Getting a sports car is an investment since it involves a lot of money. If the person has enough money to buy one, then there are other things that a person can think about before driving it off the dealers lot.
Sports cars usually have only two-seats. If you want to have more than one passenger then you must choose another style of car.
Cars come with different transmissions that can be from 5 to 6 speed or automatic. If you do not mind stepping the pedal then a stick shift will do just fine, however if you find this to be inconvenient especially in traffic, then choose a car with an automatic transmission.
Sports cars are built for speed and not comfort. If you decide to add a little comfort when driving the vehicle with friends, then the location of engine is another deciding factor before buying.
A sports car is an expensive one that is two or three times more expensive than a regular car. If there is the possibility that you might lose interest in a sports car, then it is best to purchase a different style of vehicle available in the market one that will retain its resale value so that you are not spending your money for just a new toy.
Since there are many brands of sports cars that are made locally and/or imported, it is best to test drive a vehicle to check how much horse power the car will have, or you desire, for the value before choosing that particular sports car…
Doing some research will help you get the best deal possible. You can do this by surfing the internet or going to a dealership for brochures. Auto magazines can also provide useful information to assess a vehicles performance, technical specifications and reliability.
The Insurance Institute for Highway Safety has data on crash tests for certain vehicles. You can check with this office to ascertain the reliability of the car you are considering.
The sports car is truly one toy that is for the big boys. Finding one will take some time but it will all pay off when you are finally driving it.
Tags: Auto Magazines, Automatic Transmission, Big Boys, Brochures, Car Cars, Crash Tests, Dealers Lot, Different Style, Horse Power, Insurance Institute For Highway Safety, Need For Speed, New Toy, Resale Value, Sports Car, Sports Cars, Stick Shift, Technical Specifications, Three Times, Transmissions, Will Take Some TimeRelated posts
Looking to buy a hybrid car? Are you scouring the web for which are the best hybrid cars, what are the facts about hybrid cars, and perhaps even what are hybrid cars for sale on eBay?
Just hold on a moment and slow down. Of course, a hybrid car is a popular choice right now. And you’re thinking that getting a hybrid vehicle is all about doing your bit about global warming and save money on fuel. It’s a feel-good, win-win situation isn’t it?
But is this true and is that all there is to it? Well, let’s just say that there are at least seven good reasons why you should not buy a hybrid car.
Do you need a hybrid car?
Have you thought about your purpose of using a car at all? Who, and how many passengers will be using the car? Driving in the city or in the country? Perhaps public transport, a bicycle or an electric scooter could fit your needs just as well.
Just because we’re all used to the comfort of our air-conditioned boxes on wheels does not necessarily mean we need to continue the habit, does it? You don’t really need a car, hybrid or other? Then the best thing you can do for the environment, and for your pocket, is not to buy one.
Would your hybrid hold its value?
OK, so you know that hybrid car prices are above average but are inevitably coming down with a rapidly increasing demand. You also know that any tax incentives that may apply now may not continue forever. What does that mean? It means that you will not be able to sell your car at a premium price later, even though resale value is good now. So if you buy a hybrid because you think it will hold its value, don’t count on that being true in five year’s time.
Getting your money back by saving on fuel?
This depends on your mileage and the model hybrid. Even in the best scenarios you will need five years before you recoup your purchase price. Don’t buy a hybrid for economic reasons only.
What are your alternatives?
Hybrid car technology is only one means of saving the environment and your money. Cars that drive on liquid petroleum gas (LPG) or natural liquid gas (NLG) do this too. Modern diesel vehicles run much cleaner than older models and biodiesel fuel is emerging rapidly as an alternative, not to mention ethanol blends.
So, if you cannot justify buying a hybrid car compared to what’s locally available to you in alternative fuels, don’t buy one.
Mechanical assistance?
Many mechanics are not yet trained in maintaining a hybrid vehicle. Could you get yours repaired and maintained locally?
Hybrids ain’t hybrids
The hybrid car range includes SUVs. How many people really need one? Buying a hybrid to roll over the off-road environment seems a little incongruous. Don’t buy one unless you absolutely cannot do without it for good reasons.
Saving the environment?
