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Refinance Your Auto Loan to Save Money

2010/02/26 By dragonfly Leave a Comment

If you are looking for ways to save money these days, one way you may not have considered is refinancing your auto loan. Refinancing your auto loan is basically the same as refinancing a mortgage except the terms are usually shorter and you are not dealing with as much money overall. Refinancing is a great option if you are in a better financial position than you were when you purchased the vehicle. If your credit score is better, there is a good chance that you would get a better interest rates and reduce your payments and overall cost of the vehicle.

Today’s interest rates are lower than they were a year ago. As a result, if you purchased your vehicle at least one year ago, you would probably benefit from refinancing the terms of the loan. Imagine saving an extra $100 per month! You could buy extra groceries, put the money into a retirement fund or simply have put it towards the car loan and pay it off even earlier. It just seems like a car has a smoother and more comfortable ride when you do not owe any more payments on it.

If you have not had your vehicle for at least a year or if you do not qualify for a lower interest rate at this time, take control of your finances and pay your bills on time and reduce your amount of debt. This will bring your credit score up and qualify for better interest rates. You will save tons of money in the long run and put yourself in a better financial position.

Filed Under: Auto Financing Tagged With: Auto Financing, car loans, refinancing auto loans

Myths and Facts about the Right to Repair Bill

2010/02/24 By Ryan G Leave a Comment

In our last post, we told you about the basics of the “Right to Repair” bill going through legislation procedures right now. This bill has produced many rumors and half-truths as it moves along the proper channels. We’d like to clear up some of those myths and let you know the truth about some of the rumors behind this bill.

Myth: Auto manufacturers have to reveal their trade secrets to independent auto repair shops under this new bill.

Reality: Nearly two million people in need of auto repair are turned away by independent auto repair shops simply because they do not have the tools and knowledge to properly diagnose what needs to be fixed. This new bill would only require the automakers and dealerships to provide the repair shops with access to the same tools, computers and other information needed to properly diagnose a vehicle and the repairs that it needs.

Myth: The Federal Trade Commission (FTC) is opposed to this bill.

Reality: The FTC is officially neutral on the Right to Repair legislation. The FTC does not receive many complaints in this area because independent repair shops would not complain to the FTC about this type of issue and consumers do not know about this option. Even if they did, they usually do not realize the reason for the misdiagnosis of their vehicle’s problem so they would not think the FTC would be the place to complain.

Myth: Auto manufacturers and dealers already provide the needed information through the National Automotive Service Task Force (NATSF), so the Right to Repair legislation is unnecessary.

Reality: While the NASTF was created so automakers and dealers could share information with independent repair shops, it does not work very efficiently or effectively. It can take weeks or even months for some information to reach the repair shops even when the shop needs the information on the same day because the vehicle is in for repairs. The NASTF falls short of the goals listed in the Right to Repair legislation.

Filed Under: Auto Repair Tagged With: collision repair, repair shops

About the “Right to Repair” Bill

2010/02/18 By Ryan G Leave a Comment

If you have been keeping up with auto repair news, you know that the “Right to Repair” bill is advancing through the proper channels on its way to becoming a law. This bill is going to a great thing for auto owners. Here are some of the major components of the “Right to Repair” bill so you can be informed.

• The bill would require the various automakers to provide the same information, tools and service to other auto maintenance shops that they receive themselves.
• The FTC would be given even more oversight and enforcement powers over the various auto repair shops in the United States.
• The “Right to Repair” bill gives consumers and vehicle owners a better choice for choosing where they can take their vehicles for repairs. It also helps them decides which parts are best to use in their vehicles as far as maintenance goes.
• The bill would not threaten to take or copy the intellectual property of any auto manufacturers.
• The bill does not threaten or change the warranty agreement that a dealer has with the vehicle manufacturers.
• Automakers would not be forced to divulge any trade secrets or any manufacturing secrets under the new bill.
• The bill would promote vehicle safety because other auto repair shops would have access to computers and other tools that would help diagnose problems on vehicles.

