Archive for March 30th, 2010

Affordable Repossessed Used Cars For Sale

Affordable Repossessed Used Cars for Sale:

In most cases repossessed used cars auctions offer fifty to eighty percent off the retail price of used cars, this car auctions are therefore always flooded with used car dealer and the private persons never get a chance to attend this car auctions. However times have changed and the private individuals have become more knowledgeable and are now aware of these repossessed car auctions.

Repossessed Used Cars for Sale:

In these repossessed car auctions one will normally find a range of vehicles and automobiles which have been seized by banks or government authorities either form account holders who are unable to pay their bank loans or seized from criminals while some are government vehicles which are no longer in service.

Some of these cars are normally flashy sports cars and luxury cars which most people can not afford to buy at the showrooms, this vehicles are well maintained vehicles and most of the time they are always in good condition since this is the area where banks and government authorities are most keen on when in the process of seizing this vehicles.

Although you may be much exited at the repossessed car auction knowing that you will buy your dream car there, it’s always advisable to stay calm and to have the required information at hand on the various selections you are going to make being sure that you will find the best deals at this auctions.

Affordable Repossessed Used Cars:

You might ask how it is possible to buy a sports car at such a low price, and the answer lies in the hands of the Government and banks that seize thousands of cars a day and auction them off quickly.

Various federal, state, and local government and law enforcement agencies as well as Banks and lending institutions regularly seize thousands of cars and Suv’s every day and auction them off. At that point, We make it possible for you to bid and buy these vehicles for ridiculously low prices. Click here to join.

Why Classic Cars are Better Than New Ones

The start of 2008 brought great hilarity for those of us who keep a keen eye on the motoring industry – and especially those among us who sneer at anything less than a supercar. First, the joy of the internet and email meant I received a picture of a garden shed on wheels (yes, an actual shed) – with a clever fake press release heralding the launch of the new Daewood car! Very funny.

 

Then, in India, Tata Motors launched the world’s cheapest new car…the $2,500 Nano. Wizened industry-watchers heralded the apparent “breathtaking innovations in manufacturing technology in the global automobile industry based on severe cost-cutting”. Others were not so open-minded, with one United States media presenter describing the car as “a golf cart crossed with a jelly bean.”

 

But both events got me thinking – why on earth would someone buy a horrible new ‘Eurobox car’ when the money could be better spent on a fantastic classic car? This conundrum always baffles my colleagues at Sureterm Direct – the UK’s leading specialist classic car insurance company – so with their help here are my top 7 reasons to buy a classic car instead of a faceless, cheap, under-powered, Euro-shed.

 

1. Better insurance deals. Take it from us, as the country’s leading specialist classic car insurer, the costs of insuring a classic MGB if you opt for special features like limited mileage options can be considerably less than cover for a new hot hatch. And we’re not just talking about saving a £10 or so – the difference can run to hundreds of pounds. Classic car insurance quotes can be very competitive.

 

2. Zero road tax. Yep, that’s right. In the UK classic cars built before 1973 qualify for zero-rated road tax. You have to display a tax disk, but it doesn’t actually cost anything. So there’s £160 banked straight away.

 

3. It makes financial sense. The moment you drive your run-of-the-mill chunk of far Eastern plastic and metal car off the forecourt you lose 30% of its value straight away in depreciation. You no longer own a new car – you own a second-hand one! But if you invested in a cracking little classic car in good condition – and kept it smart – the chances are it should at least hold its value (and in some cases it might even increase in price).

 

4. Cheaper repair bills. Let’s say you’re in the middle of a country estate enjoying a picnic in your classic Morris Minor when you carelessly but gently bump into a great oak. You can find a new rear lamp for around 20 quid. However, do the same in your new Kia and the replacement rear light is likely to be at least two times that. 

