Used Cars And Truck Deals

Used cars and trucks can save a buyer a ton of money. Your savings in the short run will be on the cost of the vehicle the taxes and depending on locality tabs and licensing. In the long run you will save on insurance and if you buy a vehicle with good ratings and a good resale value it will probably retain that value over the years and it all depends on the model or make of the vehicle.

When searching through classified ads or want ads the best car deals seem to be gone as soon as you make the call or it is already sold or has a deposit on it. It is best to get the paper as soon as it hits the newsstands and this could be in the early morning hours before most people are awake.

When searching for a vehicle it is a good idea to have a book value so you know what a fair market value is. Very few vehicles appreciate unless they are collectibles or antiques. If you know what the fair market value is you have a better position to bargain from. Many sellers when they advertise a car for sale already know what the value is. It is your responsibility as a buyer buying that used car to know the booked price. These prices can be found on the Internet or online databases or publications or books that specialize in market values of vehicles. Just visit you local book store or magazine stand. If you are really hard pressed for a book value you can always cal your bank and often they can give you a price.

When out at used car dealer lots or checking out private sales it is best to have either a personal loan or know what your loan options are available. It can take the reassure off from a high pressure sales pitch as your signing paper work and a contract with a dealer. It pays to shop around on financing first instead of waiting to your only option and possibly ending up paying much higher interest rates on a loan. If your paying cash then the pressure is off and you also have a better bargaining position to negotiate a better deal on used cars.

When negotiating a price always start at about 25% less than the asking price or sticker price. If you know your book values or better yet have a publication with values and the seller scoffs then you have something to reference too. Things that can reduce the price of used trucks or cars are mileage, paint condition, cracked windshield, door dings and pain scratches. Funny engine noises should not be ignored. Strange smells in the car can indicate other problems such as water leaks. These are flaws or issues that can be used to reduce the price of used cars or trucks. Usually with a large laundry list a seller may be willing to reduce or come down to your price. If not just be firm and let them know that you are shopping give them your phone number and let them know that if they should change their mind within the next 24 hours to give you a call.

When searching for that special deal there are other sources to consider. Police auctions or government auctions can be a great source of cheap used cars, truck, SUV’s, motorcycles and much more. May of these vehicles are procured by confiscation, recovery, surplus or have even just been abandoned. Bank reposes ions can be another cheap source your bank may even list these online or in a monthly newsletter.

There are advantages to buying a used car from a dealer or a private party. A reputable dealer will often inspect used cars and trucks and if they do not pass they are then sent off to auction or a bargain lot across town. Also with a dealer you may be able to negotiate a used extended car warranty at dealer cost into the deal. With a used car dealer though you will pay a little more for a vehicle in excellent condition as oppose to a private sale. Regardless of who buy a used car or truck form you should try to have a mechanic do an engine check or diagnostic test if time permits before you make that purchase. Your best deals though do not always allow you this freedom so if you know what to look for and what questions to ask you should increase you chances of getting an excellent used car deal.

World Economy Turns Exotic Cars Into Gold

As the U.S. dollar slides and concerns about rising inflation and recession grow, gold and oil prices are surging. And with spot gold hitting a record high of US$975.00 a troy ounce recently, and oil reaching $100 per barrel, some analysts say the dollar is going to continue to decline and the Euro and other foreign currencies will strengthen.

Investors and consumers tuned in to Congressional testimony by Fed Chief Ben Bernanke. On Feb. 27, 2008 Bernanke hinted that future rate cuts were on the table. He conceded the following day that he does not predict a return to 1970s-type Stagflation. However, he did mention the credit and sub-prime mortgages crises could cause some banks to fail. In addition, the Labor Department announced initial jobless claims jumped 19,000 to 373,000 and the Commerce Department revealed the economy came to a near crawl in the fourth quarter, growing just 0.6%. The Dow Jones Industrial Average dropped 113 points to 12,581.

So what does all this have to do with luxury and exotic cars? Allot!

Let us examine some historical prices and facts as a comparison to market prices today.

2002 Porsche Boxster: MSRP: $42,600 – $51,600 2008 Porsche Boxster: MSRP $45,800 – 59,000

2002 Ferrari 360 Spider Convertible: MSRP: $160,724 – $170,290
2008 Ferrari F460 Spider Convertible: MSRP: $206,063 – $216,375

2002 Gold per oz. Low: $277.80 High: $349.30 2008 Gold (March) per oz. $978.00
2002 Silver Low: $4.23 High $5.05 2008 Silver (March) per oz. $ 19.81

2002 Oil Price per barrel: $26.13 2008 (Feb) Oil Price per barrel: $ 103.00

Let us start with the Porsche. The increase from 2002 to present March 2008 is: 16%

The Ferrari is slightly skewed because of an upgraded spider model. Nevertheless the increase from 2002 to present March 2008 is: 27%

The percentage increase of Gold is: 180%
The percentage increase of Silver is: 292%
The percentage increase of oil is: 294%

Now let us look at the value of the dollar as compared from 2002 to the present. The U.S Dollar as compared to the Euro in 2002 was about 1 to 1 ($1 = 1 Euro). Today $1 = 0.66 Euro. That is a decline of approximately 51% to the Dollar. That means that today you are getting a bigger bang for the Euro than the almighty buck Which is precisely why people from overseas who use the Euro as their currency are flocking to the United States to buy our goods at much cheaper prices than they would have to pay for the same goods in their native country.