This bipartisan bill is getting quite a bit of support in Congress at this time and independent auto repair shops are hoping it passes because it will mean they can do the same types of repairs that dealerships do which will increase their business tremendously. How do you feel about this bill? Is it something that is needed or is it just another instance of the government overreaching their boundaries? Let us know your thoughts below.

Filed Under: Auto Repair Tagged With: auto repair bill, collision repair, vehicle maintenence costs

All About Financing a Car Loan

2010/02/18 By dragonfly Leave a Comment

Car-buying fever hits everybody at one time or another during their lifetime. Unfortunately, very few people have the financial capabilities to simply buy a car with cash. That’s why auto loans are available. The overwhelming majority of people buying a car will finance the vehicle and make payments over several months and years. But how do you actually go about getting an auto loan? Here is how the process typically works.

Car dealerships often work with certain banking institutions and lenders for people who are financing their vehicle. Some dealerships will even have lenders “on-site” so you can discuss your auto loan directly with them in person. However, you can also visit your own bank or credit union to discuss getting a loan for a car. They can tell you how much you will be approved for so you have an idea of how much you can afford. Your bank may also offer you a lower interest rate than the dealership’s bank or lender.

Your bank may also offer more services like checking the value of the car you want to purchase against its actual market value. This can help because you will know if you are getting a great deal or if you are paying much more for the vehicle than it is actually worth. Your bank may not loan you the money in the latter case because if you default, the car is not worth enough to pay off the loan. Your bank’s representative may also even call the salesperson at the dealership that you are dealing with and tell him that they will only allow you to borrow a certain amount of money and you may get the car you wanted for a lesser price, but this rarely happens.

If you have been considering buying a new or used car, get down to your local dealers today and take advantage of the lower interest rates. You never know when those rates are going to be this low again!

Filed Under: Auto Financing Tagged With: Auto Financing, auto loans, car loan, used cars

2010 Hyundai Tucson

2010/02/16 By Ryan G Leave a Comment

Fluid. Dynamic. Motion made easy. Because this is how you always imagined driving to be. And this is where you want to be. Introducing the Tucson. A new concept in Crossover Utility Vehicles. Leading, not following.

Close your eyes and your ideal car is conjured up. One that doesn’t just take you places, but conveys you with flair and grace. That looks like it’s moving forward even when it’s standing still. The Tucson is a synthesis of flawless, cutting-edge design, embodying style in every curve. Sporty and powerful, yet at the same time, refined and relaxed. Its hexagonal radiator grille exuding strength, just as its sloping tail gate, oversize rear bumper and aggressive, low-slung stance convey purpose and sophistication. Your vision of a car, in three dimensions. BROWSE INVENTORY.

Filed Under: Featured Hyundai Vehicles, Insider Email

2010 Hyundai Genesis Coupe

2010/02/16 By Ryan G Leave a Comment

Elegance and prestige merged brilliantly with overwhelming power. It’s the ultimate automotive wish list, not just for a near-luxury car but for any red-blooded car buyer. The Genesis Coupe is an expression of Hyundai’s dream, technology and potential. From styling to performance, every detail will appeal to those who know what sportiness means and to those who love to drive. BROWSE INVENTORY.

One of the best values in the coupe segment of the automobile industry today is the 2010 Hyundai Genesis Coupe. There was a time when Hyundai was the low man on the totem pole when it came to impressing people with its products. In recent years, however, the Hyundai name has come to be synonymous with style, affordability and quality. The 2010 Hyundai Genesis Coupe is no exception to that expectation.

The 2010 Genesis Coupe starts out at around $22,000. But don’t let the price fool you. This luxurious sports car is more like a two-door version of its sedan, but it still “looks like a race car and acts like one too,” according to the reviewers at the Detroit News. Its “long hood and sloping roof” only add to the appeal of the race car appearance and the headlamps give it that extra touch that you would only find on some of today’s most recognizable sports cars.

