Auto Trends

Archive for October, 2007

Winter Preparation of your Car or SUV (Part I)

It’s coming… the chill is in the air… the days are growing shorter, and before we know it the snow will begin to fall and it will be too late to prepare our vehicles for the most difficult time of the year… winter. There are several things that we all know to do, such as check your battery, spark plugs and wires, and give your car a good wax to protect it from the harsh chemicals spread on the road through the winter. There are also a few less know things that would be a good idea to take a day out to prepare.

  • The chemicals they spread on the road during the winter are bad enough for your paint, but if you let them get into contact with bare metal, you are going to be talking about even worse troubles, like accelerated rusting. With this in mind, it would be a good idea to take a quick look around your car and make sure that you do not have any serious rock chips exposing bare metal. If you do, you can either have it repaired by a chip specialist or do the job yourself (we will feature these instructions in a soon to come edition).

  • Purchase a radiator fluid check device from your local parts store. It will look like a syringe with a bulb on top and several beads inside the glass base. Making sure the fluid is cool enough to work with (wait at least an hour after driving), suck in the fluid using your overflow container and compare the number of beads that float in the mixture with their freezing level. You will want to be sure that your current mixture is capable of handling the coldest possibility that you cold be faced with this winter.

  • Thoroughly check all hoses and belts in the engine compartment. With the extreme temperature changes of the engine compartment in the winter, the rubber will find itself expanding and contracting to a rather extreme capacity. This could cause quick failure to an already well worn component. Any signs of cracks and bulges should prompt you to replace them immediately. Not only does winter accelerate wear and tear on certain components, but it also creates an especially dangerous situation if you have to perform a repair while on the side of the road. Fixing before it happens is always the best policy.

(to be continued…)

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Top 5 Dream Cars for 2008

2008 is just around the corner and it is time to begin the schmoozing to see if we can talk our significant others into a new car for 2008. If you are a particularly good schmoozer, perhaps you will be able to talk your partner into one of the 2008 dream cars coming out this year. Whether you can or you can’t, it is always nice to dream. Here are a few of the top cars that are currently (or soon to be) unleashed on us suburban daydreamers:

Ford Shelby GT 500 KR-  Keeping our feet planted on American soil, we will have to walk no further than your nearest Ford Shelby dealer… the one right outside of Las Vegas Nevada should do rather nicely. So, we already have the GT 500, so what’s so special about the letters “KR”. The first letter, “K”, stands for “King” and is worth about 20 horsepower, while the “R”, “Road” (King of the Road) is worth another 20, which gives the 500 KR a whopping total of 540 horsepower. If you’ve ever has the pleasure of cruising the open highway in an older model Viper SRT-10, you still have no idea the definition of power compared to the “King of the Road” Shelby. Included in the package is a short throw shifter, carbon fiber hood, 3.73:1 gearing (for ultra quick launches), new suspension, 20” wheels, and 40th Anniversary badging. But to get this dream past fruition, you are going to have to fight another 1,000 people for the rights, because that is all that is going to be produced for 2008.

Dodge Viper SRT-10-  The above comparison to an SRT-10 did mention “older model” and that is because the old paltry 400 horsepower the SRT used to heave through its massive V-10 has been increased a bit. More than a bit. A whole lot more than a bit to be quite honest. The 2008 Viper SRT-10 will feature no less than 600 horsepower and 560 lb-ft of torque. This translates to getting your groceries home in just over 12- seconds if your speed limit is above 100. Yes, the new Viper van push through the gears to 100 mph in around 12 seconds and to 60 mph in under 4. Not much else will be changed, but nor does it need to be. The Viper body is gorgeous, sleek and very refined.

Nissan Nismo 350Z-  Compared to the latter two, this dream is actually conceivable with a reasonable price tag of just over $37,000. It is not going to burn a hole in your driveway with its 306 horsepower, but neither is it going to be stuck behind every Volkswagen Van on the way up to sky territory this season. What it will lack in sheer horsepower, it most certainly makes up for in response and handling. It is actually tuned to be on the track more than on the street, which means it will deliver slurpy spilling G’s at the corner of every Quickie Mart. In other words, the ride will be rather rigid and harsh, but what else could you expect from one of the world’s best urban sports cars. The exterior receives a bit of bling, with a slick front bumper/ aero splitter, rocker extensions, and an exotic rear bumper that screams “you’ve just been owned”!

