Archive for November, 2011
The 2011 Tokyo Motor Show included some of the most innovative designs in the automotive world, but Honda decided to highlight its continued commitment to fuel-efficient cars. Along with renewing its commitment to drastically cut carbon emissions over the next 10 years, company CEO Takanobu Ito also hinted that Honda may try to roll out a new hybrid version of the Accord.
What is surprising about the announcement is that it would not be the first Accord hybrid to hit the United States. According to USA Today, a fuel-saving model supposedly hit the American and Canadian markets in 2005, but by the end of 2007, the company decided to end the experiment. The car performed poorly in sales largely because it did not save as much as gas as the name led consumers to believe.
Despite the lack of success with the hybrid Accord, Ito said in a speech at the convention that Honda is developing a new engine that will hopefully make the cars more eco-friendly and exciting to drive.
"Under the name 'Earth Dreams Technology,' Honda has created a new next-generation engine and transmission series, which we will apply to our products to realize both 'fun' and 'environmental' values at a high level," he said at the conference.
While it may be some time until Honda rolls out some more fuel-efficient models, there is some good news for motorists looking to save money at the pump. According to USA Today's Drive On blog, the national average for a gallon of gas dropped to around $3.25 and while that is certainly not cheap it's good news that the price is dipping during a time when it is usually on the rise. Additionally, it's a considerable drop compared to the average of around $3.90 earlier this year.
Along with the car you choose and the price of fuel, there are several types of maintenance you can perform to ensure your vehicle gets the best gas mileage possible. According to Edmunds.com, easy steps like keeping your tires properly inflated and checking your air filter can all pay off.
Getting your engine tuned also yields numerous benefits when it comes to fuel efficiency, and New Jersey State Auto Auction's Total Car Care Center makes the process easy. Located in Jersey City, the center is open to the public and can go a long way to getting the most out of your car.
If you're on the fence about buying a used car before the end of the year, some new information may change your mind. Kelley Blue Book's website kbb.com reports that used car prices are going to rise in early 2012 and could increase as much as 6 percent.
Not only will prices likely be on the way up after the new year but they are also at their lowest point in quite some time. Analysts say that used car prices have been falling steadily since June and are expected to continue on that trend through December. Add that to the fact that sales tend to decline during the fourth quarter anyway, and the next few weeks are shaping up nicely for those in the market for a new ride.
"Used-car values typically decline through the fourth quarter due to a seasonal drop in demand that lasts through the holiday season," said Alec Gutierrez, manager of vehicle valuation for Kelley Blue Book. "We believe sales volume also will decline through the remaining fourth quarter, similar to years past, and as a result values will likely remain soft through year-end, with few exceptions."
Along with timing, which car you choose is also important. According to Edmunds.com, some of the best used cars for 2011 are the 2004-2009 Nissan Altima and 2006-2009 Hyundai Azera as well as the 2004-2009 Ford Explorer.
If you're looking to take advantage of the low prices, New Jersey State Auto Auction is the place to go. Regardless of the time of year, the lot has a wide variety of makes and models at affordable prices, and each vehicle is Carfax certified so you know you're getting a reliable product.
Not only does the winter present motorists with a number of challenges while driving their car, it may also make it more expensive to do so. With added complications like waiting for the vehicle to warm up and expensive winter tires, the costs can start to add up. However, according to The Record, there are some tips that can help you save money as the temperature starts to drop.
Among the most common practices of motorists during the winter is letting their car warm up in the cold weather. Though it may make your ride a bit more comfortable at first, letting it idle for as much as 10 minutes can be a big waste. Experts say that your car really needs no more than one minute of warm-up time.
Along with knowing how long you should run your car, you may also want to consider what is in it. While it may not seem like a big deal, cleaning out your trunk can save you a lot of money on gas. In fact, the newspaper reports that every 99 pounds of extra weight can increase fuel consumption by about 2 percent.
Furthermore, you should follow certain steps when it comes to climate control. Of course, you'll want to, and have to, use the defroster every now and then but make sure you don't let it run longer than necessary or you could end up using more fuel than you might think.
