Leasing and your credit score

Your credit score is part of the leasing decision. When you apply for a lease, your lease company will typically look at your credit score to decide whether you to approve the application.

The leasing contract stipulates that you make regular, monthly payments over your lease term. The credit score you lease company requests identifies how likely you are to make such payments. It is simply a number calculated according to a model that takes into account your payment history, any amounts you owe and credit currently in use.

It is very important to keep a good credit-score, usually above 700, to qualify for a lease or any other lending decision. Start by ordering your credit report from Fair Isaac Corp, the company that creates your credit score. If erroneous data is held about you, then contact the creditor responsible and get such information corrected. Your payment history is the single most important factor in determining your credit score, so get in the habit of paying everything you owe on time and keep the balances low in your credit cards.

Leasing with bad credit

Have you been refused a car lease? Chances are you have less flawed credit history. Know what’s involved and what you can do to build good credit history.

Credit score is a measure of your credit worthiness used by leasing agents to determine whether you are eligible for a lease. You credit score is based on your past and present credit history, and can range anywhere from 350 to 850. A measure above 720 is considered a “prime score” and will land you the best rates. If you are below 640, then you are “sub-prime” and will be considered bad rating by the bulk of leasing agents. This is where all the trouble in getting that lease comes from.


Ask for your FICO Credit Score from the Fair Isaac Corporation (FICO) which details your credit score held by all three leading credit score agencies in the country. Compare the three credit scores and determine if any agency is holding erroneous credit data about you. Contact the
reporting agency and getting corrected. If there are no mistakes in your credit report, then you can take some steps to maximise your score to go above the threshold of 640. Pay your bills on time and pay down any credit card debts you have. Do not take any new accounts as this might increase the likelihood of you getting into bad credit thus worsening your credit score.

Leasing Glossary

In order to get a good leasing deal, you need to understand leasing jargon. Read through this leasing glossary to get an overview of the basics:

Acquisition fee:
A fee charged by a leasing company to begin a lease. Not all leasing companies charge an acquisition fee but if charge it starts at about $300 and is seldom negotiable.

Capitalised cost:
The total selling price of the leased vehicle This also accounts for taxes, title, license fees, acquisition fee and any optional insurance and warranty items you elect to fold into the lease and pay overtime rather than upfront.

Depreciation fee:

Forms part of the monthly lease payment charge and accounts for the loss in the value of the car at the end of the lease. The vehicle’s list price minus the expected residual value at lease end is divided by the number of months in the lease to give the depreciation fee. Suppose you decide to

lease a vehicle with a retail price of $23,500. The leasing company estimates that after a three year lease, the vehicle will be worth 35% of its original retail value, or $8,225. The difference, $15,275, divided by the number of months in the lease, 36 months, gives us the depreciation fee

($424)

GAP insurance Pays off the lease balanced if the vehicle is wrecked, stolen or totalled.

Inception fees any fees that are due at the beginning of a lease. These typically include a security deposit, acquisition fee, first monthly payment, taxes and title fees.

Mileage allowance The maximum number of miles a leased vehicle can be driven a year without incurring an excess mileage penalty. A typical mileage allowance is 12,000 to 15,000 miles a year, although this is negotiable with your leasing company.

Mileage charges a penalty that you incur if you exceed your mileage allowance on a leased vehicle. Typical mileage charges are 10 to 20 cents per excess mile.

Money-factor A fractional number, such as 0.00043, used in calculating your monthly lease payments. You can get a rough estimate of the annual percentage rate on your lease by multiplying the money factor by 2,400. If a dealer quotes a money factor such as 3.4 than you can get the equivalent APR, 8.16, if you multiply by 2.4.

Residual value Residual value is the amount of money the leasing company says your leased vehicle will be worth when your lease ends. Higher residual values lead to lower monthly payments but higher lease-end purchase cost if you decide to keep the vehicle.

Security deposits an up-front amount that your leasing company required at the beginning of a lease to safeguard against non-payment. This is generally refundable at the end of your lease.

Termination or Disposition fee The amount you have to pay the leasing company at the end of your lease if you decide not to purchase the vehicle.

Wear-and-tear charges Extra charges you have to pay at the end of your lease for any wear and use the leasing company considers above norma.

How to get a car rental

There’s more to renting the car than just reserving it and paying for it, to make sure that you get the best deal follow these steps and tips.

STEPS:

1.Choose three to four car rental firms that fit your wants and needs, do this either through the phonebook, or through the internet, remember to scan every possible firm before you make a choice, you don’t want to overlook the best car rental because you got bored from looking

2.Contact the agency and ask about their special offers, location, availability, pickup sites, rates, special rates, hotel and airline partnerships, extra charges, insurance, everything you can think of that can help lower what you have to pay for your car rental, or what would make the car rental more convenient for you.

3.Choose a pickup point; find one that is near you so it won’t be a hassle, some car rental companies pay for the cab ride you have to take, some pick you up at your home or at the airport to take you to your rental.

4.Pick a car, depending on your needs, find a car that could fit all the people you’ll have in it, and if you’re alone just use a compact, some rentals charge higher for larger vehicles.

5.The next thing to do, after you’ve totally decided on which to take, remember to reserve it, some car rentals include the reservation fee on the overall rent, some make it out to be an extra fee, you should also look out for this when get a car rental.

TIPS

For the best deals for your money here are some tips when looking, finding and taking out a car rental.

1.When getting a car rental check for available upgrades at no charge, you’d want the best deal so you’d want the best car, to do this, you should go pickup your car early in the morning, when the other cars haven’t been returned yet, this way there would be a shortage on economy cars and the firm might just give you an upgrade for a lower price.

2.Get an internet car rental. These types of rentals offer internet only discounts, and sometimes even accepts find a car at your own price methods where you just give them your budget and they’ll find the best deal for you, plus you wont have to go anywhere to get a rental.

3.Fill the gas tank before you return your car, car rentals will charge you, at an inflated price, the cost of the gas needed to fill the tank.

4.Look for packages like fly-drive-stay or fly-drive, these will get you great discounts on rentals, and what’s more you won’t have to worry about other details like a hotel or an airline, everything’s there. You can find these packages on must travel agencies.

5.If your frequent flyer discount or free flight is about to expire, there are some car rental companies that offer to exchange these discounts to discounts on your car rental, although its more cost effective to just fly with your frequent flyer discount, if its going to expire anyway, why wait?

These are just a few of the things you’ll need to know, but always remember to be pesky, ask questions, ask for discounts, the only reason why people don’t get better value for the things they buy is because they’re too shy to ask.

How to Get the Discount Out of a Discount Car Rental

Discount car rentals are so hard to come by, and in recent times, discount car rentals simply mean you pay less for something less, and lets face it, sometimes when you pay less for a car rental, you end up with something that looks more like a farmer’s truck than a car. It’s hard to come up with a budget friendly rental, so how do you get a discount car rental these days? Well here are a few tips to boost the value of your money, car rental wise.

1.A good way to essentially, get a discount car rental is to, once you return the car, fill the tank with the cheapest no-name gas you could find, not for revenge or anything, but because car rental companies, require customers to fill the gas tank before returning it, and it you don’t they’ll fill it for you with the company pump but at a higher price, now we don’t want that, so be sure to fill your tank before you return the car.

2.To get the discount off of discount car rental, make early reservations, some car rental companies give discounts or free upgrades for customers who reserve their cars early.

3.When you’re planning to use your rental car for more than five days, or longer, ask the rental car company if you can get discount car rentals for a weekly rate, most companies offer discounts for the sixth and seventh day for weekly rentals.

4.Ask your travel agency if you could get discount car rentals if you acquire packages like fly-stay-drive or fly-drive. Most travel agencies as well as hotels offer these programs at a discounted price, what’s good about this is that you get a discount and you shoot two to three birds with one stone.

5.When you go to a car rental company, ask them if you could get a discount car rental in exchange for your frequent flyer miles, this is good for those miles that are about to expire, so instead of throwing them away you’d get one last use for them.

