Many people are put into task of deciding whether selling car is the right decision. The fact is that it is not easy to know when it is the right time to sell your car. However, when you have made a decision and want to sell that Ford Taurus, Land Rover, Audi, Jaguar, Mercedes, or Chevrolets, you need to search for the primed sell my car for free dealers or companies in order to get good cash value from it.
Selling car becomes a right decision if you are getting satisfaction out of it or it will help in a way than if you did not sell it. There are situations which compel you to sell a car such as when you are faced with a loan repayment problem. If you have borrowed a loan and you are rendered jobless as a result of redundancy, then you may not be able to repay that loan. If you are bankrupt, then you may not be able to meet your financial challenges.
At other times, you may want to sell a car in order to get cash to boost your business. These are viable reasons which are worth the need for selling the car. They will help you solve a financial problem. On the other hand, there are vehicle-maintenance related aspects which will prompt you to sell car. For instance, if your car has started experiencing mechanical problems such as oil leaks and burning oil from the tailpipe, this means that it is beginning to take up huge amounts in repairs.
Increasing costs of maintaining a vehicle is a good reason for selling car. Keeping it with you may only result to further financial losses through hefty repair costs. In addition, if the car is old fashioned and you want to go with the new models; you may also sell it to buy that latest model you find in the market. Most automobile owners keep their cars immobile for long. When a car does not run for a lengthy period of time, it develops problems.
A car that does not run for an extended period of time will begin to dry up its engine and transmission seals. These are costly repairs that can stretch your financial expenses. It is important to consider selling a car that is not in use and which has remained immobile for a long time. Otherwise you may have to sell a car at very low price.
Although there are good reasons for selling your car, there are also times when you should not sell that vehicle. If you have not identified a suitable buyer that can offer the value for your car, then you need not sell it. This can create emotional suffering when you realize that your “exit strategy” in selling the car was untimely.
You should first make sure you have identified a good buyer. You may have to advertise the car in several online automobile dealer sites. You may also need to contact auctioneer sites. In essence, selling car is a right decision if you have evaluated all the considerations and why you have to sell it and have ascertained that it is worthwhile trading it for cash. You may use the many but reputable sell car online companies that offer car selling dealership services.
Showing posts with label cars. Show all posts
Showing posts with label cars. Show all posts
Saturday, November 23, 2013
Selling My Used Car...Why Used Cars Sell Fast than New Ones
There is a correlation between the increased number of used car buyers and the depreciation aspect of cars. If I wanted to sell my car quickly, I would do that when it has depreciated in value but the depreciation ought not to have gone so high. The mileage a car has covered is one of the aspects used to determine its depreciation and this is an element that affects how I sell my used car. A car that has covered about 100,000 miles is at the peak level of usage where it can still fetch you some good money.
Car buyers have learned that when a car is newly bought from the manufacturer or automobile dealers, it loses much of its value in the first year. It is said that the depreciation of a car is steeper when it is new. The moment you drive a new car you have bought from a dealer, it loses a large amount of its value immediately.
From the dealer, you buy your car at the dealership price of a new vehicle and once you have driven it home, it has already lost so much in its value. When you examine this aspect hypothetically, you may argue that when purchasing the car, you pay a retail price. This is the price of a dealer. As soon as you take off from the lot, the car price turns to wholesale and this is the amount of money a dealer would be willing to pay for if you turned around and headed back to sell the same new car to the dealer.
The new car loses a big chuck of its value as you drive it off the lot and this amount is in form of the taxes you paid, the licensing and other costs, which are attached to brand new cars. This is money which is gone for good immediately you drive off the lot of the dealer. Charlie Vogelheim, an editor of Kelley Blue Book, said that "Just the difference between wholesale and retail prices is a large amount of what goes right away into waste,” and this is indeed true.
In addition, the same car loses about 15 to 20 percent of its value every year. The reason why the depreciation of the car is steeper when it is new is because the calculation of depreciation value is based on its current value. If you have a 1-year old used car, which is worth £10,000 and it loses 15% of its value each year, then it means that at the time it is 2 years old, it will be valued at £8,500.
At 3 years old, then its value would be £7,225. The amount in which the car depreciates reduces significantly as years advance. Many buyers avert this depreciation and buy the car when its value has gone down. This is one aspect which has resulted to increased demand in used motor vehicles that have covered around 100,000 miles. These are cars that are still in good condition and if reconditioned, they can offer good services.
If you are selling used car, you will be able to get a buyer easily as long as you advertise it through the different channels. Another aspect which is compelling people to buy used cars is because borrowers have been faced with financial challenges after the economic recession and may not be willing to spend a lot in buying brand new cars. This makes it also easy for you to sell used car. In essence, there are many market aspects that favor you when you are selling your car through the sell my car companies.
Car buyers have learned that when a car is newly bought from the manufacturer or automobile dealers, it loses much of its value in the first year. It is said that the depreciation of a car is steeper when it is new. The moment you drive a new car you have bought from a dealer, it loses a large amount of its value immediately.
From the dealer, you buy your car at the dealership price of a new vehicle and once you have driven it home, it has already lost so much in its value. When you examine this aspect hypothetically, you may argue that when purchasing the car, you pay a retail price. This is the price of a dealer. As soon as you take off from the lot, the car price turns to wholesale and this is the amount of money a dealer would be willing to pay for if you turned around and headed back to sell the same new car to the dealer.
The new car loses a big chuck of its value as you drive it off the lot and this amount is in form of the taxes you paid, the licensing and other costs, which are attached to brand new cars. This is money which is gone for good immediately you drive off the lot of the dealer. Charlie Vogelheim, an editor of Kelley Blue Book, said that "Just the difference between wholesale and retail prices is a large amount of what goes right away into waste,” and this is indeed true.
