Car News – AutoGeeze | Latest Sport Car News Insurance Wallpapers Rentals Prices Parts and Reviews https://www.autogeeze.com Bringing super sports cars at your own showroom Wed, 13 Feb 2019 14:26:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 Is a car loan the same as a personal loan? https://www.autogeeze.com/2018/12/is-a-car-loan-the-same-as-a-personal-loan.html Fri, 21 Dec 2018 13:52:54 +0000 http://www.autogeeze.com/?p=10515

Let’s face it, there’s nothing more convenient than being able to drive to and from any place you want. However, considering your current daily expenses, buying a car, whether brand new or second-hand, may be problematic. For this reason, taking out a loan could be your best bet.

The most common loans to choose from are car loans and personal loans. Assuming you’re able to provide all the requirements needed for each one, it is fairly easy to get one. Today, applying for either personal or car loans is mae much easier thanks to online applications. You can easily look at car loan rates and figure which choice is the best for you.

But what is the main difference between the two?

Personal Loans versus Car Loans

There are two kinds of personal loans, secured and unsecured. The former requires you to secure your loan against something of value like your house so that the lender can seize ownership of the asset if the loan is not repaid. The latter, on the other hand, considers only your credit status.

Car loans is a kind of personal loan used solely for the use of purchasing cars, as the name implies. It becomes a secured loan if you put up your car as the asset of value in the event that you are not able to repay the loan. This type of loan considers the depreciation value of the car over time and may require you to make a downpayment early in the term. Just like mortgages, the lender technically owns your car until you have made the final payment.

Important things to consider

Before you choose one on a whim, make sure you know the details involved in each type of loan. Consider the following items first:

Terms of payment

Look at how much you need to pay monthly and see if it falls within your budget. What you want is a monthly payment with low interest so that paying for the car would not put a dent in your expenses. You should also look at the payment terms. Note that longer payment terms will most likely have a lower monthly payment amount, but will have a higher interest over the agreed loan term. On the other hand, short payment terms have higher monthly payments, but will have less interest since you will have paid the principal rate immediately.

Interest rates

Interest is what you pay the lender for providing the payment to purchase your car. The amount is usually based off of the car’s list price and your current financial status. Personal loans have higher interest rates than car loans, but it can still be lowered if it is a secured personal loan.

Credit score

If you decide on getting a personal loan, make sure that you have good credit standing. The lender will want to see if you have the capacity to make the monthly payments or have a history of not paying debts. In case you have a less than ideal credit score, you try your chances in getting a car loan instead; but do note that they can increase the interest rate because of it.  Regardless of the type of loan you choose, make sure you have good credit standing so that the lender feels at ease.

Consider all of these before settling on a loan type. You should also look for other lenders and compare interest prices and term flexibility. This can help you see which can fit in your current financial situation and allow you to make the payments without any problems.

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5 Car Maintenance Tips to Keep You on the Go https://www.autogeeze.com/2018/12/5-car-maintenance-tips-to-keep-you-on-the-go.html Wed, 12 Dec 2018 13:52:13 +0000 http://www.autogeeze.com/?p=10498

If discovering the wheel was the one achievement that made us humans, the smartest of all the living species, the idea of putting four wheels together certainly did make us the fastest. Yes, we are talking about cars and boy, aren’t they work of beauty!

With a car in your garage, you can go anywhere you want to, at any time you want to. Stereo blaring, your rooftop or car windows rolled down, the wind in your hair, and there you are, living life to the fullest. However, that paint job on your car won’t remain glossy forever if you don’t wash and wax it regularly or that engine may not come to life in the morning, as you turn on the ignition, because cars, like us humans, need to be looked after and pampered.

Just as we eat, go out for jogs, maintain personal hygiene, go for regular medical check-ups and take naps, to stay healthy, cars too need to be regularly taken care of, so that they continue to remain on the roads and out of the repair shop. To help, here are a few essential tips to help keep your beloved four-wheeler in peak condition.

Listen to Your Car

Agreed, not everyone can be an expert car mechanic. In reality, you may know very little about cars; however, anyone can catch something that happens out of the ordinary. A bent, swollen or flat tyre. A scratch by your door. A crack in your windshield. Anything.