6.One way to get a discount car rental or maybe just the best deal for your money is to look for sites or rental car firms that accepts a pre-determined budget. This is when you indicate the money you’re willing to spend for the car rental, most rental car companies will give you the program that has the biggest discount car rental and the best deal for you, of course it pays to know if the company has a history of fraud, in this day and age, you can’t really trust people that much with your money, check out the car before you reserve.

7.Ask the rental company for discount car rentals when you frequently rent a car at their firm, they’re most likely to give discounts or free upgrades if you always rent with them.

8.Get discount car rentals by reserving your car through the internet. Most rental firms have internet only discounts that can save you a lot of money, look up the rental firm that has the greatest discount for the same value.

9.To get a discount car rental upgrade, try going to pick up your car just as the shop is opening, there’ll be a shortage in the economy cars, and you’ll probably get a free upgrade when they can’t give you the car you reserved.

National Car Rental, Quality Through the Years

The National Car Rental is one of the oldest and the pioneer in the car rental business. In 56 years of business, the National Car Rental has pioneered amongst its most famous, the one way rental feature, for those people who’d want to rent a car in one town and leave it in another, which makes it more convenient for the renter.

National Car rental was also the first car rental company to computerize its reservation operations. With the introduction of “Telemax” computers to their system, reservation process ahs improved moving to a faster and more hassle free renting.

And since the airline industry deregulation in 1976, causing increase in airline travel costs, national car rental gave flat rates for car renters, who chose renting cars rather than flying.

National car rentals is also one of the earliest companies to start corporate account business back in the 70’s. Through this program, National has focused on the corporate traveler more so than any other company. It was also the first in the rental industry to start a frequent renter program. It was also the first to use paperless car rentals and use computers to make dealings faster; they called this the “Emerald Club” and the “Paperless Express Rental Agreement”. The “Emerald Aisle” program enables customers to select the cars that they want, with paperless ease, bypassing the rental counter, and getting them on their way faster and more efficiently. The “Choice Rental Process” in addition enabled customers to choose the exact car that they want, and “QuickRent” that gives non Emerald Club members to skip the rental counter when they complete the deal online.

National car rental is now affiliated with many different companies, all to improve the customers renting experience. These companies include, Air Canada, Air Miles, Air France, Alaska Airlines, Alitalia, America West airlines, American Airlines, ATA airlines, Delta Airlines, Continental Airlines, Frontier Airlines, Hawaiian Airlines, Iberia airlines, Midwest airlines, Lanchile, United Airlines and Northwest airlines all having frequent flyer and miles/kilometer programs that can be applied to car rentals as well, some of these airlines even consider national car rental miles, for air miles.

Other affiliates include Coast Hotels and Resorts, which give lower rates for national customers that stay in their Hotels, Hilton Family of Hotels, which let you ear 250 HHonors form their Hilton Honors Points and miles, for every rent from national car rental, as well as American Express who lets you earn points when you’ve enrolled for their program for national car rental.

Aside from all the discounts a features that you will acquire through their affiliates, National Car rentals offer a wide range of vehicles for you to choose from, the classes of cars that you could possibly rent form national cars are endless, the types of vehicles that you’ll be able to rent are classified as subcompact, compact, intermediate, full-size, premium, luxury, sports utility, Mini van and convertible.

National Car rentals also have special offers for their customers, one of which is the “Last minute specials to go” which offers different specials every week at different locations. The other special, the “Great internet rates - Book ahead special’ gives discounts fro those that reserve their cars early in the internet. The weekend value Rates – Book ahead special offers lower weekend rates. National car also offers internet only discounts also a book ahead special, which applies to mini vans and SUVs.

Cheap Car Rental

Imagine the next time you join a discussion about car rental. When you start sharing the fascinating car rental facts below, your friends will be absolutely amazed.

In today’s world of competitive marketing and cutthroat competition, a customer can’t really predict whether the deal he/she is closing will benefit her or not, most of the time most, consumers, just go on with the deal just to avoid all the hassle of inquiring for more economic alternatives, or discounts. This also applies to car rentals, nowadays, it’s hard to call anything a cheap car rental, with the inflation rate of products, continuing gas price increase it’s hard to keep product prices down, so here are a few tips to keep your car rentals cheap, even if every other factor is making it expensive.

1.Reserve your cheap car rental internet sites instead of over the counter ones. Internet sites, offer internet only discounts which could very beneficial for you, cheap car rentals can be achieved by being witty, put discounts like these to your advantage and you’re sure to save a lot.

2.One way to get cheap car rentals is to try to get the most out of your rental. Most car rentals require you to fill the tank when you return it, so on your way to returning the rented car, fill it up with the cheapest type of gas you could find, you’ll save more than when they make you pay for the gas at an inflated rate.

3.If you can, always rent at only one Car Company, companies give you cheap car rentals for frequently renting their cars, discounts, coupons and sometimes even miles.

4.Ask the car rentals if you can exchange your flyers miles for car rental miles. This is especially useful when your flyer’s miles is about to expire, instead of just letting it go to waste, get a cheap car rental for it.

It seems like new information is discovered about something every day. And the topic of car rental is no exception. Keep reading to get more fresh news about car rental.

5.For a cheap car rental, try to make reservations as early as possible, car rental; companies give discounts for customers who reserve early.

6.To get your rental cheaper, pick up your car early in the morning, just as the shop is opening, so that there will be a shortage on the cheap car rentals, at this point, the renters may give you a free or a marked down upgrade.

7.Look for packages like hotels and rental packages or if you want a cheaper car rental find a package that includes air fare, car rental and hotel stay, these packages give you great discounts on all three, so if you’re planning to do all, I suggest you get a package deal to get the most out of your money.

8.To get a cheap car rental at your own, price, find rent-at-your-own-price internet sites that look for the best possible deal with the budget that you’ve given them, but be careful with this, review the company’s history first before you get into it, or make sure that there are no other cheaper means before you close the deal, remember, once you make a reservation, you can’t cancel it.

9.If you’re going to use the car for more than five days try to find weekly rates from car rentals, with weekly rates, the sixth and seventh day are almost always discounted, so look for this when you’re out for a cheap car rental.

10.Instead of picking up your rental at the airport, save money by picking it up at the shop, this’ll reduce airport surcharges.

When word gets around about your command of car rental facts, others who need to know about car rental will start to actively seek you out.

How to calculate your lease payment

Understanding how to calculate your monthly lease payment makes it easier
for you to make an informed decision. Yet, most of us shy away from the
“complicated” math on our lease contract, leaving it up to the dealer to
do the payment formula.

Actually, it’s not that difficult! Once you understand all the figures
involved in calculating your monthly payments, everything else falls into
place. These key figures are:

MSRP (short for Manufacturer’s Suggested Retail Price): This is the list
price of the vehicle or the window sticker price.
Money Factor: This determines the interest rate on your lease. Insist on
your dealer to disclose this rate before entering into a lease.
Lease Term: The number of months the dealer rents the vehicle.
Residual Value: The value of the vehicle at the end of the lease. Again,
you can get this figure from the dealer.

Now, let us calculate a sample lease payment based on a vehicle with an
MSRP (sticker price) value of $25,000 and a money factor of 0.0034 (this is
usually quoted as 3.4%). The scheduled-lease is over 3 years and the
estimated residual percentage is 55%.

The first step is to calculate the residual value of the car. You multiply
the MSRP by the residual percentage:

$20,000 X .55 = $11,000.

The car will be worth $13,750 at the end of the lease, so you'll be using:

$20,000 – $11,000 = $9,000

This amount of $9,000 will be used over a 36 month lease period giving us a
monthly payment of:

$9,000 / 36 = $250.

