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5 Ways to Lower Insurance Costs for Younger Drivers

Young Drivers

Car insurance for young drivers is generally more expensive than for established drivers because younger drivers are less experienced behind the wheel. Insurance companies see younger drivers as more of a risk, but there are a few things you can do to lower the cost of your first car insurance.

Insurance companies have a checklist of items that they ask any driver who signs up. By doing a few things in preparation, you can make sure your insurance costs are kept to a minimum.

1. Shop around for your insurance.

Strippers!

Oh please, get your mind out of the gutter. Sorry, we’re not talking about exotic dancers, but if it’s any consolation we are talking about cars that have the, shall we say, bare minimum of standard equipment.

The concept of strippers has seemed to become very nearly obsolete these days. Indeed in the subcompact and compact ranges, cars that were once considered purely entry level vehicles, it is now possible to get levels of comfort and high end features that were once the province of luxury brands only. Likewise, there once was a time long ago when pickup trucks were purely utilitarian, before Cowboy Cadillac entered the lexicon.

Best Cars For Teens & Grads

Grad Car

The school year is rapidly drawing to a close, and graduation day is just around the corner. Just as mortarboards will be soon be cluttering the afternoon sky, the internet is cluttered with articles about the best cars for teens and grads. A quick search turns up more than you can shake a tassel at.

All of these articles identify safety and reliability as key factors in selecting a car for your kid, but some include other considerations such as insurance costs. Considerate of your bank account, half of these lists look at used cars, but for you big spenders, there are a few lists that feature reasonably priced new cars. Let’s take a quick look at some of these articles, understand their criteria, and see if we can identify some consensus.

 

Cost of Car Ownership on the Rise

Car Costs

The American Automobile Association has released its annual ‘Your Driving Costs’ study. The study shows a 1.9 percent increase in the cost of owning a car. This translates to an average cost of $8,946 per car per year, which includes things like fuel, maintenance, insurance, and finance repayments.

This news is not entirely surprising, given the rise in fuel costs over the last year. Pump prices are up almost 15% since last year’s report. The cost of tires has also risen 4.2%, an increase mainly caused by a rise in the cost of raw materials.

The findings in the AAA report were based on a driving cycle of 15,000 miles a year.

Ward’s Names 10 Best Interiors for 2012

Audi A7 Interior

The fact is that when we shop for cars, the first thing we look at is is the exterior design. It’s the sheetmetal that catches our eye and elicits the emotional reaction. By comparison, interiors get little attention. When’s the last time you saw a car’s interior on the cover of a magazine?Think about it, though. After the initial blush of exterior infatuation, where do you spend all your time? On the inside of the car, not the outside. Shouldn’t it be a place you enjoy? It’s time to share some love with car interiors for a change. The editors at WardsAuto agree, and have named their 10 Best Interiors for 2012. Climb in and have a look.

Looking For The Best Deals? Find Flexibility.

So you’re in the market for a new vehicle. Let’s say a minivan. You’ve always heard great things about the Chrysler Town & Country; they're packed with cool features, and heck, they invented the segment. But when you finally get down to price, the deal is okay, but nothing spectacular. On a whim you check out the Volkswagen Routan. Eerily similar to the Town & Country. Well it should be; the Routan is mechanically identical. It’s an example of some friendly sharing between the two companies to help VW get a minivan to market quickly without developing their own from scratch.

 The real difference you find though is when you starting talking deals. The VW dealer is giving you much more wiggle room. What gives?

Is A Hybrid Right For You?

Hybrid

With gas prices hovering around $4 a gallon with no relief in sight, more people than ever are considering hybrids to get some relief at the pump. According to a report by HybridCars.com, hybrid sales hit an all-time high in March 2012 with over 48,000 vehicles sold.

Yet a report by Polk indicates that only 35% of hybrid owners buy another. So before you take the leap you may want to ask the question: Is a hybrid right for me?

The answer to that questions involves factors both economic and social.

Leading Green Cars for 2012

With Earth Day right around the corner, it only makes sense to take a look at the leading  environmentally-friendly green vehicle market. What was once a market dominated by the Toyota Prius has ballooned in the last year or so to include a wide range of manufacturers, models, and features. The green car is here to stay and with recent legislation proposals in California and other States, we’re likely to see even more of these environmentally-friendly vehicles on our highways and city streets.

 

Diesel Vehicles You May Have Missed

Diesel

More and more people have gas prices and fuel economy on their minds. This has in part resulted in a surge of interest in hybrid and electric vehicles and now we’re seeing another interesting shift - more people are considering a diesel vehicle. A mainstay in Europe, diesel vehicles have often been overlooked in North America - considered to be noisy and not worth the dollars at the dealership - but this perspective is slowly changing.

 With this in mind, we thought it would be useful to take a closer look at the diesel vehicle market and highlight a few vehicles that you may not have realized do come with a diesel option.

Suzuki On Their Way Out of the US Market?

Suzuki
In recent years Suzuki cars appeared as though they finally had the opportunity to carve themselves a small niche as interesting alternatives in a couple of key segments. The SX4 is the most affordable AWD car on the market, and the Kizashi proved to be a stylish, engaging drive in the mid-size segment.
 
However a report in Automotive News paints a picture of an auto company in retreat. Marketing budgets have been cut. Social media has evaporated. They skipped the Detroit and Los Angeles shows altogether.
 
Meanwhile, sales have shrunk and dealerships are vanishing.

Auto Inventory Shortage Possible After German Plant Explosion

Car makers worldwide may face a severe shortage of a resin used in the production of brake and fuel lines, causing a major kink in the manufacturing supply chain.

A March 31 explosion at the factory of German chemical company Evonik killed 2 workers, and completely halted the production of Cyclododecatriene, also known as CDT. CDT is required in the making of the resin PA-12, which is used for coating brake and fuel lines supplied to all major manufacturers.

Asia’s largest supplier of PA-12, Ube Industries, is already fielding requests from manufacturers for increased production, but states that they are already running at full capacity.

Comfort At An Affordable Price

Chrysler 300

Think about what you’re looking for in your next new vehicle or even what it is you like about your current vehicle. Chances are that you’ll list comfort high on the list. Seats that support your back and legs, lots of room so you’re not knocking elbows with your passengers, room for any gear you need to bring with you, and a quiet ride - yes - we all want a comfortable ride.

 

2012 Brand Image Awards

Kelley Blue Book

In every industry, perception and what we think of specific companies, brands and logos goes a long way in contributing to our purchase decisions. When it comes to buying a new car or truck, this brand awareness and perception goes a long way in how we research our vehicle purchases and ultimately in the vehicle we choose to buy.

 

Looking to Sell Your Used Car? Now’s the Time!

