Power and efficiency in one package

Drivers with a need for speed often assume that they’ll be sacrificing fuel economy in order to get the performance they desire. Yet while Ferraris and Lamborghinis may still have EPA ratings in the low teens, many performance cars from major automakers are able to boast impressive horsepower numbers without causing their owners to empty their wallet every time they go to the pump.

While miles per gallon (mpg) ratings in the low twenties may not be as impressive with models regularly eclipsing 40, bundling hundreds of horsepower with decent fuel economy was unheard of a few years ago. Now, there’s a whole range of vehicles that’ll impress on the racetrack while also not draining a bank account.

MSN Autos recently looked at 10 performance-oriented models that still look and run great while offering some great mpg ratings. Although prices on these vehicles may be high when bought new, drivers can save by shopping on the used car market and taking advantage of the increased fuel economy.

Sometimes the aerodynamics and sheer power of an engine means that a vehicle can do more with less – in this case put out more performance while guzzling less gas. That’s the case with the Dodge Viper, the first car mentioned by the news source. The Viper boasts 600 horsepower with it’s V10 engine, yet still manages to post a 22 miles per gallon EPA rating on the highway. That’s because when driving at highway speeds, the V10 is powerful enough to maintain a comfortable clip while not draining the tank all at once.

Another option from GM is the iconic Corvette line. The base model gets 435 horsepower – which might seem like a downgrade compared to some of the higher numbers boasted by the other cars on the list. But for most drivers, 435 will be more than enough to get them from A to B, and they’ll get 26 miles per gallon as compensation. Of course, true speed demons might upgrade to the supercharged ZR-1 which skyrockets the horsepower to 638 while losing just 6 miles per gallon.

Finally, the latest line to make waves in both performance and fuel economy is the new 2011 Ford Mustang. The V6 model offers a very impressive 305 horsepower while still clocking 31 miles per gallon on the highway – and its lighter V6 engine means that power goes further. Drivers can still upgrade to a Mustang GT at 412 horsepower and 26 mpg or the Shelby GT with 540 hp and 22 mpg.

Car buyers have options when they want to get some bang for their buck. Those interested in fuel economy and breakneck speeds may want to look at a used Ford, Chevy or Dodge today.

Consumer Reports chooses Mustang over Camaro

It’s a rivalry that dates back to the golden age of automobiles, with two iconic muscle cars, the Chevy Camaro and Ford Mustang, battling it out on racetracks and highways nationwide. While both companies offer updated models of these classic cars, consumers might have a tough time choosing between the two.

According to Consumer Reports, the 2011 Mustang edges out its rival pony car, the Camaro.

"The Mustang is the more agile and enjoyable car to drive of the two," David Champion, senior director of the magazine’s Auto Test Center, said in a statement.

Both cars were tested in their V-8 and V-6 incarnations. The V-8 race was close but the magazine still gave the nod to the Mustang. But according to the news source, the V-6 engine saw a sharp decrease in quality for the Camaro while the Mustang remained relatively similar.

Thanks to a 305 horsepower engine that still gets 30 miles per gallon, Ford’s pony car still impresses in the cheaper V6 model. The Camaro also lost points for being nearly 300 pounds heavier than the Mustang.

Despite the win for Mustang in the press, the Camaro still holds a lead in sales figures by 7,000 units to date this year.

In the end, the choice comes down to personal taste. Those in the market for one of these vehicles can also save a bundle by shopping on the used car market.

Audi hopes to ride new A7 Sportsback to luxury lead

German automaker Audi, which has stated that it hopes to take the title of most popular luxury brand away from its rivals Mercedes-Benz and BMW in the coming years, has unveiled its A7 Sportsback, a car that it hopes will contribute to a major sales increase in the midsize and compact market.

The A7 was designed to compete with popular Benz and BMW models like the 5-Series Gran Turismo and CLS, according to Bloomberg. Audi’s strategy is to target niche segments, and the A7 does that by providing hatchback versatility with a sportier look and feel.

“We’re pushing into customer groups that are willing to pay more for their car, and that’s where the A7 will play an important role,” Audi Chief Financial Officer Alex Strotbek told reporters at an event on the island of Sardinia late yesterday. “It’s clearly going to help us with our profitability.”

While the vehicle will hit Europe at the end of October, it won’t come to the U.S. until next year. The current price is estimated to be around $66,000, but drivers can save off of that by searching for their luxury car on the used market.

Mercedes-Benz gets GPS-integrated iPhone app

Mercedes-Benz has released an iPhone app that will allow owners of new and used Mercedes to have concierge-style service both in and out of the car.