You are probably like most people who buy a hybrid car because they want to do their bit about global warming. Right? Good for you. Hybrid cars are part of the future. But…
You cannot buy a sustainable world. Selling cars, whatever fuel they use, involves vast quantities of energy and emissions in mining metals, transportation, production and distribution. Whereas it is better to drive a hybrid car than a gasoline-driven one, don’t expect to save the planet from global warming just by doing that.
It’s a change in thinking that’s needed, from seeing ourselves as independent consumers, to interdependent people who live in relationship to others and our environments. Once you and I know that we’ll act more wisely in choosing Earth-friendly technologies that we really need.
Cannot afford to buy a hybrid? So what? Reach out to someone else who needs you today or volunteer in your local environment protection group. That’s really putting your foot down in making a difference!
Tags: Best Hybrid Cars, Bicycle, Car Prices, Car Technology, Cars For Sale, Ebay, Economic Reasons, Electric Scooter, Global Warming, Habit, Hybrid Car, Hybrid Vehicle, Mileage, Premium Price, Public Transport, Resale Value, Saving The Environment, Scenarios, Tax Incentives, WheelsRelated posts
What To Do Before Buying That New Car Or Truck
Ahhhh, that new car smell…
It’s great isn’t it? But it comes at a premium. We all know that it’s cheaper to buy used instead of new, but if you still don’t think you can live without that fragrance of a new car (the real one, not the one you buy from Wal-Mart in the little spray can) – then at least think about following these steps first:
1. Research! If you absolutely have to have a new car, do yourself a favor and spend some time at Edmunds.com and research some of the cars that you are thinking about buying. If you have a specific car in mind already, be sure to research the other cars in its class as well. You might even find another one you like better and is rated higher from consumers, has higher crash test scores, better resale value, higher mpg’s, or whatever else floats your boat.
2. Once you have decided on a car, Edmunds has a great feature for pricing – it’s called True Market Value. That is basically how much other people are paying for that specific car. This can give you great leverage when negotiating the price on your new vehicle. But you also must keep in mind that it’s not a definite price level, but more of a guide for haggling with the salesman about the price.
3. Dare I say the “L” word? Loan! There I said it, whew. Once you have settled on a fair price for the vehicle you are buying, it’s time to think about how you’re going to pay for it. Since most of us don’t pay cash for new cars, most likely you’ll need to obtain a loan for your new ride. If so, then you need to pay close attention to the interest rate on the loan. This is not something that can normally be negotiated, but you still need to be aware of what your interest rate will be – even 1 percentage point lower can save you over $700 on an average priced new vehicle, over the life of the loan.
My advice on this would be to go after those low APR loan offers that the dealerships sometimes have. You know, the “buy now and receive 2.9% apr for up to 60 months” type of offers. That can save you some big bucks, lets take a closer look…
How much money can lower interest save?
Ok, lets use an interest rate comparison loan calculator and plug in some numbers, and see what we get.
Example 1 – lets say it’s for a Chevy Impala:
Loan amount: $25,000
Regular interest rate: 6.9%
Special low interest rate: 3.9%
Loan length: 5 years
Total savings with lower rate: $2,073.94
That’s right, for this example the lower interest rate would save you more than $2k over the 5 year length of the loan. That money would be much better off sitting in an interest bearing bank account, don’t you think? Just for kicks, lets do a higher priced vehicle with the same comparison criteria…
Example 2 – Let’s say you want a Tahoe instead:
Loan amount: $45,000
Regular interest rate: 6.9%
Special low interest rate: 3.9%
Loan length: 5 years
Total savings with lower rate: $3,733.08
With example 2, you would save almost $4k in interest over the life of the loan. That would be a nice down payment on your next vehicle don’t you think?
There are many different things that factor in to what vehicle you actually end up purchasing – comfort, resale value, safety, style etc. Just make sure you add “research” and “interest rate” to that list, and stay informed!
Tags: Buying Car, Consumers, Crash Test, Definite Price, Edmunds, Fragrance, Interest Rate, L Word, Leverage, Low Apr Loan, Mpg, New Car, New Cars, Percentage Point, Resale Value, T Pay, Test Scores, True Market Value, True Value, Wal Mart