Being on a lookout would enable you to identify any faults in time before they escalate into a trip down to the workshop. For example, if you continue driving with a bad tyre, it can severely damage your car’s suspension and rims. Therefore, you must keep a regular tab on the threads to make sure they aren’t threadbare, or the rim isn’t bent. Also, a worn-out wiper would cause significant scratches on the windscreen, if left undetected for long. Overall, you need to make it a point to listen to your car and spot any anomaly at the very first occurrence.

Take a Peek Under the Hood

All the crucial parts of your vehicle lie under the bonnet, be it the engine, battery, wires, hoses, fluids or belts. Therefore, it’s a no-brainer that you need to check under the hood more often than not. For example, experts recommend that you change the oil between 12,000 and 15,000 km. Most modern-day cars feature an oil-life monitor gauge to help you identify, when is the next scheduled oil change. Moreover, these fluids have dipsticks; therefore, it becomes easy to check their levels and quality periodically. You must also keep a close on eye on the belts for any wear or fraying on the edges while looking out for any oil leaks or loose wire connections.

Make Sure that the Wheels are Fine

If the engine is the heart of any car, its wheels can easily be the limbs, and you wouldn’t want the limbs to be frail or in bad shape. First, you need to make sure that your four-wheeler’s tyres have the optimal air pressure and are not under-inflated or over-inflated. While under-inflated tyres put you at high risk of rim damage or a blowout, over-inflated ones pose the threat of bursting. Moreover, under-inflated tyres can decrease your car’s mileage. Hence, you would have to get the tyre pressure checked at least every two weeks. You can also refer to the manual and check the optimal PSI rating for your tyres yourself, with a gauge.

Also, you should periodically check for any worn-out treads, optimal tyre rotational levels, tyre alignment and brakes’ condition. If anything feels out of place, be sure to get your car to a mechanic.  

Keep Your Car Clean

You must take some time over weekends to clean, polish and rust-coat your car to protect it from the elements. Be it bird droppings, dead moths or dirt, these elements can accumulate on your car layer by layer and ruin its visual appeal. The paint of your car would eventually get dull with time; therefore, you may give it a newer look by applying polish and elbow-grease, once a week. Moreover, you can use a soft cloth or sponge with a non-abrasive cleanser, made especially for cars to wipe off the dirt trapped on to the body and clean the glass surfaces of the car including the windows and the windscreen.

Go for Scheduled Maintenance Appointments

Given our hectic schedules, it may become tedious to check on your car. However, you must take care not to miss your scheduled car service appointments. Your vehicle’s user manual would contain information about the scheduled maintenance services. Usually, these maintenance services involve checking or replacing minor body parts such as wires, spark plugs, and timing belts along with any replacement of significant parts as and when required. Also, regular servicing would ensure that your car runs efficiently and safely, and maintains a unique value, should you want to resell it.

Like any other piece of equipment in your home, your car too starts demanding a little attention once it gets older. Therefore, you need to diligently work towards keeping your car in peak condition and maintaining its asset value. It doesn’t matter if you aren’t an expert on four-wheeler anatomy, but you need to be aware of some essential car maintenance tips that can help you keep your car running as new. Another factor that helps protect your car’s value as an asset and reduces your burden of maintaining them is vehicle insurance. With a comprehensive vehicle insurance policy under your belt, you can not only protect your car against accidental damages but also protect yourself and your family from any harm and incurred medical expenses. Remember, better the condition of your vehicle; nicer would be the feel of taking those long drives down the freeway.

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The biggest driving distractions and how to avoid them https://www.autogeeze.com/2018/11/the-biggest-driving-distractions-and-how-to-avoid-them.html Mon, 26 Nov 2018 13:35:07 +0000 http://www.autogeeze.com/?p=10492

Road traffic accidents can be caused by a number of factors, however, one of the most common causes of road traffic accidents is distracted driving. In 2016, out of 1445 fatal crashes, 140 of those were caused by distractions while driving, according to government statistics.

Anything that involves taking your eyes and hands off the road is known as a distraction. To make you aware of what can cause an accident, we have listed the biggest offending driving distractions and what to do to avoid them.

Mobile phones

Drivers who use a mobile phone are four times more likely to crash, injure or kill themselves than other people, according to research led by the NHTSA. Talking, texting, answering calls on a mobile phone are all distractions which take your eyes off the road. Avoid an accident by keeping your mobile phone out of sight and on silent so it doesn’t distract you. Use Bluetooth rather than requiring handheld use.