According to CNET, the latest version of Hughes Telematics’ “mbrace” app features various upgrades for Mercedes owners. Hughes makes the GPS/telematics systems that are found on the dashboards of Mercedes vehicles.

While in the car, drivers have access to a range of features, like roadside assistance, navigation and even hotel and restaurant recommendations. The new iPhone app transfers these services outside the car, along with a few additional features.

Those who download the app will be able to access their car remotely. Forgot where you parked? The app will guide you back. Lock your keys in the car or forget to lock the doors? The app can do that, too. And it continues to provide concierge service while around the city, so travelers on foot can still find restaurants and hotels.

And for big Benz fans with multiple cars in their personal fleet, travelers can now create several vehicle profiles within the app in order to use services specific to each vehicle.

AutoNation outperforms major automakers

AutoNation, a chain of used car dealerships, outperformed automakers in terms of August sales, possibly signalling the Americans are turning to used cars rather than new ones in a tough economy.

According to Reuters, AutoNation’s sales fell 17 percent as compared to August of 2009. Yet because the “Cash for Clunkers” program inflated all dealerships’ sales nationwide during that month, the 17 percent drop is considered a marked improvement over the automakers’ average of a 27 percent decrease.

The company said that without the clunkers boost factored in, its sales actually rose 19 percent – a number that beat many of the automakers.

The dealership also announced that it will submit several proposals to Chrysler in order to obtain Fiat dealerships. The American automaker, now under Fiat control, is facilitating the return of the Fiat brand to the U.S market.

The news source reports that shares of the dealership chain were up 4 percent upon the announcement.

Chain dealerships tend to leave little room for negotiation, as their prices are mandated nationwide. For the best deals on used cars, shoppers may want to consider local dealerships or possibly an auto auction.

“Jersey Shore” star buys used car

Not all celebrities opt for the exclusive new models – as evidenced by a reality TV star’s recent purchase of a used car.

According to TMZ, Mike “The Situation” Sorrentino of MTV’s “Jersey Shore” fame, opted to buy used when he was in the market for a ride. Unlike most people, who opt for a used Toyota or Honda, The Situation went slightly classier, purchasing a used 2008 Bentley for about $100,000.

The news source reports that The Situation and his brother, Marc Sorrentino, each opted for nearly identical used cars. The rides were paid for through their new company, MPS Entertainment.

The purchase was also made possible through Sorrentino’s rising star in Hollywood. In addition to his reported $60,000 per episode salary for the reality show, the star has signed a number of promotional deals, a book contract and has plans for a workout DVD. When that’s included with his upcoming appearance on “Dancing With the Stars,” the self-proclaimed guido stands to make over $5 million this year.

Some of that money will go toward upgrading his new used car, as the news source reveals the both brothers are opting to add custom rims and sound systems to the vehicles.

Comfortable cars that won’t break the bank

Horsepower is the first thing that some drivers look at when shopping for a used car, but all the power in the world won’t matter if the entire car is vibrating as it climbs up to top speed. Beyond simple performance measurements, a vehicle should more than anything be comfortable and enjoyable to drive and ride in.

There are several factors that go into this – suspension, the platform, even what the seat is made of and the reclining options. Yet not all of them will be readily apparent on one test drive.

That’s why Kelley Blue Book, the company responsible for listing used car values, recently looked at some top choices in ride quality. Since luxury vehicles frequently focus on smoother rides, an upper limit of $30,000 was established so that the list wasn’t dominated by more expensive vehicles. Here are some of their choices.

Two cars from Toyota made the list, and one was the company’s flagship Camry Sedan. Kelley singled out the car’s plush seats as particularly enjoyable. Under the hood, the company found the car’s “soft yet supple” suspension as more than adequate for providing a great ride. In addition, creature comforts like dual zone climate control are great for long road trips or stretches of traffic. The retail price on the base Camry is $22,225, but 2009 and 2010 models with limited mileage can be found for under $20,000.

Drivers who want an even more comfortable ride can step up to the Camry’s larger brandmate, the Toyota Avalon. The model comes in at around $28,000 for the 2010 model, although if a driver opts for a used Toyota Avalon from 2005 or 2006 they can likely get below $20,000. Yet the increase in price is well worth it, according to Kelley, as the Avalon delivers “Lexus-like comfort on a Toyota budget.” Passengers will appreciate the spacious interior and amenities like reclining rear seats, which comes standard. And while in the past drivers may have had to sacrifice handling in order to get a larger vehicle, advances in suspension technology makes the Avalon maneuverable while still providing comfort.

