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Archive for June, 2011

Gas prices continue to drop before July 4 weekend

Thursday, June 30th, 2011

The Fourth of July is often one of the most travel-heavy holidays of the year, and it looks like gas prices are dropping just in time. USA Today reports that price of a gallon of gas continues its steady drop from early May, when it hovered around four dollars.

According to the AAA Daily Fuel Gauge Report, the current average price of a gallon of regular gas is around $3.54, and while it is still significantly more than the average $2.75 fuel was about a year ago, it marks a drastic improvement over recent months.

The drop comes just in the nick of time as well, as many families gear up to hit the road for the upcoming holiday weekend. The news source reports that about 3 in 10 Americans plan on taking a road trip for Independence Day, and that about 70 percent plan on taking a road trip at some point this summer.

Motorists who are planning on taking a lengthy road trip this summer should take several things into consideration, but perhaps most importantly they should fill up on all necessary fluids, windshield wiper fluid and fresh oil especially. 

Chevy Camaro makes third appearance in ‘Transformers’ franchise

Wednesday, June 29th, 2011

When "Transformers: Dark of the Moon" hit theaters on June 28, moviegoers were not going just to catch a glimpse of the actors. Like the previous two films in the series, the Chevrolet Camaro was featured prominently, much to the delight of the popular manufacturer.

"Its role in the films helped make the Camaro the best-selling sports car in America, and one of the best-known cars of any kind around the world," Rick Scheidt, Chevrolet's vice president of marketing, told USA Today.

A yellow and black Camaro has portrayed the character of Bumblebee in each of the movies, and according to the news source, the company recently unveiled a special edition coupe in recognition of the film. In addition to looking like the car from the movie, the update model includes a number of impressive features.

In addition to sitting on 20-inch wheels, the car is outfitted with a black leather interior that is highlighted by yellow stitching everywhere from the center console to the armrests to the seats. Transformers logos also make an appearance throughout the vehicle as well.

Financing tips for first time buyers

Wednesday, June 29th, 2011

Between purchasing, financing, registering, insuring and maintaining an automobile, it's no secret that buying a new or used car can be an costly experience. This can be especially true for first-time buyers who may be inexperienced in such financial dealings. However, this does not have to always be the case. There are several ways individuals can reduce the expenses of owning a car, and according to The MetroWest Daily News, it is not that difficult to do – all it takes is some dedication.

Of course, the most obvious initial cost is purchasing the car, but this can certainly be mitigated by doing plenty of research. Experts say that looking into what your needs are and which car, whether it be new, used, SUV or sedan, best fits them will go a long way in limiting costs. Furthermore, there are plenty of channels with which prospective buyers can gather information about how much their ideal vehicle costs. Coming prepared with the knowledge of how much a certain car should be going for will ensure that you get the lowest possible price.

Financing also plays a large role in the entire cost of a car, and for young first-time buyers it can be extremely important. According to the news source, they should be on the lookout for hidden high interest rates and instead may want to turn to credit unions that offer fair interest rates.

Insurance for young drivers is usually pretty costly, the news provider reports, but there are ways to help lower the expenses. In particular, it all depends on which company to purchase insurance from. The best way to find out which company is best-suited for newer drivers is to check with local independent agents. Also, drivers should be sure that the amount of coverage meshes with the value of the car in the first place.

Additionally, the news source reports that many younger drivers may not take into consideration the fact that there are many costs that go beyond just the initial purchase. When a car breaks down, repairs can be especially costly, so it would behoove first-time buyers to take great care in maintaining their purchase. Specifically, checking the oil, tire pressure and regular waxing are all easy to accomplish and will not only save money in terms of regular check ups but will ensure the car stays in good shape for years.

Toyota Camry tops the charts for “Most American Car”

Monday, June 27th, 2011

Although Toyota is a Japanese automaker, its Camry model, which is manufactured in Georgetown, Kentucky, and Lafayette, Indiana, was recently named the "Most American Car" in a Cars.com study for the third consecutive year.