There are several different stress points involved in the new car buying process, but the hardest one to get a handle on is what to do with your current car. “I could trade it in, but I won’t get what it’s worth. And how do I even know what it’s worth? The dealers say they don’t use Blue Book prices,” or “I know I can get get more if I sell it privately, but who knows how long it will take?”

Well, the best time to minimize the angst might be right now.

Trade-in values on used cars, especially late model, fuel efficient vehicles, should peak in the next few weeks, according to the National Automotive Dealers Association (NADA) Used Car Guide.

2012 New York Auto Show - Ram

Ram 1500

Ram has something they want you to know: the 2013 Ram 1500 has best in class fuel economy. Seriously, they REALLY want you to know that. They must have used that exact phrase, with an accompanying metal-slamming dust-raising graphic, a half-dozen times before they even showed us the truck.

To achieve this best in class fuel economy, they utilized a host of improvements: a redesigned stronger and lighter frame, 8-speed automatic transmission, electric power steering, stop-start technology, active grill shutters, and active air suspension for aerodynamic benefit.

2012 New York Auto Show - Subaru

Subaru XV Crosstrek

Subaru's one debut was the XV Crosstrek. In a past life you knew this as the Outback Sport. Basically an Impreza that's been jacked-up and called a crossover. You'll get 8.7 of ground clearance, same as the Outback wagon, so feel free to bust through those snow drifts.

Also previewed were a refreshed Legacy and Outback. A new 2.5 boxer engine, and minor styling updates are the only news.

Subaru also introduced a new technology called EyeSight that offers adaptive cruise control, pre-collision braking and throttle management, and lane departure warning. Normally only seen in more expensive cars, Subaru has concocted a more affordable system using stereo cameras rather than radar.

2012 New York Auto Show - Toyota

Toyota Avalon

Toyota's press conference featured a "concept" that was suspiciously devoid of a name. After the full show and tell, the big surprise was that this wasn't a concept at all; it was the new Avalon, exactly as it will appear in production form.

The Avalon has always been referred to (or derided) as Toyota's Buick; large, plush, smooth ride. Blandly inoffensive. The perfect choice for retirees. But with the changing definition of Buick has forced Toyota to step if up a notch. The new Avalon takes a giant leap forward in styling. Is there anything particularly original going on here? Nope. But it is a handsome, balanced, well-executed design that should broaden the Avalon's appeal further down the age scale.

2012 New York Auto Show - Hyundai

Hyundai Santa Fe Sport

The 2013 Hyundai Santa Fe has undergone a type of automotive mitosis, splitting like an amoeba into two separate vehicles. One, the Santa Fe Sport, has a shorter wheelbase, with two rows of seats that seat five passengers. The other, simply known as Santa Fe, has a longer wheelbase, three rows of seats, and seats seven. Obviously, this broadens the range of crossovers with which the Santa Fe twins can be cross-shopped.

The updated styling continues Hyundai's "Fluidic Sculpture" theme, although perhaps with less fluid than the recent Elantra and Veloster. Attractive enough without being risky.

2012 New York Auto Show - Mercedes-Benz

Mercedes-Benz GL

The full-size GL luxo-crossover has undergone a full redesign. Expect the usual dizzying complement of creature comforts and high technology, like Crosswind Stabilization and Active Parking Assist.

Are the luxury brands in danger of running out of whiz-bang doo-dads? The only thing left may be time travel.

 Also from M-B, a styling refresh for the compact GLK crossover. 

2012 New York Auto Show - BMW

BMW X1

The new-to-us BMW X1 crossover made its American debut in New York. It has been on sale in Europe for a couple of years. BMW calls this a subcompact SAV (Sports Activity Vehicle) and it slots below the X3.

 The X1 will be available with a 4 cylinder and exclusively in the US, a 6 cylinder. Acceleration in that model should be brisk, to say the least.

2012 New York Auto Show - Nissan

Nissan Altima

Nissan debuted the new mid-size Altima sedan. It's their best-seller and has been redesigned from the ground up.

 How's it look? If you like the Maxima, you'll probably like the new Altima. Sorta. If the Maxima is Peyton Manning, then the Altima is Eli. Clearly brothers, but one just doesn't look quite as sharp, and doesn't perform as well as the other. Don't feel bad for the Altima, though. Just as Eli has more rings than his multi-MVP brother, the Altima outsells the Maxima handily.

2012 New York Auto Show - Acura

Acura RLX

Acura has caught a bad case of Lincoln-itis in recent years.  Bland product and strategy adrift. What are they? They aspire to be a premium brand, but nothing in their product line speaks to the essence of their identity. Where is the flagship? The current RL is barely adequate and painfully long in the tooth (talking about its age, not its awkward grille) when compared to the competition.

2012 New York Auto Show - Lexus

Lexus ES350

For Lexus the big story was the debut of the new ES350. This mid-sized luxury model always follows on the heels of the Toyota Camry debut because it's the Camry that provides the platform for the ES line. So we're talking about a FWD-based vehicle here, not RWD as in the rest of the Lexus sedan stable. Not necessarily a bad thing; plenty of shoppers in this segment are just looking for a quiet comfortable ride to go with the plush amenities.

 The styling is pleasant, inoffensive, with some cues from the top-of-the-line LS, and a slightly toned-down version of the new Lexus family Predator face

2012 New York Auto Show - Lincoln

Lincoln MKZ

The Lincoln brand has languished in limbo for years, offering only the ubiquitous Town Car and badly blinged, badge-engineered vehicles thinly disguised from their Ford cousins. While the Japanese brands were seizing market share, and Cadillac was reinventing itself as a bold, brash competitor against the German marques, Lincoln plodded towards extinction, seemingly just one more bad quarter away from the ax.

2012 New York Auto Show - Chevrolet

Chevrolet Impala

With apologies to Hertz and Avis, the 2014 Chevy Impala we finally take the leap from fleet car status to bonafide consumer desirability. No longer the province of county employees, the new Impala is designed in such a way that you may actually notice it on the road.

Clearly, the success of the last iteration of Malibu proved to Chevy brass that style and design actually matter, even in the family sedan market. The sleek roofline with elegantly executed chrome trim, sculpted side sheet metal and long wheelbase combine to cut a stylish, sleek silhouette.

Power will come from three engine choices: a 3.6L V-6, a new 2.5L four-cylinder and a 2.4L four-cylinder with eAssist, promising 35mpg. Expect the new Impala early in 2013.

Top 10 Luxury Cars under $40,000

top luxury cars under $40,000

In years past, luxury cars were often priced too high for the average driver to own and enjoy. But automotive manufacturers have realized that we do want luxury in our cars and if priced right, we’ll buy. This has resulted in more and more cars falling into the luxury car category but still being priced affordably at under $40,000.

