Financing a used car in New York may not be on the minds of many college grads

For younger first-time buyers, used cars in New York and other states may be their most likely choice, but auto financiers say they may not recognize the benefits of taking out a car loan.

Capital One Auto Finance recently released the results of a survey of college students about to graduate, having asked them about their budget for their first vehicle purchase and how they planned to pay for it.

The company found that about two-thirds of the respondents were planning on buying used cars because of their budgets, but nearly half also want to pay cash, up 15 percent from last year.

“Buying a car is not an intuitive process and it can be intimidating for first time purchasers, especially in such a challenging economic environment,” said Sanjiv Yajnik, president of Capital One Auto Finance, but added that parents who have been through the process can help their children understand what options make the most sense in terms of paying for a car.

He says that graduates considering used cars in New York and other options should research and compare prices, as well as financing options, and be sure to know what their credit rating is prior to approaching a seller.

NASCAR youngster wants to improve teen driver safety

Most 20-year-olds would have their licenses stripped if they were caught driving a used Ford F-150 in New York at speeds of more than 100 miles per hour, or worse.

But Colin Braun drives specially-designed versions of the truck on racetracks that host the Nascar Truck Series, and he wants to bring his experience and youth to the Ford Driving Skills for Life program.

The initiative is designed to reduce the number of traffic fatalities caused by teen drivers, which is currently about three times the rate of other motorists by instruction in handling, recognizing hazards and space management.

“I think teenagers are more likely to listen to a message coming from someone closer to their own age, so I hope my involvement will make a difference teaching young drivers how to be safer on the road,” said Braun. “Having grown up racing all my life, I learned early on there is a time and place for driving fast, but public roads are not it.”

DSFL is a private expansion of state-based driver education for teens who may be considering used cars in New York as more affordable alternatives to newer cars.

Gas prices may change choices for those looking at used cars in New York

Figuring out which kinds of used cars in New York and other states to buy could come down to one factor, according to a new Kelly Blue Book survey: the price of gas.

Nearly 9 out of every 10 shoppers who responded said they thought that the price of gas would continue to increase, a belief that is causing them to consider more fuel efficient cars.

“As summer approaches with household budgets still pinched by the weak economy, car buyers are once again becoming very conscious of rising gas prices,” said Jack Nerad, Kelley Blue Book executive editorial director and executive market analyst. “Current economic conditions compounded by the pain at the pump may make $3-per-gallon gas a new threshold for car buyers” in terms of what mileage they prefer in their purchase.

That attitude change was reported by about 60 percent of potential buyers who say they are now considering cars with smaller engines, or even smaller vehicles because of the rising cost of gas.

Senator John McCain picks up a Ford Fusion hybrid

Joining fellow Republican and green car driver Arnold Schwarzenegger, Senator John McCain recently picked up a Ford Fusion hybrid, but for those who want to get good mileage like his new ride a used Ford Fusion could also be one option.

McCain wrote on Twitter that he was “excited” to pick up the car he had decided on a few days earlier.

A spokeswoman told the Associated Press he “was sold when he left the parking lot” in the vehicle, a replacement for the less fuel efficient 2004 Cadillac STS he had used previously.

But while he may be an early adopter of hybrids compared to other conservatives, he’s not the first in his family to go green.

His daughter Meghan, a Republican blogger, has owned a Toyota Prius since 2007, according to Newsweek.

Looking at hybrids like a used Toyota Prius in New York could save some buyers money at the gas pumps as well as be more environmentally friendly.

The 2004 model gets 44 miles per gallon, a fuel efficiency that is more than double that of the average passenger from that year, according to the Bureau of Transportation statistics.

Used Ford Mustangs in New Jersey could look a lot like new NASCAR entrants

For NASCAR lovers looking for used Ford Mustangs, buying one now may enable them to try out their own pony cars before they appear in the Nationwide Series next season.

Several companies are considering entering their sports cars into designs that fit the standards of the recent “Car of Tomorrow” design update mandated by NASCAR, and that includes the Ford Mustang, according to Fox Sports.

Unlike some cars in the Sprint Cup series which may only share body work with their everyday namesakes, a NASCAR official told the news provider that the designs will probably look a lot more like production cars and the designs that are coming into his offices are “10-fold better than a Cup car.”

Those looking for used cars in New Jersey can get their hands on a Ford Mustang before their favorite drivers will be able to, however, if they check out similar-looking models from 2005, the first year of the Mustang’s new body style.

Edmunds.com editors said that the remake, which incorporated design features from the car’s heyday in the 1960s, was powerful with cabin controls that were improved over previous years.