This is the first part of the monthly payment, called the monthly
depreciation charge.
The second part of the monthly payment, called the money factor payment,
factors the interest charge. It is calculated by adding the MSRP figure to
the residual value and multiplying this by the money factor:

($20,000 + $11,000) * 0.0034 = $105.4

Finally, we get the approximate monthly payment by adding the two figures
together:

$250 + $105.4 = $355.4

To recapitulate, the sample formula looks like this:

1- Monthly Depreciation Charge:

MSRP X Depreciation Percentage = Residual Value
MSRP – Residual Value = Depreciation over lease term
Depreciation over lease term / lease term (number of months in the lease) =
monthly depreciation charge

2- Monthly factor money charge

(MSRP + Residual value) X Money factor = money factor payment

3- Sample Monthly Payment:

depreciation charge + money factor payment = monthly payment


Keep in mind that this is a simplified calculation that does not take into
account taxes, fees, rebates or any other incentives. The calculation gives
you a ballpark figure or a rough idea of what your lease payments for the
vehicle in question should be.

Tips on how to get the most off a budget car rental

Budget car rentals are a traveler’s savior from being stranded in one place and from expensive taxi rides. But with today’s competitive market, I won’t be surprised that from trying to rent a car you end up renting a lawnmower instead. Well maybe not a lawnmower, but sometimes, well most of the time, the people that assist you in car rentals just doesn’t have your best interest in mind, so you end up paying a truckload of money for a pool of frustrations. To avoid this here are a few tips to get the budget, out of budget car rental.

1. If you’re not choosy with a budget car rental, try to get a budget car rental through sites that let you rent cars at your own price. These firms will try to get the best deal for the car that you’ll get and might just toss in unlimited mileage and upgrades, all of that without spending an extra dime out of budget.

2. Look for package deals, fly-drive-stay, or fly- drive, most of these packages give great discounts for rentals, but don’t do it with an airline, airlines although convenient aren’t really the more economic way to go, their budget car rental prices are hardly budget, and tend to be higher than those of outside firms.

3. Use the internet to reserve a rental car. Ah, the internet, what other good can it provide? Yes there are budget car rentals on the internet that can give you a better bargain. Some budget car rental sites even go as far as internet only discounts. Aside from that you can easily get upgrades and depending on the season, at least one rental company is bound to have a special offer that can help you save money, plus, you can rent a car in the comfort of your own home, beat that!

4. Ask for discounts that can be applicable to you, remember even when you’ve scored the best deal, there is still that one last ditch of a possibility that one of your credit cards support the company and provide discounts or that your frequent flyer program or military service can put that budget in budget car rental, its along shot but its worth a try.

5. Most budget car rentals are low on maintenance so when you rent a car, check all sides for damage, and I mean every side and every nook and cranny of that car, make sure to inform the renter of these so that you wont have to pay for damages once you return the car. In addition, try to check out all the accessories, wipers, radio, brakes, seatbelts etc, to familiarize yourself with them, and also to check if they work, like the previous tip, you might be charged for this if you don’t inform them.

6. Now we pass the subject of insurance, sometimes your own car insurance covers car rentals, so have a look see before you buy insurance from the rental firm. Budget car rental insurance doesn’t cost much, but if you already have one why buy another? Car rental insurance is always required when you rent a car.

7. Another money saving tip is to pick up your car early in the morning, make it so that the firm is just opening, this is because at this time most of the budget car rentals haven’t been returned yet, and you may get an upgrade for a lower price.

Getting thrifty car rentals

When planning to travel to other countries or even just to a different state, car rental has always been a must especially for traveling business men who need to go to one place to another. However, is spite of whatever “status” they may have, business men as well as ordinary travelers still opt to find and avail of the most thrifty car rentals that they could find. Thrifty car rentals usually abound, whether it be on directories, the internet or wherever it is that you can find service advertisements. It really just a matter of choosing the best thrifty car rental for you and your needs.

Convenience is always a must whenever a person travels, this is pretty much while a lot of people opt to avail of thrifty car rentals, aside from having the convenience of being able to go whichever place they want without the hassle of hopping from one kind of mass transportation to another, they still get good value for their money.

A good example of a reputable thrifty car rental service company in the country is the Alamo car rental company. A lot of people actually recommend availing its thrifty car rental service, because of aside from being practical, they provide good and efficient service to their customers. From providing their customers with a wide range of vehicles to choose from, cars, RVs, basically just whatever type of vehicle that you may need for you travels. They also have various travel programs that you can choose from, this thrifty car rental has actually created various customer programs to suit each and every one’s needs and demands. From corporate programs to government contractor programs, thrifty car rentals surely is their line of expertise.

Another good reason for choosing the Alamo car rental service as your thrifty car rental option, is their strict adherence to quality of service, they’ve really made a name fro themselves by making sure that their customers needs are always kept and they’ve made it a point to keep their good customer feedback by assuring their customers (as well as those who are just browsing) that they provide quality, yet thrifty car rentals.

Thrifty car rentals should never really be a hassle to your traveling needs (or demands), it is pretty easy to land on a huge list of companies that are able to provide quality yet thrifty car rentals. Just be sure to keep a keen eye on the companies that you are choosing from, unfortunately, is spite of a lot of thrifty car rentals who really do try to make an honest living by providing good, quality service to its customers, some sleazy thrifty car rentals still circulate in the market. Be sure to be cautious still when choosing, some may offer really low rates but their cars may be not of real good quality, simply put, the reason why they’re offering thrifty car rentals may be because of their defective cars.

Look out for "signs" when you’re choosing. Ask around, from your family, friends, colleagues and especially your travel agent in which of these thrifty car rentals would they actually recommend. Weigh out your options based on your needs, wants and most importantly, you budget. Of course, having a limited budget shouldn’t really just force you to end up settling with just any thrifty car rental service, shelling out a little more may not really hurt you. In the end, when it comes to looking for thrifty car rentals, it really is more of the quality of service that they provide which should matter to you.

Checking out the Alamo car rental

One of the more popular and reputable car rental service in the country is the Alamo Car Rental company. It is highly recommended not only thorugh word of mouth, but in the internet as well. The Alamo car rental company is actually a blessing to constant travellers, especially those seeking a way to make their travels be as comfortable as possible, it is best to check out the Alamo car rental company and find out for yourself if they really as good when it comes to their services as they claim to be.

The Alamo car rental company actually gives its customers varied service programs that they can choose from, from corporate programs to governement contractor programs to meeting and events probrams. Alamo car rental has your back (plus your head) covered. They can actually provide you with whatever vehicle that you will want (depends on what you actually need that time).

Aside from quality service, Alamo car rental actually prides itself for being able to deliver unbeleivably cheaper rates (as compared with their rival car rental services agency) which just goes to show how Alamo car rental has been devoted to its consumer public. By sticking to cheaper rates, Alamo car rental agencies actually give their clients a good value for their money.
Alamo car rental is also a good choice for businessmen who are jetting off from one state to another, rather, from one country to another (thus the need for the private vehicle). They actually provide businessmen an exlcusive and unique “business travel program” which obviously is just focused on delivering the needs of valued and busy businessmen.

Certain Alamo car rental policies and guidelines include the following:

Informing them about an additional driver as well as any disabilities or sickness and complications.
Your credit card number, basically how you’re planning fot Alamo car rental’s excellent service.
Proper papers, licenses and identification cards.

Well there are actually a lot more, But its really best to highlight the more important ones. The Alamo car rental service adheres these strict rules and guidelines in order to maintain service efficiency and their good reputation to the public.

Contacting them is actually just a breeze, if you’re not able to locate their listed number in the directory, you can just search for their number instead, on the internet. The internet has a varied and incredibly enormous array of lists that will inevitably lead you to the Alamo’s car rental service’s number. However, you can also reach them through electronic mail. Geared towards providing unparalled service to its loyal customers as well as those who are still looking for a car service rental that they want to try out, Alamo car rental has provided the public with various ways of being able to reach them.