 

5. You’re more environmentally-friendly. People think old cars use more petrol per mile than new ones – and in some cases they’re right. But it is a well-documented fact that around a third of the energy consumed by a car in its entire life is used to make it in the first place. So buying and using a classic car is recycling par-excellence. Spare parts for older cars are readily-accessible, so keeping your classic running is again very environmentally sound – while many components used in the build of new cars are sealed in and only fit for the bin once they’re no longer of use.

 

6. You look good. Swing down the street in a gleaming classic MGB and you’ll turn heads. And it feels great to drive around in something that is instantly-recognisable and draws knowing waves, nods and winks from other motorists. Of course, your Far Eastern tin machine might draw hand signals too – but a single finger doesn’t constitute a wave I’m afraid.

 

7. Social networking. Want to meet nice new friends in great surroundings? Then join a classic car club. For example, there are events for VW Beetle owners almost every weekend. It’s fun – and it’s hard to imagine the same feeling from a field full of Daihatsu Sirion owners.

SUV Rollover Accidents – What to Know Before Buying an SUV

SUVs – Sport Utility Vehicles – are more popular than ever. Ownership of SUVs increased dramatically by 250% in the United States from 1995 to 2002 as many people, especially families, were seduced into buying an SUV partly in the belief that bigger meant safer.


If you are thinking of buying an SUV, there is good news and bad news as far as safety is concerned. In general an SUV is more than twice as likely to roll over in an accident as a car. Children are especially at risk, they are three times more likely to be injured in an SUV rollover accident than if they were in a car.


And contrary to popular belief, the more weight that an SUV carries, the higher the chance of an accident. Most SUVs are designed – and owners are encouraged – to carry extra weight in the form of extra passengers and cargo, whether it is on the road or off the road. One way to minimize the risk of a rollover if you do drive an SUV is to drive with less weight.


In 2004 (the most recent year with data available) rollover accidents killed just over 10,000 people in the United States. Rollovers are actually rare (less than 3% of all car crashes) but they are responsible for around 30% of all traffic related fatalities. However, rollovers are particularly serious types of accident as they often result in head injuries, or passengers being thrown from vehicles.


The good news is that SUVs are currently safer than ever, a trend that seems certain to continue. An increasing number of SUVs are being made with electronic stability control which dramatically decreases the chance of an accident. This may become a requirement in the next few years.


Manufacturers are also making more so-called car-based SUVs, vehicles that combine the appearance of a car and an SUV. These usually ride closer to the ground than regular SUVs and are therefore significantly safer. And at least fifteen major car manufacturers have agreed that by 2009, all their SUVs would be built lower to the ground, saving an estimated 600 to 800 lives every year.


Other safety features are being introduced. Newer SUVs now have rollover air bags, designed specifically to protect passengers from injury during a rollover. A sensing device will detect a rollover and trigger an airbag to inflate, usually on the side of the vehicle, at the same time tightening the seat belts.


If you are still interested in an SUV, choose your model carefully. Cost, features, and gas mileage will all influence your purchase, but safety should also play an important part in deciding which make and model to buy. Many automotive web sites offer unbiased reviews of SUVs and their safety rating.


Give some thought as to whether you really need an SUV. Statistics show that fewer than 5% of owners will actually use their SUV off the road. A car or minivan may suit your needs just as well, and will usually cost less.


The National Highway Traffic Safety Administration (NHTSA) published rankings for 2006 which show which SUVs are most and least likely to rollover in an accident. The figures are based on the chances of a rollover in a single vehicle accident, they don’t take in to account multi-vehicle accidents. The figures also don’t take into account what causes the accident in the first place.


The least likely models to rollover are the Chevrolet HHR, Ford Freestyle and Chrysler Pacifica. The models most likely to rollover are the Nissan Xterra and the Chevrolet Avalanche along with several other models hovering just behind these two as far as the rankings are concerned.


Car manufacturers are understandably concerned with these rankings, the cost in financial terms and buyer confidence is enormous. There have been a spate of vehicle recalls over the last few years; one of the most far-reaching was by Ford in 2003, recalling almost 1.7 million Explorers and Mercury Mountaineers. And Toyota recalled almost a million SUVs in 2005 because of a defect that could possibly affect the ability to steer the vehicle.


