1. CASH 4 JUNKERS starts JULY 24th

    July 10, 2009 by My Carlady

    The CARS program (CASH 4 Junkers) will officially launch July 24th, 2009, so says the government’s toll-free information line.  Until then, steer clear of dealerships advertising the program as $4500 rebates good now. This will only add insult to your intelligence when you discover your trade-in value rebate is being added to the selling price of the new car.

    NOTE: there are many things you will need to do BEFORE racing to the dealership.

    1.   GO ONLINE and find out what your trade-in’s current COMBINED FUEL ECONOMY is, based on the listing posted on the NTHSA website. Print out a copy for your files.

    2.   GO ONLINE and research the various NEW CARS you are considering for their COMBINED FUEL ECONOMY. Also listed at this website.

    3.   Go to WWW.CARS.GOV  to determine exactly how much your rebate will be, based on the category of FUEL IMPROVMENT you will experience between your trade-in and the proposed vehicle you have decided to purchase.

    4.   Consider having your credit report reviewed and auto loan financing arranged BEFORE car shopping. This could save you hours of hassles and embarassment. If you need a credit pre-approval contact me for assistance.

    FROM THE www.cars.gov website:  “-As noted above, at the time of the transaction at the dealer, the consumer who is trading in the “trade-in vehicle” will need to provide evidence of ownership of the vehicle and proof that the vehicle has been continuously registered and insured to the same person throughout the last 12 months. To prevent repeated use of the program by the same person, we anticipate that the consumer will need to provide evidence of identity, such as a driver’s license, and permit that information to become part of the documentation of the transaction. The dealer will have every reason to avoid entering into a transaction for which the dealer cannot be reimbursed under this program. The dealer will be expected to verify that the vehicle being traded in and the vehicle being purchased or leased are both eligible under the program. This will entail, with regard to the trade-in, making sure that the registration and insurance information is accurate and that the vehicle is in drivable condition. For both vehicles, the dealer will need to verify their combined fuel economy.”… from cars.gov the OFFICIAL government website on the CARS program.

    HERE is an example of the comparison chart for old vs. new.  It saved me 1 gallon of fuel.

    2009 Jeep Liberty 4WD

     

    2002 Jeep Liberty 4WD

     

    Switch Units:
      Gallons/100 Miles
      Liters/100 km

    2009 Jeep Liberty 4WD
     
    2002 Jeep Liberty 4WD
    Compare Side-by-Side
             
      New EPA MPG  

    MPG ratings for 1985-2007 models have been revised More information.

    Regular Gasoline
    15
    City
    17
    Combined
    21
    Hwy
     
    Regular Gasoline
    14
    City
    16
    Combined
    18
    Hwy
     
     
         
     
    MPG Estimates from Drivers Like You
     

    Learn more about
    “Your MPG” With "Your MPG" you can calculate or share your                MPG                , and view estimates from other drivers.  Click to learn more

    User fuel economy estimates are not yet available for this vehicle
    Average based on 13 vehicles.
     
    16.3
     
    Lo  
    14
    arrow
      Hi
    21
    Disclaimer
     
    Fuel Economics
     
    Cost to drive 25 Miles
    $3.59
    $3.81
     
    Fuel to Drive 25 Miles
    1.47 gal
    1.56 gal
    Cost of a Fill-up
    $42.82
    -
    Miles on a Tank
    298 miles
    -
    Tank Size
    19.5 gal
    -
    Annual Fuel Cost*
    $2152
    $2288
    Based on 45% highway driving, 55% city driving, 15000 miles/year and Reg.: $2.44 per gallon
    Click to use your gas prices and annual miles
       
    Annual Petroleum Consumption
    (1 barrel=42 gallons)
    20.1 barrels
    21.4 barrels
     
     
    10.8
    11.4
    graph showing the tons of greenhouse gases
    3.5
    16.2
    graph showing the tons of greenhouse gases
    3.5
    16.2
     
     
    Score = 06
    All states except CA,MA,ME,NY,VT
    Score = 01
    All States
     
    Show Scores for California and Northeast States  
    Show Detailed Air Pollution Information  
    NA
     
    EPA Size Class
    Sport Utility Vehicle – 4WD
    Sport Utility Vehicle – 4WD
     
    Engine Size (liters)
    3.7
    3.7
     
    Cylinders
    6
    6
     
    Transmission
    Automatic 4-spd
    Automatic 4-spd
     
    Drive
    4-Wheel or All-Wheel Drive
    4-Wheel or All-Wheel Drive
     
    Gas Guzzler
    no
    no
     
    Turbocharger
    no
    no
     
    Supercharger
    no
    no
     
    Passenger Volume
    NA
    NA
     
    Luggage Volume
    NA
    NA
     
    NA
    NA
     
    NA
    CLKUP
     

    How are fuel cost estimates and miles on a tank determined?

    Fuel cost estimates are based on45% highway driving, 55% city driving, 15000 annual miles and the following fuel prices:

    Regular Gasoline: $2.44 per gallon

    You may customize these values to reflect the price of fuel in your area and your own driving patterns.