And speaking of trying their best to give their curtomers great service, Alamo car rental has actually equipped their vehivcles with other services that might possibly prove to be very useful to their clients. Upon request, one may avail of the various “add-ons’ that only Alamo car rental can provide. From carphones to kiddie chairs. Alamo car rental service has prided itself for always being in the forefront of the car rental industry. Be sure to check the out once you’re having some car rental problems, they’re sure they can help you out.

How to spot a good car lease

Leasing has been lauded as your cheapest ticket to keep up with the
industry’s hottest vehicles and trends. The jury, however, is still out
on leasing: with the industry long on hype and short on detail, it is
difficult to distinguish between a genuinely good deal and a downright
up-selling exercise.

So how do you spot a good deal?

First, you need to find out if there are any down payments on the lease. A
down payment refers to the lump sum amount that you pay upfront, either in
cash, non-cash credit or trading allowance, to reduce your monthly payment.
You should think twice before putting money down on a lease: not only are
you getting a rough deal, as you’re essentially forfeiting the general rule
of leasing: not putting any cash upfront, but the money is not recoupable
at the end of your lease. There is another big disadvantage: in the event
of your car getting damaged or stolen, you insurance and the gap cost will
not cover the loss.

Mileage Limit

Most leasing companies allow you a limit of 45,000 free miles over the
length of a 3-year lease. This may seem like a good deal at first sight,
but when you consider it only comes to 15,000 miles over a 12 month period
it’s not difficult to foresee why it might be difficult to stay within this
limit. Even people working from home have little trouble putting 15,000
miles on their cars.
If you exceed the mileage limit, the penalty for each excess mile can be as
high as 20 cents. This can add up quickly over the length of your lease: an
additional 4,000 miles a year over the length of a 3-years lease contract,
will end up costing you an extra $2,400 in excess mileage charges!
Be realistic about your mileage needs, especially if you have to regularly
commute over long-distances, before you sign the contract. Consider padding
the miles that you expect to use since it is less expensive to contract for
the extra before you sign than it is to pay the extra charges at end of
your lease.

Sales Tax

Sales tax is usually capitalized and added to the monthly payments.
However, some dealers choose not to include it in their calculations to
drive the advertised lease payments even lower. What they do instead is
state in the small print that the monthly payment excludes “sales tax”.
Make sure you carefully read the fine print for any extra, hidden costs not
included in the advertised monthly payment. Unscrupulous fees that
typically slip through the cracks include sales tax, registration and title
fees.

Leasing used cars explained

Leasing a used vehicle can be an attractive deal in many ways, no least getting you into that luxury model or SUV, for lower monthly payments than a brand new one. Be prepared, however, to do some more homework to dissect a good deal.

As with new car-leasing, your price research should focus on the key figures that are the initial market value and the estimated residual value of the used car. This is harder to predict since there is no factory-set sticker price on used cars, and the residual percentage is very much pegged to a subjective current retail value. Use different sources to get a rough idea of the value of the used car: your local dealerships, internet car-evaluating tools, such as Edmunds.com and Cars.com, to name but a few. Another way to pin down a good estimate is to compare the lease on your given car to a lease on a new-car with the same make and model. This should give you a better picture of the difference between leasing new and going for used. Just like leasing a new car, used vehicle leasing is more attractive when residual values depreciate the least. You stand a better chance of finding a bargain in the high-end, luxury vehicles that keep their values better as used cars.

Next, you need to check the initial mileage and the overall vehicle condition. The maximum mileage on a used car should be no more than 12,000 miles a year. A 3-years old car with 50,000 miles on the clock is very unlikely to make a good used-vehicle lease. Check for signs of excessive use, like worn seat fabric, worn pedal pads and dirty engine, which might indicate that the odometer has been rolled back. If the car is not certified, you need to get it thoroughly inspected. Ask your dealer for a
manufacturer-sponsored certification program or have your car certified by a qualified mechanic or inspection service.

Most used-car deals don’t come with gap coverage. This is a special type of coverage, normally offered on a new auto-lease, to cover the consumer if the leased vehicle is lost, stolen or damaged. Typically, auto-insurance policies cover only what your car is worth at the time of loss, not what you still owe on the lease. The difference could run into thousands of dollars. For peace of mind, do not enter into any used-car lease without gap-coverage. Arrange it separately with either the lease dealer or your auto-insurance company.

Independent Car lease companies

To lease, you have two possible choices: either lease through a dealer’s finance source or through an independent lease company. A conventional dealer has a captive finance source, which can be the car manufacturer’s financial company, such as BMW Financial Services, Honda Motor Credit or General Motors Acceptance Corporation (GMAC), or a major national bank such as Chase Manhattan. Independent lease companies are no financial obligation to any single one manufacturer financing source, but work with dealers anywhere in the country.

So which one is better?

Conventional dealers provide better lease-deals on limited-time promotions. Factory-subsidized cars that have subvented money factors and residuals are very attractive lease deals and can be very hard to beat anywhere else.

Independent lease companies can offer you unbiased and professional advice on vehicle selection regardless of make and model. This is because they are not tied to a single manufacturer or financing source, unlike conventional dealers who have to sell specific models. They can also be more flexible regarding negotiating lease terms like residual value and mileage. Ultimately, if you prefer a more personal and customer-oriented relationship with your leasing agent, then you will do well with an independent leasing company.

Luxury Cars and Resale Values

The best course of action to take sometimes isn't clear until you've listed and considered your alternatives. The following paragraphs should help clue you in to what the experts think is significant.

When it comes to ultra-luxury, high-end vehicle leasing, there is no doubt that the best deals are those cars that hold their value. With this in mind, we single out a few truths about residual values that consistently apply to high-end leasing.

The most determining factor when it comes to resale values is public perception of the brand, not its reliability ratings in quality surveys. Take the Jaguar for example: it is consistently rated as a quality car, butbecause of questionable reliability perception among the public, it takes a sharp dip in value at the end of its lease-term

Think about what you've read so far. Does it reinforce what you already know about vehicle leasing? Or was there something completely new? What about the remaining paragraphs?

Higher-tech options and other cutting-edge features do not necessarily mean the car will fare better. By the time your car is two years old, better and cheaper systems will render the laser-guided cruise control, navigation systems and built-in cell phone obsolete. Look for functional features, such as automatic transmissions, power windows and wheel-drive to enhance the vehicle’s value in the used-car market.

Used-car buyers view less favorably luxury vehicles that come with big incentives. These are perceived as questionable in quality and reliability.

Now that wasn't hard at all, was it? And you've earned a wealth of knowledge, just from taking some time to study an expert's word on vehicle leasing.

Single-Payment Lease

This interesting article addresses some of the key issues regarding auto leasing. A careful reading of this material could make a big difference in how you think about auto leasing.

A prepaid lease is a new type of lease which has made its foray into the market in recent times. In this lease, consumers forego the cycle of lease payments if they make a large payment at the beginning of the lease.

There are two amounts in a conventional lease that incur charges and determine your monthly lease payments. First, there is a depreciation charge which accounts for the value the car loses during the lease term. Second is a residual amount which is the projected value of the vehicle at the end of the lease. The sum of these two charges gives the monthly payments on your lease.The idea behind a pre-paid lease is to eliminate the finance charges for depreciation and only account for residual value charges in a single, pre-paid payment at the beginning of the lease.

How can you put a limit on learning more? The next section may contain that one little bit of wisdom that changes everything.

Single-payment leases are devised with spendthrifts in mind: no cycle of monthly payments, a new car every two to three years and no interest in purchasing the vehicle at the end of the lease. You should only consider this type of lease if you are concerned about not being able to make monthly payments and have a lot of cash upfront.

So now you know a little bit about auto leasing. Even if you don't know everything, you've done something worthwhile: you've expanded your knowledge.

The residual value of leasing

Do you ever feel like you know just enough about auto leasing to be dangerous? Let's see if we can fill in some of the gaps with the latest info from auto leasing experts.