So before you buy your next SUV, do a little research. It may just save your life if you are involved in an accident.

Be Your Own Racing Czar: A1 GP assets offered up in liquidation sale

Filed under: Motorsports

How do you spell “Boondoggle?” That would be “A1 GP.” The national-team based, FIA-sanctioned motorsport series declared bankruptcy at the end of last year and all of its holdings and intellectual property are up for sale, including the 20 Ferrari chassis that the Italians had been withholding for debts outstanding.

If the price is much higher than a penny, we question why anyone would want to get involved. In six years the series never made money, teams have been going bankrupt and there are current and potential judgments from individuals and territories against the entire series. Billed as The World Cup of Motorsport, the venture sounded good, and the list of drivers it attracted is seriously impressive, but making the necessary dough is another story.

Still, the administrator of A1 GP Operations is optimistic enough to say he hopes to have a purchaser in place by the end of March. We’ll keep an eye out for that announcement, but we think a safe bet with that penny would be on not seeing another A1 GP season. You’ll find a press release on the sale after the jump.

[Source: GoIndustry DoveBid]

Continue reading Be Your Own Racing Czar: A1 GP assets offered up in liquidation sale

Be Your Own Racing Czar: A1 GP assets offered up in liquidation sale originally appeared on Autoblog on Tue, 30 Mar 2010 09:29:00 EST. Please see our terms for use of feeds.

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Definition of a Classic Car

The term classic car is often used in the description of older cars, although the correct meaning is generally subjected to different opinions.  There are hence a variety of applications that can be applied in defining a classic car especially when ‘classic’ is applied in the form of an adjective and this is also true in the case of a dictionary definition. A certain dictionary defined the term “classic car” as “distinguished by outstanding engineering, fine workmanship and elegant styling built around 1925 to 1948 .”  

The above definition sounded quite close to one given by CCCA (Classic Car Club of America) whose definition was, ‘unusual or fine motor cares built between as well as inclusive of the years 1925-1948. These are all special cars respectively distinguished by their fine design, superior workmanship and advanced engineering standards. Classic cars were generally high-priced while in new conditions and the built quantities were limited.  Certain factors including custom coachwork, engine displacement as well as luxury accessories such as power clutch, power brakes and one-shot lubrication systems assist in determining whether a car can be considered as being a Classic.  

CCCA  maintains an endless list of vehicles considered to be classic and although all members are permitted to petition for a preferred vehicle to be part of the list, there is careful scrutinizing of such applications and it is rare to find any admittance for new types of vehicles. This definition is rather exclusive and hardly followed universally, and while CCCA acknowledges this, it still insists that its own definition of the term ‘classic car’ is true. However, to avert confusion, certain terms like CCCA Classic or Full Classic are used. Most states in the US have legal time-based rules regarding this definition for certain purposes like registration of antique vehicles. 

The definition in Pennsylvania is “motor vehicle” unlike a reproduction, the manufacture date being 15  years before the present year and it has been restored and maintained in a condition that conforms with the manufacturer’s appearance and specifications. United Kingdom does not have a classic car definition although there are two issues on taxation that have an impact. All vehicles manufactured before 1st January 1973 are not required to pay the road tax excise duty which is paid annually. It is usually inclusive of the license disc as part of the windscreen. 

There are certain insurance companies that deem any car that is 20 years and above to be eligible for a policy of classic cars, although the car must be 25 years or above to qualify for the license plate of historical vehicles in most states. In comparison to modern cars, classic cars lack the basic features of safety as they are nowadays referred to. These lacking basic features include rollover protection, crumple zones and seat belts. The handling characteristics of the vehicle especially the suspension and the steering as well as the brake performance prove to poorer in comparison to the current standards. Extra care is needed for classic cars.

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