Under the hood is representative of a sports car as well. Depending on which trim you choose (and there are six that you can choose from), you can get a turbocharged four-cylinder engine with 210 horsepower or a naturally aspirated V6 engine with more than 300 horsepower pulsating underfoot when pressing the accelerator. Either way, it’s a giant leap in the right direction for the Korean automaker which has limited experience with creating high-performance vehicles and engines.

As far as standard equipment is concerned for the 2010 Hyundai Genesis Coupe, you can expect to get a six-speed manual transmission, power windows and door locks, stability control, a trip computer, cruise control and so much more. You can also upgrade to the Premium or V6 Grand Touring editions and enjoy some more luxurious conveniences, such as leather seats, sunroof and more.

Automakers won’t be able to meet or beat this price any time soon. But your neighbor may beat you to your Hyundai dealer so you better go and check one out today!

Filed Under: Featured Hyundai Vehicles, Insider Email

2010 Hyundai Sonata

2010/02/16 By Ryan G Leave a Comment

The crisp, modern lines provide an instant insight into the character of the latest Sonata. The look is that of a model that comes along with status, style, comfort and convenience. The Sonata is the latest in a long line of cars from an award-winning company that understands what today’s buyers want. Think of it as engineering inspiration. BROWSE INVENTORY.

The midsize sedan where style and luxury converge.

For 2011, Hyundai’s renowned sedan – the Sonata – has undergone what can only be described as a re-envisioning. Taken to a new level of style, luxury and refinement, the all-new Sonata will undoubtedly be the sedan against which others in its class will be measured.

The highlights of this thoroughly outstanding sedan include its eye-catching Fluidic Sculpture design – which gives the impression of motion, even while at rest – and its luxuriously appointed interior.

Propelling the Sonata is a powerful and efficient Theta II 2.4L 4-cylinder GDI engine. GDI – Gasoline Direct-Injection – is a fuel delivery system that results in improved efficiency while delivering increased horsepower.

Sonata continues Hyundai’s value tradition with an impressive list of standard features that are costly options on many other cars: air conditioning, power windows and door locks, tilt-and-telescoping steering wheel, steering wheel-mounted cruise control and an AM/FM/XM/CD/MP3 audio system with six speakers.

The 2011 Sonata is a smart combination of superior styling, performance, safety and fuel efficiency. What’s more, it’s an affordable midsize car, putting a luxurious and rewarding driving experience within reach of many. Make the 2011 Sonata a part of your future.

Filed Under: Featured Hyundai Vehicles, Insider Email

2010 Honda Crosstour Review

2010/02/15 By Ryan G Leave a Comment

The badge on the back does say “Accord Crosstour,” after all. The award-winning Accord was a great place to start. But then we took the Crosstour to a whole new level, creating something longer, wider and taller – but with a shape that’s modern, sleek and sporty. We made a powerful V-6 standard and added available Real TimeTM 4wd. In the end, the Crosstour retains the essence of what makes the Accord a winner, but with looks, capabilities and a presence all its own. BROWSE INVENTORY

Your hands-on experience begins the moment you step inside the Accord Crosstour. Sink down into the wide, supportive seats with rich upholstery or available supple leather. Note how the controls and switches fall to hand with simplicity and ease – these are Accord trademarks lavished upon the Crosstour as well. Opt for the available Honda Satellite-Linked Navigation System,2 and you’ll have a vast database of maps and points of interest at your command. Restaurant reviews from Zagat Survey®3 are also included. Operate the system by voice or with the central interface dial, which can also control the audio system.

The power moonroof opens with a single touch. The overhead console is also the control center for the HomeLink®7 system (EX-L). It can be programmed to operate up to three remote-controlled devices, such as garage-door openers and home security systems.

When Honda designs a thoroughly new vehicle like the Accord Crosstour, it’s a given that you’ll find some of today’s smartest technologies. The Crosstour’s Bluetooth®6 HandsFreeLink® (EX-L) easily interfaces with your compatible mobile phone,* so you can make calls without taking your hands off the wheel.

