Learn How To Buy A Car And Car Insurance Without Breaking Your Budget

Do you ever wonder why different cars cost you different amounts for auto insurance premiums? Why is it that a new Corvette may cost you $1,600 dollars a month in auto insurance and an older Buick Regal may only cost you $90 per month? The new car insurance cost versus the old car insurance cost is a subject that you must review before you buy any car. Review insurance costs before you buy and you will not get caught in a financial trap.

New cars cost more to insure than old cars for three reasons. First, an auto theft of a new and exotic car costs much more than the auto theft of an older and average style car. This is because of the large value difference of the new car versus old car. For example, a new Chevy Caprice is much more costly to insure than an older Chevy Caprice. It simply costs more money to replace a new, expensive car than an older, less expensive car.

Second, the cost to repair a new car is much more than the cost to repair an old car. As such, this fact shall also increase your insurance premium cost for a new car. For example, if a new Chevy Caprice is damaged in an accident, the auto repair shop will charge you much more money for repairs than if the subject car were a ten-year old Chevy Caprice. For this reason, your insurer will charge you much more insurance premiums on a new vehicle than an older vehicle because of such repair costs.

Third, the style and type of car also shall greatly affect the cost of automobile insurance premiums that your car insurance company will charge you. Insurance companies use actuarial statistic tables which show them the past loss experience on particular styles and types of cars. They use these tables, to help calculate what premiums to charge their customers in the future. Statistical tables show these insurance companies that owners of certain styles and types of cars, such as sports cars, engage in more risky driving behavior than owners of cars that are of average type and style.

For example, insurance company statistical tables show that the insurer has experienced more losses with sports cars than with average cars. It is because the owner of a Corvette will probably drive such car faster and riskier than the owner of a Toyota Camry. With such speed and risk also comes along more losses for the insurance companies. With such risk and loss increase, the insurance company must then increase their return and charge more for auto insurance premiums.

Another example of how the type and style of vehicle may present an insurance company with more risk is the off-road style vehicles such as the Hummer line of vehicles. These vehicles are designed to perform in the off-road type environment. They are raised up off the ground more than regular automobiles for under carriage clearance. Additionally, they also have four-wheel drive capability.

With such design capabilities, the statistical tables show that the insurance company has experienced more losses with these types of cars than regular cars. This is because the owners of such vehicles will engage in off-road driving which is both risky to the vehicle and driver. In fact, some insurance companies may bar recovery for such damages, when the owner of the insured vehicle was damaged while any engaging in risky, off-road driving. Again, with more risk, the insurance company will increase return and thus auto insurance premiums. Now that you know that certain styles and types of cars cost more to insure than others, you have to be smart about what kind of vehicle you are going to buy.

Rather than take a guess at what you believe a vehicle’s insurance costs are, call your car insurance company and ask your insurance agent for a free car insurance quote for the exact type of vehicle that you are interested in buying. You can get a definitive answer to your question of whether or not you can afford both the car and the insurance premiums required to cover your car against insured losses.

The time to make such assessment is not after you purchase a vehicle. At that point in time, it is too late. The time to make such assessment is way in advance of your purchasing an automobile. You definitely want to be able to make both car payments as well as insurance premium payments. Get a free auto insurance quote ahead of time and avoid financial problems.



Source by Jack Bennington

Automotive Service Facility Secrets That Will Save You Money

I want to talk a little about automotive diagnostic costs and how they get passed on to the average consumer along with the reasons behind this. The inner workings of Automotive service centers are very similar in some aspects and very different in others. Some service centers really try to give the best customer service available while others will charge you for every bit of time that they can scrape up and not even look back.

  • Not all Automotive diagnostic strategies are equal.

The truth about diagnostics is that technicians will not always treat them the same way. There are always different points of view and unfortunately just because you recover a certain fault code, the part it points to may not in fact be the failed part. The technician will use his own experiences to diagnose the problem and not necessarily the "text- book" method depending upon the skill set of the tech.

  • Technicians need to feed their families.