As a final step, most experts recommend getting a winter tune-up before the harsh weather sets in. New Jersey State Auto Auction makes it easy to do so thanks to its Total Car Care Center. Located in Jersey City, the center offers auto maintenance and repairs so you can keep your car on the road as long as possible.
Although the delinquency rate on auto loans rose slightly compared to last quarter, it dropped considerably in relation to the third quarter last year, marking the eighth consecutive quarter to see a year-over-year decrease. According to TransUnion, the rate dropped to 0.47 percent from 0.58 percent in 2010, meaning good news for lenders, dealers and consumers alike.
Along with the decrease compared to last year, the fact that the delinquency rate rose in relation to the second quarter should not be viewed negatively because of historical precedent. Most years since 2000, delinquency rates have risen in the third quarter due to seasonal influences.
"The number of new auto loans coming on the books has continued trending upward since the end of the recession," Peter Turek, automotive vice president in TransUnion's financial services business unit. "A primary driver of this is relaxed lending policies of creditors. However, on a year-over-year basis, delinquencies have now dropped for eight consecutive quarters even in the face of increased lending to the subprime market."
Consumers who are looking to get behind the wheel of a used car but are still concerned about whether or not they may be approved for a loan will want to head to New Jersey State Auto Auction, which provides customers with automatic approval regardless of their credit history.
Getting a loan from New Jersey Auto can help people rebuild their credit through a number of different channels but most importantly, paying a loan back on time is a great way to improve one's credit score. Furthermore, if a customer has no history, there are few better ways to start one than with an auto loan.
It almost goes without saying that drivers should be on top of regular auto maintenance, but as more and more people try to keep their cars on the road even longer, certain aspects of vehicular upkeep have come to the forefront. Although making sure every part of the car is in good working order is important, according to NBC affiliate WDIV, some are more crucial than others.
Fluids play a vital role in a car's operation, so it should come as no surprise that ignoring the fluid levels can be one of the most serious mistakes a driver can make. Not only will this mistake cost motorists a great deal of money, but not changing the fluids on time can also cause some irreparable damage to the car. Experts say that ignoring the warning signs is one of the biggest mistakes you can make.
"If the light is on, you need to shut the engine off now because you have no idea what kind of damage you could be doing," industry insider Mark Larsen told the news channel. "Either light – the coolant light or engine oil light – if either one of them come on, you better be pulling over and stopping what you’re doing."
To ensure that your car has enough fluid, whether it be engine coolant, oil or transmission, you may want to take it to a professional for regular maintenance. New Jersey Auto Auction provides motorists with its Total Car Care Center, which is open to the public. Located in Jersey City, the department can also help with auto repairs to ensure your car is on the road as long as possible.
It may not be at the front of many drivers' minds, but deer can be a serious problem while out on the road. The friendly woodland creatures seemingly come out of nowhere and can not only cause significant damage to a car but also serious personal injury. With deer season rapidly approaching, Michigan Auto Law recently offered a few tips on how to avoid collisions with deer in the coming months.
Much of the advice offered can also be heeded all year long. First and foremost, fastening your seat belt is most important because it has long proven to be one of the best ways to prevent injury in the event of a collision – with a deer or otherwise.
While making sure you're strapped in seems like common sense, some other tips may not be so easy to recognize. For instance, experts tell drivers not to swerve out of the way because hitting the deer with your car is much preferable to losing control and driving into oncoming traffic.
"The worst thing you can ever do is swerve your car or slam on your brakes to avoid a deer," said personal injury lawyer Steven M. Gursten. "It’s far better to kill the deer than it is to seriously kill yourself or someone else by veering into oncoming traffic, slamming into a tree or getting rear-ended."
Experts also say that you should be especially on the look out for deer during dawn and dusk, as deer-related accidents tend to peak between 6 a.m. and 9 p.m. as well as 3 a.m. and 6 a.m
Along with being alert on the road, having a car that is well maintained can also keep you safe. New Jersey Auto Auction's Total Car Care center not only offers drivers with auto repairs but it also provide general upkeep.