Reaching for objects

Reaching for something from the front or backseat can cause a serious accident, as it involves taking your hand and eyes off the road to retrieve the object. If you do need to reach over to get something, wait until it is safe to pull off the road to get it.

Food and drink

Did you know that eating or drinking while driving could result in a £100 fine and three points applied to your licence? Unwrapping, eating food and drinking while driving are dangerous distractions as they involve taking at least one hand off the wheel. If you need to eat a snack or have a drink, find a safe place to pull over.

Music

Although music can be a large part of the driving experience, the downside is that it can significantly affect the quality of your driving if the volume is too high. Loud music in the car can make you less aware of external sound sources that would usually alert you in a quiet car. Changing radio stations can also distract you from driving. Keep your attention on the road by maintaining a low volume and only adjusting the music before you set off on your journey or when you stop.

Passengers

Passengers, including children and pets, can be a major distraction for drivers. To reduce the risk of distraction, think about how the children can keep themselves entertained with toys or audio books to avoid them distracting the driver. Pets must be suitably restrained in your car – a pet seatbelt or carrier will keep your pet away from the driver and will help to keep them safer in a car accident.

By limiting the distractions in the car, you can make sure that your attention is on the road and that everyone in the car is safe in the driver’s hands. If you need to do something that’s distracting, find a safe place to pull over first.

Author Bio: Thompsons Solicitors is one of the top law firms in the UK that specialise in personal injury. Our solicitors have extensive experience in running and winning road accident claims for drivers, pedestrians and cyclists who have been injured on the roads.

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The evolution of car technology https://www.autogeeze.com/2018/11/the-evolution-of-car-technology.html Thu, 01 Nov 2018 14:06:09 +0000 http://www.autogeeze.com/?p=10488
We’ve come a long way since the Benz Patent Motor Car and the developments made recently have heightened our love for driving — from electric car windows to reverse-camera technology! But, perks such as these haven’t always been a given. Exactly who invented the first-ever automobile may be up for debate — many believe it was Karl Benz — but what can’t be argued is that it certainly didn’t resemble the hi-tech vehicle we use today.

Created in 1885, the Benz patent Motor Car was powered by just one single cylinder four-stroke engine — revolutionary for its time. Fast forward 133 years and your typical petrol-fueled economy car has either three, four or six cylinders.

Here, we look at car developments throughout time and how technology has changed the car industry. After all, as technology keeps advancing, so too will the car we drive.

The upgraded car radio

You can’t deny that as soon as you enter the car door, you stick your heaters on and tune into your favourite radio station. While this is second nature to us these days, it was first introduced to our vehicles in 1930.

Pioneered by Paul and Joseph Galvin and William Lear, this allowed motorists to have access to the AM radio. Compact cassettes arrived on the scene in the 1960s, before car stereos started to rival home versions for their sound quality in the 80s. Nowadays, a lot of drivers connect their own music systems – often their mobile phones – to listen to their favourite tunes, and if we don’t, many car radio systems are now touchscreen.

The essential anti-lock brakes

Anti-lock braking systems haven’t always been a required safety feature of a car. ABS’s development has been a long process since first being a concept in the 1920s. Until the 1950s, the system was primarily used on aircrafts, but by the 60s, car manufacturers began to experiment with the technology. It wasn’t until the 90s that ABS and related systems became commonplace.

The lifesaving parking sensors

Parking sensors are still relatively new to most cars as not every vehicle has them. However, they first burst onto the scene in the 70s and were originally supposed to be guidance devices for the blind.

Simply put, these parking sensors are positioned on the vehicles bumpers and can detect any obstacles using ultrasonic technology. This device become widely used in the early 2000s and is now the most common and basic parking system available.

The love of camera technology

You can’t deny that cameras are now a main selling point for cars. Whether it’s a dash-cam to record everything that is happening around you – where there’s blame there’s a claim, right? – or reverse cameras to help you park, these are really becoming a staple addition to any new car.

But opposed to what most drivers think, they’ve been around for a while. In 1956, Buick’s Centurion concept car included the technology. However, again like parking sensors, this helpful tool wasn’t used mainstream until the turn of the millennium.

The importance of on-board diagnostics

At one time, your car could break down and you wouldn’t know why — but not now. Since 1994, on-board diagnostics have been able to indicate to us that there is a problem before it’s too late. We may not know what the symbols always mean, but by detecting a fault or an issue, we are able to seek the help to fix the problem before it causes further issues.  