Car Features That Help You Drive Your Vehicle

interior of the car

In-vehicle innovation has come a very long way. It used to be that having a DVD player or MP3-enabled sound system was considered cutting edge. This was also when heated seats and automatic sunroofs were reserved for high-end vehicles. Well, things are changing and in keeping step with the technological changes we’ve seen with the Internet and communication - similar advances have been introduced to the latest vehicles on the market.

2012 Looking Good for Vehicle Sales

Vehicle sales are looking good for 2012

To say that 2012 is looking good for the automotive industry would be an understatement. We’re only three months into the New Year but the numbers are all pointing to another great year for vehicle sales.

Thanks to affordable and cheap financing, new vehicle models with nifty and practical features, and the continued growth in consumer confidence - more and more people are  taking a visit to their car, truck, SUV, crossover and minivan dealer.

The latest numbers for 2012 suggest that this will be best year for automotive sales since 2007.

10 Most Fuel-Efficient SUVs and Crossovers

Top Ten Fuel Efficient SUV

10 Most Fuel-Efficient SUVs and Crossovers

It doesn’t look like gas prices are going to get any lower any time soon... And when you’re interested in buying an SUV or crossover vehicle, the price of gas is a big factor in your purchase decision. It is one thing to pay the monthly payments and insurance costs and when you add in the cost of gas, it can make owning a larger vehicle an affordable challenge.

2012 Top 10 Best Sedans Under $25,000

Top ten best sedans under $25,000 for 2012

The sedans on the market right now offer you the complete package: good handling, smooth design features, fuel efficiency, lots of extra features and good value for money. But it can be hard to determine which sedan is the right one for you and your family so today we’re looking at the 10 best sedans priced under $25,000.

The team of automotive experts at Kelley Blue Book have done the research, crunched the numbers and have put together a list of of the 10 Best Sedans Under $25,000. Kelley Blue Book is a leading website of automotive industry experts who provide analysis, review and feedback on the latest vehicles on the market.

Tips on Selling Your Used Vehicle

Tips on selling your new car

Typically we post blog posts here about buying a new car and the best new vehicles on the market based on awards and innovation. Today we’re going to talk about used cars and how to sell your used car. Let’s face it, many people really just feel overwhelmed by the thought of selling their used vehicle.

It can be time consuming. You have to understand pricing and how best to advertise your vehicle. You have to deal with people who aren’t really serious about buying your vehicle but take up your time anyway. Yes, selling a used vehicle can be considered to be a hassle but in today’s automotive market, selling your vehicle privately can be a very smart decision.

Using Technology to Track Gas Prices

You’ve likely heard the expression “is there an app for that”. In other words is there a nifty piece of software that you can download and install on your iPhone or android phone that will let you find new restaurants, keep tabs on the weather or track your spending. Well, good news for drivers like you, there are a number of apps available that can help you keep a close watch on the gas prices in your area.

10 Best Used and Affordable Cars

ten best used and affordable cars

We often focus on new cars and buying new cars on this blog but today we’re going to take a look at buying a used car. For many of you and for many reasons, a used car makes the most sense. Used cars often make the most practical sense when you need a second car, need a car for your teenagers or a vehicle for city driving. As well, if you make a smart buy, your used car can result in a much better purchase than buying a new car.

Total Cost of Ownership Awards

picture of a new car

When it comes to buying a new vehicle, you want and need to know how much your new car, truck, SUV or minivan is going to cost you. But many buyers don’t realize that the total cost of ownership goes beyond the price you end up paying at the dealership. The total cost of ownership of a vehicle includes costs such as: depreciation, projected fuel costs, financing and insurance fees, yearly maintenance and repair fees, and state-associated fees for new vehicles and models.

Kelley Blue Book's Top 10 Family Cars

Having kids and a family means you’re on the go. You’ve got to drop the kids off at school, pick the kids up at the end of the school day, take the kids to music, dance, and sports lessons and then there are the trips to the mall or out to dinner. And all of this family activity is dependent on having a reliable vehicle. A vehicle that can fit your family, the gear you need to bring, and one that gives you the confidence and comfort in knowing you and your family are safe and well-protected.

Popular Mechanic’s Announces Auto Excellence Awards

car coming towards you

The automotive awards season continues and today we’re looking at the awards announced and handed out by the team of experts at Popular Mechanics. Whether you’re a car aficionado or not, you’ve more than likely heard of this venerable automotive magazine.

10 Pieces of Advice To Consider When Buying a New Vehicle

dollar image

Buying a new vehicle should be a smooth and simple process. The more you know before you visit the dealership and the more you’re prepared to ask - the better your new vehicle buying experience will be. We’ve put together a list of 10 pieces of advice that will help you with your new vehicle buying experience.Know the dealer price

The dealer price as listed on the dealer invoice is different from the manufacturer’s suggested retail price (MSRP). You have the right to ask about the dealer invoice. Some sales people might be hesitant to provide you with this, so be prepared and do your online research before arriving at the dealership.

2012 SUV Best Buy and Recommended Awards

Top 2012 Trucks and SUV Awards

Earlier in the week we focused on the cars that made the cut for the 2012 Best Buy and Recommended Awards as determined by Consumer Guide Automotive. Today as promised, we’ll look at the 2012 minivans, pickup trucks, sport utility vehicles that earned Best Buy Awards.

As a consumer, these awards are very useful in helping you with your vehicle research. As you know, the more research the better when it comes to buying a new vehicle and with the insights that awards such as these from Consumer Guide Automotive provide, you can learn what automotive insiders consider to be the key strengths of the 2012 vehicle line-up.

Taking A Look At The 2012 Best Buy Awards

2012 Automovile Best Buy

It is awards season for the automotive industry and in today’s blog post we’ll take a look at the recent awards handed out by the Consumer Guide Automotive. Some of you might wonder about the impact of these awards on the automotive industry - well these types of awards are a great way to track the pros and cons as well as highlights for the year in automotive. While there are a lot of different awards given out, it is the criteria used to rank and rate vehicles that is super useful for you when it comes to making buying decisions.

A Closer Look at the 2012 North American Car of the Year Awards

2012 North American Car of the Year

Earlier this week we wrote about the winners of the 2012 North American Car and Truck of the Year Awards. Today we thought it would be useful to take a closer look at these awards and the other contenders in the car of the year category.

To quickly recap:

2012 North American Car and Truck of the Year Awards

2012 North American Car and Truck of the Year

A jury of 50 automotive journalists from Canada and the United States chose the winners of the North American Car and Truck of the Year Awards recently. These prestigious awards were announced at the North American International Auto Show.

The Hyundai Elantra won the 2012 North American Car of the Year Award.

The Land Rover Range Rover Evoque won the 2012 North American Truck of the Year Award.

Early Look at 2013 Vehicles from the Chicago Auto Show

While the Chicago Auto Show doesn’t officially start until Feb. 10, automakers have given industry insiders and select media a look at their new featured vehicles for 2013. As things are looking right now, the 2013 line-up of vehicles is all about pushing boundaries and ensuring you are as comfortable as possible wherever you are going.

