purchase. The best option would be to get some suggestions from your mechanic regarding the kind of parts that would be suitable for you. It is of great benefit if you have the capability to ask a few questions and get those queries solved by the customer support team.

Posted in Automotive |

Tags: Automotive, Engines, Parts, Quality, Toyota, Used, Vehicle | No Comments »

Car Vehicle Online Auction

October 18th, 2011 | Author: admin

Online car auction websites are a great way of finding a bargain car while sitting comfortably in front your computer. It is amazing how many car deals are closed every day, again through online car auction venues. So if you are after your new vehicle, try it. Moreover online car auction sites are a great way to sell your car.

The first question on your mind is may be how to find a good online vehicle auction website. Well, just go to your favorite search engine and type online car auction. That should get you thousands of results. Be careful though which online vehicle auction you will be browsing or buying/selling your car at. Try to narrow your selection to a few sites that look professional, respectable and have a good testimonials record.

The next step will depend on your idea do you want to sell your vehicle or to look for a car.

If you are looking to sell you vehicle than check what the site has to offer how many photos of the car you can submit, what information is allowed to be submitted, what are the fees involved. There are sites that will offer you free advertising but will ask for a percentage of the selling price. Other online car auction sites will have certain advertising fees that might depend on the cars value or on the advertising period.

Another thing to consider is if you would like an online car auction company that will actually buy your vehicle and will market it later. This might bring you less profit than selling your car on your own but it will save you a lot of hassle. In fact once you sell them the car it is no longer your worry who or when will buy it.

If you are a vehicle buyer the rules are pretty much the same. Try to pick up a site that looks respectable enough. Than set a budget and find, the best car within your money frame. Once you have found a few cars, negotiate with the buyer. The fact that this is an online car auction venue does not mean that you have to agree on the first price asked.

With money matters handled it is best to see and test-drive the car before signing up the papers. If this is not possible, than ask for all information that you need to make sure you are really buying a good quality car. It is a good idea to perform a vehicle check as well. Just for additional piece of mind to make sure that there are no unpaid bills, insurance problems or the car being reported as stolen. The good news is that all these checks can be done online as well.

Posted in Cars |

Tags: Auction, Online, Vehicle | No Comments »

Leasing A Car As One Of The Best Automotive Vehicle Finance Choices

June 25th, 2011 | Author: admin

Planning on buying a new car ? With all the changes in the world and international financing your next automobile purchase may well lead you back to the world of leasing. Financing may be increasingly difficult to get but not perhaps a lease on the car where you lease or rent the car , pay regular payments and the ownership of the car remains in the hands of some or some corporate or financial owner.

Still there are pitfalls and common mistakes to avoid. What cards to play and tactics should a new car owner employ even if they know from the get go that leasing a vehicle s their best option by far.

First of all it’s best not to announce when shopping for a car that leasing is your preference. Why not leave all options on the table. First of all, who knows, the standard car payment purchase plans may be offered to you. Next you are in a better negotiating position overall to get the best deal. It’s always best to keep your cards close to your chest . Be careful that family members, along for the ride and purchase, do not let out privileged information inadvertently . Industry consultant Winnipeg based William Simpson pointed out that the automotive industry sharp salespeople will always be on the lookout for “Radio Moscow”.

Do your homework first and foremost. As a buyer or lessee you have a right to know the capitalized or “cap” cost. There is no way to calculate your “APR” or “Annual Purchase Rate” without this magic number. Insist that the vital cap cost be given and divulged to you. If not – then in this day and age there are plenty of other automotive dealers to buy or lease a vehicle from.

It is an interesting fact that many leased vehicle buyers are more than happy with their vehicle even after the covered time period. The car started new. You know its history and maintenance schedule and routine and any accident history since you are the original owner and driver. It’s not as if you had even purchased a one year vehicle from a dealership – which was most likely a drive rental vehicle and most likely will not have such a clear and known record. You may well decide to extend your lease period. Ask upfront about any lease extension terms, rates and additional add on costs or fees. You may not want to lock yourself in at the beginning for a very long term lease – yet if you are happy with the vehicle – then by extending the lease period you may find it a very easy and nice way to reduce your monthly payments , while driving a known and reliable vehicle that you still enjoy.