The rise of electric cars

Electric vehicles are only becoming popular, but were introduced over a century ago. By 2030, the UK’s government has proposed that three-fifths of cars sold should be electric.  Whether this target is met remains to be seen, but with dealerships ready to introduce the new electric version of the popular Corsa to their fleet next year, it’s clear that many manufacturers realise the importance of the electric car’s future.  

You can’t deny that there have been many changes over the years that have changed the way we get around. With plans in place to have fully autonomous cars rolled out as soon as 2021, it’s clear that technology will never cease to change the car industry — find out more from expert Vauxhall dealers today. The invention would mean that in less than 150 years, we would have gone from our first car to our maiden autonomous car. Now that is fast!

 

Sources
http://www.totalcardiagnostics.com/learn/how-technology-has-changed-the-car-industry/
https://en.wikipedia.org/wiki/History_of_the_automobile
http://www.carbuyer.co.uk/tips-and-advice/146778/engine-size-explained
https://www.confused.com/on-the-road/gadgets-tech/parking-technology-brief-history
https://www.energy.gov/articles/history-electric-car
https://news.jardinemotors.co.uk/lifestyle/the-history-of-car-technology
https://itstillruns.com/history-abs-brakes-5042665.html

 

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8 Tips for Protecting Your Truck from Environmental Factors https://www.autogeeze.com/2018/10/8-tips-for-protecting-your-truck-from-environmental-factors.html Wed, 31 Oct 2018 14:29:20 +0000 http://www.autogeeze.com/?p=10483

Every vehicle requires some form of protection against the harsh environmental condition. If you are wondering how best you can protect your car, here are some pointers on how to efficiently do that.

Wash It

Just the same way you keep your inside clean, it’s imperative to ensure the outside of your car is clean as well. There are numerous dirt particles floating around in the air such as mulch and pollen. If dirt sticks to your car, the heat could cause the dirt to dull your paint. Wash your car regularly to get rid of these small particles and dry thoroughly with a soft cloth.

Do Not Neglect the Paint

Neglecting the paint of your car is often a common error people tend to make. If you protect your car paint properly, there’s a possibility it will be resistant to external elements. This will also mean that you’ll be in a position to save greatly by avoiding expensive repairs with car paints.

Wax Your Car

The rule of thumb is that as long as fresh water drips off your car paint normally, you’ll not need to do any fresh waxing. Nevertheless, if your car has been exposed to external elements for long, then you will be required to wax it. To be on the safe side, you may wax your car during the spring and again before winter.

Windshield Sun Shade Cover

Your car’s dashboard, the steering wheel, and the upholstery are often subjected to extreme heat during hot days. To prevent them from being heated in the sun, you are advised to use a sunshade cover. This device will help you cut the sun rays and reduce the amount of heat entering through your windshield.

Custom Car Covers

Although a cover that generally fits all cars is cheaper, going for a custom car cover offers the snug fit because they are specifically meant for your vehicle’s particular model. These kinds of covers are usually equipped with a locking system at the bottom. That way, it can hold firm and prevent any movements resulting from the wind.

Movements and Vibrations

To protect different parts of your vehicle from colliding during vibrations or movements, it is important that appropriate gadgets are utilized. The rubber bellows provide sufficient protection from these movements. Moreover, their high flexibility makes these gadgets ideal for compensating misalignment. Therefore, to ensure the longevity of your car parts such as the engine, you need to ensure you utilize quality rubber bellows.

Protect Against Rust

As a car owner, you are advised to assess your car for rust more often. The external painted parts of your automobile will show rust when the paint blisters up.  There are three sections to check out for rust: the car’s undercarriage, the trunk and engine, and the external painted part.

Carry Out Periodic Check-up

At the start of every season, make sure you take your car for a check-up. You want to ensure the battery, the belts, the engines, and the AC are in their perfect condition. Also, request the mechanic to check your air filters for dust and debris as these could easily be stuck in the ducts.

Conclusion

With the few, simple tips, it is possible to guard the safety and appearance of your automobile from the environmental factors. Keeping your vehicle protected implies having more fun in the sun!

