Posted in Budget-friendly, Cost of Ownership, car buying incentives, Automotive on Jun 27th, 2008
Residual value. It’s a term often uttered, but rarely really understood. It could mean the difference between a good purchase and a money pit. Residual value is what makes your car purchase a good long-term investment, not just a good buy the day you pick it up from the dealer.
Edmunds.com has released it’s newest list […]
Posted in Hybrids, Trucks, SUV, Fuel Prices, Cost of Ownership, Automotive on Jun 12th, 2008
The signs are everywhere. People are finally starting to get it. Gas prices are not coming down. It’s just becoming to big of an expense to drive and own a big truck or SUV.
Across the board manufactures are starting to get affected by ever slumping ans weakening truck and SUV sales. How are they dealing […]
Posted in Cost of Ownership, Financing, Automotive on May 16th, 2008
Detroit - The purchase of an average-priced new vehicle took 23.9 weeks of median family income in the first quarter of 2008, according to the latest Auto Affordability Index compiled by Comerica Bank.
The latest reading is down 0.6 weeks from the fourth quarter and 1.1 weeks compared to a year ago. Including finance charges, the […]
Posted in SUV, Hybrids, Trucks, Gas Prices, Fuel Prices, Financing, Cost of Ownership, Automotive on May 6th, 2008
If you’re an impulsive person, you make decisions on a whim and usually don’t think about the long-term effects of your decisions. With the current gas price hike, car owners are really considering more fuel-efficient vehicles.
For some consumers though, especially the impulsive ones, they are tempted to just head down to the dealer and trade […]
Posted in overall value, Cost of Ownership, Car Reviews, Automotive on Apr 25th, 2008
CNN Money has a great story on their Web site listing the top 5 vehicles based on their value. IntelliChoice.com came up with the top 5. The cars also were ranked based on the cost of ownership over 5 years.
Which cars made the top 5? Click here to find out!
Auto money resale […]
Posted in Cars For Commuting, Electric cars, Cost of Ownership, Research, Automotive on Mar 22nd, 2008
In a world where hybrid cars seem to only extend the life of fossil fuel usage, it’s only right to give credit when a company comes up with an alternative (key word here) that does not run on dead dinosaurs at all.
Mitsubishi is that company, and recently they revealed a prototype for a full on, […]
Posted in Hybrids, Toyota, Honda, Cars For Commuting, Cost of Ownership, Car Budget on Mar 20th, 2008
I have started to look at replacing an Acura I have that comes off a lease soon. Given it is my wife’s car she wants another mid-size car to move the family around. But she added that special phrase we all hear nowadays, “I want to save money on gas.” Well, this seems like a […]
Posted in Gas Prices, Cars For Commuting, Fuel Prices, Cost of Ownership, Incentives, Automotive on Feb 18th, 2008
London’s downtown city center in very congested. It’s roads are so crowded that the city has been applying a “city-tax” to any motorists who want to enter the city center by car. Current motorists must pay £8 (about $15 U.S.) to enter London’s congestion zone. Originally, the program aimed to reduce traffic in the area. […]
Posted in Buying vs Leasing, Cost of Ownership, car buying incentives, Research, Financing, Automotive on Jan 25th, 2008
Times have changed. The days of going into your friendly neighborhood dealership and sitting down with a smiling salesman are coming to a close. The way we shop for cars is not the way your dad shopped for cars.
The internet has vastly improved a consumers resources. Any average Joe is just a few clicks away […]
Posted in Hybrids, Gas Prices, Cost of Ownership, Automotive on Jan 17th, 2008
Intellichoice has come out and stated they have found 12 hybrids worth buying. Those of us who might consider a hybrid to help do our part for the environment might jump at the list. But, the comparison is just a particular car versus the non- hybrid version. An example of this is the Ford Escape hybrid, […]