Automotive Sales Numbers Are Encouraging

automotive sales numbers are encouraging

Wednesday was a big day for the auto industry - it was numbers day. On February 1, the major automakers released their sales numbers for 2011, their profit numbers, January sales numbers for 2012, and their predictions for 2012 overall.

A search of the Internet will reveal multiple articles that detail the sales numbers for each and every automaker. Yes, the numbers are important but for this blog post, we’ll focus on the big three U.S. automakers and try not to get to wrapped up in percentages.

Coming Soon: Legislated Zero-Emissions Vehicles

zero emission vehicle legislation

The state of California has always been ahead of the curve when it comes to environmental policy and green energy - and now it is bringing this forward-thinking to the vehicles we drive.

As California’s state air-quality registrar, the California Air Resources Board (CARB) has recently approved a range of strict and tough laws that will have a definite impact on your driving habits and on what you drive. These new laws, announced a few days ago require that by 2025 there be an additional 1.4 million electric, plug-in, and fuel cell cars on the road.

Health and Wellness in your Car

Can you be healthy in your car

We all spend a lot of time in our vehicles. Driving to and from the office, dropping off and picking up the kids from school and their activities, running errands around town, traveling during vacations, and of course all the time spent stuck in traffic. This adds up to a lot of time being spent in one smallish space and translates into having less time to take care of some of the important realities of life.

Top 10 All New Vehicles for 2012

top ten new vehicle 2012

It looks like 2012 is going to be a great year for those of you looking for a new vehicle. The automotive industry is on a resurgence and with President Obama stating that “with a million jobs at stake, I refuse to let the auto industry die" - things are looking encouraging. Detroit’s Big Three automakers are on the upswing thanks to an $85 billion federal buyout that now sees General Motors as the world’s number one automaker and with Chrysler and Ford putting money into new factories and plants. All this speaks to good things for anyone looking for a new vehicle or for those simply involved in the American auto industry.

Get The Best Fuel Economy Possible

We all want more from our vehicles. This includes better fuel economy, reliable acceleration and braking power, and features that keep us warm and safe. But the one thing we all really want is improved fuel economy. The further you can drive on a tank of gas really does translate into more money in your pocket and frankly more positive feelings about your vehicle.

Top 10 Cars from the Detroit Auto Show

2012 Top Ten Cars From the Detroit Auto Show

Well, the excitement is starting settle down after a busy week at the Detroit Auto Show. The week at the car show highlights that there really is something out there for every type of driver and buyer. From stylish concept cars, to family sedans and fast-moving sports car - there is a new car waiting for you.

Announcing the Best Cars for the Money Awards in 2012

best car for the money in 2012

We all want to get a deal. The trick with getting a deal on a new car, truck or SUV is ensuring that you’re still getting the best value you can for the money you’re spending. Sometimes a good deal doesn’t necessarily translate into the best use of your hard-earned cash.

This week, U.S. News Best Cars, released results of its study and analysis of the value data associated with 2012 cars. The goal of this study is to help you determine the best way to spend your money in the new car market. U.S. News Best Cars is part of U.S. News & World Report and is a well-respected and trusted car advice website and provider.

Could 2012 Be The Year of Hybrid and Electric Vehicles?

When hybrid and electric vehicles (EVs) were first released, many folks believed that these cars really wouldn’t make a dent in the automotive industry. Well, the times have changed and this week we’ll be seeing a range of new hybrid and EVs previewed at the Detroit Auto Show.

What was once considered a niche market and only appropriate for smaller cars, we’re now seeing more and more family-sized sedans and SUVs launched as either hybrid or EV. This week at the Detroit Auto Show, a number of manufacturers are making some big steps in development and production with this vehicle type.

Here are some highlights from this week’s auto show:

Volvo XC60 Plug-In Hybrid

New Auto Buying Predictions for 2012

It is the time of the year when folks are making plans, setting goals, making changes and planning ahead. This is also the time of the year when we like to make predictions about what the year ahead just might hold. When it comes to auto sales and consumer buying habits, all signs are pointing towards a strong year of auto sales for 2012.

Building on the growth we’ve seen for the past two years, the trend in increased and growing auto sales numbers is expected to continue. The final numbers for 2011 are still being finalized but according to Edmunds.com, 2011 hit a three-year high with 12.8 million vehicles sold. This is continued growth from the sales numbers of 11.6 million in 2010.

Five Great Car Deals for New Year's Day

It doesn’t really matter what we’re shopping for, we all like to get a good deal. When researching a new car, along with features, warranties, make and model - the price is a critical factor in making a final decision. With this in mind, the team of experts at Kelley Blue Book have put together a list of the top five great car deals.

This list of cars includes luxury cars, a hybrid and sedans:

2012 Acura TSX

Lease for $299/month with $1,999 due at signing (last verified end date 1/03/12)

Impacts of Saab Bankruptcy on Owners

In amongst the last-minute Christmas shopping and preparing for the holiday festivities, we received some sad news in the automotive industry. We’re sure you’ve heard by now, but last week Swedish Automobile AB, filed for bankruptcy in a Swedish court.

 

This announcement by the parent owner of Saab came after General Motors Co. refused to allow a bailout sale to two Chinese companies. For Saab who has not been able to pay any bills since March or its employees since August, this is a tough way to go out.

 

The big questions out there about this announcement include:

 

Lessons From Hyundai

In a recent blog post we gave you a couple of tips to help you out when visiting a dealership. In this blog post we also stressed the importance of doing your research. The more research, knowledge, price quotes and information you have - the better your vehicle buying experience will be. But the question is, which research can you or do you trust?

Trust Is Key When Buying A New Vehicle

happy salesman with keys

It can be hard to know who to trust when it comes to researching and buying your next vehicle. It seems that whomever you talk to, you’ll hear a story of a shady car salesperson or a stressful visit to the car dealership. But the thing is, with proper research and knowledge, you can make your next car purchase a pleasant and relaxing experience.

December Is The Month To Save

Everyone wants a deal, and as it turns out - December is one of the best months to find a deal on your next vehicle purchase. A new study predicts that there are seven key days this month on which you could get a great deal on your new car, truck or SUV.

10 Coolest Cars Under $18,000

If you ask a teen driver or new driver what kind of first car they want, they likely will answer with something along the lines of “it has to be cool”. A cool car - who doesn’t want a cool car? Problem is that typically a cool car comes with a hefty price tag. Well, just in time for the holiday season and for the best month to buy a car, we’ve got a list of the 10 coolest cars available for under $18,000.

Buying Based on Need or Want?

When you’re researching your next car purchase, are you doing your research based on need or want? In an ideal world it would be nice to have the best of both need and want or if you’re really lucky, completely based on need. But chances are you’re likely doing the bulk of your vehicle buying research based on need.