The survey ranks cars based on the percentage of parts that are made within the U.S., where they are predominantly sold and how many are bought by Americans.

"In today's global economy, there's not an easy way to determine just how American a car is," said Patrick Olsen, Cars.com editor-in-chief. "Most cars built in the U.S., for example, are assembled using at least some parts that come from somewhere else. Additionally, many U.S. automakers assemble vehicles in Canada and Mexico, while foreign automakers have opened plants on U.S. soil."

Following the Camry in the rankings were the Honda Accord at number two and the Chevy Malibu at number three.

Individuals who want to show their American pride and are looking to purchase a Camry may want to check out New Jersey Auto Auction, which houses a number of makes and models including the Camry.

People seeing more value for their used cars

Monday, June 27th, 2011

People who have bought fuel-efficient vehicles may be finding that their cars are able to withstand the test of time in terms of investments, as some individuals are turning a profit when selling a fairly new environmentally friendly vehicle.

The New York Times reports that used car values are increasing dramatically for fuel-efficient automobiles, as there is a high demand from American consumers due to the rising gas prices.

For example, compact cars that are between one and five years old are now worth 30 percent more than they were six months ago, according to the news source.

"There's just so many things hitting the market all at once," Alec Gutierrez, manager of used-car pricing at Kelley Blue Book, told the news provider. "For those really hot, in-demand cars, we're seeing one- and two-year-old vehicles that are selling for very close to [sticker price.]"

Consumers who are looking to purchase a used fuel-efficient car may want to check out New Jersey Auto Auction, which has a variety of models that will be sure to fit anyone's preference.

Mini Cooper gets a sporty upgrade

Friday, June 24th, 2011

The Mini Cooper has raised eyebrows for being one of the smallest and stylish cars on the road, and a new model of the popular vehicle is about to give the brand a whole new look. USA Today reports the new Mini Cooper Coupe offers a sleek design to appeal to drivers with a penchant for sporty cars.

Though it is smaller, the coupe will include a few more impressive features and also come at a slightly heftier price tag. Among the features that come with the coupe are a 121-horse power, four cylinder engine and a six-speed manual transmission.

While the base model is sporty enough, the news source reports there are certain add-ons that can make for an even more stylish driving experience. For a little extra, drivers can also get a boost in horsepower, as well as upgrades such as a USB port and adaptive headlights.

Whether drivers are looking for a powerful sports car like the Ford Mustang, or a smaller model like the Mini Cooper, New Jersey Auto Auction has plenty of affordable used cars to offer.

Edmunds.com unveils top used cars for 2011

Thursday, June 23rd, 2011

Used cars are often the best choice for consumers looking to save money on a quality automobiles. But sometimes it can be overwhelming to decide on a particular make and model since there are so many options at their disposal. To help make the decision process a little bit easier, Edmunds.com recently released its list of the top 15 used cars for 2011.

Drivers looking to hop into a midsized sedan will want to check out versions of the Nissan Altima made between 2004 and 2009, according to the news source. The Altima scored so high because of its high performance V-6 engine as well as its exceptionally smooth operation and increased fuel economy. As for smaller cars, the best used compact sedan around right now is the Hyundai Elantra.

However, families looking for a use car that is able to fit plenty of passengers and other items will want to look into the 2004 to 2009 Ford Explorer, which is considered to be the best midsize SUV or crossover. In addition to plenty of family-friendly features, the Ford Explorer offers substantial towing capacity.

When it comes to pickup trucks, Edmunds says the best choice is the Toyota Tacoma, mainly because of its versatility. The popular truck can fit the mold of everything from a street vehicle to off-roading. The Ford F-150 was mentioned as well as good chioce for full-size pickups.

The Toyota Prius stood out among hybrids, the website says. More than just its optimum fuel efficiency, the Prius provides a spacious interior as well as excellent performance.

The list was compiled by auto experts at Edmunds and focused on a number of factors that are most important to drivers across the country. Among the issues they took into consideration were reliability, safety, value and availability, and to be eligible to be included on the list, each car had to be in a range of 2 to 7 years old.