In addition, the same car loses about 15 to 20 percent of its value every year. The reason why the depreciation of the car is steeper when it is new is because the calculation of depreciation value is based on its current value. If you have a 1-year old used car, which is worth £10,000 and it loses 15% of its value each year, then it means that at the time it is 2 years old, it will be valued at £8,500.
At 3 years old, then its value would be £7,225. The amount in which the car depreciates reduces significantly as years advance. Many buyers avert this depreciation and buy the car when its value has gone down. This is one aspect which has resulted to increased demand in used motor vehicles that have covered around 100,000 miles. These are cars that are still in good condition and if reconditioned, they can offer good services.
If you are selling used car, you will be able to get a buyer easily as long as you advertise it through the different channels. Another aspect which is compelling people to buy used cars is because borrowers have been faced with financial challenges after the economic recession and may not be willing to spend a lot in buying brand new cars. This makes it also easy for you to sell used car. In essence, there are many market aspects that favor you when you are selling your car through the sell my car companies.
When is the Right Time to Sell my Car?
You may be wondering and asking yourself; when is the right time to sell my car? If you are put in such a situation, then there are general rules, which can help you answer this question. When you buy a car, it depreciates in value as you make use of it. There comes a time when the cost of maintaining and repairing the car becomes burdening. You can opt to sell used car in order to buy a new one.
Most cars, even if they undergo proper maintenance will begin to lose their reliability as well as their value when they hit the 150,000 miles. You need to understand that your car is over the hill when it has covered about 100,000 mileages. You will most likely be faced with problems even if you have good maintenance and therefore, you need to consider selling it.
In addition, it is always good to sell a car when you have got the right buyer. You can shorten the time taken to find a suitable buyer by advertising the car in multiple channels. You do not have to spend much on advertisements since there are sites, which offer such services for free. Sites like Craigslist, Gumtree, freeads.co.uk and oodle are also reputable places where you may advertise your automobile.
These sites get thousands of visitors in search of vehicles and these visitors can easily find your car if you place an ad on those sites. There are also other well known websites like Autotrader, which offer advertising services. Although this site may charge something for the ads you put there, this is not a large amount considering what you will get from the car and the time taken to find a suitable buyer.
Many people who visit these sites in search of cars are serious buyers and will most likely get in touch with you if they find that the car is interesting to them. A fee of about £10-15 may not be such a big amount compared to the money the car will fetch. You may also sell your car if you are faced with a financial setback and you do not have any other reliable source where you can get cash.
From the economic depression witnessed in many parts of the world including UK, many people were hit hard financially. Before the depression, there was an influx of loans granted to borrowers. It was not long before borrowers were hit by the economic crunch and this meant that they began facing problems in repaying loans.
If you are struggling repaying your loan, this may be the right time to sell car and settle the remaining amount. If you continue facing loan delinquencies, this might only result to more penalties and at last you may lose your valued property. Most vehicles, even with proper maintenance, will start to lose their reliability and their value after 150,000 miles. This is your first milestone in making the decision to find a new car.
If you have a car not in use or that which is not driven most of the times and lies in your parking lot, you need to know that after some years, you will get problems with it. A car that has sat for a lengthy period of time can dry up the seals in the engine and transmissions and this leads to costly repairs. Similarly, a car that has started experiencing oil leaks and smoking may not be worthy to retain.
A car that burns oil from the tailpipe as a result of worn out engine needs to be sold for something else like another car that is in a better condition. Usually the cost of repairs outweighs the value of the car when it starts experiencing these problems. There are other aspects which may compel you into not selling car such as pay off of a car loan is one of them.
The status of the pay off will help you determine whether it is the right time to sell a car. It is important that when you are paying off your car, you find out whether you are “upside down” on your car loan. What this means is that you may owe more on your vehicle than it is worth. This is surely an unfortunate reality with many vehicle owners. Apparently, these vehicle owners do not know when it occurs because they don’t follow up to know the status of their pay off and how it relates with the current value of their cars.
Selling car when the loan is upside down results to more financial problems, which you may not be able to absorb. What you may have to do is hang on with your car and keep it well maintained until the time this upside down status is over. You may consider refinancing your loan in order to help bridge that gap that is created by the upside down loan situation although the best advice is to hang on to your car. Otherwise, if you have every reason to sell it, consider the primed sell my car fast companies.
Most cars, even if they undergo proper maintenance will begin to lose their reliability as well as their value when they hit the 150,000 miles. You need to understand that your car is over the hill when it has covered about 100,000 mileages. You will most likely be faced with problems even if you have good maintenance and therefore, you need to consider selling it.
In addition, it is always good to sell a car when you have got the right buyer. You can shorten the time taken to find a suitable buyer by advertising the car in multiple channels. You do not have to spend much on advertisements since there are sites, which offer such services for free. Sites like Craigslist, Gumtree, freeads.co.uk and oodle are also reputable places where you may advertise your automobile.
These sites get thousands of visitors in search of vehicles and these visitors can easily find your car if you place an ad on those sites. There are also other well known websites like Autotrader, which offer advertising services. Although this site may charge something for the ads you put there, this is not a large amount considering what you will get from the car and the time taken to find a suitable buyer.
Many people who visit these sites in search of cars are serious buyers and will most likely get in touch with you if they find that the car is interesting to them. A fee of about £10-15 may not be such a big amount compared to the money the car will fetch. You may also sell your car if you are faced with a financial setback and you do not have any other reliable source where you can get cash.