According to a recent AutoTrader.com Shopper Frame of Mind Study of 1, 500 recent vehicle purchasers, 71% based their decisions on need rather than want. These need to buy impulses are often triggered by previous vehicle experiences such as:

It’s My Way or the SmartWay

Everybody is making the “green” claim these days, and it’s hard to know who’s for real and who’s merely using the environment as a marketing tool without taking the steps to back up the claim. There are agencies that can proclaim things certified organic, but how do you know if one car is really and “greener” than the next?

Luckily, the EPA has come up with a system to designate “good environmental performers” called SmartWay. The agency measures each vehicle’s air pollution and greenhouse gas emissions and gives it a score. Those that score the best -- about the top 20 percent -- are awarded the SmartWay designation. The “best of the best” are given extra credit and named SmartWay Elite vehicles.

Mom’s Taxi Is Now Dad’s SUV

The image of Mom in the minivan may be a thing of the past. In a recent survey, more than 70 percent of fathers drive their kids to and from school, preschool, and extracurricular activities. And nearly 60 percent use an SUV or CUV to get the job done.

The survey was commissioned by Chevrolet, and it found that dads rate their family vehicle a 6.4 out of 10 -- probably because they’re not driving minivans. Fewer than 25 percent of dads admitted to doing the chauffeuring in a sliding-door mom-mobile. But like moms, dads’ first concern is with safety, not looks. Design isn’t even their second concern -- that position belongs to fuel economy.

BMW Is 2011’s Most Sustainable Auto Manufacturer

Surprise! BMW was named the most sustainable auto manufacturer for 2011 by the SAM Group for the Dow Jones Sustainability Indexes. Except that it isn’t really a surprise: BMW has earned top sustainability honors for the past seven years. The maker of the luxurious six-figure 7-series and the cheap and cute Mini is also the only auto maker to be listed on the DJSI every year since the indexes were created in 1999.

American Automakers Slipping in Customer Satisfaction

It’s been a tough couple of years for everyone -- especially American automakers. The economy collapsed, two out of the Big Three received government bailouts, and gas prices have gone nowhere but up. And now they’ve got a new problem on their hands: customer satisfaction with American-made automobiles and light vehicles is dropping.

When you look at the numbers, it doesn’t seem so bad, really. It’s only a percentage point or two in most cases. But with many Asian-made vehicles gaining in customer satisfaction, Ford, Chrysler, and GM can’t afford to let buyers slip away a percentage point at a time.

Here are the auto makers who suffered a drop in 2011:

Can Expert Car Reviews Be Trusted???

Before I give you my full answer, let me provide you some context…

One of my colleagues here at AutoBuying101.com shared an interesting article that got a little attention in the automotive journalist community last month.  The following article suggests how editorial critic car reviews are biased due to numerous circumstances: http://www.ajr.org/Article.asp?id=5141

Ford Focus Electric Coming to an Outlet Near You

People may be surprised to learn that the new 2012 Ford Focus Electric was part of Ford’s plan all along. Well, maybe not the Focus in particular, but Ford has had all-electric battery-powered vehicles in development for years. What better way to introduce a zero-emissions passenger vehicle than to put the new technology in a familiar and already eco-friendly form?

Let’s get the technical stuff out of the way: it’s a five-door hatchback Focus with a 123-hp electric motor powered by lithium ion batteries. It needs a 240-volt outlet to charge in 3-4 hours, and it has a top speed of 84 mph.

Shoppers Want Higher MPGs, not Higher MSRPs

It’s not much of a surprise that poll numbers supported the recent federal government decision to raise CAFE (that stands for Corporate Average Fuel Economy) standards to 54.5 mpg by 2025. Given the fact that fuel prices are only going to creep ever upward -- not to mention the environmental costs of getting the gas from the ground to the pump -- drivers are realizing the benefits of high-mileage vehicles. It helps, too, that technology is improving, with hybrid systems, valve shutoff systems, direct injection, and clean diesels that all deliver a fun driving experience with better fuel economy.

2011’s Top Ten Green Cars Offer More Choice Than Ever

If you were in the market for a green car ten years ago, your choices were few and far between. The Toyota Prius and Ford Escape Hybrid were newly available -- and rarer than hens’ teeth. Now it seems like every third driveway has a hybrid in it, and all-electric cars are moving from hobbyists’ garages to the mainstream vehicle marketplace.

When Kelley Blue Book, a well-known authority on vehicle prices and buying trends, published its annual list of the Top Ten Green Cars for 2011, it had lots of eco-friendlier cars to choose from, and they’re not all limited to that one special dealership in Los Angeles. You can find most of these cars most anywhere.

J.D. Power & Associates 2011 Initial Quality Study Results

According to JD Power and Associates, despite modest improvement in initial quality on both newly developed models and new version of existing models over the last 5 years, the trend has not continued and initial quality for newly developed models for 2011 is down, as is reported in the organization’s newest study.

The Initial Quality Study, conducted by JD Power for the last 25 years, is a survey of recent buyers and lessees of 2011 models.  Owners are contacted after 90 days with the cars and are given a 228-question survey designed to provide the manufacturers with information to “facilitate identifying problems and drive product improvement.”

2011 Toyota Prius: Soup It Up With The Plus Performance Package

The Toyota Prius has topped the EPA’s list of best fuel economy for a decade and earned millions of devoted owners since its introduction. But what the Prius has in miles per gallon, it sorely lacks in miles per hour. So much so that it’s the butt of a joke in the summer movie Horrible Bosses:

"I was drag racing."

"In a Prius?"

"I don't win a lot."

Sirius XM Adding to Pre-Owned Enticements When You Buy From A GM Dealer

GM Dealers (Chevrolet, Buick, and GMC brands) looking to move more used cars in 2011 have a little more ammo in their bag of tricks, thanks to Sirius XM Satellite Radio.  According to a recent press release, the company is now offering a free three month subscription to the company’s service with the purchase of a pre-owned vehicle that has a factory installed receiver, regardless of make/model.  The only caveat is that the vehicle be purchased at one of more than 1,000 participating GM dealerships across the US.

GM will continue to provide the same three month subscription to buyers of new and certified pre-owned GM vehicles, but this new offer allows budget-conscious and bargain shoppers the opportunity to experience Sirius XM, as well.

What Cars Are Really “American”?

Anytime I hear someone exclaim loudly, “I only buy American” when asked about his car preference, I have to laugh.  Apparently nobody told him about what really is “American” these days.

In fact, do you know what counts as American these days?

I’ll tell you what the auto industry thinks: regardless of where the company headquarters itself, regardless of where the lineage of the car points to and regardless of which nation claims the manufacturer as their own, a car’s primary nationality is truly about where the car is assembled.