The Thanksgiving holiday is one of the busiest travel days of the year. In fact, AAA estimates that about 38.2 million Americans will be making the trip to their destination by car this year. With the increased amount of people on the road, now is an excellent time to highlight the importance of maintenance to ensure that motorists get to their destinations easily and safely, and CBS affiliate WIBW reports there are some things all drivers should consider.
Whether it's before taking off for Thanksgiving or simply for regular upkeep, car owners should check their tires fairly often. Most importantly, keeping the tire pressure at the right level will both provide traction and reduce the chances of a blowout. Additionally, you should make sure that the spare tire is in good working order should the need ever arise to use it.
There's nothing worse than being stranded with a dead battery. Though it's a common problem, it can often sneak up on unsuspecting drivers. According to the news channel, you should make sure the terminals are both secured and free of corrosion and if not, it should be cleaned or replaced.
As a final maintenance step, you should make sure all the fluids are at the right levels. Regardless of whether or not you're traveling 10 minutes or five hours to reach your destination, things like oil and radiator coolant are crucial.
Although there is a long list of auto maintenance you can take care of yourself before you travel this holiday season, sometimes you need the help of a professional. New Jersey State Auto Auction provides motorists with an easy way to get their car looked at with its Total Car Care center. Located in Jersey City, the center is open to the public and will make sure your vehicle is running smoothly.
Though often regarded as a showcase for some of the world's most luxurious cars, this year's Los Angeles Auto Show was a little different than in years past. Although there was still a fair amount of impressive vehicles, the larger focus was on consumer-friends sedans and crossover SUVs, the Los Angeles Times reports.
One of the highlights of the show was the debut of the 2013 Ford Escape, which has earned its place among the most popular SUVs on the road. Though its been around for more than a decade, the latest model of the Escape was so eagerly awaited due to the fact that it has a redesigned cabin, which offers more space, as well as a new 1.6-liter turbocharged four-cylinder engine.
The Escape's main competitor, the Honda CR-V, also debuted its latest model, the L.A. Times reports. It may not have a new look like the Escape, but it includes several new features such as in-car audio streaming and a new 185-horsepower engine.
Although SUVs made a big splash in the show, practical sedans also garnered their fair share of attention, most notably the 2012 Hyundai Azera. The model enjoys a new, sleeker look and is expected to compete with industry standards such as the Ford Taurus and Volkswagen Passat, according to the newspaper.
Though not everyone can make their way to the L.A. Auto Show, consumers can certainly take a few hints on what the best used cars to buy are. New Jersey Auto Auction offers drivers with a wide variety of makes and models and they're all at affordable prices. Additionally, ever product is Carfax Certified so you know you're getting a good deal.
Most men have tried to persuade their significant other to stay with them through a grand gesture, but "Two and a Half Men" star Ashton Kutcher recently put everyone else to shame in a last-ditch effort to stay married to wife Demi Moore. Sources close to the actor say he bought Moore a 2012 Lexus 600h about two weeks before she announced they were getting divorced, celebrity gossip website TMZ.com reports.
The lavish present was for Demi's birthday and turned out to be a gift that fell flat. It's an impressive car nonetheless. The hybrid Lexus is not only a top-of-the-line luxury car but it gets about 22 miles per gallon around the city, which is no small feat for the powerful ride.
Although Kutcher is the latest celebrity to give an extravagant ride as a gift, he certainly is not the only one. Luxury cars are often one of the most popular presents that celebrity couples choose to give each other – though maybe for better reasons than trying to save a marriage.
According to MSN Cars, one of the most impressive vehicles given as a gift lately was the Bugatti Veyron Grand Sport that Beyonce gave husband Jay-Z for his 41st birthday in 2010. The convertible, often regarded as one of the best sports cars in the world, cost an estimated $1.8 million.
Of course, it's not always couples bestowing lavish rides on each other. Adam Sandler gave David Spade, Chris Rock, Kevin James and Rob Schneider each a Maserati Quattroporte for their work on his movie "Grown Ups."
Celebrity car watchers should be on the lookout in the coming weeks as the holiday season will likely see some big gifts.
The day after Thanksgiving is widely recognized as one of the best shopping days of the year at retail stores but what consumers might not know is that it is also a great day to trade in one's car as well. Auto dealers say that many of them are buying up used cars as demand is steadily growing, NBC affiliate KARE reports.
