Here Is How You Can Save Big Money Buying Used Cars

There’s nothing wrong with buying a new car, if you’re prepared to accept the short and long-term financial losses. The second you drive that new vehicle off the lot you’ve lost around 20%. A car that was forty-thousand loses eight driving home. Then a depreciation rate of 15% per year for most models, with some exceptions of course. We all know it’s easier to buy than sell an item! Therefore, my choice is always buying used cars, and this is my criteria that saves me big money in the long run.

My recommendation is purchasing a used car for cash not financing. Without interest and the two-way insurance requirement, you’re probably saving around $1200/ year. Next is not purchasing a used car from a dealer which can be considerably more expensive. Many people believe dealers do more to repairs used cars making those ones sounder investments. Keep in mind dealers need to make profits, which means incorporating costs like the trade-in, repairs, operational costs, and commissions. That is the reason my preference is being patient finding private sales. People selling their own used cars have no overhead expenses, and know they will get a lot less from the dealer.

The type of used cars I look for have low mileage, service records, accident free, many features that work, and sellers who have been meticulous with their cars. Doing a lot of mileage yearly my number is around $5000. Prior to purchasing I spend an hour labor having my trusted mechanic look the car over. If there is anything major I walk away, minor repairs are negotiated to bring the price down. My rule of thumb is keeping aside an additional $1000. Buying a used car, I know within 6 months there will be some normal repairs coming, like breaks, timing belts, or shocks. My objective is keep the car for 3-4 years owing me nothing re-selling it afterwards for around $1500.

Taking into consideration I can drive a used car for 4 years saves me $4800 in interest and two-way insurance. My total purchase cost being around $6000 counting in the set aside money. If you do the math above including in my $1500 resale, I’m ahead $300 based on my original purchase afterwards. Who can say that buying a new car could ever do that? If you’re thinking of purchasing a car try my way in saving big money buying used cars.

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7 Key Rules To Maintain Your Car Tyres

In today’s world, maintenance and neglection can determine the life of your tyres. It’s quite tough to take care of your each & every part of your vehicle to maintain the performance or extend the life of your one of the most valuable assets. Neglecting the maintenance of your car tyres can be very costly.

Pay attention to these key areas to save on its replacement instead of keeping an eye on your vehicle’s performance and checking other parts. According to the experts, tyre maintenance is not a rocket science, it’s just a set of basic rules which are easy to follow for extending their life.

Know the inflation level: You better know the inflation level which is the biggest influence on tyre life. They are designed to run at a specific pressure. So gather the information on your exact axle load or refer to a tyre load chart. These are available online as well so that you can make the adjustments accordingly.

Join a good inflation maintenance program: It’s better if you can join a good tyre maintenance program which is quite difficult as they naturally lose air. Small punctures or valve caps may encourage the leakage. Make sure you check your tyres on a regular basis or once in a week to look if there is a rapid leak.

Reduce your driving speed: It always recommends to control your driving speed because the high speed generates more heat and accelerate tyre wear. The average speed between 55 mph to 75 mph can reduce the total treads mileage by 20% so make sure you keep the speed approx 55mph to increase the mileage.

Keep your vehicles well-aligned: Poor vehicle alignment is the major reason of the uncertain wears. Unexpected tread wear would appear on parts of the tyres if they don’t run straight ahead. The vehicle should be properly aligned so it’s better you start a serious alignment program which may increase the tyre mileage by 30%.

Mount it correctly: It’s better you watch the performance of your car tyres. You will have to watch that your tyres are mounted or match-mounted to the wheel correctly. The high spot may vary one tyre to another so watch this mark when you mount the tyres. It’s better if you take the high spot to match it to the low spot of the wheel.

Check & replace a wheel on time: You need to check the wheels and suspension components on time so that you can replace these hidden enemies of your tyres. If your wheel bearing is not torqued properly, it may cause irregular wear. Worn shock absorbers may cause depression wear on treads and an early trip to the scrap pile. Don’t wait for the suspension components to be broken or for any leakage. It’s better if you can replace shock absorbers and other suspension components.

Rotate Tyres: Intelligent tyre rotation is quite important to promote even tread wear and add a lot of extra miles in tread life. It’s better if you rotate drive tyres between forward and back positions once in a few months to even out wear. Rear tyres will wear quicker than the forward positions so, it’s better if you emphasize on intelligent tyre rotation.

3 Reasons Why Autonomous Vehicles Will Be Here Sooner Rather Than Later

In today’s fast moving world, technology and new inventions are popping up every day, making life easier on us. The auto industry is no different. We have seen this industry progress very quickly in the past few years. Seeing the invention of electric vehicles, more efficient vehicles and now including the amount of autonomous safety features, the question is often brought up, what will the auto industry look like in ten years? Here are three reasons why autonomous vehicles will be here sooner rather than later.

1. Humans are bad drivers. If the industry moves to being 100% autonomous or self-driving, the need for us human drivers would be completely eliminated. This would bring down accidents and auto related fatalities nearly by 100%. While it is hard to imagine no drivers on the road, it makes sense when we see how safe these autonomous vehicles can keep us. Not all drivers are bad, but in today’s technologically driven world almost everyone you see will have a smartphone in their hand or pocket. And the same goes for while they are behind the wheel. These smartphones allow drivers to become easily distracted which results in accidents and injuries, often deadly.

2. Technology is making us more comfortable. Technology arguably runs our lives. It surrounds us and makes our daily lives easier. The same goes for autonomous vehicles and their technologies. These new safety features have come around so quickly and the art has been perfected. It is almost impossible to find a new car without some sort of autonomous safety feature. Anything from voice control, rear-view cameras, automatic parking and automatic braking you can expect to see. As these additions become even more common and present in our driving experiences, we will get more comfortable and used to them. And once we realize the ease and safety that these features provide, we won’t look back.

3. Everyone can be apart of the autonomous industry. From young children to old grandparents or those with a disability, anyone can use these autonomous driving services. The safety and ease of use of these self-driving vehicles will allow anyone to get to their destination, even if you were not able to physically drive regardless of the reason. This will make transportation easier and safer, especially for the disabled and elderly community. These self-driving vehicles will gives us more freedom, independence and options for everyone. Imagine your next road trip not having to worry about driving, directions or how your grandparent might get there.

The use and addition of autonomous vehicles into the industry would be huge. Creating safer roads, more opportunity and a better industry. While this change may not happen for another 10 years, once we get a taste of the autonomous industry we will never look back.