If you are in the market to lease a vehicle, you will hear the term “residual value” recur like a leitmotif. A residual value does not only affect your monthly payments, but is equally used by leasing companies to determine any penalties should you break your lease early and how much to pay if you decided to buy the vehicle at the end of your lease.

Think about what you've read so far. Does it reinforce what you already know about auto leasing? Or was there something completely new? What about the remaining paragraphs?

Let us first start by looking at the meaning of residual value. The term “residual value”, refers to the value of something after it has been used for some time. In leasing lingo, it refers to the depreciation of the vehicle’s value over the life of its lease. So how does it exactly affect your monthly payments? When you lease a
car, you pay for the car’s value that you use over the lease length. Suppose you leased an $18,000 car for 2 years: the leasing company needs to estimate the value of this car in two years time in order to know how much of the car you will be using during your lease term. That’s where the “residual value” comes into the equation. If the residual value is estimated to be $13,000 at the end of your lease, then your monthly payments will be calculated on the $5,000 you will use over 24 months, giving an average monthly payment of $208.3 (plus interest, tax and fees).
How about if the car is expected to lose half its value over the same period? In this scenario, you will be using $9,000 over the same period, leaving you with a higher monthly payment of $375 (plus interest, tax and fees).

As you can see, residual values are a key factor in determining how much money to pay on your lease and the higher the residual value, the lower your monthly fees. This works in reverse if you build a bond with your car and decide to purchase it at the end of your lease. If we stick with the same example above, the lower monthly payments in the second scenario come at the cost of paying substantially more to buy your car at the end of the lease.

So, since the residual value is so important, how do I know which one is best for me? Well, it all depends whether you want to purchase the car at the end of your lease. If you don’t want to make a large down payment and you want low monthly payments, then a car that holds with a higher residual value is a good deal. If you are thinking of purchasing the car at lease-end, then you need to balance low-monthly payments with a moderate residual value.

Now you can understand why there's a growing interest in auto leasing. When people start looking for more information about auto leasing, you'll be in a position to meet their needs.

Using lease calculators

Want to calculate your monthly lease payment? Consider using a lease
calculator

If you are considering a car lease, then you might want to know some key
figures involved in the deal: the monthly lease payments, the overall cost
of the lease and how much savings can be made compared to purchasing the
vehicle.

A lease calculator relieves you from the stress of having to know the
complex underlying lease formulae used in calculations. You simply plug a
number of figures into the calculator and hey presto! You get a detailed
rundown of detailed payments, taxes and total lease costs.

Figures you need to get from your dealer about a specific lease you’re
interested in include: capitalized cost, estimated residual value at the
end of the lease, the number of months in your lease and the money factor.
Make assumptions and change some of the figures to see how it affects your
lease payments. For instance, residual value is an “estimated” value of what
the vehicle will be worth at the end of the lease. You can input different
estimates to cover different scenarios and assumptions.

As a final note of caution, bear in mind that lease calculators only do
calculations and check the accuracy of abstract mathematical formulae. They
do not tell you whether a lease is good or bad.

How to lease a new car?

Whether you lease a car to get into the latest models or have better purchasing
flexibility, getting a good deal is always bound to give you a lift. Use
these guidelines to help you spot one:


Check incentives: be on the look-out for factory –subsidized lease deals.
Car manufacturers realise that consumers who lease vehicles from them are
more likely to be repeat customers than those who simply purchase vehicles.
Through their leasing companies, they adjust the residual value and offer
low financing charge. Other auto-manufacturers are also starting to give
incentives on leasing, called leasing subventions. They offer these
subsidies to put slow-selling models on the street, saving you even more
money.

Set up a competitive: bidding environment to get the lowest price. If you
already have an idea in mind of the make, model and trim level of your
desired car, attempt to calculate your own lease payment before you go
shopping to avoid paying through the roof. Check online comparison tools or
use a lease calculator to check your lease payment based on purchase price.
This gives you greater negotiation leverage as you solicit quotes from
various leasing companies.

Make sure you know all the fees involved at the beginning of your lease:
you may have to pay fees for licenses, registration and title. Other fees
include acquisition fees, freight fees and local or state taxes. At
lease-end, you may have to pay a disposition fee and charges for extra
mileage and any excess wear. Be aware that some of these fees – like
acquisition and disposition fees – are negotiable.
Know your mileage needs: almost all leases limit the number of miles per
year by imposing typically 10 to 20 cents per excess mile over 15,000 miles
a year. If you are the kind of high-commuter who puts 40,000 miles a year
on his car, then you might end up running thousands of dollars in hefty
penalties at the end of your lease. Be smart and negotiate a higher-mileage
limit or pad you excess miles at the beginning of your lease to avoid
robber tax rates for excess miles.
Almost all leases limit the number of miles per year by imposing fees
typically 10 to 20 cents per mile over 15,000 miles per year. If you are
the kind of high-commuter who puts a lot miles on his car, then these costs
can add up quickly. Negotiate

Include GAP coverage: make sure your lease includes GAP coverage. This
covers you in the event of the vehicle getting wrecked, stolen or totalled.
Without GAP insurance, you leave yourself wide open to thousands of dollars
in leased obligations. Check if the GAP coverage is included so you don’t
pay it twice.

Benefits of leasing

Despite aggressive low-interest financing, cash-back offers and other purchasing incentives offered by leading auto-makers to buyers, leasing numbers keep increasing steadily over the years. Leasing is not only an attractive financial proposition to most auto-consumers, but also a lifestyle and preference choice.

Benefit Number 1: Keeping up with the latest trends

Leasing is sometimes more of a personal and lifestyle choice than a financial one. Many people are not comfortable with the idea of owning a vehicle over a long period of time. They’d rather keep up with the latest trends of the industry and drive the latest models every two to three years.

Leasing a car gives you the convenience of having the latest technology and safety innovation, such as an electronic stability system, DVD entertainment systems and advanced stereo equipment. If you are willing to forego ownership for the latest set of wheels, than leasing is your best option.

Benefit Number 2: Purchasing Flexibility

Leasing also offers purchasing flexibility: it allows you to defer the purchasing decision while using the car. You don’t have to haggle with your mechanic over repair expenses, deal with hefty maintenance bills or worry about a depreciating asset. Provided you can keep the vehicle in good condition and stay within the contracted mileage allowance, you’re effectively getting a test drive for the length of your lease. At the end of your lease, you can purchase the vehicle or simply turn in the keys and walk away. No questions asked.

Benefit Number 3: Cash Flow

Leasing offers many short-term benefits. It reduces your initial cash outlay as you do not have to pay the large down payment required for car ownership. You only pay for the depreciation on the car - only the part you will use during your lease, not the entire vehicle. This results in lower monthly payments and frees even more cash. This cash can be put to use more elsewhere than the questionable investment of owning a depreciating asset. If you are self-employed or use your car for your job,
then you can write off your leasing payment as a business expense.

Benefit Number 4: Negotiating Leverage

Although it may seem a little unorthodox in this industry, almost everything about leasing is negotiable. If you know all the fees involved, you can lower your monthly payments, negotiate the purchase price of the vehicle at the end of the lease and contract additional miles on top ofyour mileage limit. You can also do some shopping around and compare deals from different auto-insurers to get the cheapest GAP insurance for your lease.

Auto Leasing Scams

Car-leasing has been lauded as a more attractive alternative to buying,
offering in the process the flexibility to drive a new car for less. The
reality, however, is that leasing is an option that is fraught with many
pitfalls for the average customer. Leasing regulation does not require as
much disclosure as buying a vehicle. This has given rise to many leasing
scams that trick the customer into believing they are into a good deal
when, in effect, all he is getting is a rough deal on the dealer’s terms.