The reason now is the best time for trade-ins is that many drivers chose to hold on to their cars longer in the wake of the recession. This caused a shortage of used cars and now lots are trying to fill the gap. Analysts say that dealers are not too picky either.
"Cuts across every brand, every model," Minnesota Auto Dealers Association Vice President Scott Lambert told the news channel. "Dealers are excited to work with you on a late model used car."
Of course, just because the demand is high doesn't mean that you should ignore steps that will help you get more for your car. According to Bankrate.com, one of the most important things to do is research before you bring your car in. This way you'll be able to come prepared with a general idea of how much your car is worth to know if you're getting a fair deal.
Additionally, making sure the car looks as good as possible, both inside and out can go also help you get top dollar.
As a final step you'll want to visit a reliable dealer like the New Jersey State Auto Auction. Along with promising a fair price, the business is an Autotrader.com Trade In Marketplace Dealership so you can get an appraisal in a matter of seconds.
It's widely known that hybrid cars can help drivers save money at the pump, but the fuel-efficient vehicles may also help prevent them from getting in an accident. A recent study from the Highway Loss Data Institute (HLDI) found that drivers of hybrid cars are 25 percent less likely to be injured in an accident than other motorists on the road, The Detroit News reports.
There are a number of factors going into how the researchers arrived at the figures. Specifically, scientists say that it may depend largely on the thought process of a hybrid driver. Most people behind the wheel of a hybrid car are trying to get the most mileage possible and tend to drive more carefully.
Driving habits may have something to do with it, but the construction hybrid cars were also a factor. According to the newspaper, most hybrid models are heavier than their normal counterparts. For example, a hybrid Accord weighs about 480 pounds less than a traditional Accord.
"Weight is a big factor," said Matt Moore, the HLDI vice president and author of the report. "This extra mass gives them an advantage in crashes that their conventional twins don't have."
Though the study found hybrid drivers are less likely to be injured, it also found that they are 20 percent more likely to be involved in a crash with a pedestrian due to the vehicles' quiet engines.
In addition to driving more carefully, keeping your car properly maintained is another excellent way to make sure that you are safe behind the wheel. New Jersey State Auto Auction offers consumers with a Total Car Care Center so they can make sure their vehicle is in perfect working condition.
To many consumers, buying a car can be a stressful enterprise. It's a big commitment and sometimes people might feel overwhelmed by the amount of options in front of them. A recent survey by CarMax found that women have an especially negative view of buying cars. Although the study showed that many found the process to be a hassle, many of their issues could have been resolved had they gone to New Jersey State Auto Auction.
One of the things that annoyed women the most was that they felt they did not get a fair trade-in value for their car. In fact, 15 percent of respondents said they believe they could have gotten more, and at New Jersey Auto they like would have walked away happier. The business is an AutoTrader.com Trade In Marketplace dealership and its website lets you get an appraisal in a matter of seconds.
"As an authorized Autotrader Trade In Marketplace Dealership, we are equipped to provide an instant quote to Trade or Purchase a customer's used car, with payment right on the spot," said Lazlo Ember, the internet marketing director at the company.
The biggest complaint of all, however, was the efficiency of the process. Specifically, 26 percent of women said that they did not have a fast and easy experience the last time they bought a car, and New Jersey State Auto Auction can solve that problem as well.
Along with a wide variety of makes and models at affordable prices, those who go to New Jersey Auto can rest easy because each vehicle is Carfax certified, so you know that you are getting a reliable ride.
Most drivers on the road today are looking to get the best mileage they can, and with gas as expensive as it is, it's hard to blame them. As such, it's easy to see why fuel efficient cars dominated the week in auto news.
• Jay Leno is famous for a lot of things – his early career as a stand up comedian, his venerable talk show and his pronounced chin have all made him an instantly recognizable part of Hollywood, but his large collection of cars has also earned him a great deal of followers.
It should come as no surprise that Leno was one of the first people to buy the new electric Chevrolet Volt, and according to The New York Times' Wheels blog, his experience with the car might lead other consumers to buy it as well. He got the car on December 12, 2010 and drove it around 11,000 miles without ever having to fill it up with gas. Most impressive? Although he has a long list of cars to choose from, he drives the Volt almost every day.