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5 Christmas present ideas for motoring enthusiasts https://www.autogeeze.com/2018/10/5-christmas-present-ideas-for-motoring-enthusiasts.html Mon, 29 Oct 2018 14:34:22 +0000 http://www.autogeeze.com/?p=10476 Christmas is almost upon us again, with some of us likely to have already started getting their presents bought. Not sure what to buy someone in your life who’s a motoring enthusiast though? Other than splashing out and purchasing them a brand-new car, VW service provider Vindis has listed five fantastic gift ideas that they are sure to appreciate…

Parking sensors

Technology comes fitted in many brand-new cars as standard now that works to take the stress entirely out of parking. However, drivers who don’t have these features on their vehicles needn’t worry about missing out any longer.

Let us introduce you to the EchoMaster Rear Parking Display System. Made up of four matt black sensors, which blend in perfectly with the majority of black bumpers but can be fully painted too, the system also includes a colour display and buzzers so that those behind the wheel have a better understanding about how close they are to objects when carrying out a parking manoeuvre.

Once a recipient of this present knows how to use this system, they’ll no longer have to worry about embarrassing moments when they’re in a car park of suffering ugly scuff on their vehicle’s paintwork.

A dashcam

Also known as dashboard cameras, dash cams really should be an essential part of all cars on the road today. This is because they can produce high-quality video footage while a motorist is getting from A to B, which could then be used to prove exactly what happened in the event of a road incident and protect someone from false insurance claims.

Give a driver a dash cam for Christmas and they could also discover that they are saving money in the long-run. This is due to some insurance companies now offering substantial savings on car insurance premiums for drivers who state they have dash cams fitted in their vehicle.

The dash cam that you purchase should come with high enough image quality mind. Some devices on the market record such poor footage that the shots are unable to be used when making a case that a driver isn’t to blame after a road incident. You’ll also want the dash cam to provide GPS location tracking, as this element will enable motorists to pinpoint exactly where they were at the time a road incident took place. G-force sensors which save moments of high G-force automatically are also recommended, as well as a parking mode that sees the gadget begin to record footage without a human prompt if it senses a collision or impact while a vehicle is parked up.

A National Trust membership

As well as loving to be behind the wheel, are you buying a Christmas present for someone who enjoys seeing as much of the country as possible? Then they are bound to appreciate a National Trust membership.

A National Trust member is presented with free entry to more than 500 special locations which can be found throughout England, Wales and Northern Ireland. The options also include heritage sites in Scotland which are looked after by the National Trust for Scotland, while the membership can even be used further afield than the British Isles. This is because the card grants access to awe-inspiring locations in destinations like Australia, The Bahamas, Barbados, Canada, Italy, Malta, New Zealand, and Zimbabwe.

Due to it being a motoring enthusiast that you’re buying for, also take note that a National Trust membership grants free parking to the majority of National Trust car parks.

Forza Horizon 4

Looking for a Christmas present for someone who has dreams to be the next Lewis Hamilton? If they own an Xbox One games console, satisfy their desires by buying them Forza Horizon 4.

This is Playground Games’ most recent open-world racing game. Load it up and players will be able to compete in a huge number of single-player and multiplayer races whilst collecting 450 cars from 100 licensed manufacturers. For Brits though, arguably the most appealing aspect of the game is that it’s all set in the United Kingdom — drivers could very well have many moments of thinking “I know this spot” as they race past Bamburgh Castle in Northumberland, through various villages and towns which make up the Cotswolds, across the Scottish capital Edinburgh, and so many more recognisable locations.

“Open-world racing has never looked as good as it does in Forza Horizon 4”, according to IGN, while USGamer states that the title “is one of a handful of showcase games that truly ought to sell you on an Xbox One X and a 4K TV”. Therefore, you know you’re buying someone a high-quality game that they’ll enjoy for hours too.

A Track day experience

If you want to get a motoring enthusiast away from the TV screen with the present you buy them, consider giving them the gift of an exciting track day experience.

You have so many experiences to choose between throughout the UK. Mercedes-Benz World in Surrey has both track and off-road experiences available, for instance, which take place on the iconic Brooklands motor racing circuit and a 10-acre terrain respectively. Meanwhile, the Platinum Supercar Thrill gives motorists the chance to get behind the wheel of some of the world’s most exotic supercars and put pedal to the metal for two laps of the famous Goodwood Racing Circuit.