Here we look at some of these common scams and how to avoid them

Artificially low interest rates:

Some dealers quote a lower interest rate when in reality it’s much
higher. They do this by either purposefully quoting the money factor as
the interest rate or calculating the loan without amortizing some closing
fees, like the security deposit, into the loan lease. Take the money
factor for example: this is typically expressed as a four decimal digit,
something like 0.004. Some dealers quote this as a 4% interest rate when
in fact you need to multiply it by 24 to get a rough idea of the interest
rate on your loan. In this example, the interest rate is a much higher 9.6%
than the “quoted” rate of 4%.
Make sure you crunch the numbers and understand the formula they use to
calculate their interest rate. Look out for any fees not factored into the
calculation. If you are not satisfied, do not enter into the lease
agreement.

Terminate your lease early for a low penalty

This is an all-time leasing scam. You ask your dealer how much you will pay
if you want to terminate your lease and he tells you: “You want to get out
early? Sure thing, you only pay an early termination fee of $300”. What he
is quoting is only the small administrative penalty of early termination,
there is a much stiffer penalty called early termination fee and this runs
into thousands of dollars.
Do not confuse the early termination administrative penalty with the
termination fee. Read the small print carefully and know exactly how much
you will get charged should you terminate your lease before its scheduled
end.

Pay for an extended warranty you don’t need

This is another shell game to inflate the dealer’s profit at your expense.
The dealer slides an extended-warranty into the deal whilst it’s already
factored into the monthly payments, or he tricks you into buying a 36-month
warranty on a 24-month lease.
You do not have to pay extra money for a warranty already built into your
payments or for one that goes well beyond your lease term.
They might slip an extended warranty in. Don’t be fooled, the warranty is
already factored in.

No security deposit

Any dealer who advertises a $0 security deposit is not telling you the
whole story. A security deposit is always factored in the lease under the
provision for disposition fees.

Auto Insurance and Leasing

When leasing a car, it’s easier to stick with the same company for your
auto insurance. What you don’t know, however, is that you may end up
paying too much for your coverage and it’s better to look elsewhere for
lower rates.

When you lease, the vehicle that you will drive belongs to the leasing
company. They want to make sure that their investment is covered in the
event the vehicle gets damaged, totalled or stolen. They typically want
to get covered for the difference between what your auto-insurer pays and
your outstanding leasing obligations at the time of the accident or
damage. This is called GAP, short for Guaranteed Auto Protection, and is
usually included in the leasing contract.
If your leasing company is called BMW Financial Services, Chrysler
Financial or any other finance division of an automaker, then chances are
your GAP insurance will be offered by the same lease company.

You are under no obligation to accept GAP insurance included as part of
your lease agreement. Why pay an insurance premium if you could get the
same coverage for a lower price?
Invest some time shopping by comparing quotes from other insurance
companies, including your existing one. Ask for discounts that you already
qualify for and adjust your coverage accordingly.

The Ins and Outs of Europe Car Rental

Europe, a continent filled with so much culture and history. A lot of people actually flock to Europe year after year to visit its sights and experience its rich culture. The modern yet still quite laid-back lifestyle that Europeans have been known for has always fascinated tourists, from being true-blue sophisticates who are very much adept to fashion, literature, history, culture and the arts, this is why a lot of people have been drawn to Europe’s simple yet elegant charm time and time again. Of course, traveling around Europe will be really much of a hassle if you don’t have the proper transportation to quickly and conveniently take you from one spectacular tourist destination to another. The most probable solution to this dilemma is a car, ever ready, you’re sure to get to where you want to go at your leisure. Europe car rental however may be quite tricky to some. Let’s face it, a lot of the countries in the European continent isn’t really comprised of English-speaking people and if they do speak a little English, it’s still highly likely that you won’t be able to understand what he/she is saying, it really is best, especially when it comes to Europe car rental, to book everything in advance. Even before your plane lands in the airport tarmac, make all the necessary arrangements that you need to have.

To help you get started on your Europe car rental quest, try to coordinate it with your trip. Which country/countries are you actually going to? Which one/ones will actually really need for you to rent a car (please be reminded that there are some European cities where it’s more favorable to walk instead of taking mass/private transportations)? How much will you actually need to spare for your Europe car rental fees? Is it worth it? Also, try to map out the places that you’re already planning to visit, calculate the distances that you’ll need to travel from one place to the next and if it’ll really be a lot easier (and cheaper) for you to rent a car than take mass transport then by all means, go check out the various Europe car rental agencies available in your area. You need to have everything fixed and taken care of before you embark on your great European adventure.
There are a lot of available Europe car rental agencies who are willing to lend you their services at really affordable prices – well to some extent. From small, typical European cars to luxury cars and RVs, you’re bound to get the vehicle of your choice since there are numerous Europe car rental agencies in the market.

Try to start your search for the ultimate Europe car rental agency by asking your travel agent on which Europe car rental agencies he/she can recommend. Also, if you have friends or relatives who’ve been to Europe, try asking them on which Europe car rental agency they prefer and if it really is a lot more convenient (and worth it) to rent around car for your grand European vacation. Also, help educate your self more with regards to Europe car rental by browsing through the internet. Surely, the internet really is best-known for easy-access research and it really is quite definite that you’ll land your self on a reputable Europe car rental service that will hopefully be able to cater to your needs, wants and budget. Plus, all the necessary transactions can even be done through the internet. So the hassles of trying to find a good enough Europe car rental specialist and booking their services, will clearly be not something that you have to go through anymore.

Sunny California car rental

California has been able to generate quite a number of tourists year after year, with its sunny skies, favorable weather and nice beaches, a lot of people have really been flocking to this golden paradise to enjoy and live their life to the fullest. Unlike other states, like New York for example, wherein it’s pretty to get around Manhattan even without the aid of a car, California however, with its wide and long streets, actually requires you to rent a car for your own vacation pleasure, independence and best of all, convenience. Here are some quick tips and reminders when it comes to California car rental.

For first time California tourists, its best if you have a friend or relative who can actually show you around the place but if not, a reputable California car rental service is what’ll help you make your vacation be an unforgettable one. Arm your self with the proper materials and information when it comes to choosing which California car rental that you wish to avail the services of.

To help get your self started onwards your quest to finding the perfect California car rental agency that’ll best suit your needs, wants and most importantly, budget, it’s best to consult your travel agent on which California car rental agency that he/she would actually recommend to you. The number of available California car rental agencies may tend to overwhelm you at the start, making you unsure whether or not you’re getting the services of a reputable agency. Well do try to heed my advice and ask around, it really won’t hurt you if you do. Apart from knowing what California car rental agencies are actually out there, you even get broaden your knowledge about travel prerequisites such as this one.

Try to map out the places, beaches, amusement parks or wherever it is that you want to go to, way before you actually embark on your trip. It really is much wiser if you plan things carefully and thoroughly way ahead of schedule because this way you get to free yourself from possible headaches and hassles that can be usually caused by not planning ahead. Try to see if the services of a California car rental is really what you need, if it’s actually a cheaper way for you to get around the city as compared to taking mass transport. Evidently, opting to take the California care rental will make your vacation a lot convenient, think about it thoroughly and assess what actually are your priorities when it comes to taking this trip.

There is really a lot that you can do to make your vacations worthwhile and fun, just always remember to plan, plan, plan ahead. Weigh out all the options that you can find and try to be practical in picking out the best possible one. California car rental, to be honest isn’t really that bad, you’re bound to get a good deal somewhere, somehow. It’s just a matter of knowing where to look and having the patience to canvass and compare prices for California car rental services. In addition to asking your local travel agent on which California car rental agency that he/she would like to recommend, you can also try asking for you relatives’ and friends’ advice. Ask them if they’ve actually availed the services of a car rental agency, more so, a California car rental agency, ask them how it went and which particular California car rental service agency would they recommend to you. Lastly, go to your ever-reliable PC and look-up California car rental in the internet. You’re bound to get a long, long list of service companies who are more than willing to give you a good and fair deal.

Challenges of car rental in Germany

In spite of not being the common favorite among tourists, Germany, a country that is totally rich with culture and heritage has somewhat been able to generate a good following still. Still trying to forget about their gloomy past, Germany hasn’t quite been able to detach itself from the awful Holocaust era during World War I. Still, as being one of the most progressive countries in the world, Germany has somewhat been able to pick itself up from the ashes of its dark and awful past to show the world that they’re not a conceited and arrogant nation after all.