"It's my daily driver," Leno told the Times. "It really is. I commute in it to work every day. My commute, and all my other daily running around, totals less than 35 miles."
• The Chevy Volt is certainly not the only eco-friendly car on the road right now, and it was Honda that actually earned recognition for its fuel-efficient models. The Honda Civic Natural Gas was given the Green Car of the Year at the recent L.A. Auto Show, according to the Los Angeles Times.
The innovative car is the cleanest running vehicle by Environmental Protection Agency standards and gets an impressive 48 miles per gallon. The unique Civic is currently the only mass-produced car that runs on natural gas.
"There is no other vehicle like the Civic Natural Gas on American highways, and this recognition has been a long time coming for Honda," Ron Cogan, editor and publisher of the Green Car Journal, told the L.A. Times.
• Smaller cars like the Volt and the Civic are not the only models that are looking toward better gas mileage – SUVs are getting on board as well. Honda unveiled its retooled CR-V at the L.A. Auto Show. In addition to its new interior and more powerful engine, the car will get 1 to 4 more miles per gallon than in previous models, according to USA Today.
The Motor Trend Car of the Year award has been one of the most coveted distinctions in the auto industry for more than 60 years, and the publication recently added the latest name to its list. The Volkswagen Passat was named the 2012 Car of the Year on Wednesday, edging out a record 34-car field in the process.
It's not hard to see why the Passat earned the title. Experts lauded the model's sleek design that manages to blend both a simple and elegant look reminiscent of luxury cars. The interior was equally impressive and roomy, making for an excellent drive.
Of course, it was much more than looks that set the Passat apart from the field. The car was among the most fuel-efficient in the field and came in at an impressive 26.5 miles per gallon in the standard 2.5 liter, five-cylinder model and 34.3 miles per gallon for the diesel model.
Safety was another chief concern for the judges and the Passat excels in that as well. In particular, the car was one of the best in helping drivers avoid getting into crashes at all thanks in large part to its maneuverability and safety warnings.
"It has one of the roomiest interiors in its class, a wide choice of powertrains and a well-tuned chassis," said Angus MacKenzie, the Motor Trend editor-in-chief. "A compelling new entry in the toughest, most competitive vehicle segment in the U.S. today, it's a terrific all-around family sedan."
Although the Passat was recognized by the publication as the standout car of the year, there are plenty of other models that offer excellent efficiency and safety as well, and they're all at New Jersey State Auto Auction. In addition to a large inventory, New Jersey Auto also ensures each car is Carfax-certified so you know you're getting a reliable product.
One of the most difficult parts of the holidays is trying to come up with the perfect gift for someone who seemingly has everything. Though it may seem like a tall order, it may not be that hard to shop for the auto enthusiasts out there, especially as more and more people look to keep their cars on the road as long as possible.
According to AutoMD.com there are a few gifts that are well-suited for those looking to make sure that their car can reach 150,000 miles and beyond. One of the smallest, but perhaps most useful, tools in keeping your car running is a tire gauge. If tires are properly inflated, they are less likely to be damaged by rough driving conditions. Not to mention they can also go a long way in keeping your fuel efficiency up.
In a similar vein, you may want to buy the budding mechanic in your life an air compressor to assist them in their tire maintenance. Instead of having to take their car to the local gas station to inflate their tires, this gift will give them the opportunity to do so in the comfort of their own driveway.
A maintenance manual can come in handy for drivers looking to make their car last but sometimes the all-important guide can get lost in the shuffle, which could result in a number of unnecessary trips to the mechanic. If you buy someone the right manual for their car as a gift, the money they save will be thanks enough.
Along with having the right tools to ensure their cars run as long as possible drivers will want to make sure their vehicle gets regular maintenance performed. New Jersey State Auto Auction offers consumers with a total car care center at its Jersey City location so everyone can get the most out of their ride.
Ford recently unveiled the 2013 version of its popular Escape, and consumers may be surprised to see a much different look for the SUV. The revamped look includes a curvier frame, and Ford believes the Escape will be among the most fuel-efficient cars of its kind, USA Today reports.
