I mentioned in a related article that the first batch of Chinese built cars to be imported to the U.S. is only a few years away. In that article, I discussed Chery Automobiles and how the company has its designs on the American market, particularly in the entry level category. Well, now a second manufacturer Geely Automotive Company is also planning on bringing at least one model to the U.S. by 2008. Changes are in the wind, but lest you think that Detroit is the only one quivering dont be fooled: Japans automakers and Koreas automakers all must take notice of what is about to happen.For certain, the U.S. automobile market is the most lucrative one in the world. It is also the largest with more than 17 million new vehicles sold annually. All automakers know that if you have a piece of the American market, you have a piece of big profits as long as what you are selling is what consumers want [Ford and GM, take notice].The Chinese automakers sense that Americans want low cost vehicles. With Korean cars improving sharply in quality and with their prices remaining very low there is room for more cars in the sub $20,000 category. As it stands now, both Geely and Chery have several models that fit the bill including a few that will likely retail for well under $10K! Chalk it up to extremely low wages and cheap components, even much lower than what Hyundai, Toyota, and Honda can produce at that.Quality is certain to be another thing, but if the Chinese automakers emulate Hyundai originally known for selling cheaply built and cheaply made cars when first imported to the US in 1986 this will only be a temporary phenomenon.Of course, getting each Chinese model to pass stringent U.S. safety and pollution control requirements will take timeand money. Still, should Geely and Chery overcome these obstacles American streets may be filled with cars bearing several Chinese name plates.The U.S. automotive industry is taking notice even as the Detroit auto show features its first Chinese built cars. For all automakers, the new makes are worth taking notice and for consumers each model will have to pass scrutiny and compare favorably with other budget brands.
If you are considering buying a car for the first time, you might not know where to begin. Making such a major purchase is most likely the first step in your financial life, so it is very important to take it seriously. That's the word from the experts at a national consumer education campaign called AWARE (Americans Well-informed on Automobile Retailing Economics). To help first-time auto buyers navigate the financing system, it has put together this pop quiz: • Do you have a budget? If you don't already have one, create one. It will help you determine how much car you can afford. Don't forget vehicle-related costs outside of a new car payment, particularly insurance costs. Premiums for many young drivers can be as much as the monthly car payment. Don't forget to include maintenance, gas and taxes. • Have you pulled your credit report? Your credit history may affect your finance rate, so it's a good idea to get a copy of your free credit report before heading to the dealer. Go to www.annualcredit report.com for yours. • Have you shopped around? Do some homework before you decide which car to buy and where to buy it. Call your bank or credit union. Talk to dealerships. Print out all quotes and keep them in a folder that you bring with you when you shop for the car. Whether you finance through your dealer or elsewhere, there are typically no penalties to refinance if you're not satisfied.• Do you know how finance rates are determined? Vehicle financers use a number of factors to determine the finance rate they will offer you, including your credit score, the price of the vehicle you would like to purchase, manufacturer incentives, the amount of your down payment, your debt repayment options and the length of the finance contract. The rate offered to you may be negotiable. • Is there someone you could ask to be a co-signer if needed? If you are under the age of 18, are currently not employed, do not have a credit history or your credit history is not good, you may need a responsible person to co-sign the finance contract for you. • Do you know the difference between leasing and financing? Know what an APR is? Credit insurance? Guaranteed Auto Protection? You need to educate yourself on these terms and understand the value and price of aftermarket products. If you don't want something, don't sign for it. According to Eric Hoffman of AWARE, if you answered "no" to one or more questions, go back and hit the books before you buy a car or truck. Said Hoffman, "Consumers, especially those at the beginning of their financial lives, need to be vigilant about understanding the vehicle-financing process. If you make mistakes along the way, they can follow you for years."