Another larger sedan that made the list was the Ford Taurus, which will slot in between the Avalon and Camry at about $25,000 when bought new. As one of the few sedans that can comfortably seat five, the Taurus is a great choice for families. The presence of Ford’s Sync system makes driving less of a hassle, as drivers can control all their portable devices hands-free. Still, the Taurus delivers sporty performance and styling while providing a quiet and gentle ride.

Drivers should know that although Kelley’s upper limit of $30,000 meant that many luxury cars didn’t find their way onto the list, it’s likely that car buyers can find used BMWs or used Mercedes – two brands known for their ride quality – for under $30,000 on the used car market.

EPA unveils new fuel economy grading system

In an attempt to make consumers more receptive to the environmentally-friendly vehicles, the Environmental Protection Agency has proposed new stickers for alternative energy and electric vehicles that will break down the comparison between those cars and gas-powered vehicles.

With the rise of plug-in hybrids and gas/electric mixes, fuel economy can be confusing. The new stickers assign letter grades, ranging from A+ to D, for each vehicle in addition to miles per gallon and other environmental ratings, according to CNET. Electric and alternative fuel vehicles get further information that breaks down how long it takes to charge, what the miles per gallon equivalent is, and how much a user can expect to save on average over the purchase of a similar gas vehicle.

The new labels also have a scannable barcode for use with smartphone apps. A user can point his or her phone’s camera at the image in order to be taken to the EPA website, where more information can be gathered.

Fuel economy is important, but hybrids and alternative energy vehicles can be expensive. Before making the switch, drivers may want to wish for the cars to hit the used car market in order to take advantage of increased savings.

Brabus tricks out “iBusiness” Mercedes

Custom parts maker Brabus, best known for its suspension systems, brakes and bodywork, has unveiled its latest creation, a custom Mercedes S600 decked out with Apple gear.

The “iBusiness” Mercedes features a slew of Apple products that have turned the backseat into a fully-functional office environment. Two iPads connected to Bluetooth keyboards are suspended from the driver’s and passenger’s seats, along with a drop down screen on the roof connected to a Mac Mini computer. Brabus has also wired the entire car to have Internet connectivity anywhere, and polishes the whole package off with touches like a 64 GB iPod integrated in the front and wireless controls for the car’s existing functions, like GPS and radio.

And because it’s Brabus and not Geek Squad behind the modifications, they couldn’t resist doing a little work under the hood: this office will scream down highways, powered by a 6.3-liter V-12 beast of an engine that cranks out 750 horses.

The company has announced that owners of new and used Mercedes S-Class vehicles can contact the company to have their car receive a similar treatment – for a price, of course.

Back-to-school used cars

It’s back-to-school time, and while most teenagers will likely stamp around the house upon hearing the word, their temperament is likely to be tamed when Mom and Dad hand them the keys to a brand new car.

Well, maybe not brand new. Many families opt to purchase used cars for their children when the time comes, as they are less expensive than newer models and will likely only be driven for a few years at most. However, that doesn’t mean the car doesn’t have to be nice, and parents should carefully consider a student’s needs when it comes time to choose.

Kelley Blue Book, the company that sets most used car values, recently revealed their picks for back-to-school cars. While some of the picks were new, half of them were older models that parents can likely easily find at their local used car dealer or auto auction. Here’s a few that made the grade.

Coming in at number 8 was the used Ford Crown Victoria from 2006. While Kelley acknowledges that the Crown Vic isn’t the first car that comes to mind when one thinks of the youth demographic, it defends the decision, citing the Crown Vic’s utility (it is the top choice of cab drivers and police officers) and roomy interior compared to many budget compact cars. Safety, another big concern for parents, generally improves with larger cars, and the Crown Vic’s long wheelbase and wide body offer that in spades.

In the fourth spot was the 2008 Pontiac Vibe. Kelley recommended this hatchback for students involved in lots of extracurricular activities, as the extra trunk space allows students to transport sports equipment and band instruments. It also helps for students that it looks sleek and stylish. Parents should be aware that the Vibe was co-developed by Toyota and GM, and drivers will find almost the exact same features on a used Toyota Matrix.

But the top spot was reserved for a perennial best seller, a used Honda Civic from 2006. Kelley called the model “the smartest car purchase you can make,” reasoning that the Civic has everything a student wants – affordability, reliability, space for cargo and books, stylish while also being extremely easy to sell once the kid heads off to college (yet it’ll still be around to hand down to younger siblings).