Car Prices Blogs - April, 2011

Comparing Car Leasing Vs Car Buying

April 25th, 2011

When your car lease term is up, you may decide you want to buy the car and keep it. Keep in mind that it may or may not be a good deal, depending on the buyout price and your specific circumstances. There could be a number of good reasons for you to buy the car:

  • You really like the car and the buyout price is fair.
  • You don’t want the hassle of starting a new lease or buying a new car.
  • You’ve exceeded the number of miles allowed and want to avoid penalties.
  • There is excess wear and tear on the car, and you want to avoid the fees.
  • You know the car’s mechanical history and know that it’s reliable.
  • The first thing to do is to find out the buyout price of the vehicle and if it’s negotiable, and how far you can negotiate it down. Keep in mind that the leasing company ultimately wants you to buy the car. Check the current blue book value of that vehicle and also take into consideration the current condition of the vehicle and anything that you may owe, such as extra mileage fees.

    Don’t mention if you are over the allowed mileage limit or that there is excess wear and tear on the car. If they know this, they will realize they have you over a barrel and might be less willing to negotiate on the price. Allow several weeks to negotiate the final price for the car and assume that the negotiations will probably go right up to the return date for the car. Just make sure you have reached a fair price and that you are aware of any other related fees before you agree to the deal.

    Volkswagen Beetle 2012 to be Released Early Fall

    April 18th, 2011

    Finally, after 10 years, the New Beetle will finally be updated and will be exhibited for the first time at the New York Auto Show this year.

    The design will remain very plain and clean, keeping the fender bulges and the headlights. The interior resembles more the new Jetta, than the New Beetle. As far as the engine, there are 3 options:

    • Base 2.5-liter five-cylinder w/170 horsepower averaging 26.5 mpg with a 5 speed manual or 25.5 mpg with a 6 speed automatic.
    • Turbocharged 2.0-liter four-cylinder averaging 30 mpg. This one will be offered as the sporty version.
    • The 140-horsepower, turbocharged 2.0-liter diesel engine averaging 30 miles per gallon.

      The New Beetle will be available in dealerships by mid September-early October this Fall.

    The New Tesla Will be More Accesable Soon

    April 11th, 2011

    As we know, Volts, Leads and Roadsters are already on sale, however only available in some parts of the country.

    US Government has been pushing hard by promoting Electric Vehicles these past 2 years. Most of the population believe this is mainly because this will help reduce global warning. But, the big efforts do not all rely on environmental reasons. If consumers in the following years switch to this type of vehicle, this will help cut down our reliance on foreign oil.

    For these vehicles to become more popular will take time though, the available models are very expensive and therefore not accessible to all consumers. The gas powered autos present lowest currently car prices.

    More EVs are expected to hit the market in the following months. Some of the models in the process of being launched are: The Ford Focus, The Coda Sedan, Honda Fit. Audi and Volkswagen are developing new models that would probably be available next year.

    New Cars: Electric Vs Gasoline

    April 4th, 2011

    Despite great efforts from the government to push consumers into buying more expensive electric cars, car manufacturers are somewhat winning the battle by providing revamped, more fuel efficient new models. These new vehicles such as the Chevy Cruze have proven to reach over fifty mpg in the highway, a number rarely ever seen in the past years.

    If you are buying a new electric car, you can apply for a $7.500 tax credit, even with such huge incentives, electric cars aren’t being sold in great quantity. On the contrary, big car manufacturers such as Chevy, Hyundai and Ford (ones not receiving subsidies from the government) are pulling successful numbers with it comes to car sales of fuel efficient cars.

    The Washington Post recently published an interesting note on this matter. It reads: “…the best immediate hope for restraining the nation’s fuel consumption might be some new vehicles that, although powered by conventional engines, run efficiently because they have been stripped of unnecessary weight, streamlined to move smoothly and equipped with gas-sipping engines.”

    Smaller fuel efficient cars not only cost less when compared to electric cars, but are easier to maintain. If you would like to compare hybrid car prices , please browse through our pages and request as many free price quotes as you like.