Posted in Automotive, Cost of Ownership on Dec 21st, 2007
Anyone shopping for a car from the General needs to know this. For 2008 GM is raising the price of it’s vehicles an average of $500. Some cars won’t be affected at all, while cars like the Cadillac XLR will recieve a $1,500 price increase. GM is siting “increased steel and commodity costs” as the […]
Posted in Automotive, Cost of Ownership, Electric cars on Dec 12th, 2007
The Canadian government is leading the way in convincing drivers to switch to green vehicles. Thirty-two vehicles in 2008 qualify for the government’s ecoAUTO Rebate Program. The program works by encouraging people to drive more fuel efficient vehicles. Canadians can get a cash rebate ranging from $1,000 to $2,000 on the purchase or long-term lease […]
Posted in Automotive, Car Reviews, Cost of Ownership, Financing, resale values on Dec 5th, 2007
Car pricing source Kelley Blue Book recently announced it’s picks for the cars with the best resale value in 2008. The award recognizes current and upcoming vehicles for their projected retained value five years from now (the average ownership period). These awards are designed to help consumers make more informed car-buying decisions. They help the […]
Posted in Automotive, Buying vs Leasing, Car Budget, Cost of Ownership, Financing, Incentives, resale values on Nov 28th, 2007
It long been a fact that American cars don’t hold any resale value. Anyone who’s had the displeasure of experiencing the difference between an imports depreciation versus an domestic vehicle’s will wholeheartedly agree. There are just to many American cars on the road and this fact alone drives prices, and value, down. Domestic car manufactures […]
Posted in auto loan, Automotive, Bad Credit, Bankruptcy, Cost of Ownership, Credit Scores, Financing on Nov 20th, 2007
Analysts are worried. They are worried that rising troubles in the mortgage industry could spill over into the auto loans industry. In a recent article on Autonews24h.com, Lehman Brothers financial analyst Brian Johnson said his analysis of auto loan-backed securities sold by Ford Motor Credit Co. (NYSE:F) and GMAC Financial Services (NYSE:GM) showed some higher […]
Posted in 0% Financing, auto loan, Automotive, Car Budget, car buying incentives, Cost of Ownership, Financing, Incentives, Rebates on Nov 10th, 2007
In a bid to move remaining Pacificas, Crosfires, Magnum wagons, and PT Cruiser convertibles, Chrysler is offering huge discounts on remaining models. These particular models will be dropped from the line-up next year. Heavy incentives will be offere starting in late November, and going on through December. That last month of the year in particular, […]
Posted in Automotive, Cost of Ownership, Recalls, Safety, Warranties on Nov 10th, 2007
Volkswagen USA is issuing a recall concerning some 2005-2008 Jetta sedans and 2006-2008 Rabbit/GTI/R32 vehicles. It seems these select vehicles fail to fully conform to Federal Motor Vehicle Safety Standard No. 108- Lamps, Reflective Devices, and Associated Equipment. What is the problem? Some vehicle may have missing or misplaced caps on certain aiming adjustments as […]
Posted in Automotive, Cost of Ownership, Research, Safety on Nov 8th, 2007
Imagine a tire that lasted twice the life span of an ordinary tire. One that could go for twice the distance with no sacrifice in wear, ride, comfort, or handling whatsoever. Well Michelin, the world’s second-largest tire manufacture, has just announced it is working on several new advances in tire-technology aimed at reducing your cars […]
Posted in Automotive, car buying incentives, Car Reviews, Cost of Ownership on Nov 2nd, 2007
The technology has been around for ages. Cars have been running on diesel fuel for more than 100 years now and the technology is experiencing a sort of a renaissance of sorts. The European market has been at the front of clean diesel technology and has made some impressive progress towards making diesel a real […]
Posted in Automotive, Car Budget, Cost of Ownership, Financing, Research on Nov 1st, 2007
How much does your car cost? No, not just the purchase price, but the cost of ownership. Still confused? Well, Edmunds.com has just released their popular Truest Cost to Own list for October 2007. What does truest cost to own mean? Well this means which vehicles cost the least over the life of the car, […]
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