Cheap used car can be found from number of sources. The people those who are looking for cheap "used car" are simply looking for the best possible car that meet their need and at the lowest possible cost that is with in their budget. Cheap used car is the most promising category for real bargains. Cheap used car can be easily found to your nearest automobile dealer, auctions, individual and on internet. Considerable care should be taken will buying a used car because most of used car comes without nay guarantee and warranty.You get more position with automobile dealer where you can look out for the used car which you are looking for and even late model vehicles that have been taken in trade and are in good condition. Older and desirable vehicle are most of the time send to the auctions to be purchased by individual.Individual car are lots are a potential source of used car. You can get it at a very low rate as there is always a possibility of getting price low down as you can bargain. Internet is one of the best source of finding used car where you dont have to go out side and search for anything you just have to search online to find a used car benefits which your are looking for. If you live in city or near by then you dont have to search more for "used car benefits" because you have got many position to find used car benefits which will meet your needs. Anna Josephs is a freelance journalist having experience of many years writing articles and news releases on various topics such as pet health, automobile and social issues. She also has great interest in poetry and paintings, hence she likes to write on these subjects as well. Currently writing for this website Best Cheap Used Car . For more details please contact at firstname.lastname@example.org
You recall your first car? Was it a hunk of junk or a nice one? You may have resorted to the local newspaper for your car information in order to find that inexpensive, little jalopy. Or perhaps you were lucky enough to receive one is the gift or be able to afford one yourself. No matter where you searched, one thing was for sure; you wanted a good deal. In the past, this could often prove a difficult task. If it was bought from a dealer, he could make up any outrageous price that he wanted to, and if you went to an individual that had a car for sale you could end up with a junker and not know it until a month later and then you would be totally out of luck. This is really that big of a deal now a days. A deluge of "car information" is at your fingertips online.I still remember my first car like it was yesterday. It was a 1978 Fiat Spider convertible. I got it from a college kid for $1100. It was a pretty decent first car. I mean I wasn't expecting a Porsche for $1100. It was one of those cars that you couldn't just let sit around not using it. You had to start everyday so it would turn over when you took it out for a spin. I recall one instance where I had not started it for three consecutive days. Big mistake, but fortunately I could always pop the clutch. While this wasn't the greatest car in the the universe, I definitely knew one thing, the seller provided all necessary car information upon my test drive so there wasn't any confusion. He has all the paperwork in order including service and maintenance records. It would be nice if everyone was as prepared.If you're heading out to a dealership to find that new family van, or sports car, it's always a good idea to do your homework online first. The Internet is a vast reservoir of knowledge and information. It truly is a priceless resource. The car information online will save you plenty of like work. You know that you want a safe vehicle, and you know you want to avoid getting ripped off. Well, with the car information found on the World Wide Web, your worries should be subsided. The dealers no longer have the upper hand, that now belongs to us, the consumer. But the advantage is only hours if we choose to use it. When you step into that dealership, you know what the vehicle sells for. The Internet will prevent you from being ripped off by exorbitant pricing. With your PC you can check out the numerous car sites in your area to see who's offering what. There are even online sales that can be found on auctions such as Ebay and other state and federal auction sites run by government agencies. The buyer is now the one in charge when purchasing that new car. With car information so accessible, finding that ride of your dreams is a synch.
Auto and car theft is a crime. In truth, the term motor vehicle theft could actually be used to refer to instances where automobiles, buses, motorcycles, snowmobiles, trucks, and other similar means of transportation are stolen. You see, this crime is actually punishable as a felony. This is primarily because this kind of situation causes extreme emotional and economic distress to its victim and to the society as well. Many automobiles and cars are being stolen every minute. And it could be reflected in the various terms and phrases that has arisen and created to refer to it. Carjacking is one term and it means stealing a vehicle while it is still occupied by the owner or the driver. Another one is joyriding and it refers to stealing a motor vehicle and then later on abandoning it. Of course, there have been ways and actions that the authorities have come up with to assist consumers and customers with ways to ward off any attempts at stealing their vehicles. In the United States, it is required that motor vehicles have vehicle identification numbers (VIN) and they must be registered with a vehicle licensing authority. If a vehicle has a VIN, it makes reselling a stolen vehicle very hard. As per statistics, the Federal Bureau of Investigation (FBI) claims that a motor vehicle is actually stolen every 25 seconds in the United States and the chances of recovering them dwindle to something much lower than 50 percent. According to Larry Gamache of Carfax, Car thieves go into car lots to find vehicles that match the cars they steal. Theyll take off the VIN plate and put it on one they just stole. Then theyll sell it to someone who has no idea its a stolen vehicle.With that, it is important to note the VIN of your vehicle before you purchase a car. Try checking the VIN number on the dashboard and compare it with the cars title documents. You can check it out for discrepancies. And if you find any, it means that something sure is wrong. Gamache also adds, You should also match that number in other places, including under the hood and at the door jamb on the drivers side. Then check that vehicle ID number to make sure it matches in all three spots.Stealing cars could be rampant however it does not mean that you have to keep your vehicle looking bad and not maintained. You can find quality and impressive Ford Excursion parts and other Ford parts at Ford Parts and Ford Auto Parts. Its collection of "Ford parts" will surely give your vehicle a boost in performance for all parts have undergone strict quality control measures.