The latest model has a number of other impressive features as well. In addition to a rear tailgate that can be operated remotely by the driver simply waving his or her foot under the bumper, the Escape will also get about five more miles to the gallon than in previous years due to a new engine.
The redesign comes as the Ford Escape is challenging some of the most popular SUVs in the industry. Analysts say that the new look was unveiled in the hopes of competing with the Honda CR-V, which has long been one of the most-driven vehicles of its kind.
"We wanted to create the impression of an athlete, like a runner or a swimmer, in the new body," Ford's European design director Martin Smith said in a statement.
According to Bloomberg, both the CR-V and Escape have been enjoying a resurgence as of late as consumers are beginning to value fuel-efficiency above most other characteristics. In particular, smaller SUVs have accounted for 11 percent of all auto sales in the United States so far this year.
Whether you're looking for a Ford Escape or a smaller fuel-efficient sedan, New Jersey State Auto Auction has what you're looking for. In addition to having a wide variety of makes and models, New Jersey Auto ensures that all of its used cars are Carfax-certified so you know you're getting a reliable vehicle.
The unemployment rate may be holding steady at around 9 percent, but that has not stopped consumers from borrowing money to make purchases. Analysts found a $7.4 billion jump in consumer credit in September, a figure reached thanks in large part to a growing number of people are purchasing cars, Bloomberg reports.
Auto sales were particularly robust for American manufacturers. General Motors reported 1.7 percent higher sales in October compared to the same time last year and Ford saw a 6.2 percent jump. However, it was Chrysler that stood above the rest with a 27 percent increase.
"The evidence of September and October is that there is a strong foundation in the U.S.-based automobile industry," Ken Czubay, Ford’s U.S. sales chief, told the news source. "Consumers are just saying it's time to get a new vehicle. We’re seeing that more and more every day from our dealers."
The fact that more consumers are buying cars may be indicative of a change in attitude toward taking out a loan. Over the last several years, some people may have been hesitant due to the stagnant economy, but the recent behavior may be reason to be optimistic.
If you're considering being among those making an automobile purchase but are unsure if you can get a loan due to your credit history, New Jersey State Auto Auction is your best bet. Everyone who comes to the dealer is guaranteed credit approval regardless of whether or not they have bad credit history or none at all.
Additionally, buying a car can be a great way for people with poor credit history to improve upon it. By getting a loan and paying it on time, you can go a long way to building your credit back up. Furthermore, New Jersey Auto has plenty of reliable makes and models to choose from so you can be confident in your choice.
Used cars offer consumers with the opportunity to get behind the wheel of car that is not only reliable but affordable as well. While there are plenty of excellent choices, some options stand above the rest, and Edmunds.com recently unveiled its list of the best used cars for 2011 in a number of different categories.
Hyundai put in a good performance on the list, with two of the manufacturer's models making appearances. In the compact sedan category, the website named the 2004-2009 Elantra as its top pick, and the 2006-2009 Hyundai Azera was chosen as the best large sedan.
The Elantra earned the nod for a number of reasons but it separated itself due to its smooth ride and build quality. Additionally, the writers at Edmunds were swayed by its impressive scores on crash tests, and a fresh 2007 redesign certainly did not hurt either. The Azera was picked because it offers a luxurious look and refined performance while still having an affordable price tag.
Those looking to pick up a used SUV would be wise to turn to one of the most popular models in recent memory. The website picked the 2004-2009 Ford Explorer as the best in the midsize SUV/crossover category due mostly to its impressive towing capacity combined with plenty of seating – including a spacious third row.
When it comes to minivans, the 2004-2009 Honda Odyssey stood out the most. In years past, minivans from Dodge and Chrysler have been the best, but according to Edmunds the Odyssey is now the top pick because of its powerful V-6 engine.
Whether you're looking to get behind the wheel of a used sedan, SUV or minivan, New Jersey State Auto Auction has plenty of options to choose from. Additionally, securing a loan is especially easy as well, as everyone who visits New Jersey Auto is approved regardless of their credit history.