Consumers say they want some brands to survive, but used cars in New York may be best bet

Although car lovers say that General Motors makes like Saab and Hummer are worth saving, for Pontiac enthusiasts looking to own a piece of the brand’s history, used Pontiac cars in New York may be one of their options because of GM’s recent decisions.

According to an online survey from CarGurus.com, 44 percent of the nearly 1,700 online customers who responded wanted Pontiac to survive elimination, with niche brands like Hummer and Saab also receiving support from more than one-fifth of the community.

“Pontiac has a trailblazing heritage, the 1964 Pontiac GTO is widely credited with starting the muscle-car craze, and its current G6 is the 20th best-selling car in the U.S., so I’m not surprised to see consumers vote to save this historic brand,” said Langley Steinert, CarGurus CEO.

Their passion may not be enough to sway the mind of corporate decision-makers at GM, however, as the New York Times reports that while sales of Hummer, Saturn and Saab are likely to allow those brands to survive in some fashion, Pontiac is still expected to be dropped from the GM lineup after next year, leaving those who like those models to search for used Pontiacs in New York and other states.

Gravel roads could spell problems for the finish of used cars in New York

The economic downturn may be kicking up more than just concerns about finances these days, as some counties are increasingly likely to save money in paving costs by transforming local streets into gravel roadways.

For those looking at used cars in New York and other states, a new paint job or recently remodeled car could bear the brunt of the cost-saving measures which are one option for governments looking to save money.

In Michigan, CBS affiliate WWMT says that some rural roads are now going unpaved, a trend that has begun to extend from the state where it is most popular.

“Our survey results indicate the accuracy of this predication,” said John Niemela, County Road Association of Michigan director in a report on roads in the state. “We are literally reverting to the stone age,” as state funding has dropped and maintenance work is either reduced or avoided entirely.

Road conditions like those should be avoided by those who may have gotten new paint jobs for used cars in New York, several paint companies say, because the gravel can kick up and erode the clearcoat finish.

Want to skip the Prius waiting list? Buy used

Some fans of Toyota‘s Prius may find it better to buy a used version of the car manufacturer ‘s popular hybrid car in an effort to avoid being placed on a waiting list that, according to the New York Times, is several months long.

The third generation of the fuel-efficient vehicle has been an “instant hit” in Japan with approximately 80,000 orders prior to the car being officially placed on sale and has begun entering American showrooms, which in turn is creating a buzz, according to the article.

Yet, because of the popularity of the car, the waiting lists to purchase one have become long. In the U.S., one reason may be because of government tax incentives for residents who buy fuel-efficient cars.

People interested in used cars in New Jersey may find comfort that they can bypass the waiting game buy purchasing a used Prius.

According to the editors at Edmunds.com, the 2009 Prius has “outstanding fuel economy” and is “particularly well-suited to the city,” thanks to its ability to spend more time in full-electric mode during stop-and-go driving.

Newspaper: Summer may be best time to buy a used car

The next two months may be a good time for consumers looking to buy a used car in New York who were waiting to get a bargain.

Sometimes an end-of-the-month car purchase may yield some extra savings for the customer if the dealership they are buying from is running below their targeted quotas, the LeafChronicle.com reports. And it just so happens that July and August is a typically slow time in the market in terms of car sales.

However, there still may be more of a reason to wait, especially if a buyer wants more of a selection. Kathleen Calligan from the Better Business Bureau of Middle Tennessee told the news provider that September often has many used cars on the market since that’s when many consumers buy new or trade in.

Earlier this year, AOL Autos published a list of some of the best used cars under $20,000 a person could currently buy.

People looking into a decent sports car may be interested to know that the 2006 Pontiac GTO made the list, calling it “one of the best sports car deals available” with a V8 engine and 400 hp.

Magazine offers summertime driving tips

For those who are looking for a used car in New York as their first vehicle purchase, they may want to heed the advice from a national magazine with a list of debunked summertime myths.

Before vacationers hit the open road, Popular Mechanics has answered some common questions about car maintenance in the summer, especially for used cars.

While a new vehicle may be able to function on thinner engine oil, such as 5W-5, it’s important for used car buyers that their vehicles will be different.

Most used cars require thicker oil in the summer with many car manufacturers listing 10W-30 as good for driving in higher temperatures.

There are some older used cars that may require 10W-40, though the magazine suggested people consult the vehicle’s user manual before using that kind of oil.

In terms of coolant, the mixture is the same whether or not a person has a new or used car: it’s 50 percent coolant and 50 percent water.

Finally, and this may be of importance to first-time drivers, Popular Mechanics reminds summer vacationers that if they find their engine overheating, it’s time to turn off the air conditioner and turn on the heat.