1. BACK to SCHOOL TEEN drivers: Do you know the rules of the road?

    August 30, 2010 by mycarlady

    Back to School has a whole new connotation when you consider the teen drivers, student drivers and wanna-be road warriors chafing for wheel independence. 

    Beginning with a basic understanding of the rules of the road, anti-texting and DUI laws, millions of fifteen year olds are loading up on drivers ed classes in the hopes of achieving a learner’s permit or drivers license.

    This year some states have RAISED the drivers license age to 18. Many states have invoked serious GRADUATED Licensing restrictions on new drivers under the age of 18.   Along with a minimum mastery of 40 hours behind the wheel, including 10 hours of night time driving skills and some defensive driving techniques,a few states have added minimum school attendence, GPA grades and graduation requirements.

    Parents are often guilted into buying a new car or sharing the family wheels in a “coming of age” ritual balancing the need for independence with  convenience.  In this economy, many parents have said NO to a teen driver’s license, revoking the priviledge until the student can handle the expense;  “If you can’t afford the insurance and gas, you can’t drive,” one parent told her teen. “Get a job after school, maintain your grades to a B and save your money for your own car,” Cindy W., a sophomore at Las Vegas High School, repeated her parent’s response to sharing a car. “For now I take the bus because my friend’ who have licenses can’t have anyone under 18 in the car with them. That’s the law.”

    Parents also impose the TEEN CONTRACT well before the driver’s ed classes begin, as a means of establishing guidelines and expectations.  “I added the rule of not in anyone else’s car and no one else in ours, long before the law was in effect,” said Linda A., mother to a 22yr. old son, ” He wrecked two cars and now understands the value of a drivers license, not to mention, cost of car ownership. He bought his own car after totalling one of ours, and when he crashed his own car and didn’t have enough insurance money to get it fixed, he walked/bussed and bummed rides for a year before he saved enough money for the car and INCREASED insurance premium. It was a humbling experience, and a priceless life lesson.”

    As parents and students continue the teen driver student driver debate this school year, many will turn to new car-installed technology, insurance discounts and defensive driving schools to determine the best fit for thier family situation.  

     When it comes time to buy a student driver a car, most will enlist a service like www.mycarlady.com to find the lowest price, safest car available for their first-time driver. 

    MyCarlady will continue this series of articles on TEEN driver awareness, so submit this form if you would like to receive the latest articles as they are released.

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  2. Toyota Truck vs Hyundai Sonata CRASH TEST RESULTS

    July 8, 2009 by My Carlady

    crashtestdummyThis is my own personal test crash results, as found in the bullpen of a local body shop. Toyota Tundra traveling 15mph hits a Hyundai Sonata also traveling at a low speed.  The Hyundai Sonata (original selling price of the v6 = $ 26k), sustained damage exceeding $10k. The insurance company decides to declare the Sonata a total loss.                Will the owner buy another Hyundai?                     DO they have GAP protection?  I hope so. 

    GAP protection is a separate insurance policy sold at the time of purchase by the dealership or by the car owner’s insurance company. If the loan amount is more than the insurance company payout, there’s a “gap”.  The GAP policy will cover the difference between what the insurance company will pay on the depreciated value of the 2008 Hyundai Sonata and what the owner still owes on the car loan. The GAP can amount to thousands of dollars, especially where negative balances from previous loans have been added to the new car OR where the new car depreciates very quickly, as noted in this case.  Auto leases are also subject to GAP protection. GAP protection is also valuable when a vehicle is STOLEN, never to be seen again.  (Recent cases of auto insurance fraud have been tied to owners invoking their GAP protection. But that’s a different story.)

    IN this economy, those consumers buying Hyundai’s, Kia’s, and soon to be discontinued makes and models: Saturn, Pontiac, Mercury, etc., should strongly consider adding GAP to their insurance if it’s not in their loan documents. There is no such thing as “replacement” value insurance on cars, so beware, a car accident (even one that’s not YOUR fault)  could cost you thousands of dollars without GAP protection.

    Other option: Buy a car that doesn’t depreciate 50% in one year, takes a hit and you can payoff quickly.


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    HAD an accident recently? Watch OUT for INSURANCE COMPANY BODY SHOP STEERING. CLICK TO READ MORE HERE!

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    NEED AUTO FINANCE HELP or CREDIT report repair go to http://www.ecreditadvisor.com/ tell them MY CARLADY: Sarah Lee sent you. It’s a free consult and they do the right thing by you, fast, easy, cheap.

    Top learn more about getting your best car deal click here: CAR DEALS

    Sarah Lee is an automotive executive with 20+ years of experience. She writes about cars, and is a staunch consumer advocate on car related subjects. Her company: MY CARLADY is a car buyer’s service committed to getting you the best deal on your next new or pre-owned vehicle. You can reach her at www.mycarlady.com

     



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