Therefore when you compare the price increases of the commodities above with a foreign luxury/exotic car, the increase in costs for the cars are substantially lower thus making the purchasing power of the car more economically plausible.

Many economists are saying that the value of the dollar will eventually stabilize and potentially once again gain in value. When that will happen is anybodies guess. So what does this all mean to the purchasing power of a luxury/exotic motor car? The answer very simply is, buy a foreign luxury or exotic car here in the United States while the percentage difference of the weak Dollar vs. the strong Euro continues to be an issue. As long as the price increases of the luxury/exotic cars remains lower than commodity values listed above, the cost of buying a new or used Ferrari or Aston Martin, etc. is like buying gold bullion at prices of gold from 2002 (in my opinion).

Tips On Deconstructing Some Of The Information Circulating On Hybrid Cars

If youre someone looking for information on hybrid cars, the internet offers many interesting sites. Below are some examples of information available on the internet.

Basically, hybrid cars are normally, fuel efficient with two motors per vehicle. One motor is electric powered, while the other is gasoline powered. Also, hybrid cars have special systems to absorb energy produced during braking. This energy is stored in one of the batteries.

One website started its information on hybrid cars by posing the question: Why go hybrid, why not a straight gas or electric powered car? It went on to explain about one of the basic rules of science that the more complex the system is, the greater is the tendency to fail.

When used in relation to two motors, this complexity will mean the propensity of the motors to be more susceptible to breakdown. Accordingly, this is the reason why boat owners choose one motor instead of two. But this problem is a question provided that is legitimate, and as yet, is a question that experts have not fully explained.

Other websites also labored in explaining the two-motors, two-trouble concept.

One website based marketing company tried to explain the reason for the double-motor as a way to complement both motors strength and weaknesses. Electric motors were supposed to shut off, thereby saving on fuel, during inactivity. Gas motors on the other hand, will take over on high speed driving. During this high speed driving, the gas motor can give more power.

This means, the website went further in explaining that during rush hour when stop and go are more frequent, the electric motor will work its wonders. The electric motor during low speed driving does not produce exhaust, resulting in much reduced smog levels.

Another website adds information on hybrid cars and explains the benefit of having this type of hybrid vehicle by concentrating on its self-charging battery. This is achieved making it possible for the motor to recharge the battery onboard while it runs. This battery is then used by the electric motor for its use. With hybrid cars, the gas motor starts automatically when the battery is out of power, it gets low and charges it while running.

Still, another site concentrated its information on hybrid cars by offering an alternative opinion regarding hybrid cars. The site explained that the only draw back in the technology behind hybrid cars is the equivalent expense. It went into explaining that hybrid cars are outright expensive.

The two motors, says the site, is complex enough for maneuvering, because of its ancillary systems to be managed. With this come also the heavy battery and a regeneration system for electricity production during breaks.

This was quickly debunked by another website, in its information on hybrid cars section. It went on to explain that hybrid vehicles are the most fuel efficient of all vehicles.

Much of this efficiency, the site further explained, originates from an improved aerodynamics (less resistance against air), greatly reduced weight, and its smaller gas engine.

Aside from the information on hybrid cars mentioned above, some websites focused on the issue of environmental concerns related to hybrid cars. As a whole, hybrid vehicles offer some relief for the environment, in the long run. Even a minute reduction in fuel consumption would produce a huge amount of emission reduction.

Also, the said site continued, hybrid cars will serve as a desirable alternative in large cities, where pollution is worst. Since urban or semi-urban driving is usually characterized by slow-driving, hybrid cars are better suited for they give off low emissions during slow driving, particularly during heavy traffic.

The last website reviewed, with information on hybrid cars, concentrated on the performance aspect of the hybrid vehicles. This performance is based on the assumption that smaller gasoline engines are more efficient than larger ones. Since hybrid cars have smaller engines, hybrids have more efficiency in terms of fuel usage.

In a small engine, the efficiency can be assured by using smaller and lighter parts. This in turn will trim down the number of cylinders. Further, this will allow the engine to operate much closer to its maximum capacity.

Information on hybrid cars is not lacking on the internet. Each with different angle representing different interests. But at the end of the day, it is the interest of the consumer that counts.