    Fill-up cost and the distance you can travel on a tank are calculated based on the combined MPG and the assumption that you will re-fuel when your tank is 10% full.


    What’s the difference between air pollution and greenhouse gas emissions?
    The Air Pollution score and Carbon Footprint measure different types of vehicle emissions. Air pollutants harm human health and/or cause smog. Carbon Footprint measures greenhouse gas emissions (primarily CO2) that impact climate change.


    Why do some vehicles have more than one air pollution score?
    Some vehicles are available in multiple emission versions that look the same but have different air pollution scores. Unfortunately, it is difficult to distinguish between similar models.If you click on the link “Show Detailed Air Pollution Information” above, it will display the emission standard and the 12-digit underhood engine ID. You can identify the cleaner car by matching the engine ID listed above to the Underhood Label Identification Number on the vehicle.Note: In some cases, manufacturers choose to certify identical vehicles to different emission standards. In these cases, the vehicles will have the same engine ID.


    The carbon footprint measures greenhouse gas emissions expressed in CO2 equivalents. The estimates presented here are “full fuel-cycle estimates” and include the three major greenhouse gases emitted by motor vehicles: carbon dioxide, nitrous oxide, and methane. Full fuel-cycle estimates consider all steps in the use of a fuel, from production and refining to distribution and final use. Vehicle manufacture is excluded. (U.S. Department of Energy, GREET Model 1.7, Argonne National Laboratory)NA – Not AvailableColor vehicle photographs have been provided by the vehicle manufacturers or their representative and are used with their permission. Black and white photographs are as published in Ward’s Automotive Yearbook(R), 1985-1999 and are used by permission of Ward’s Communications, a world leader in automotive information.

    DISCLAIMER: The user estimates shown above are based on data from Your MPG users rather than official sources. Since the source data cannot be verified, neither DOE nor EPA guarantees the accuracy of these estimates. this information was taken from the www.fuelgeconomy.gov. website as an example of my own vehicles.

    The 2002 Jeep Liberty Trade-in value is $6800.00 so getting $3500 on the CARS program doesn’t help me. It won’t take this gas hog off the road.  The dealership will resell it to cover my trade-in value. I’ll have to either drive it for another couple years or trade it for something with better fuel economy to really see a net savings.

    —————————————————————————————————————————————READ MORE ABOUT CASH FOR CLUNKERS HERE

    NEED AUTO FINANCE HELP or CREDIT report repair go to 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

     

     

     

     

     

    Doing these things AHEAD of TIME will SAVE you COUNTLESS hours and DOLLARS!  It would also help to have your credit reviewed and financing arranged, to spare yourself any embarrassment or hassles at the dealer.

    I f you need more information on credit PRE-APPROVAL, contact me at: www.mycarlady.com.

     

     


     

     

     


  2. SUMMER AUTO SALES showing SPARK

    June 4, 2009 by My Carlady

    Domestic and Foreign, New and Used, Luxury and basic transportation models are all showing signs of pent-up demand for auto dealers around the country.  Sparked in part by the bankruptcy of Chrysler and GM, 1800 pending dealer closings and promises of scarce inventory on popular models, consumers have flooded dealer showrooms filled with hope of scoring a “giveaway” deal.

    While rebates approach six and eight thousand dollars and interest rates hover between 0% and 5.99%, the eager car buyer is finding his trade-in severely under-valued and attractive financing options limited to those with superior [read:720 FICO] auto credit scores.

    “This has been the problem for the past 18 mos.” Jim M., LV Import/Domestic dealer,  laments.  “The clients are UPSIDE-DOWN (owe more than it’s worth) on their car, have little cash to put down, and the banks won’t finance the negative balance , plus the taxes and fees.”  

    National auto auctions are seeing record numbers of cars, including many brand new ‘08 and ‘09 models, direct from targeted Chrysler, Jeep, Dodge and GM dealers.  Used car prices have remained stable, even with the inventory influx, as demand for used cars has outstripped new car purchases the past year. Auto loans on used cars have been cut significantly, putting pressure on consumers to put down more cash, go longer term (avg. car loan is now 72 mos./6yrs.) and pay higher interest rates for less than perfect credit.

    GM and GMAC have promised to assist remaining Chrysler/Jeep/Dodge dealers with auto loan financing, yet the bankruptcy has put a halt to dealer agreements and buying.  Much of the sales spurt started with Memorial Day weekend, came from buyers with lease expiration’s, cash or positive trade-in equity. 

    As more American’s stay closer to home this summer, sales of vans and SUV’s continue to increase. With gas prices low, consumers are not shunning four day family drive-aways to the mountains and shores.its-a-bus

    Chrysler Town and Country, Toyota Sequoia, Nissan Armada and Honda Odyssey are best-sellers this summer season. Stow ‘n Go folks, summer selling season is upon us.interiortowncountry

    _______________________________________________________

    NEED AUTO FINANCE HELP or CREDIT report repair go to

    www.ecreditautoadvisor.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.

    www.ecreditautoadvisor.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.



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