The technician, like anyone else, needs to feed his family and in the automated service profession the techs are paid by the book hour. This means that they receive a small amount of time to diagnose the problem and the standard "book" time to replace the part. This is where things tend to go wrong as the technician is forced to "beat the clock" to diagnose and repair your vehicle.

  • Parts Swapping

When the technician is faced with a fault that is unusual and has to spend a fair amount of time on it, this is where you start to pay. It is not that the technician is untrained or inexperienced, but rather that he or she may have to ask for extra time or start swapping parts which you may end up paying for.

  • Paying for more than you needed

Nobody usually minds paying a little extra if the technician has run into a problem and needs more time, but it is when the fifth part that was replaced has fixed the problem and you are faced paying for the other 4 possibly unnecessary parts. This happens because the technician must fix the vehicle as promptly as possible to get paid and move on to the next job.

  • Be smart about your repairs

When you bring your vehicle in for diagnostic work such as a check engine light, air conditioning, abs light, air bag light, etc. always and I repeat "ALWAYS" tell the service center to call you after they have put an hours worth of time in and convey to you where they are at the vehicle at that time. At that point you can make a determination where the technician is at diagnosing your vehicle and you can then decide how much more time you are willing to let him spend on it. Do not be afraid to push the service advisor into telling you whether he is close or not.

  • Paying for parts you did NOT need

There are many instances where the technician will put 2, 3, or 4 parts on the vehicle and say that they were all contributors of the problem and it seemed to get a little better as each one was replaced. From my experience this is possible only when the vehicle is just so old and neglected or there was consequential damage as something took out a multitude of parts and it usually was not any of the parts but some other undering problem. Again you should instruct the service advisor to call you as soon as they suspect a part and want to replace it and if it is not the problem you will be charged for that part.

  • Generally dealerships will treat you better

Automotive service dealerships usually will be more expensive, but are large enough to usually work with you on possibly splitting the time of the diagnosis. If it was an extensive diagnosis they may consider "eating" some of the time and NOT charge you for any parts that did not fix the vehicle. There are many independent service shops that will grant this negotiation to you, but in my experience there were not as many.

Everyone needs to get their vehicle serviced at some point or another and being aware of the situation will greatly help you in the long run. If you experience a situation that you are not so sure of and need a little advice, be sure to drop us a line at the company website.



Source by John Plocar

How to Buy a Car at a Car Auction

There's never been a better time to find your next used car at an incredible savings than right now. Cheap used cars are plentiful not only in your local auto classifieds, online classifieds, but also at car auctions around the country.

The process is solely simple and the car auctions are user friendly in most areas. A used car buyer does need to be at least 18 years of age to bid at auction and must possess a valid driver's license. The payment methods generally are limited to cash, certified check or money order. Some car auctions may have their own individual requirements which are listed on their website or at the auction location.

Once you locate a used car auction (simple enough to do by running a search with your internet browser) you can then browse their website for rules, bidding methods (live, proxy, sealed bid), and the vehicles that are available to choose from .

It would be wise to all ready have an idea of ​​what type, make, model of vehicle you are looking for. You might even be interested in locating a used luxury car such as a Saab, Volvo, Mercedes or an SUV. There are plenty used luxury vehicles available, as well as typical cars, trucks and SUV that are fairly recent models.

The largest plus to buying a used car from an auction is the fact that most of these used vehicles will sell for far less than the actual book value. In fact, it's not uncommon to see savings of up to 95 percent off the book value of the car.

Used car auction homes offer a time period before the actual bidding for potential buyers to view the vehicles, inspect the cars that they interested in and even have a test drive and have a mechanic inspect the vehicle. Some auction houses have mechanics on site that you can hire to give you a full report on what the car needs for repairs, if anything.

Now that you've chosen a couple of vehicles that you are really interested in, set yourself a budget (how much money you really want to spend on a car) and prepare to bid. You will be assigned a bidder's number at the time that you register. Once the bidding begins, you simply show your number and the auctioneer will note your bid.