"With used car prices still soaring, it’s important for consumers to have expert guidance to get the best value," said Scott Oldham, editor-in-chief of Edmunds.com. "By taking into consideration a range of factors from consumer ratings, to NHTSA crash safety tests, to True Cost to Own metrics, these cars are the most attractive options in the used car market."

Whether looking for a midsize sedan or a spacious SUV, New Jersey Automotive Auction has plenty of used cars at affordable prices.  

Fuel-efficiency tops among sports car buyers’ concerns

Wednesday, June 22nd, 2011

Sports car drivers are likely known more for their affinity for speed than having a penchant for saving money, but results of a new study may be changing their perception. USA Today reports that a new survey found fuel economy topped the list of what sports car buyers look for in a vehicle.

The study, which was released by Ford and conducted by Martiz Research, found that 42 percent of respondent said fuel economy was very important, with 37 percent saying it was their largest determining factor.

The numbers are indicative of a growing push from Ford to provide better fuel economy in all of its models, including muscle cars like the Mustang.

"Since December, we have seen industry-wide small car purchases increase from 19 percent  to 24 percent," sales analyst George Pipas told the news source. "It drives home the point that consumers are looking at more fuel-efficient choices."

Whether looking for a powerful used car or a fuel-efficient hybrid like the Ford Fusion, New Jersey Auto Auction has pre-owned vehicles at an affordable price.

After recession, motorists more likely to perform own repairs

Tuesday, June 21st, 2011

Though certain industries have struggled in the wake of the recession, one that is faring pretty well is the auto repair and parts business. Newsday reports that as the age of the average car on the road continues to grow, many motorists are finding that fixing their ride is long overdue.

The change comes in people looking to save money any way possible. In years past, individuals may have purchased a new vehicle, but now they are holding onto their cars longer and performing their own maintenance.

"For a lot of the routine maintenance that makes up the bulk of the products and services in the aftermarket, you've seen deferred maintenance taking place," industry analyst Stephen Spivey told the news source. "Now, people are circling back around, having made the decision to keep their cars a few more years."

Rising gas prices has also made car owners more interested in regular maintenance, experts say. Motorists who want to save money by purchasing an affordable used car will want to check out New Jersey Auto Auction, which offers numerous makes and models.

Tips to save gas this summer

Tuesday, June 21st, 2011

With summer fast approaching, more and more cars will be hitting the road, and motorists will be looking for ways to save on gas. Luckily, there are a number of small changes drivers can make to reduce their fuel consumption and save money in the upcoming months.

According to Popular Mechanics, one of the easiest ways to reduce fuel consumption is to coast to a stop rather than slamming on the brakes. Anticipating when a light will turn red and gliding to a stop will help reduce waste caused by hard braking.

Another less widely-known way to save on gas is to close the windows and use the air conditioner when traveling at high speeds. The publication found that at 55 miles per hour, having all four windows open drastically decreases aerodynamics, which has a negative effect on fuel-efficiency. So, unless you want to sweat it out with no way to cool off, A/C is the way to go.

As a final tip, experts stress the importance of cruising at a slower speed. While they don't suggest going 55 while the rest of traffic is going 70, they advise keeping it well under 80, as that will quickly deplete your gas tank (not to mention get you a speeding ticket).

Virginia Tech students win EcoCar Challenge

Monday, June 20th, 2011

A group of students from Virginia Tech recently took home the top prize at the EcoCar Challenge, manufacturing a vehicle that enjoys an impressive 82 miles per gallon. USA Today reports the team beat out students from 15 other universities for the honor.

The quest began with team was given the engine of a 2009 Chevrolet HHR and began making several crucial changes. Among the features they included were a battery and electric engine and a tweak that eliminated engine idling.

The competition was sponsored by the U.S. Department of Energy and General Motors, and Energy Secretary Steven Chu had high praise for the winning students, saying it bodes well for the future of energy-efficiency in the country.