Lastly examine and take into account any assumptions that you may currently have of your driving habits. Not only with a newer or more reliable vehicle may you drive more or motor vacations that you may not of considered in the past but also there may be additional drivers that come onto the scene who would of not of been included before. Spouses or kids with driver licenses may well add miles to the vehicle on a regular ongoing basis that may not of been included in your or the leasing agent’s quick calculations when the whole deal is set up. Mileage over a given threshold may invoke not unsubstantial costs, fees and penalties.

In the end in shopping for a new vehicle – be it purchased outright, be bought on payments or leased it is always best to do careful and thorough homework and never be afraid to ask questions. Purchasing a vehicle is always a case of buyer beware and purchaser err on the side of caution.

Posted in Automotive |

Tags: Automotive, Best, Choices, Finance, Leasing, Vehicle | No Comments »

The Truth About Automotive Vehicle Rust

June 15th, 2011 | Author: admin

Rust rust rust . Live long enough and it will eat your vehicle alive leaving your car, truck , SUV or truck in one tangled ugly and perhaps unsafe in any roadworthy means . Rust is ugly and disfiguring to your automotive vehicle. What is rust and how it can it be prevented or at the worst dealt with ?

Scientifically “rust” is the oxidation process of metals. That means that the gas oxygen , which we need to live and breathe , that oxygen mixes with the metal of your treasured possession – that is your automotive vehicle , combines with that metal and creates , in the case of your vehicle , damaging rust. Rust development and growth is greatly helped along by moisture and a slight electrical current. Some areas of the United States and Canada are worse than others when it comes to rust and rust formation. Worse areas seem to be areas of high moisture , and a high concentration of salt on the roads or conversely areas of melting snow or rainfall that use a lot of ice to keep their roads free of ice and snow. Conversely very dry areas – such as Arizona , or very cold areas where it never warms up – like the North Pole or Manitoba may have as much as a prevalence or incidence of rust on their vehicles. However just try to start your car in the dead of a Canadian or North Pole winter.

If anything rust damage must be treated almost as a dentist treats tooth decay that is you get out all the damage you can , as quick as you can . Then you promptly fill damaged areas – be it the cavity in your mouth with a filling by the professional in this case the dentist. In the case of your vehicle the auto body automotive professional cuts out all the damaged corroded metal – the rust on your automotive vehicle – and then replaces or fills in the area with new , clean , rust free metal .

To do it properly , to remove the rust fully and completely takes time , energy and cost. It must be noted and more than emphasized that generally the rust that you see is the surface rust component only. Its like the iceberg that hit the Titanic – where only the smallest component of that giant iceberg that did in the giant ship the Titanic was above water. The majority was below the water surface , invisible , deadly and unseen yet doing its great damage . In the same way the largest , indeed almost all of the deadly rust is below the surface of the metal of your vehicle . Out of sight yet doing its great damage. Simply doing a cosmetic job and not removing the rust fully is shortsighted. That rust will return, grow and spread you can count on it fully. Think you can do a paint job over the rust and all your sins are covered – well you can but its simply a waste of time and your money. You are like the little boy simply “whistling Dixie in the dark”

In the end rust can be prevented on your vehicle to some degree through simple maintenance. Keeping your car dry , clean and repairing paint and metal damage spots promptly so that rust itself will not have as fast as chance to grow , spread and disfigure your automotive vehicle/

However once rust has taken hold on your car, truck , van or SUV there is only one sure , tried and true method of stopping rust – and its effect on the worth and depreciation of dollar value worth on your vehicle. That is a proper processional job of rust removal and repair at a professional auto body or mechanical shop or garage.

Posted in Automotive |

Tags: About, Automotive, Rust, Truth, Vehicle | No Comments »

Bombardier ATV – Evolution Of A Recreational Vehicle

June 11th, 2011 | Author: admin

Bombardier is a manufacturer for all-terrain vehicles (ATV) and is a competitor for companies such as Honda and Yamaha etc. The company was founded by J.A. Bombardier back in the year 1942. Today, in the United States, Asia Pacific and Europe, the company employs nearly 7500 people.