Find Cheap Gas For Your Labor Day Road Trip

It was true in 1960, when Smokey Robinson and the Miracles sang it, and it’s true today: You better shop around. Luckily, when it comes to shaving a few cents off the price of a fill-up, it’s far easier to find a good deal now than it was fifty years ago.

With the Labor Day Holiday weekend upon us, we evaluated a number of gas price websites and mobile applications, to see what solution provides the best coverage and most reliable data, and from our point of view GasBuddy.com is the best.

AutoBuying101.com Names the 2011 Top 10 Autos For Football Tailgating

"Back To Football"...If you are a football fanatic, you know exactly what this quote means...after the offseason soap opera of the NFL Lockout, fans across the country were thrilled to see everything put to bed with the owners and players getting back to focusing on what millions of Americans love....football.  Between the upcoming professional and college seasons, for the next 5 months, millions of fans, every weekend, will load up their beloved car, truck, SUV, or hybrid and head out to a fun filled day of tailgating.  Yes, other sports may get the occasional tailgating group, but football, more than any other sport, brings out the tailgaters.  And thus, our vehicles play a critical role in our game day experience.

Study Finds Mercedes Benz Tops List For Best Dealership Experience

It’s probably not too surprising to most car shoppers that dealerships selling luxury car brands treat their customers the best, with Mercedes-Benz topping the list for 2011. Pied Piper PSI, a company that monitors consumer satisfaction for the automotive industry, sent more than 3500 mystery shoppers to dealerships across the United States to measure how well people shopping for vehicles were treated by each brand’s staff.

The top five dealerships in the study were:

Nadaguides Best Cars Buys For 2011

NADAguides.com, one of leading vehicle pricing and information sites, released its list of Best Car Buys for 2011, with Honda dominating the list with 5 models while Kia, Toyota and Chevrolet had 3 models across multiple categories.

The list, which was created based on value, efficiency, consumer piece of mind, and safety ratings cover a variety of vehicle types including Vans, Wagons, Sedans, Luxury, Coupes, Sports, SUVs, Trucks, and Hybrids.

Chevy's Cruze-ing To The Top

The new 2011 Chevy Cruze compact car has done the near impossible this summer -- it became the highest-selling passenger car in the United States, beating out its rivals and longtime best-sellers the Toyota Camry and Honda Civic.

This is the first time an American company has hit this milestone in years, and Paul Eisenstein on MSNBC.com points out that events beyond GM’s control have helped the Cruze. The tsunami that devastated so much of Japan and its manufacturing network earlier this spring has slowed the rate at which the Camry and Civic are being built. The Chevy Cruze is happy to step into that void.

GMC Adds Free Maintenance Program to Certified Pre Owned Vehicle Sales

In further news designed to make the used car market even more attractive to current car buyers, GM announced a new program for buyers of GM Certified Pre-Owned (CPO) vehicles.  The new program, called GM Owner Care, will provide buyers of these CPO vehicles with two years of free maintenance.  The arrangement provides a two-year/30,000 mile maintenance program that covers oil changes, tire rotations and multi-point vehicle inspections at no additional charge.

AutoBuying101.com Names the 2011 Top 10 Most Useful Tools for New Car Buyers

Every month, on average, approximately 1,000,000 consumers head out to a local dealer and purchase a new car.  As we hope you find here at AutoBuying101.com, our goal is to help simplify that process and help buyers get the best deal by navigating through all of the marketing, information, stress, and pressures that come along with finding your next new vehicle.

Industry Veteran and Expert Joni Gray Joins AutoBuying101.com Team

Throughout my own career in the automotive industry, I have been fortunate to work and gain an understanding on numerous aspects of auto shopping and buying through my work with companies related to auto finance, automotive values, dealer sales, inventory, government motor vehicle agencies, and consumer automotive resources.  To really understand the complexities of the auto buying process you need perspective from a number of different angles, and very few people have worked with different types of companies in the auto industry.

Edmunds.com's 2011 Used Car Best Bets

2009 Mazda Miata

We’ve been talking a lot about used cars, lately.

The reason is simple:  there are some really great deals to be gotten if you know what to look for and how to spot them.  Our friends at Edmunds have put together their annual Edmunds Used Car Best Bets, which is a great list that will help you in that search. 

The Most Fuel Efficient Gasoline Powered Cars

I recently test-drove the Chevy Cruze Eco, which GM is touting as “the most fuel-efficient gasoline-powered vehicle in America.” The EPA does rate the Cruze Eco  at 42 mpg on the highway when it’s equipped with the 6-speed manual transmission; the automatic 6-speed gets 37 mpg at its best. My mostly city driving in the automatic test car averaged just under 30 mpg.

Our 2011 Auto Buying Experience Study Reveals the Best & Worst Aspects of Auto Buying

4,000,000 buyers every month.  On average, every month, approximately 1,000,000 new and 3,000,000 used autos are sold in the United States.  Americans have had a love affair with cars since the first ones were produced over 100 years ago.  They not only are essential to our everyday lives, and the efficient operation of our economy, but they are an expression of our personality, and often times just plain fun to drive.

2011 Top Safety Picks By The IIHS

Insurance Institute For Highway Safety

Their name is a little hard to remember, but if you are in the market for a new or used auto, you definitely do not want to forget who the IIHS is.  Formed over 50 years ago, the mission of the Insurance Institute For Highway Safety (IIHS) is to help reduce deaths, injuries, and property damage. 

MINI Gets Even More Mini -- and Manly

2012 Mini Cooper

Anyone who thought the Mini Cooper that’s been on the market for the past decade was just too spacious is in luck. BMW, Mini’s parent company, is introducing the 2012 Mini Coupe, with only two seats and a sporty rear roofline.

The Mini Coupe will come in three variants in the US, which basically break down as fast, faster, and fastest:

- Fast: the base model Mini Cooper Coupe has a 1.6-liter 4-cylinder engine and a top speed of 127 mph.

- Faster: the Mini Cooper S Coupe has the same engine, but with a turbocharger added for a top speed of 142 mph.

TrueCar Releases TrueTrends Report for June

TrueCar

TrueCar.com recently put out its TrueTrends Auto Industry Intelligence report for the month of June and the information, once again, paints a great picture for consumers in the market to buy a new car. 

The manufacturers are continuing to put solid incentives and rebates out, hoping to entice consumers off of the sidelines.  And with June the kickoff of the bread and butter months for car dealers, they are willing to bend a bit to sell a car or two.

So what is TrueCar telling us and how can it help you get a new car?

Ciao! Fiat Returns To America

2012 Fiat 500

The resurgence of micro-compact cars in the US has brought about some outstanding benefits for consumers and car fanatics alike.

For consumers, great looking cars that get great gas mileage and are much easier on the wallet are the primary boon.

For car lovers though, innovation and product has been the prize.