From the economic depression witnessed in many parts of the world including UK, many people were hit hard financially. Before the depression, there was an influx of loans granted to borrowers. It was not long before borrowers were hit by the economic crunch and this meant that they began facing problems in repaying loans.
If you are struggling repaying your loan, this may be the right time to sell car and settle the remaining amount. If you continue facing loan delinquencies, this might only result to more penalties and at last you may lose your valued property. Most vehicles, even with proper maintenance, will start to lose their reliability and their value after 150,000 miles. This is your first milestone in making the decision to find a new car.
If you have a car not in use or that which is not driven most of the times and lies in your parking lot, you need to know that after some years, you will get problems with it. A car that has sat for a lengthy period of time can dry up the seals in the engine and transmissions and this leads to costly repairs. Similarly, a car that has started experiencing oil leaks and smoking may not be worthy to retain.
A car that burns oil from the tailpipe as a result of worn out engine needs to be sold for something else like another car that is in a better condition. Usually the cost of repairs outweighs the value of the car when it starts experiencing these problems. There are other aspects which may compel you into not selling car such as pay off of a car loan is one of them.
The status of the pay off will help you determine whether it is the right time to sell a car. It is important that when you are paying off your car, you find out whether you are “upside down” on your car loan. What this means is that you may owe more on your vehicle than it is worth. This is surely an unfortunate reality with many vehicle owners. Apparently, these vehicle owners do not know when it occurs because they don’t follow up to know the status of their pay off and how it relates with the current value of their cars.
Selling car when the loan is upside down results to more financial problems, which you may not be able to absorb. What you may have to do is hang on with your car and keep it well maintained until the time this upside down status is over. You may consider refinancing your loan in order to help bridge that gap that is created by the upside down loan situation although the best advice is to hang on to your car. Otherwise, if you have every reason to sell it, consider the primed sell my car fast companies.
Important Tips in Selling My Car for Cash...Buyers Looking Beyond the Traditions like Mileages Covered
If you want to sell car for cash, there are a number of things you have to check in order to ensure that you get the right buyers who are willing to offer something good for the car. You do not want to sell car only to realize that you sold it a very cheap price than you could have done. This is why it is advisable that you value your car before you sell it through the sell my car online companies or auctioneers.
Appraising the value of your vehicle ensures that you get good returns from the deal. One thing you need to do is prepare the car for sale. Once you decide that you want to trade the car for cash, you can give it an impressive look. If there are dents, scratches and some minor damages on the car, you can get them repaired.
By doing repairs, you may be surprised how that car can attract many buyers. Buyers are today looking for curb appeal in a car. Besides the traditional considerations, which car buyers make such as mileage covered and gasoline consumption; there are fundamentals that can add value to your car and enable you get something good out of selling car.
Another thing you need to do is clean it. You can have your car cleaned and valeted by a professional to give it that glittering touch. People want to be associated with their cars. They feel good when the car is attractive and very appealing to the eye. Another aspect you need to consider on how to sell car is advertising it in multiple channels.
Selling car fast and at the best prices can only be achieved if you advertise it in several automobile sites. This gives buyers an opportunity to find your car. Moreover, in the advertisements, you also need to place pictures and photos of the car. These photos provide a visual appeal, which can influence the buying behavior of customers. Photos also help the customers see the car they are out to buy.
In addition, you may also include your photo alongside the sell my car advert so that buyers know the real seller of the vehicle. Personality is something, which can influence the buyers to close a sale by buying your car. Getting the required documents can speed up the process of selling car. There are documents that will accompany your car when you are selling it and these are such as the receipt of acknowledgement.
Once a deal has been sealed, you have to write a receipt acknowledging that you have now transferred the ownership of the car to another person or a dealer. In the receipt, there is the date of transaction, amount paid, the make and model of your car, and the car registration. There are also names and addresses of the buyer and the seller.
You also need to fill the tear off part of your car registration document, which is the V5C. This document has to be sent to the Driver and Vehicle Licensing Agency (DVLA). This helps in that you detach yourself from being held responsible in the future of any motoring offense that may be committed by that vehicle.
You also need to finish the transaction by handing over the car handbook and service records. The MOT certificate is also handled over if it is over three years old. Any car warranty may also be handed over to the new buyer. In addition, you could trade your car in other sell my car quickly sites and avenues such as auctioneers. When you are selling car through auctioneers, you need to ensure that you sell through the primed auction companies.
Appraising the value of your vehicle ensures that you get good returns from the deal. One thing you need to do is prepare the car for sale. Once you decide that you want to trade the car for cash, you can give it an impressive look. If there are dents, scratches and some minor damages on the car, you can get them repaired.
By doing repairs, you may be surprised how that car can attract many buyers. Buyers are today looking for curb appeal in a car. Besides the traditional considerations, which car buyers make such as mileage covered and gasoline consumption; there are fundamentals that can add value to your car and enable you get something good out of selling car.
Another thing you need to do is clean it. You can have your car cleaned and valeted by a professional to give it that glittering touch. People want to be associated with their cars. They feel good when the car is attractive and very appealing to the eye. Another aspect you need to consider on how to sell car is advertising it in multiple channels.
Selling car fast and at the best prices can only be achieved if you advertise it in several automobile sites. This gives buyers an opportunity to find your car. Moreover, in the advertisements, you also need to place pictures and photos of the car. These photos provide a visual appeal, which can influence the buying behavior of customers. Photos also help the customers see the car they are out to buy.