"With the experience and skills these innovative students have gained through the EcoCAR competition, they will help reduce our nation's reliance on oil imports and keep U.S. industries competitive in the global marketplace," he said in a statement.

The announcement of Virginia Tech as the winner brings a three-year-long competition to an end, and highlights the desire for fuel-efficient cars. Those looking for such vehicles such as the Toyota Prius or other hybrids will want to check out New Jersey Auto Auction.

Mid-sized sedans the best choice for young drivers

Monday, June 20th, 2011

For parents of teenagers, being concerned about their safety while out on the road is among their greatest concerns. However, while it can be near impossible to be sure whether or not they are using their cell phone or paying attention to the road, taking several things into consideration when selecting a car can be paramount in keeping kids safe.

According to The Item, experts say that the safest vehicles for young drivers are mid-sized sedans. While many think that SUVs may be best, sedans are actually better since they are large enough to withstand collision, but small enough so that drivers cannot easily lose control.

However, safety is not the only issue that parents need to consider when shopping around for a vehicle for their kids. Affordability of is crucial as well, and finding the right mix of both cost and safety is easy to do with used cars.

"You want to look for models that are inexpensive," industry insider David Waldkirch told the news source. "Not cheap, but inexpensive with all the safety features."

Parents looking for a good first car for their kids will want to consider models such as the Volkswagen Jetta, Kia Optima and Hyundai Sonata.

Prius wagon to be released this fall

Friday, June 17th, 2011

The Toyota Prius has been one of the most popular fuel-efficient cars since it hit roads across the world nearly a decade ago, and the company is set to add a new model to the family. According to USA Today, Toyota recently unveiled the Prius v, a wagon-like version of the car aimed at families.

The announcement was made at an event earlier this week, which highlighted the impressive features on the soon-to-be released model. Though it's bigger and offers more space for families are cargo, it still maintains the Prius' impressive fuel economy, getting 44 miles per gallon.

According to the news source, though Toyota is hopeful about the addition of a new model, the name may cause some confusion. To help combat any mix-ups in the name, the original Prius will now be called the Prius Liftback.

Motorists hoping to get into a Toyota Prius, or other fuel efficient cars such as hybrid versions of the Ford Focus and Ford Escape can check out New Jersey Auto Auction which offers plenty of models at affordable prices.

SUV rollover statistics highlight drastic improvement in safety

Friday, June 17th, 2011

Thanks in large part to their larger size and the fact that they sit higher of the ground, SUVs have earned the ignominious reputation of being a high rollover risk. However, results of a new study indicate how misguided that notion is.

CNNMoney reports that new statistics released by the Insurance Institute for Highway Safety found that someone driving a 2009 SUV is almost half as likely to die in a rollover accident as someone driving a 2009 sedan Experts believe the declining rate is due to the implementation of electronic stability control, which is a computer-based technology that provide drivers with the ability to maintain better control of their vehicle even if they find themselves on slippery roads and other dangerous conditions.

The new statistics paint SUVs as being among the safest vehicles on the road, behind only minivans. With the public perception of the large-sized vehicles likely to change, many prospective buyers looking for a safe way to transport large amount of people, cargo and other items may have just been given a reliable choice.

But what SUV is the best one to get? According to Edmunds auto analysts, there are a number of factors to take into consideration if you are looking for a new or used SUV. Price, of course, is a big sticking point for many drivers, and the Chevrolet Equinox is one of the most affordable options on the road today.

Additionally, the Honda CR-V gives prospective drivers a suitable option for navigating the suburban streets with the entire family in tow while still offering a modicum of class and elegance.

Although price is certainly an important factor, some drivers are looking for a vehicle that comes with plenty of power as well. In terms of size and strength, few SUVs have proven to be more reliable than the GMC Yukon, which has the capacity to seat as many as nine people, all while providing substantial towing capacity. But for those looking for greater fuel economy, Edmunds suggests Buick Enclave, which still offers the truck-like qualities of SUVs but with a more relaxed and refined look.