Every Crosstour features a 360-watt audio system with 7 speakers and a 6-disc in-dash CD changer. The EX-L adds XM® Radio4 and USB Audio Interface.5 Plug in your compatible player or flash drive filled with music files, and the Crosstour displays song and folder information.

On navigation-equipped models, the system’s screen can also help give you a look at what’s behind you. Shift into reverse, and the rearview camera with an innovative guideline display makes it easier for you to maneuver the Crosstour when backing up.

Filed Under: Featured Honda Vehicles, Insider Email Tagged With: 2010 honda, crossover, crosstour

2010 Honda Ridgeline

2010/02/15 By Ryan G Leave a Comment

Where is it written that big has to mean inefficient? Why is it acceptable for a pickup truck to treat passengers like cargo? Or make driving feel more like work than fun? When we developed the Ridgeline, our goal was to make a truck every bit as tough as it needs to be, but also to send it charging into new territory. So we packed it with innovative features like 4-wheel independent suspension, a dual-action tailgate and lockable In-Bed Trunk,® and plenty of high-tech features inside. After all, why stick with the way things have always been done when you can find a better way?

Honda is one of the more respected names in the auto industry. That’s why you can trust the brand even when it comes out with something that is unique and unusual. The Ridgeline is just that. This sport utility truck has been around for a few years now and it has made a splash in the truck segment.

The 2010 Honda Ridgeline goes along with the idea of “If it isn’t broke, don’t fix it.” It has many similarities with the 2009 version, but there are also some much appreciated improvements from the previous generation. One of the more attractive qualities you will enjoy about the 2010 Ridgeline is the price. With a base price of about $27,500, the Ridgeline is one of the least expensive sport utility trucks on the market today. Of course, you can add some options and features to customize it for a maximum average price of about $35,200. That’s not bad for a truck that can do it all.

According to U.S. News and World Report Rankings and Reviews online, the 2010 Honda Ridgeline receives an 8 out of 10 for its performance. That’s considered “Very Good” because it is “plenty capable for what most buyers need.” In terms of the interior, the online publication gave it 7.6, which is considered “Good.” Its five-seat cabin is spacious and comfortable while there are extra storage possibilities for equipment, luggage and so forth. The sport utility truck also received a score of 8 on reliability based on initial quality from J.D. Power’s studies.

The most exciting rating that the 2010 Honda Ridgeline received was a 9.9 for its safety. This is considered “Excellent” due to how well it stands up during crash tests and more. According to one reviewer at Cars.com, “Honda’s forward-thinking on safety and technology is evident throughout the Ridgeline, and it’s standard in all trim lines.”

The 2010 Honda Ridgeline isn’t going to last forever. Its affordability, safety and reliability make it a great vehicle to have for your family trips or for work purposes. Check one out at your Honda dealers today!

Filed Under: Featured Honda Vehicles, Insider Email Tagged With: 2010 honda, Ridgeline, truck

2010 Honda CR-V

2010/02/15 By Ryan G Leave a Comment

With accommodations for five, tasteful appointments and incredibly comfortable seats, the CR-V rejuvenates both body and soul. For those who crave a deeper experience, the CR-V EX-L offers a 10-way power driver’s seat including power lumbar support, dual-zone automatic climate control, leather trim and heated front seats. Everything you could want on the road to enlightenment. BROWSE INVENTORY.

A dream is a view of the world not as it is, but as it could be. For over 60 years, Honda has encouraged its associates to aim beyond what is currently possible. All for the purpose of progressing human mobility. This spirit has resulted in advances in environmental technology, like the hydrogen fuel cell FCX Clarity, that brings us closer to a future filled with blue skies. It guides us as we strive to exceed government safety regulations and has led to industry-changing innovations on the ground, in the water, and, with the HondaJet,® in the air. And it pushes us to use premier race circuits as testing grounds for our ideas. Moving forward, our minds are open to new ideas, no matter where they come from. Because you never know what will be until you discover what can be.

Filed Under: Featured Honda Vehicles, Insider Email Tagged With: 2010 honda, compact suvs, cr-v
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