In addition, you may also include your photo alongside the sell my car advert so that buyers know the real seller of the vehicle. Personality is something, which can influence the buyers to close a sale by buying your car. Getting the required documents can speed up the process of selling car. There are documents that will accompany your car when you are selling it and these are such as the receipt of acknowledgement.
Once a deal has been sealed, you have to write a receipt acknowledging that you have now transferred the ownership of the car to another person or a dealer. In the receipt, there is the date of transaction, amount paid, the make and model of your car, and the car registration. There are also names and addresses of the buyer and the seller.
You also need to fill the tear off part of your car registration document, which is the V5C. This document has to be sent to the Driver and Vehicle Licensing Agency (DVLA). This helps in that you detach yourself from being held responsible in the future of any motoring offense that may be committed by that vehicle.
You also need to finish the transaction by handing over the car handbook and service records. The MOT certificate is also handled over if it is over three years old. Any car warranty may also be handed over to the new buyer. In addition, you could trade your car in other sell my car quickly sites and avenues such as auctioneers. When you are selling car through auctioneers, you need to ensure that you sell through the primed auction companies.
Where to Sell My Car...How to Get the Most When Selling Car
There are many reasons why you would want to sell car for cash and one of them is that you may be faced with a financial situation where you need cash but cannot find a lender to grant you a credit facility. If you have borrowed a loan and somewhere down the line in your repayment plan, you are confronted with financial difficulties or you lose your job, repaying the loan becomes quite challenging. You can offset the remaining balance of your loan by selling car through sell my car deals.
Similarly, if you have an old fashioned car or a used vehicle that you do not need, you may sell used car to buy another new model. Regardless of the reason why you are selling an automobile, it is always important that you seek a primed dealer who can offer value for your vehicle. Some years ago, if you wanted to sell your car, it would be difficult and this was because the process of selling car was not very easy.
You could spend a lot of money on paid advertisement in newspapers and the dealers charged big commissions to have your car sold. However, today, things have changed and you can comfortably get your car sold in the same day if you have all the documents ready and you are willing to accept the price offer.
However, even with the easy process of selling car, there are other things you need to consider in order to ensure that you get good money from your vehicle. There are dealers who are willing to offer very attractive prices but also there are others who may take advantage of your bad financial situation and exploit you.
There are various free or cheap sites where you can advertise your car. Sites like eBay are primed of offering good platforms where you may sell car pretty fast and at the best value. In addition, there are auction sites, which are also good for selling your automobile. There are also paid advertising classified sites where you can pay minimal fees to have your car advertised to millions of buyers.
Autotrader is one of the revered sites in UK where you can place advertisements of your vehicle for buyers to find them. Because at times you may have a pressing need for liquid cash, this can compel you to wholesale a vehicle at lower price than the market value. No matter how pressing the situation may be, you need to take some time and do research on how much your vehicle is trading in the market currently.
There are good resources which can help you and they include the sell my car for free websites. You can search for similar models and see how much they are trading at from these sites. In addition, you can also check pricing information from resource sites like Black Book, the NADA guide and the Kelley Blue Book.
One thing you need to know is that automobile websites and pricing guide books may only offer you guidance on the range of price, which your car may trade at. For more precise pricing, you need to examine other factors in your car. The curb appeal, the mileage, as well as accessories and equipments you have installed in your car will determine how much you sell it. These aspects will determine the price you give to your vehicle and this can help you on how to sell car.
Similarly, if you have an old fashioned car or a used vehicle that you do not need, you may sell used car to buy another new model. Regardless of the reason why you are selling an automobile, it is always important that you seek a primed dealer who can offer value for your vehicle. Some years ago, if you wanted to sell your car, it would be difficult and this was because the process of selling car was not very easy.
You could spend a lot of money on paid advertisement in newspapers and the dealers charged big commissions to have your car sold. However, today, things have changed and you can comfortably get your car sold in the same day if you have all the documents ready and you are willing to accept the price offer.
However, even with the easy process of selling car, there are other things you need to consider in order to ensure that you get good money from your vehicle. There are dealers who are willing to offer very attractive prices but also there are others who may take advantage of your bad financial situation and exploit you.
There are various free or cheap sites where you can advertise your car. Sites like eBay are primed of offering good platforms where you may sell car pretty fast and at the best value. In addition, there are auction sites, which are also good for selling your automobile. There are also paid advertising classified sites where you can pay minimal fees to have your car advertised to millions of buyers.
Autotrader is one of the revered sites in UK where you can place advertisements of your vehicle for buyers to find them. Because at times you may have a pressing need for liquid cash, this can compel you to wholesale a vehicle at lower price than the market value. No matter how pressing the situation may be, you need to take some time and do research on how much your vehicle is trading in the market currently.
There are good resources which can help you and they include the sell my car for free websites. You can search for similar models and see how much they are trading at from these sites. In addition, you can also check pricing information from resource sites like Black Book, the NADA guide and the Kelley Blue Book.
One thing you need to know is that automobile websites and pricing guide books may only offer you guidance on the range of price, which your car may trade at. For more precise pricing, you need to examine other factors in your car. The curb appeal, the mileage, as well as accessories and equipments you have installed in your car will determine how much you sell it. These aspects will determine the price you give to your vehicle and this can help you on how to sell car.
Monday, November 18, 2013
Another Blow to Giant Automobile Makers... as Close to 3.4 Million Cars are Recalled
As giant automobile makers battle it out to gain supremacy in the market, their efforts are shadowed by the never ending car recalls, which are not only costly but also taint the reputation of the companies on quality assurance to consumers. It has been revealed that Japanese automakers including Nissan, Toyota, Mazda, and Honda are in the process of recalling close to 3.4 million units from defects found in airbags.