AutoBuying101.com Begins Video Tips and Creates New YouTube Channel

AutoBuying101.com Now On YouTube

The entire AutoBuying101.com team is excited to announce the addition of our own videos on YouTube, where you can find us at www.youtube.com/autobuying101

Along with adding our new vides to YouTube, we will be posting them right here on the Auto Buying Insider Blog and in other areas of our site.

Fuel-Efficient Used Car Prices Dropping for Summer

Kelley Blue Book

You read that right: the prices of fuel-efficient compact, subcompact, and hybrid cars are actually dropping this summer after 20 weeks of consecutive gains, Kelley Blue Book reports [kbb.com].The drop in fuel-efficient car values coincides with a drop in gas prices, of course. Gasoline hit a peak in May when the national average was $3.98. Gas prices have dropped every week in June, with a national average on June 20 of $3.65 [EIA.gov]

TrueCar Adds Black Book Values to ClearBook.com Used Car Site

ClearBook partners with Black Book

The hardest part about trading in your pre-owned car, is knowing if you are getting a fair value for the car.  There are a number of resources, in print and online that can show you what the presumed value is and you can hope that you are making a good deal.

One of the best is Black Book.  No nonsense and completely independent, Black Book offers accurate and up to date pricing based not only on the condition of the car, but of other external markers that shape both the market and the industry.

Hyundai Ups the Ante in the Sales Race with Guaranteed Trade In Prices

Hyundai

Hyundai really, really wants you to buy their cars.  And furthermore, they want you to know that all of that talk that begins with “of course they have the best warranty in the business, they have the worst cars,” is just simply not true.

Auto Insights: 2012 Chevrolet Camaro Convertible

2012 Chevrolet Camaro Convertible

Sometimes you have a pretty good idea what you want out of a car.  Sometimes you need a little help.  AutoBuying101 is in business to help you make those decisions.  But unlike other automotive websites, we aren’t going to do some super, high-tech, fancy review of the latest cars.  Nope.  If we did, we would probably sound kinda silly and – at the same time – not help you with what it is you REALLY want.  And what you really want is some good reasons to buy – or not to buy – a car, from car people who think like you do:  more with your wallet and brain and

VW Launches 21st Century Beetle Pre-Order Program Using Amazon Technology

Volkswagen is launching its new online pre-order program with an exclusive 2012 VW Beetle Black Turbo. Only 600 of these Beetles will be built, and they are only available via pre-order at www.VW.com/preorder. A reservation fee of $495 is required to hold your place in line, but VW has instituted a “no hassle” refund policy if you decide not to take delivery of the car.

Intellichoice’s Best Overall Values of 2011

As you may have noticed, we have an ongoing theme that relates to helping you find great autos and being able to buy them without breaking the bank.  We will often steer you to great websites that can help you make those decisions or provide you with tips and information to do it yourself.

NADAguides Names Most in Demand Yet Hardest to Find Vehicles

As is the case in any industry, the law of supply and demand is a huge driver in the automotive market.  The ability to keep popular models flowing into dealership inventory is the key to success at both the dealership and manufacturer level.

NADAguides, one of the most trusted names in automotive analysis, recently released its Most in Demand Vehicles Report.  The report is a comprehensive list of the hardest to find models as well as alternative choices for shoppers willing to go beyond their original ideas.

ALG's 2011 Residual Value Award Winners

One of the most complex concepts consumers will encounter when trying to decide if buying or leasing is the best option for them, is “residual.”

What is residual value?

This number is the projected market value of a vehicle at a given point in time in the future.

So, when it comes to leasing, the residual value is used to help calculate how much a vehicle will depreciate (lose value) during the lease period…and thus how much the consumer should pay every month to lease the vehicle now.

Forbes Magazine Names the Auto Brands that Americans Think Are Best

In an article recently published by Forbes Magazine, the publishers identify the automotive brands that Americans think are the best.  This is not a list made up of the best selling cars in America, as that would be populated by Chevrolets, Toyotas and Fords.

2011 Kelley Blue Book Brand Image Award Winners Announced

In a world where image really is everything, consumer opinion can make or break a brand.  Recognizing that, Kelley Blue Book – a longtime industry leader in automotive research and information – has just released its annual Brand Image Awards for 2011.  The awards, which are based on detailed data from KBB Market Intelligence’s Brand Watch study and are derived from an online study of more than 12,000 in market auto shoppers, recognize the best of the best in 10 categories.  These different categories leave no market uncovered.

New Auto Buying & Selling Resource: InspectMyRide.com

If you are in the market for a used auto to buy, or if you are thinking about selling your auto, having the vehicle inspected can be a critical step to ensure a smooth and fair transaction.

So, it’s great to see a new nationwide service launch that specializes in providing an independent, reliable, inspection of a vehicle.

TrueCar Releases TrueTrends Report for May

Our friends at TrueCar.com recently released the May TrueTrends report, their monthly car buying industry trend report and, as it is jam packed with some fantastic information for new auto buyers, we thought we’d break down some of the more interesting tidbits for you.

According to TrueCar:

Chevrolet Offers Tips To Save You Up To $100 On Gas

With Memorial Day weekend the unofficial kick off to the summer travel season, our friends at Chevrolet have released a study that examined gas usage by two people driving identical cars.  The study is designed to show consumers how to raise fuel economy and create astonishing savings.

AutoTrader Study: Actual Photos Of A Auto Help Increase Interest And Sales

If a picture is worth a thousand words, what does that translate to in the world of buying and selling autos?  According to AutoTrader, it is worth more auto sales to dealers, which can translate nicely into cold, hard cash.

Ready to Buy Your Next Auto? Right Now, New Is A Better Deal.

With all of the issues hitting the auto buying industry – high gas prices, recall issues, wounded economy, part shortages – the ability to cut a good deal still exists.  But don’t be fooled into thinking that there are no major differences when comparing new vs. used auto options. 

Nope, the used auto market has never been more solid…for the seller.

According to used auto trend watcher RVI Group and their Used Car Price Index, used auto values shot up an astonishing 16% in a year-over-year comparison.  What is causing this?

EPA & NHTSA launch New Fuel Window Stickers and Information

The Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) are teaming to revamp the fuel economy section of the gas mileage window sticker that graces every new vehicle for sale in the US.  The EPA has announced that the new design will be required for every 2013 model year vehicle.

The new sticker designs can be reviewed at the EPA FuelEconomy.gov website and feature considerably more information for consumers to make decisions about the best car for them. 

Fighting Pump Inflation: What Autos Have A High MPG?

Unless you haven’t been paying attention (or perhaps have been in jail or something), you are fully aware that gas has surpassed the $4 per gallon mark in the US.  In Los Angeles, many gas stations are showing prices at or above $5 per gallon.  Amazing really, considering a year ago gas was hovering below the $3 per gallon mark and showed no real signs of upward mobility.

