Posted in Automotive, Cost of Ownership, Lexus, Luxury vehicles, Sports cars, Toyota on Oct 25th, 2009
Toyota has been busy this year. First, the affordable FT-86 was revealed, and now the anything-but-affordable Lexus LF-A supercar has been unveiled. Apparently Toyota has been listening to all the complaints that its lineup is made up of transportation appliances rather than passionate cars. The gorgeous Lexus LF-A is anything but an [...]
Posted in Automotive, Bankruptcy, Chrysler, Cost of Ownership, GM, Recalls, Safety on Jun 23rd, 2009
A report by Safety Research and Strategies says that more than 3,400 Americans will be injured or killed by defective GM and Chrysler products in the first year after bankruptcy. Since Chrysler and most likely GM won’t be held liable for any defects on vehicles sold before their bankruptcies, all those people will have nobody [...]
Posted in Automotive, Cost of Ownership, car repairs on Feb 27th, 2009
One way consumers can save money on auto maintenance costs is by comparison shopping and calling several dealerships and independent shops, according to a new analysis in Consumer Reports’ Annual Auto issue.
“Consumers are feeling the pinch these days, but with a little detective work, they can save hundreds, while still taking proper care of their [...]
Posted in Automotive, BMW, Car Budget, Cost of Ownership on Aug 26th, 2008
BMW has recently announced they are hiking up pricing on all new 2009 BMW models due to ever rising costs. The company said the increases were “driven mainly by continually rising raw materials costs and ongoing exchange rate pressure,” in a statement released on Monday.
“The significant structural and economic changes in the marketplace are prompting [...]
Posted in Automotive, Budget-friendly, Cost of Ownership, car buying incentives 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 Automotive, Cost of Ownership, Fuel Prices, Hybrids, SUV, Trucks 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 Automotive, Cost of Ownership, Financing 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 Automotive, Cost of Ownership, Financing, Fuel Prices, Gas Prices, Hybrids, SUV, Trucks 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 Automotive, Car Reviews, Cost of Ownership, overall value 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!
Posted in Automotive, Cars For Commuting, Cost of Ownership, Electric cars, Research 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, [...]