With the well-balanced mix of modernity and lush country sides, touring around Germany is sure to be a wonderful adventure that you’re sure to remember – if only you have a car to use for your sightseeing. Car rental Germany isn’t really that hard to book, well, just to be safe, a good piece of advice is to book you car rental Germany, way before you even set foot in the country.

As industrialized and urban as they may be, unfortunately, Germans aren’t really that fluent in conversing in English so it’s highly likely for you to not be able to be able to communicate well with them. It’s best that you find a good, reputable and affordable car rental for Germany while you’re still planning your trip, this way, you can spare your self the hassle of ending up with a vehicle that you’re not comfortable in, much worse, nothing at all. While planning out the places you want and most likely will visit during your stay in Germany, map out the distances from each of your chosen places, try to assess if it’s really more practical to avail of car rental Germany or if it’s still best (and cheaper) to just take the mass transportation vehicles.

Also, how long are you actually going to stay in Germany? Would your expenses actually allow you to still avail of car rental Germany? Also, another very important point to remember is, driving in Germany – as well as in other European countries, requires you to drive on the right side of the road. A lot of people have actually had some difficulty with regards to this so you might as well take note of this before actually booking for your self a car rental for Germany. If this proves to be a hassle for you, ask your vacation companions if they’re comfortable driving on the right side of the road, anyone who’s more than willing to act as your designated driver will solve your problem easily.

However, if you’re traveling alone or your companions can’t drive on the right side of the road, worse, if they can’t drive at all but you’re sure that car rental Germany is what will make your stay in Germany worthwhile, prepare your wallet for booking your self a professional driver. Ask the car rental Germany agency to book you with someone who speaks good English, doesn’t need to be superb nor remarkably fluent but someone who can at least understand what you’re saying and vice-versa.

There’s nothing worse than being stuck in a foreign country with a hired driver who you can’t communicate with, aside from being a total waste of money, you’re bound to leave Germany with a big headache. Don’t be daunted by this “little obstacles”, just plan ahead and you’re sure to be able to enjoy your vacation in Germany completely with no hassles plus you’ll be somewhat of an expert when it comes to car rental Germany.

Nine Secrets to Maintaining Your Car

Robert Sikorsky’s little book Drive It Forever offers invaluable tips to keep your car going the extra mile. His stellar advice could save you a year’s worth of car payments or more!

The smoother you drive, the longer your car will run. Stopping and starting, fast lane changes, scratching off all lead to shorter life for your car.

Naturally, you can’t drive at all without stopping and starting. But your goal is to keep moving smoothly any time that you can. Does it look like a stoplight is about to turn green? Then slow down and if possible, gently keep moving until the light changes.

Less engine idle means less engine wear, says Sikorsky. If you have to idle longer than 30 seconds, you may as well turn the engine off and start it when you’re ready to roll. So turn off the car if you’re waiting in parking lots, waiting on others to ready themselves for travel, if you have to go back in the house for something, etc.

And never rev up the car while it’s not moving.

If you’re driving in “bumper to bumper” barely moving traffic, it’s wise to turn your air conditioner off. This saves a lot of wear on your car. The engine has to work overtime if the air is on and you’re stopping and starting frequently.

You’ve probably heard that it’s good to take your car out periodically for a good drive on the highway now and again, and that’s good advice. This allows your engine to get fully warmed up and helps get rid of some deposits built up by short trips.

If it’s below freezing, try not to take your car out on short trips of less than five miles. Sikorsky says this is one of the worst possible conditions for your car.

Don’t cruise around a parking lot forever, trying to find a spot. Go ahead and park further away and get in a little exercise.

Avoid accelerating suddenly unless there’s an emergency situation. Putting the pedal to the metal may get you someplace today, but tomorrow you may end up hitching a ride from a neighbor.

If possible, don’t park your car headed uphill. When you’re ready to start it later, the engine will have to use extra power to pull itself. It’s better to park headed downhill than uphill.

Driving on dusty roads cuts your gas mileage considerably as well as adds to engine wear.

I’ve found Drive It Forever a valuable read! It’s personal, and easy to read, even if you’re mechanically challenged.

About the author:
This article provided courtesy of http://www.car-leasing-guide.com

Affordable Spoilers and Performance Parts available at Partstrain

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Universal spoilers fit all car types but other models need a specific kind of spoiler to suit its distinct features and dimensions. Custom made wings can reflect the uniqueness and individuality of the car and the user since he can decide as to what will be the specific style, color and design he desires. Chevy Spoilers like all other car spoilers used to be the property of race and sports cars, which is commonly mounted on the rear side of the vehicle. Other makes and models have them front and back.

Make Parts Train's Chevy spoilers an important part of your Chevy body kit and accessories. As with all other car spoilers, Chevy spoilers are meant to increase "road grip." The vehicle's weight is actually a good way to increase its grip or hold on the road. Increase in weight forces the tire of the vehicle onto the road's surface but can have negative results on the handling and steering of the car. Added weight means added inertia, which needs to be overcome for facility of movement.

Chevy Spoilers (rear spoilers or rear auto wings) as in the Chevy S10 body kit function like airplane wings although it is mounted upside down. Cars with spoilers have greater advantages over others. Chevy Spoilers add up to the car's weight and overcome the difficulty in steering and handling.

With Parts Train's Chevy Spoilers, the car can slide easily and can stick better on the road. Aside from the generated down force, drag is also produced with the spontaneous reaction of the air to resist motion.

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Parts train is the most complete line up of Chevrolet auto parts and accessories from engines, automotive parts and performance parts to body parts, panels and accessories. Dedicated in giving you the best, Partstrain offers only parts of premium and high resistant quality.

About the author:

Jenny McLane is a 36 year old native of Iowa and has a knack for research on cars and anything and everything about it. She works full time as a Market Analyst for one of the leading car parts suppliers in the country today.

The Guide to Better Car Buying Deals

Buying a car is like making a journey into the unknown especially if you do not know the meaning of mileage and the only seats you have sat on inside a car are the ones for the passengers. Without a map, one can get lost, confused by several choices and generally duped into accepting a less than great a deal.

Still like any journey, with the right guide to buying a car, one can breeze through the experience with flying colors. Below is a guide to getting better car buying deals not only in terms of getting high quality cars but also in being aware of rebates and discounts. Both online and offline transactions were mentioned and discussed as some people are already doing their shopping online.

Read on and see for yourself which car buying guide you already know and which one you just heard for the very first time.

Car buying guide #1: List your requirements and stick to it.

Knowing what you need and what you want already takes you halfway the decision-making process. List your requirements and search for a perfect match out of the hundreds of car models available. You can do this in the old fashion way by visiting the car dealers near your area or the new age way through the wonders of the World Wide Web. One car buying guide which you should remember is to never go to dealers without having a car in mind. Websites like CarDirect.com has a handy research tool that can help you refine your search.

Car buying guide #2: Have a budget and stick to it.

When you have already decided on your car model, you can now look into the prices being offered by various car dealers. One car buying guide that is really important is to do price comparisons, which are available online at InvoiceDealers.com or CarsDirect. You can also ask advice from people who have bought cars in the last five years. Chances are, car dealers still have the same practices.

Car buying guide #3: Be on the look out for special sales and promos

Most car dealers and even websites will always come up with a promo or a special deal guaranteed to outsell the competition. You can also leave your contact details and ask the car dealers that you have visited to inform you of upcoming promos. That way, you will stay up to date and would be able to compare different deals offered by different companies. One can also try looking for great deals over the Internet.

Car buying guide #4: Buy at the right season

One car buying guide that is a sure hit is perfecting the timing of buying a car. Usually, car dealers go on sale by the end of December as there is low demand for expensive gadgets. Because of the Christmas shopping rush, few actually buy a car at this period of time. Another great time is on July to October where new models have to replace the new. Sometimes, car manufacturers even offer big discounts just to be rid of the stock.