One of its primary products is the Traxster Max ATV. It has been noted by many watchers in the all-terrain vehicle industry as being innovative and for its design and construction.

Traxster Max ATV

Some of the features of Bombardiers Traxster Max makes it an ATV that differs from others in its market. One of the Traxster Max’s defining features is that the engineers of the company decided to design it for two riders. The Bombardier Traxster Max is set up for tandem seating, which is kind of like riding a motorcycle, while retaining the same shape and size as a traditional quad. Conversely, manufacturers such as Polaris, John Deere and others only have seating that is side-by-side for multiple passenger off-road vehicles.

Both the passenger and the driver are provided with acceptable seating comfort. If you have ever taken a ride on the back of an ATV, you will be familiar with how less than comfortable it can be. Hitting any type of road obstruction such as a rock or a medium size branch can have some painful results to the rear passenger.

The Traxster ATV allows for ample leg protection as well as substantial support from the suspension so that each rider can experience a less harsh off-road experience. This ATV also has ample power, equipped with a four stroke, liquid cooled engine that is powerful enough to to handle most any task.

An ATV For Work and Play

There are many reasons why people buy ATVs. For people that enjoy off-road racing, Bombardier has an ATV Rally series model DS90, for people who prefer off-road excurstions.

For the professional minded individuals, Bombardier has a model known as the Outlander. In the year 2006, Bombardier made a significant announcement that it was no longer going to produce its Quest and Traxter ATVs to be replaced by Outlander platform. The reason for this was because these machines were primarily made for work first, and recreation a distant second. They still stated that they were going to support the Quest and Traxter but were going to put significant effort into building and marketing the Outlander.

Bombardier’s Competitors

When considering buying a Bombardier ATV, you should also take into consideration other companies that manufacture off-road vehicles throughout the world. Companies such as Honda, Yamaha, Suzuki, Polaris and Kazuma. All these various manufacturers have a large loyal base of users who would support each one.

Posted in ATV |

Tags: Bombardier, Evolution, Recreational, Vehicle | No Comments »

Automotive Paint to Save your Vehicle from Rust

June 1st, 2011 | Author: admin

Article by David Ciglar

Being a car owner you will completely agree with the fact that owning a car is much easier than maintaining one. Maintenance of your beloved car primarily requires preventing it from rusting. Rust is one of the constant worries that dwell in one’s mind when it comes to keeping that lovable four wheeler intact.Rust can have detrimental effects on your car. Rust can cause the iron parts to get stuck that are meant to slide over one another. It could have dangerous consequences like making holes in the sheet metal of the car. Other than this, rust also spoils the appearance of your adorable four wheeler by discoloring the metal and making it rough and weak. So the importance of checking your car for rust can’t be ruled out.Dealing with rust prevention problems can be quite a tedious task. There are many products available in the market that will offer a solution to the problem. However most of these products offer only a temporary solution leaving you in a situation of re application after some time of their use. There is nothing to worry about when using rust bullet’s Automotive Paint with proper application it will outlast all the industry leaders for rust related problems.Rust bullet’s automotive paint is a Rust Prevention Product, which is a sure shot way to deal with rust and eliminating all worries for a very long time. It not only prevents your vehicle from rusting it also acts as a rust repair product. Rust Bullets Automotive paint is a great solution to all rust problems as it has been scientifically tested and retested to offer the best protection from rust.Rust Bullet’s automotive paint provides you with more than just one benefit. Its ease of application a one-step two coat process ensures that you will not be confronted with an otherwise tedious task. Automotive paint can be applied to any kind of surface-clean or rusty. Being UV resistant it does not require any top coat primer after application. Besides preventing your vehicle from rusting it enhances the adhesive properties of any topcoat you may wish to use. Automotive paint offers excellent abrasion resistance and offers resistance to acid splash and harsh chemical solvents or acids. It is cost effective and can serve you for over 10 years. So Stop Rust with Rust Bullet.

About the Author

David is a well known author who writes on topics related to car rust protection, Rust Prevention Products and Rust Corrosion Prevention products

Posted in Automotive |

Tags: Automotive, From, Paint, Rust, Save, Vehicle | No Comments »

Do Your Financial And Automotive Homework Before Buying Or Leasing Your Next Vehicle

May 25th, 2011 | Author: admin

Is leasing a car, rather than purchasing a car on time payments a good thing or not. As with questions in life, it all depends on your financial and/ or automotive situation and as well who tells the story.