According to Hong Kong CNNmoney, the latest of the recalls are those from Toyota-TM in which more than 1.7 million cars are said to be recalled owing to airbag defects. An airbag is essential in that it minimizes the magnitude of an injury whenever a crash occurs. However, any defects in this crucial safety device in cars could lead to serious injuries if a crash occurred.
While Toyota was recalling 1.7 million units, with popular models like Camry, Matrix, and Corolla among the cars being recalled, on the other side, Honda is recalling 1.1 million vehicles, Nissan 480,000 autos, and Mazda 45,000. Insurance companies have been rallying for quality assurance on automobile manufacturer because this was causing great economic losses in term of road accident injuries compensations, which could otherwise be averted.
However, the most hit is the consumer who is placed in a risky situation of sustaining injuries, if not death, when an accident occurred due to malfunctioning airbags and other motor vehicle functionalities. In addition, the consumer was likely to pay high automobile premiums and this means that it is double tragedy for the innocent consumer. The recalls are not only on Toyota cars. Other mainstream companies in the automobile market have also found themselves in the same cutting sword.
Honda, Mazda, and Nissan have also been hit by this quality assurance blow. Honda-HMC is recalling more than 1.1 million cars. Honda automobile manufacturer said that the recall was necessary in order to replace defective passenger front airbag inflators. The company expressed concerns that it was possible that front airbag inflators in the vehicles affected would deploy with too much pressure.
Such pressure could cause the inflators casing to burst, something that could cause injuries. Most of the Honda cars, which are expected to be recalled, are those from the models between 2001 and 2003. Honda confirmed that it was aware of one incident where the inflator of the passenger front airbag had ruptured because of too much pressure.
Nonetheless, the company said that it was not aware of any deaths or injuries owing to the defects. According to Shino Yamada, Toyota spokeswoman, the airbags that are believed to have the defect were manufactured by a Japan-based supplier, Takata Corp. From the announcement of the recall, the shares of Takata sunk deeply and it was seen that at some point they had fallen by more than 15 percent.
However, the shares recovered to close down at 9 percent. In the US, the recall has brought some effects. Toyota’s largest cars recall was witnessed in 2009 and 2010 were it was estimated that 8 million cars were recalled for having a potential risk that involved the accelerator pedals. The latest recall hit the company, which is now trying to heal and restore its reputation for quality after that massive recall. In that previous recall, motor dealers were asked to suspend sales of close to eight models of cars and many other models were stopped for some time.
Sources:
http://money.cnn.com/2013/04/11/news/toyota-honda-airbag-recall/index.html
According to Hong Kong CNNmoney, the latest of the recalls are those from Toyota-TM in which more than 1.7 million cars are said to be recalled owing to airbag defects. An airbag is essential in that it minimizes the magnitude of an injury whenever a crash occurs. However, any defects in this crucial safety device in cars could lead to serious injuries if a crash occurred.
While Toyota was recalling 1.7 million units, with popular models like Camry, Matrix, and Corolla among the cars being recalled, on the other side, Honda is recalling 1.1 million vehicles, Nissan 480,000 autos, and Mazda 45,000. Insurance companies have been rallying for quality assurance on automobile manufacturer because this was causing great economic losses in term of road accident injuries compensations, which could otherwise be averted.
However, the most hit is the consumer who is placed in a risky situation of sustaining injuries, if not death, when an accident occurred due to malfunctioning airbags and other motor vehicle functionalities. In addition, the consumer was likely to pay high automobile premiums and this means that it is double tragedy for the innocent consumer. The recalls are not only on Toyota cars. Other mainstream companies in the automobile market have also found themselves in the same cutting sword.
Honda, Mazda, and Nissan have also been hit by this quality assurance blow. Honda-HMC is recalling more than 1.1 million cars. Honda automobile manufacturer said that the recall was necessary in order to replace defective passenger front airbag inflators. The company expressed concerns that it was possible that front airbag inflators in the vehicles affected would deploy with too much pressure.
Such pressure could cause the inflators casing to burst, something that could cause injuries. Most of the Honda cars, which are expected to be recalled, are those from the models between 2001 and 2003. Honda confirmed that it was aware of one incident where the inflator of the passenger front airbag had ruptured because of too much pressure.
Nonetheless, the company said that it was not aware of any deaths or injuries owing to the defects. According to Shino Yamada, Toyota spokeswoman, the airbags that are believed to have the defect were manufactured by a Japan-based supplier, Takata Corp. From the announcement of the recall, the shares of Takata sunk deeply and it was seen that at some point they had fallen by more than 15 percent.
However, the shares recovered to close down at 9 percent. In the US, the recall has brought some effects. Toyota’s largest cars recall was witnessed in 2009 and 2010 were it was estimated that 8 million cars were recalled for having a potential risk that involved the accelerator pedals. The latest recall hit the company, which is now trying to heal and restore its reputation for quality after that massive recall. In that previous recall, motor dealers were asked to suspend sales of close to eight models of cars and many other models were stopped for some time.
Sources:
http://money.cnn.com/2013/04/11/news/toyota-honda-airbag-recall/index.html
Sunday, November 17, 2013
Driverless Cars Set to Hit the Automobile Market By 2015
It is a curious anticipation for driverless cars to hit the market by 2015 but technology always amazes people. Rumour has it that driverless vehicles could actually be on the market by 2015. Different companies are at advanced levels of developing and testing driverless automobiles including the giants in the motor vehicle industry such as Ford, BMW, Audi, GM, Volkswagen, Google, and Volvo.