Regardless of whether or not you are looking for seating, towing or style, New Jersey Auto Auction carries used SUVs at affordable prices.

New Ford Focus to debut as pace car at Michigan International Speedway

Thursday, June 16th, 2011

Ford will pick a unique way to debut the 2012 Focus this weekend. USA Today reports that fuel-efficient car will be making its first public appearance as the pace car at a NASCAR event as the Michigan International Speedway.

While it may not the smallest pace car ever to lead a NASCAR race, by debuting the Focus in such a widely publicized event, it places the emphasis squarely on the car’s economical design. According to the news source, Ford estimates that the new Focus gets an impressive 40 miles per gallon on the highway, and could finish the 400-mile race without having to take a pit stop to refuel, all while still having plenty of gas left over.

The car will be driven by Mark Fields, the company’s president of the Americas. The Heluva Good! Sour Cream Dips 400 is slated to begin on Sunday.

Drivers looking for a fuel-efficient Ford Focus or other economic model, will want to check out New Jersey Auto Auction, which carries plenty of quality used cars at affordable prices.

Accident prevention at the forefront of NHTSA conference

Thursday, June 16th, 2011

A number of things stood out a recent National Highway Traffic Safety Administration conference in Washington, D.C., but there was one type of safety device that earned the most attention. The Detroit Free Press reports automakers debuted so-called "intelligent vehicle" technology which will help reduce crashes.

Among the most impressive ideas on display was created by manufactures at Ford, who have designed a technology that allows communication between vehicles that is able to warn drivers of impending dangerous situations they may not have otherwise been aware of.

The technology is still in the early stages, and the NHTSA is going to be launching a pilot program in the near future to see if such car-to-car communication is a viable option in a real world setting. Still, others think that the warning technology alone may not be all it takes.

"You would need to have another method I think, a radar, a sensor, to have a threat validated first to be absolutely sure it's really there," director of engineering at Continental Alfred Eckert told the news source. "Until that is perfected, you can't have vehicles taking control."

According to the NHTSA, there were more than 30,000 fatal crashes in the United States in 2009.

BMW unveils impressive features in 2012 M5

Thursday, June 16th, 2011

For months there had been speculation as to the new 2012 BMW M5, but the rumors and posturing is over. The company recently unveiled the details for its latest model and according to motorauthority.com, it is quite a sight to behold.

Among the most impressive features in the new model is its powerful V-8 engine, which offers an aggressive 560 horsepower. Thanks to its engine, the 2012 M5 can accelerate to 60 miles per hour in just 4.4 seconds, and 124 miles per hour in 13 seconds, all while enjoying an economic 23.7 miles per gallon.

The news source reports that the interior of the car is almost as impressive as its powerful engine. The M5 features luxurious leather upholstery complete with a classy leather-trimmed center console and an aluminum interior trim. The car also includes a number of optional upgrades to take it to the next level, including a glass roof and multifunction seats.

Drivers looking to slip into a classy used BMW will want to check out New Jersey Auto Auction, which offers quality pre-owned vehicles at an affordable price.

Massachusetts bill puts drivers at risk, some mechanics say

Thursday, June 16th, 2011

A Massachusetts bill aiming to help motorists may actually cause them to be less safe. According to Automotive Body Repair News, the Massachusetts Auto Coalition believes the so-called Right to Repair bill may make it easier for counterfeiters to supply unsuspecting drivers with faulty parts.

The fears are caused by the fact that the bill loosens protective measures put in place to secure automakers' intellectual property. As a result, many mechanics believe that this could hasten the spread of low quality parts that are not constructed with the right materials or in the correct way, something that could have serious implications.

"We constantly are monitoring product quality and rejecting counterfeit parts." industry insider Jamie Godfrey told the news source. "My fear is that this bill could unintentionally lead to even more substandard and inferior parts flooding the market."

To ensure that their vehicles are of the best quality, motorists will want to visit only reputable sellers such as New Jersey Auto Auction, which offers used vehicles at an affordable price.