Audi R8-  It seems like everybody has a model sports car with an R or a T somewhere in its lettering and the R8 is Audi’s answer to kicking their own TT right out of the sandbox. The R8’s new styling is reminiscent of the TT, but on a much grander scale. But underneath is where the real magic is taking place, as the R8 is basically considered a re-skinned Lamborghini Gallardo. You can expect world class power and stability with its classic Quattro all-wheel drive… but don’t expect the run of the mill V-6 as this this car features no less than a direct injected V-8 borrowed from the RS 4. And you will not need to have the likes of Jessica Alba in the passenger seat to turn heads, as this R8’s engine is carefully sculptured behind glass in the rear with LED lighting effects to set off its highlights. A show car or a track car? It could actually be either… and for $109,000, it could be what ever you tell it to be!

BMW M3-  And no dream list would be complete without the ultra sexy M3 by BMW. Inspired by Formula 1… the 420 horsepower 4.0 liter V-8, sprints from 0-60 mph in just a hair past 4 seconds. And by Formula inspired, that is referring to the high revving engine that does not even get warmed up until you hit 8,000 rpm. Catering towards the sophisticated businessman who likes to look rather classy while driving like a bat out of ___ (the underworld), the M3 has been a staple, as one of the fastest coupes available today. The most unique aspect of the M3, is while it would not be afraid to get a little rowdy with any of the above mentioned super cars, it can also take to the inner city and drive around as docile as a sloth sleeping in a tree. The best characteristic of the M3 is still its handling however, but a nifty new features that “tuners” will appreciate, it a few buttons on the console that allow the individual driver to choose between throttle sensitivity, shock rates, and “sport” or “normal” mode.

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Auto Financing Dilemma: The Basics of “Buy vs. Lease”

*Photo by Brave Heart

Outside of that dealer pressure cooker they call an office, you will find the best place to sit down and weigh the positives and negatives of a new car purchase. Car dealers often make leasing look like a golden opportunity. How could you possibly go wrong with a brand new car every couple of years?

Depending on what is most important to you, maybe you can’t…

But, if you are actually considering the possibility of purchasing that car after your lease is up, there are a few things that you will want to keep in mind.

The best aspect of any lease is the low down payment, low monthly payments, and low maintenance costs. Some people who are a little strapped for cash, consider the lease for the initial purchase with the intent to purchase afterwards. This can be a great overall plan. However, for this plan to work, the value of your leased vehicle will need to be within the same range of your buyout price at the end of the lease.

Not every car is going to hold its value enough to allow this plan to work…

Occasionally, at the end of a lease the value of the car will be upside down to the buyout price and you would end up paying more than the car is worth on the market. In order to properly execute this plan, you need to keep track of consumer market prices for the type of vehicle you are considering.

Currently, these are the top cars that are holding their value according to Cars.com:

  1. Mini Cooper at 68% resale value

  1. Subaru Impreza at 63% resale value

  2. BMW 650 at 62% resale value

  3. Toyota Tacoma at 62% resale value

  4. Ford Mustang at 62% resale value

  5. Audi A4 at 62% resale value

  6. Porsche 911 at 61% resale value

  7. Jeep Wrangler 61% resale value

  8. Volkswagen New Beetle at 60% resale value

  9. Volkswagen at 60% resale value

…And more importantly, here are the vehicles that are not holding their value:

  1. Mazda B2300 at 28% resale value

  2. Ford Ranger at 29% resale value

  3. Kia Rio at 30% resale value

  4. Ford Freestar at 31% resale value

  5. Buick Rendezvous at 31% resale value

  6. Dodge Caravan at 31% resale value

  7. Ford Crown Victoria at 32% resale value

  8. Chevrolet Silverado at 32% resale value

  9. Dodge Ram 1500 at 33% resale value

  10. Dodge Durango at 33% resale value

If you are not planning on purchasing the car, the biggest drawback of a lease is that you will inevitably always have a car payment for as long as you continue to holdout on the buyout. Like an apartment dweller; you will never be able to build up any equity in your cars, as you are only paying for their use. This is going to be more expensive in the long haul, there is no doubt about that.

However, if owning a new car is the most important thing, attaining a new loan for every new car you purchase every few years does not make financial sense either…

To recap: if you are buying a car that you know you will want to keep for a fair amount of years you should probably just take out a good loan and pay it off in a few years. If you are not the kind who can have the same car for several years before getting a new one, then leasing might just be your most simple and convenient option.

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