Car buying guide #5: Beware of Add-ons

Some dealers would put add-on services that you do not really need until the price skyrockets. Beware of these add-ons and really determine if that is something that you would like for your car.

About the author:
John G. Nuble 2005. For up to date links and information about car buying, please go to: http://car-buying-guide.us/

5 Auto Scams You Absolutely Must Avoid!

People hate car dealers. Of course, there are always nice guys, but many car dealers just have to cheat their way to profits. Here are the top 5 auto scams that you absolutely must avoid, or risk paying way too much for your car.

Scam 1: The Yo-Yo Financing Scam
The dealer sells you a car and allows you to take it home immediately. You finance your car through the dealer, but a few days later, the dealer calls and tells you that your financing has fallen through. You are then told to set up new financing through the dealer, at a much higher cost to you, and a much higher profit to them. Avoid this at all costs! If you have bad credit, don't finance at the dealer. Arrange your own financing. If you finance through the dealer, never drive off your car immediately. You should wait at least 24 hours before taking your new car, so as to make sure financing is complete. This allows the dealer no way to play the scam on you.

Scam 2: The Window Etching Fee
This is one of the most ridiculous but common scams I've heard off. Basically the dealer offers to window etch your VIN number in the window of your car for you, at a price ranging from $300 to $1000. Some people have tried to talk down the price, and they often succeed, but the dealer still makes a few hundreds off you. The easiest way to solve this problem? Just purchase a do it yourself window etching kit at any decent auto parts store. It only costs $20.

Scam 3: The Dealer Preparation Fee
The dealer charges you a preparation fee to prepare your car. Some often charge an outrageous $500 or more just to peel off the plastic protection on the car, test drive the car and put in the fuses. Most MSRP stickers indicate that these costs have already been covered by the manufacturer. In fact, some car dealers permanently print it on the buyer's order to make it seem mandatory, but one way you can get it removed is by telling the dealer to add a credit (of the same amount as the dealer preparation fees) on the next line. If they refuse to do so, you should simply walk out of the dealership.

Scam 4: The Market Adjustment Fee
In this scam, the dealer tells you that your car is a really popular vehicle, and so to sell you the vehicle they have to add "Market Adjustment Fees" of several thousand dollars. This amount is usually indicated on an orange sticker next to manufacturer's MSRP sticker. A car may be popular, but if it is in stock, it is not worth paying extra for it. Many buyers, especially trade-in buyers, have been ripped off before. They focus only on what they get for their old car, and so they don't see the big picture. They may get an extra few thousand for their car, but they don't notice that they are charged a much higher Market Adjustment Fee. The dealer sells the car, gets the trade-in, and makes an extra off the buyer. Never pay more than the manufacturer's MSRP.

Scam 5: The Extended Warranty Scam
The Extended Warranty scam is quite old but it is still in use. And many people still do fall for it. Basically, when you take a loan on your car, the dealer will say that you have to purchase an extended warranty because the bank requires it for the loan. Avoiding this scam is very simple actually. Tell the dealer to write down in black and white that the extended warranty is required for the loan and they'll most probably find some excuse to remove the extended warranty. If they refuse to do so, then please do not buy from that dealership. Actually, the extended warranty is a great thing to have, but don't ever get it from the dealer. You can get far better deals elsewhere, especially online.Don’t get ripped off by car dealers!

About the author:
Pete Lance is the founder of http://www.USGasTracker.org a premier company which helps the consumer save money on gasoline. Thousands of gas stations across the nation are tracked daily to guarantee the lowest prices on gasoline for any zip code in the United States.

10 Ways To Lower Your Auto Insurance

Nowadays, auto insurance is really expensive. A typical insurance policy can cost a few hundred dollars to a few thousand dollars a year. And the insurance rates you pay are hugely dependent on the insurance company or agent, your age, your car type, your driving record, and even the area you reside in!

You should never go without auto insurance though, despite the costs. Almost all the states require you to protect yourself with a minimum amount of liability coverage. Naturally, the bare minimum is not adequate enough for the average car owner. And as you add in additional coverage for your car, you realize that you will be paying a fairly large sum annually.

Always compare insurance policies. There are states which regulate auto insurance rates, but the insurance premiums can vary by hundreds of dollars for the exact same coverage. It is definitely worthwhile to shop around. The first thing you can do is to check with your state insurance department. They often provide information about the coverage you need, as well as sample rates from the biggest companies. You can also ask your friends or look up the yellow pages. Checking consumer guides and asking insurance agents can pay off as well. You can easily find out the price range for your insurance policy, as well as discover the lowest prices in town.

However, you should not be shopping based on price along. The insurance company should provide good service at the best price. Excellent personal service is available as well, and they provide added conveniences, although they cost a fair bit more. Ask the company how you can lower your costs, and also check their financial ratings. The rule of thumb is always to get three price quotes from three different companies, and pick the one with the best value.

It can also be a good idea to increase your deductibles. When you file a claim, the deductible is the amount you pay before the insurance company pays for the rest of the damage. A higher deductible on collision and comprehensive coverage can lead to a much lower premium. For example, increasing your deductible from $200 to $400 can reduce your premiums by up to 25àHowever, you must ensure that you have the financial resources to handle the largest deductible when the time comes.

Remove certain types of coverage from your policy. Almost all the states require liability coverage for your car, but the rest of the coverage is probably dispensable. However, you do not want to be underinsured if you're in an accident, so it isn't advisable to remove all of your additional coverage. Optional coverage includes medical payments, uninsured motorist, collision, and comprehensive coverage.

Drop collision and comprehensive coverage for older cars. If you drive an older car that's worth less than $2,000, it's probably more cost-effective to drop collision and comprehensive coverage since you'll probably pay more for the coverage than you'll collect for a claim. You can find out the worth of your car by asking auto dealers and banks.

Make sure your credit report looks good. Car insurance companies often look at your credit history as there is a correlation between the risk to the company and your credit history. If you pay your bills on time and maintain a good credit history, you can enjoy lower insurance rates.

Drive less. Insurance companies often offer low-mileage discounts to motorists who drive less than a predetermined number of miles each year. You can use public transportation more often, car-pool with friends, and take the train or a plane instead of driving to another state. And you'll save on more than your coverage as you'll need to spend less on gasoline (of which prices are incredibly high).

Maintain a clean driving record. The company will give you a price break and you can save on your insurance policy after a specified period of a clean driving record. This means that you have no accidents, no serious driving violations etc, during this period of time. The simplest and surefire way to qualify for this discount is to drive carefully and defensively all the time.

Choose a low-profile car. Insurance rates vary among difference models of vehicles. Generally, sports cars and high-performance cars tend to cost more to insure, mainly because they represent more risk of theft and the drivers are often the people who drive more recklessly. Newer cars will cost more to repair or replace than older ones, so naturally they can more to insure. Low-risk vehicles include station wagons and sedans.

Ask about safety and security discounts. The insurance companies sometimes offer discounts on your insurance if your car is equipped with the following: anti-lock brakes, air bags, automatic seat belts, car alarms, tracking systems. These reduce the injury risk to you, as well as the chances of your car being vandalized or stolen.

Finally, ask about other discounts. You may receive a discount if you buy more than one type of insurance from the same company or if you insure multiple cars under the same policy or company. You may also receive discounts for taking a defensive driving course, staying with the same company for a few years, being a driver over 50, good-student discounts, and being an AAA member. If you already have adequate health insurance, you can also eliminate paying for duplicate medical coverage, thus lowering your personal injury protection costs by a substantial amount.

About the author:

Pete Lance is the founder of http://www.USGasTracker.org,a premier company which helps the consumer save money on gasoline. Thousands of gas stations across the nation are tracked daily to guarantee the lowest prices on gasoline anywhere in the United States.Free daily email with locations and prices.