$4+ Gas Prices, Limited Inventory, Recovering Economy….Is Now a Good Time to Buy a New or Used Auto?

Is Now A Good Time to Buy?

According to AAA, the average national gas price today hit $4.36 a gallon.  With hard working folks still getting back on their feet after the economic impacts of the past few years this is not welcome news for anybody in the US.  The rise in gas prices can mean a direct increase in your monthly expenses, including everything from your weekly fill-up at the gas station to the cost of your groceries (which increase in price due to higher transportation costs).

J.D. Power & Associates 2011 Vehicle Dependability Study

J.D. Power & Associates

You would think that after all Toyota went through with their “memorable for all the wrong reasons” 2010, the brand would have taken a hit in the many surveys and studies that are taken on the topic of dependability.

Critical Auto Buying Mistake: Only 44% of New Buyers Plan To Get Pre-Approved

According to a recent study conducted by the folks at Kelley Blue Book, only 44% of prospective new car buyers plan to get pre-approved for a loan before buying.  While that isn’t overly surprising, it remains a critical mistake…one that can cost the consumer a great deal of money and time.

Helpful Resources For Useful Dealer Reviews

One of the toughest choices you have when you are shopping around for a new or used auto, is what dealers to consider, and which too visit.   Everyone wants to buy from a trustworthy dealer, and rest assured THEY ARE OUT THERE!

As we recommend throughout AutoBuying101.com, the process starts with contacting dealers from the comfort of your home/office, using tools like we have on our site, email, and phone.

Use Of "Chat" Tools By Auto Dealers On The Rise

Earlier this week, AutoTrader.com announced how they recently selected one of the most popular auto industry "chat" providers, Contact At Once as their partner to integrate chat functionality on AutoTrader.com, so on certain vehicles you can instantly chat with the selling dealer.  You can read the full press release here >>.  What's great about this for consume

Car & Driver 10Best Cars for 2011

Car and Driver, one of the leading automotive publications dedicated to enthusiasts and auto reviews, recently announced their 10Best Cars for 2011.  The full coverage of their 10Best selections can be found in the January magazine edition and on their website, CarandDriver.com.

Kiplinger Personal Finance Announces Their 2011 Best Values

Kiplinger Personal Finance recently launched their 2011 Car Buying Guide on their website, and published their "Top Picks" recommendations in the March 2011 magazine issue available now.  Kiplinger's categorized autos in 11 categories and ranked them by price, performance, safety, roominess, and driving impressions.   You can see their full research functionality on the Kiplinger website.

Consumer Reports Announces 2011 Top 10 Picks In Primary Categories

When it comes to measuring long term reliability and value, Consumers Union (the publisher of Consumer Reports Magazine) is one of the most respected sources in the industry. So for consumers, it's always helpful to see their ratings on new autos, as you should definitely consider their Top Picks as solid recommendations.

Kelley Blue Book Announces the 2011 Best Resale Value Award Winners

As you evaluate different makes and models during your auto buying research process, one of the helpful factors involved in your decision should be the evaluation of a auto's resale value.  This can help ensure you get the most for your money, and if you ever decide to sell or trade-in your auto, that you get a good return for your next purchase.

Chevrolet Volt & Ford Explorer win 2011 North American Car and Truck of the Year

2011 Chevrolet Volt

The Chevrolet Volt took top honors as the 2011 North American Car of the Year, while the 2011 Ford Explorer won the award for the 2011 North American Truck of the Year.  The awards were announced at a news conference at the North American International Auto Show held in Detroit, Michigan.   The awards are considered some of the most prestigious in the industry as the winners are chosen by a panel of 49 automotive journalists. 

The results in each category were:

2011 Car of the Year:

2011 Chevrolet Volt = 233 points

TrueCar Launches Best Local Price Tool to Help Find Good Deals

A great new tool launched today from one of the top sites for new auto pricing, TrueCar.com. As we outline in other areas of our site on auto prices , TrueCar.com specializes in developing current market based pricing reports on new vehicles showing what other buyers actually paid for their vehicle.

J.D. Power and Compete Report: Nearly 80% of Online Vehicle Buyers Visit a 3rd Party Web Site

According to a new report released by J.D.Power & Associates and Compete, Inc.: 77% of new vehicle buyers go online to do research in the 6 months prior to their purchase, and of that 77%, nearly 80% visit a third party website.

 

Chevy Volt Starts Selling at $33,500 Net Cost with Federal Tax Credit

Today, GM has announced official pricing for the new 2011 Chevy Volt vehicle. The vehicle will be priced at $41,000. In addition, the vehicle will qualify for up to $7,500 in federal tax credits, which basically takes the net cost down to $33,500. A fully loaded version of the Volt will run you $44,600 before the tax credit, $37,100 with the tax credit. Keep in mind you also will have to pay your state tax, title, and registration fees at the time of purchase.

Kelley Blue Book Launches New Tools for Private Party Sellers

The folks over at Kelley Blue Book just launched some helpful new tools to help those individuals looking to sell their vehicle.

Specifically the KBB tool includes:

- Customizable and Printable "For Sale" Window Sticker

- Digital Window Sticker with a link you can use to promote your for sale vehicle

- The KBB Private Party Value via KBB's LiveValue system

If you are a sub prime buyer looking for a GM vehicle, you may be out of luck.

Recent news came out last week that GM was looking to develop more relationships with national lenders to help facilitate auto loans for their dealers. A few years ago GM sold it's interest in GMAC, which acted as it's primary lending source to consumers for new and used GM vehicles.

 

Why You Should Take a Look at Toyota's March 2010 Incentives

With all of the problems and negative press Toyota has received over the past few months, it's easy to understand why you might have eliminated Toyota vehicles off your list. But, it's important to remember that all manufacturers have problems with their vehicles at some point in time. Although Toyota should have definitely done a better job handling and fixing the acceleration and braking issues found in some models, their vehicles are still competitive on numerous factors such as styling, gas mileage, and price.

Taking the Short Road to Your New Purchase

Sometimes, you can overcomplicate things if you take in to much information. Too much advice. Too much research. Too many websites. So, this week, we are focusing on the most critical pieces of advice associated with your new auto purchase. If you do nothing else when it comes to buying your new or used auto, make sure you do these things:

1) Review your finances and set your budget: Purchasing a new or used vehicle should be exciting and fun, but keep in mind your financial situation and target vehicles that fit your budget.

Blog Launch

Well, it took a while, but I am happy to announce the launch of the AutoBuying101.com Blog. This blog will be dedicated to helping provide consumers expert insight and information on how to leverage tools and resources to purchase the right vehicle. Stay tuned for many more updates as we track the latest news associated with the auto industry, specific vehicle types and brands, incentives, and the auto buying process.

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