Google has taken a center-stage role in running a project dubbed Google driverless car which brings together technology advances for self driving cars. The project is led by Google engineer Sebastian Thrun among other big brains in the science and tech world. Google carried out successive tests that involved a fleet of an Audit TT and six Toyota Prii. The cars navigated over 140,000 miles across the streets and highways of California.
Apparently only one accident was witnessed during the test but this occurred in a rare testing occasion when a human was actually driving. Google also took another test featuring 1000 miles and during this testing, no accident was reported. The road to unveiling a truly driverless car seems to have progressed to greater heights.
The designers of these cars argue that they will eliminate accidents on roads, which have taken away lives of many motorists, pedestrians, and passengers. Many of the notorious accidents witnessed today arise from driver errors. The precision of driverless cars is expected to improve the flow of traffic, which is another daunting thing experienced in big cities and towns.
This means that the traffic jams may be reduced significantly. It is also thought that the cars would allow commuters to embark on other things when travelling such as sleep, read, work or make discussions while aboard the vehicle. As the innovative designing and testing automated cars in the market continues, Audi has voiced its ability to have a fully automated car on the market by 2015 however; this is subject to the wishes of the drivers and whether they are really prepared for such a big thing in just a few years to come.
In Las Vegas this year (2013), Audi made remarkable comments that it would have a technology that could be applied to remotely park cars in parking areas using smartphones or tablets and this is by 2015. These systems are a series of other technological developments that will have been unveiled before the grand launch of the driverless cars.
However, prior to the autonomous cars, the market is expected to get releases of semi-autonomous vehicles. This may happen in about few months and the use of the remote parking apps could be a step above the semi-autonomous cars. It is expected that towards the end of 2013, Mercedes-Benz will sell vehicles, which are capable of steering themselves in a lane.
The auto control systems are aimed at being in-charge of the car to avoid crashes. In the driverless cars, Google seems to be posing stiff competition as it has already begun testing its self-driven cars that use Google’s mapping system. However, the big challenge is whether car buyers will be willing to pay for such technology. And, as Dr Wolfgang Durheimer, a member of Audi’s board of management that handles matters pertaining to technical development says, it is a question of how much consumers will be willing to pay for the advanced self driven cars.
| Google's driverless cars an ongoing project |
Google has taken a center-stage role in running a project dubbed Google driverless car which brings together technology advances for self driving cars. The project is led by Google engineer Sebastian Thrun among other big brains in the science and tech world. Google carried out successive tests that involved a fleet of an Audit TT and six Toyota Prii. The cars navigated over 140,000 miles across the streets and highways of California.
Apparently only one accident was witnessed during the test but this occurred in a rare testing occasion when a human was actually driving. Google also took another test featuring 1000 miles and during this testing, no accident was reported. The road to unveiling a truly driverless car seems to have progressed to greater heights.
The designers of these cars argue that they will eliminate accidents on roads, which have taken away lives of many motorists, pedestrians, and passengers. Many of the notorious accidents witnessed today arise from driver errors. The precision of driverless cars is expected to improve the flow of traffic, which is another daunting thing experienced in big cities and towns.
| Driverless cars cockpit |
This means that the traffic jams may be reduced significantly. It is also thought that the cars would allow commuters to embark on other things when travelling such as sleep, read, work or make discussions while aboard the vehicle. As the innovative designing and testing automated cars in the market continues, Audi has voiced its ability to have a fully automated car on the market by 2015 however; this is subject to the wishes of the drivers and whether they are really prepared for such a big thing in just a few years to come.
In Las Vegas this year (2013), Audi made remarkable comments that it would have a technology that could be applied to remotely park cars in parking areas using smartphones or tablets and this is by 2015. These systems are a series of other technological developments that will have been unveiled before the grand launch of the driverless cars.
However, prior to the autonomous cars, the market is expected to get releases of semi-autonomous vehicles. This may happen in about few months and the use of the remote parking apps could be a step above the semi-autonomous cars. It is expected that towards the end of 2013, Mercedes-Benz will sell vehicles, which are capable of steering themselves in a lane.
The auto control systems are aimed at being in-charge of the car to avoid crashes. In the driverless cars, Google seems to be posing stiff competition as it has already begun testing its self-driven cars that use Google’s mapping system. However, the big challenge is whether car buyers will be willing to pay for such technology. And, as Dr Wolfgang Durheimer, a member of Audi’s board of management that handles matters pertaining to technical development says, it is a question of how much consumers will be willing to pay for the advanced self driven cars.
Lamborghini Veneno: the Spiking Power Acceleration and Speeds of the Veneno
The Veneno engine is modelled out from the Lamborghini Aventador LP-700 and it is the world’s most outstanding sports car with cartoonish design but 275 pounds lighter than the Aventador. This Lamborghini for sure, is the poster you will find pinned on walls by children. It can accelerate from 0 to 60 mph in as short as 2.8 seconds with a top speed of 221 mph (355kmph). The Veneno was unveiled at the Geneva Motor Show with a lamborghini price tag of $3.9 million and apparently all the cars are already sold out.
A total of four cars were built and three sold while one referred to as number 0 was designed as a test vehicle and is the one displayed at Geneva. The display Veneno car bears all three colours of the Italian flag. The other three cars that are sold out each feature a single colour of the Italian national flag that is; red, white and green.
The interior of the car is designed of carbon fibre with grey metallic look for the body. The design of the Veneno is derived from Lamborghini Aventador that has a horsepower of 691 compared to Veneno’s 750 horsepower. The Veneno has a 6.5-liter V12 engine the same as the Aventador’s engine. In addition, Veneno has seven speed transmission and permanent all-wheel-drive.