It is true that business can write off lease costs whereas that is not such an advantage to an individual car user. However this is not necessarily so. First it all depends on your situation and as well you’re negotiating skills. It is always better to be in an informed and prepared manner.

First of all leasing a car is downright attractive due to current low interest rates. Almost every month you will read in the popular news that the “Fed has cut interest rates again”. What this means to you is that in an overall sense that interest rates are less to you. This should mean lower leasing costs to you. If interest rates, in the banking industry and market are lower, so should be the interest rate basis in your lease negotiations and payments.

What are the advantages of leasing a vehicle? You will get a new vehicle to drive. When your leasing agreement term is over – then you hand the car in and walk away.

It may be debated that by leasing the car you will have no equity or asset accumulation left at this point in this automotive transaction. If you had bought the car, with payments, the car would be yours at some point, lock stock and barrel.

However major components and overall costs of running a car are maintenance costs. With a new vehicle – it is unlikely that you will incur these costs. First of all the car is new. Major repairs and costs are unlikely. In addition the car will come with a manufacturer’s warranty which should cover you for the majority if not all of the lease time period.

With modern, newer and especially smaller cars it seems that all repairs seem to be very expensive. After a certain point of time, use and mileage, it is not as if the car “nickel and dimes” you to death. Most of the innards of modern cars seem to be electronic in nature with advanced (read expensive and hard to fix) modules. There are few simple to repair mechanically based, non electronic component, cars. In addition for mechanics to work on cars now “everything is struggle’ “and as well spaces are tight and very hard to work within. In a summary the old “nickels and dimes” are now “five hundreds, thousands and several thousands”. With a leased car arrangement you may not own the car, with its equity. Neither do you have repair costs and heartaches. In addition you have a reliable vehicle to get you to work or to chauffer around your family.

There are several terms and factors to be knowledgeable about in your calculations and comparisons for auto purchase versus lease workup and lease negotiations.

First of all research the leasing tax rules in your jurisdictions. For example in your state you may well only pay sales taxes on monthly payments, not on the cost of the vehicle. It all depends on the negotiations of your payments- which involve the time frame and value of the car at the take back time end of lease.

Next what are the fees? For example the fee at the end of turn in, paperwork fees and fees for “excess miles”. Are these negotiatiable? In the case of the “excess mileage” and “excess mileage fees” are these carved in stone or can the allotment or rates charged be reduced? In the case of the “turn in” fee. If you offer to increase your monthly payment – often this fee will be reduced.

In order to best negotiate you will have to speak the same language and terms as the lease negotiator. Several terms to know, comprehend and understand are “Capitalized Cost”, “Money Factor” and “Residual Value”.

Simply put the cost of the leased vehicle is confusingly described as the “Capitalized Cost”. Just as you would haggle over the cost of buying a new car, you should not accept a stated price or manufacturers suggested retail price (M.S.R.P.) as the price paid.

Haggle and argue over the “Capitalized Cost” just as you would in any car or automotive deal.

Next in line in proper automotive leasing terms is the term “Money Factor”. “Money Factor “is the interest rate upon which the leasing calculations are based upon. The lower the number of the “Money Factor”, the better for you. As a rough guide and estimate multiply the “Money Factor” value by 2550 to get an estimate of the relevant interest rate.

Last in the line of leasing and leasing lingo is the term “Residual Value”. “Residual Value” is the amount that the car, S.U.V. or truck vehicle is said to be worth at the end of the lease period. Simply put, the more the vehicle is deemed to be worth, at this time period, the less will be your total amount due to be paid overall for your lease. Thus the higher the “Residual Value” at the end of your lease, the much lower will be your monthly lease payments.

In the end, your car purchase or lease decision will come down to two factors. Reliability of transportation and the total cash outlay from your personal pocketbook or wallet.

Posted in Automotive |

Tags: Automotive, Before, Buying, Financial, Homework, Leasing, Next, Vehicle | No Comments »