If you are the lucky bidder on a vehicle, the auctioneer will announce the sale of the vehicle to you. You will have a certain amount of time (24-48 hours) to make payment for the vehicle and to then remove the vehicle from the auction's lot.

To Learn more about used car auctions and government used car auctions, CLICK HERE for some outstanding information.



Source by Toni Alexander

Easily the Best Way to Learn to Trade Forex

If you want to learn to trade forex, you're far from alone. Each day hundreds and thousands of would be traders blindly throw their hats into the forex ring with no more preparation than watching a few hours of financially aimed programming.

The best way to learn to trade forex is to acquire a demo forex account as there is no substitution for the real first hand experience. Through a demo account you can trade under the same conditions as real traders, but without having to risk a cent of your own money. Instead, you'll be trading with and keeping track of an amount of virtual money. This encourages you to make the learning mistakes which you would otherwise be unwilling to make had it been your real money that you were trading with. After a couple of months and number of successful trades under your belt, you'll be ready to transition into the real thing.

Beyond a demo account, there are steps you can take to lower the overall trading risk factor, as well as learn to trade forex a great deal more efficiently and accurately. Forex systems or software has been developed in recent years to make the trader's job that much easier. Some of the more reputable models easily and more than adequately take the place of a broker, which in the past was unheard of altogether.

Forex software first auto trades on your behalf in times when you are not able to. You determine just how much independence that your program has over your account, many traders leave their auto traders on autopilot. In this way, forex software is ideal for beginners as well as more experienced traders who simply do not have the full time to devote to it.

Arguably the best aspect of forex software is that it anticipates emerging trends in the market, both positive and negative, allowing you to trade accordingly and jump in and out of the market at peaks times. These trends are predicted as the program regularly analyzes market data and feeds it into pre-designed mathematical algorithms which yield remarkably accurate predictions.

They are able to be as precise as they are because said algorithms are tested for several months in advance, sometimes extending over the course of a year, to get an adequate slice of the market time and they are tweaked until the trends which they generate completely align with the real market data as it happens. The best trend indicating programs are hands down the best way to trade confidently and early and if you want the best information affecting your trades. It's a great way to learn to trade forex as reasonably and reliably as possible.



Source by Max Branner

How to Get Car Insurance

Whether you own a decent Mercedes or a flashy Ferrari with spotless shiny paint, either way cars are considerably expensive in all respects. While most of us buy cars for the sake of bare transportation purposes, there's no denying it that while buying one you tend to spend an extra buck on it. So, while you consider flashy upgrades like a new paint job or new rims, or basic annual requirements like maintenance visits and new set of tires, one must not forget car insurance.

As we all know, car repair can be an expensive affair. So if you're involved in a minor accident, even though it may not have been a huge catastrophe, you'll have to afford basic things like engine repair, paint and other technical damage. So it's best to have a decent car insurance, which shells out against your vehicles damage repairs in case of a mishap.

Not only this, another important aspect why car insurance is a necessity is paying the second or third party damages, which come under comprehensive insurances. These insurances are known to provide full coverage. In other words, the insurance company shells out for your repairs and the second party's repairs in the case of a collision accident, it also covers your damages in other cases like natural causes, theft and many more. Needless to say, this amazing insurance comes with a premium that 'll have a few extra zeros at the end of the required amount, but in some cases it's worth it.

All's well when you accidently bang into a Toyota or something in its range, the damages are some what affordable to consider repairing. However, imagine scratching off a 5 series BMW. Ouch! That's going to be completely unaffordable for some of us. As of the rest who can afford to fix it, a nice deep hole in the pocket is guaranteed!

Another useful car insurance policy is the uninsured motorist coverage. Under this policy, if you were to meet with an accident, and the person at fault does not have insurance, your insurance company covers you up for it. So your medical bills and car damages are taken care of. Then the company extracts the amount from second party over a period of time. So, insurance is a must for your vehicle, be it basic repairs for your vehicle, medical bills, second party damages or damages in case of a natural calamity. A good policy will have you covered from all sides.



Source by David Jesca