The hypercar has been built from decades of aerodynamics research. In fact, a seven year old kid was hired to design the visual look of the car something that demonstrates why this is the car poster to find pinned on walls by children. The 220 mph hypercar had its name coiled from a legendary lethal bull fighter ‘Veneno’ which was the strongest and most aggressive bull.
Veneno bull was one of the fastest bulls in history of bull fighting. Its name become famous after the bull gored to death José Sánchez RodrÃguez at Sanlúcar de Barrameda's arena in 1914. The Veneno car aerodynamics is pegged on that power of a bull. The engine of the car has larger intake path with highly optimized thermodynamics coupled with more rated engine’s crankshaft measure or revolutions per minute (rpm).
Its light weight is achieved from the super strong carbon fibre material that forms the monocoque or the single cell chassis along with the outer skin. The car has aluminium sub-frame, and scissor design doors that open up and out. The front end of the car is designed to function as a massive aerodynamic wing, which helps keep the car pinned to the ground when cruising at the super high speeds.
Among the three personalities who bought the Veneno cars are current owner of Lamborghini Long Island and former customer of Ferrari, Antoine Dominic, and Managing Director of Tequesta Investments from Florida, Kris Singh. These guys spend $4 million each to own two of the three Veneno hypercars that were designed for sale. In total, only four Veneno cars were built with three sold out and one at the display show in Geneva.
Other specifications of Lamborghini Veneno
• Automatic shift system
• 7 gear system
• Curb weight of 3,190 lb
• 4 valves per cylinder
• Permanent all-wheel-drive
• Gas fuel
• V12 engine cylinders
• Displacement 6500cc
• No air compressor
In essence, the Veneno design brings out an exceptional aerodynamics and cornering ability with optimum downforce and less dragging effect. It has a perfect cooling system ideal for the high performance engine. The car has 20 inch front alloy wheels and 21 inch rear wheels fitted with fibre ring around the rims that functions like a turbine thus delivering additional cooling air to cool the extreme power carbon-ceramic brake system discs when they get hot.
In addition, the Veneno has razor-sharp lines, four large exhaust end pipes separated by a splitter, and an arrow-shaped front as well as an adjustable rear wing. What a fantasy car design and power of the Lamborghini Veneno?
| Lamborghini Veneno |
A total of four cars were built and three sold while one referred to as number 0 was designed as a test vehicle and is the one displayed at Geneva. The display Veneno car bears all three colours of the Italian flag. The other three cars that are sold out each feature a single colour of the Italian national flag that is; red, white and green.
The interior of the car is designed of carbon fibre with grey metallic look for the body. The design of the Veneno is derived from Lamborghini Aventador that has a horsepower of 691 compared to Veneno’s 750 horsepower. The Veneno has a 6.5-liter V12 engine the same as the Aventador’s engine. In addition, Veneno has seven speed transmission and permanent all-wheel-drive.
| Lamborghini Veneno |
The hypercar has been built from decades of aerodynamics research. In fact, a seven year old kid was hired to design the visual look of the car something that demonstrates why this is the car poster to find pinned on walls by children. The 220 mph hypercar had its name coiled from a legendary lethal bull fighter ‘Veneno’ which was the strongest and most aggressive bull.
Veneno bull was one of the fastest bulls in history of bull fighting. Its name become famous after the bull gored to death José Sánchez RodrÃguez at Sanlúcar de Barrameda's arena in 1914. The Veneno car aerodynamics is pegged on that power of a bull. The engine of the car has larger intake path with highly optimized thermodynamics coupled with more rated engine’s crankshaft measure or revolutions per minute (rpm).
| Lamborghini Veneno |
Its light weight is achieved from the super strong carbon fibre material that forms the monocoque or the single cell chassis along with the outer skin. The car has aluminium sub-frame, and scissor design doors that open up and out. The front end of the car is designed to function as a massive aerodynamic wing, which helps keep the car pinned to the ground when cruising at the super high speeds.
Among the three personalities who bought the Veneno cars are current owner of Lamborghini Long Island and former customer of Ferrari, Antoine Dominic, and Managing Director of Tequesta Investments from Florida, Kris Singh. These guys spend $4 million each to own two of the three Veneno hypercars that were designed for sale. In total, only four Veneno cars were built with three sold out and one at the display show in Geneva.
| Lamborghini Veneno |
Other specifications of Lamborghini Veneno
• Automatic shift system
• 7 gear system
• Curb weight of 3,190 lb
• 4 valves per cylinder
• Permanent all-wheel-drive
• Gas fuel
• V12 engine cylinders
• Displacement 6500cc
• No air compressor
In essence, the Veneno design brings out an exceptional aerodynamics and cornering ability with optimum downforce and less dragging effect. It has a perfect cooling system ideal for the high performance engine. The car has 20 inch front alloy wheels and 21 inch rear wheels fitted with fibre ring around the rims that functions like a turbine thus delivering additional cooling air to cool the extreme power carbon-ceramic brake system discs when they get hot.
In addition, the Veneno has razor-sharp lines, four large exhaust end pipes separated by a splitter, and an arrow-shaped front as well as an adjustable rear wing. What a fantasy car design and power of the Lamborghini Veneno?
Saturday, November 16, 2013
The Super Sports Hypercars... Lamborghini Veneno vs Bugatti Veyron
Lamborghini Veneno and Bugatti Veyron are two super sport cars that have been designed to demonstrate the power of engine performance, precision driving and high speed. When comparing lamborghini veneno vs bugatti, there are distinct features, which remarkably describe these super machine cars.
Lamborghini veneno is the most expensive sport car selling at $3.90 million. Built in Italy by Automobili Lamborghini S.P.A, this car was redesigned based on the Aventador models and was a symbol of commemoration of the 50th Lamborghini anniversary. The engine of the car was an advancement of the predecessor Aventador's 6.5 L V12 engine. Three cars have already been produced.
For the Bugatti Veyron, this grand sport vitesse is extremely fast and it attains stratospheric speeds at relatively very short time interval. Bugatti can attain a 60 mph time in just less than 2.6 seconds. Bugatti Veyron is a grand sport car manufactured in France by the Bugatti Automobiles S.A.S. It is selling at $1.5 million and already 300 cars have been manufactured. Looking at the design, performance, power, and speed of these two cars, it can be said that they are both dominantly superfast hyper sport cars.
Lamborghini veneno vs bugatti road speeds
Veneno has record a top speed of 221 mph when compared to the Veyron’s top speed of 253 mph. This means that bugatti veyron is the fastest car that can attain a 0-60 mph speed in just 2.7 seconds. On the other hand, Lamborghini Veneno is able to attain the 60 mph speed at trailing 0. 1 seconds from veyron speed of 2.7 seconds meaning that it attains the 60 mph speed at just 2.8 seconds.
Bugatti veyron vs lamborghini veneno engine, performance and design features
Developed from the Aventador's 6.5 L V12 engine, the Lamborghini Veneno engine produces a 750 PS meaning 552kW and 740 bph. The Lamborghini Veneno has got an enlarged intake paths coupled with optimized thermodynamics which together with a high rated exhaust system, rpm and lower back pressure produce a horsepower of 750.
Veneno is more costly to own at almost 2.5 times more expensive than Veyron. In addition, Veneno is much lighter with a curb weight of 3,190 lb when compared to Veyron’s 4,162 lb weight. Therefore, Lamborghini Veneno is more than 20 percent lighter, which means a less inertia to overcome as it accelerates.
Moreover, Bugatti Veyron has a bigger and more powerful engine. With a 7,993 cc engine compared to Lamborghini Veneno 6,500 cc engine, it means that Veyron has more than 20 percent bigger engine. In addition, the Veyron’s 987 horsepower powertrain (hp) at 6,500 rmp compared to Veneno’s 740 hp engine power means that Bugatti Veyron has more than 30 percent stronger engine.
Lamborghini veneno vs bugatti interior and exterior designs
The Bugatti Veyron 16.4 has superb leather, and quality metallic trim. With an aluminium front and a combination of stainless steel and carbon fiber back, it is such a beautifully designed hypercar. Lamborghini veneno is designed with use of carbon fiber which extends to the interior of the car as it is visible in the sills and central tunnel areas. The cockpit is designed of woven carbon-fiber. In addition, the car is also equipped with bucket seats that are designed from patented Forged Composite of Lamborghini.
In essence, Lamborghini veneno vs bugatti seem to compete in speed, power, and performance though Bugatti Veyron has slightly more power and larger engine. Nonetheless, Lamborghini Veneno trades at a high price with only 3 cars built compared to 300 Bugatti Veyron units manufactured.
Lamborghini veneno is the most expensive sport car selling at $3.90 million. Built in Italy by Automobili Lamborghini S.P.A, this car was redesigned based on the Aventador models and was a symbol of commemoration of the 50th Lamborghini anniversary. The engine of the car was an advancement of the predecessor Aventador's 6.5 L V12 engine. Three cars have already been produced.
| Lamborghini Veneno |
Lamborghini veneno vs bugatti road speeds
Veneno has record a top speed of 221 mph when compared to the Veyron’s top speed of 253 mph. This means that bugatti veyron is the fastest car that can attain a 0-60 mph speed in just 2.7 seconds. On the other hand, Lamborghini Veneno is able to attain the 60 mph speed at trailing 0. 1 seconds from veyron speed of 2.7 seconds meaning that it attains the 60 mph speed at just 2.8 seconds.
 |
| Lamborghini Veneno |
Bugatti veyron vs lamborghini veneno engine, performance and design features
Developed from the Aventador's 6.5 L V12 engine, the Lamborghini Veneno engine produces a 750 PS meaning 552kW and 740 bph. The Lamborghini Veneno has got an enlarged intake paths coupled with optimized thermodynamics which together with a high rated exhaust system, rpm and lower back pressure produce a horsepower of 750.
Veneno is more costly to own at almost 2.5 times more expensive than Veyron. In addition, Veneno is much lighter with a curb weight of 3,190 lb when compared to Veyron’s 4,162 lb weight. Therefore, Lamborghini Veneno is more than 20 percent lighter, which means a less inertia to overcome as it accelerates.
Moreover, Bugatti Veyron has a bigger and more powerful engine. With a 7,993 cc engine compared to Lamborghini Veneno 6,500 cc engine, it means that Veyron has more than 20 percent bigger engine. In addition, the Veyron’s 987 horsepower powertrain (hp) at 6,500 rmp compared to Veneno’s 740 hp engine power means that Bugatti Veyron has more than 30 percent stronger engine.
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| Bugatti Veyron |
Lamborghini veneno vs bugatti interior and exterior designs
The Bugatti Veyron 16.4 has superb leather, and quality metallic trim. With an aluminium front and a combination of stainless steel and carbon fiber back, it is such a beautifully designed hypercar. Lamborghini veneno is designed with use of carbon fiber which extends to the interior of the car as it is visible in the sills and central tunnel areas. The cockpit is designed of woven carbon-fiber. In addition, the car is also equipped with bucket seats that are designed from patented Forged Composite of Lamborghini.
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| Bugatti Veyron |
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