Then there’s the Paul Swift Ultimate Stunt Driving Experience for true daredevils. Held at the home of British F1, Silverstone, this experience sees seven-time British Motorsport champion and Top Gear’s stunt driver, Paul Swift, teaching drivers all about stunt driving. Your friend or loved one will be completing 360-degree handbrake turns, J-turns and so many more pulse-pounding manoeuvres before they know it.

 

Sources:
https://www.which.co.uk/reviews/dash-cams/article/how-to-buy-the-best-dash-cam
https://www.gamespot.com/articles/forza-horizon-4-xbox-onepc-reviews-roundup/1100-6462018/
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The Aftermath of an Accident: Learn How to File Your Auto Insurance Claim in 5 Easy Steps https://www.autogeeze.com/2018/10/learn-how-to-file-your-auto-insurance-claim-in-5-easy-steps.html Thu, 25 Oct 2018 13:52:46 +0000 http://www.autogeeze.com/?p=10468

No matter how minor they are, car accidents are stressful occurrences. When you have to file your auto insurance claim it can become even more difficult.

To take the guesswork out of the matter, here are 5 easy steps to walk you through filing your auto insurance claim.

How to File Your Auto Insurance Claim in 5 Easy Steps

When you are in an automobile accident, it is important to take care of your health first and seek emergency treatment if you are injured. Beyond that, you want to ensure that your property damages and medical bills are covered, so you will need to file your auto insurance claim correctly.

To avoid problems later in getting your claims paid, be sure to follow these simple steps when you file with your insurance company.

Call the police right away

Whether you are injured or not, your insurance company is going to require a police report to process your claims. This will help them determine who the at-fault party was and which insurance is responsible for your bills.

Sometimes there are discrepancies with the police report and your insurance company will deny your claim. If this is the case, or if you are injured in the accident, you should immediately seek help through avenues such as Derrick Law Firm’s expert legal services to ensure you are getting the benefits you are entitled to from your policy.

Collect your own set of evidence

The police and emergency officials will be doing their job, but you want to protect yourself as well. Take a few minutes, if you are not injured, to go around and take pictures and/or video of the accident scene. Write down the names, phone numbers, and addresses of any potential witnesses.

Be sure to get the personal information and insurance card from the other driver, as well. You will need this information to file your insurance claim, and you may need the other evidence to provide to your adjuster if there are disputes.

Call your insurance company

As soon as possible, call your insurance company and report your claim. You will need the information above, but even if you do not have all of it, don’t delay in reporting the accident.

Some insurance companies have a timely reporting policy, and if you wait beyond their time limits they can legally deny coverage for your damages.

Speak to your claims adjuster

Your adjuster will be your go-between to discuss any issues between the other insurance companies involved and you. They will help you find a covered mechanic to fix damages, help you get a rental vehicle if you have coverage, and handle any personal injury claim you make.

The Steps are Simple to Filing Your Claim

Don’t let the paperwork overwhelm you in a stressful situation. Follow these four simple steps and you will be able to focus on recovering from your accident, getting your car fixed, and taking care of your injuries.

 

 

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When Silence Is the Best Answer: 3 Questions You Should Never Answer in an Auto Insurance Settlement https://www.autogeeze.com/2018/10/questions-you-should-never-answer-in-an-auto-insurance-settlement.html Thu, 25 Oct 2018 13:20:12 +0000 http://www.autogeeze.com/?p=10463

If you have been in a car accident in the Orlando area, you are not alone. In 2016, there were 1,081 vehicle accidents per day in Florida. The total of 395,785 vehicle accidents produced 254,155 injuries including 21,645 incapacitating injuries plus 3,176 fatalities (A Safer Florida Traffic Crash Results).

So, the facts of your situation may lie in the numbers. You may find yourself being sued by the other party to the accident. Or, you may be the claimant trying to get what you need from the insurance companies involved to be made financially whole again.

If you want that settlement to be fair and satisfying, there are at least three questions you should never answer in an auto insurance settlement.

What happened?

You should not talk to anyone who represents the other party to your car accident. Insurance adjusters or lawyers may try to contact you with a simple question about what happened. But, you should simply refer them to your car accident attorney.

Will you just sign here?

It may seem natural to sign a lot of papers during a claims process. But, you should never sign anything you have not read thoroughly. And, in the case of an auto insurance settlement, those forms can be complicated. You could inadvertently sign away rights and commit to a settlement that does not meet your needs.

How are you feeling?

When the other driver or their representative asks how you feel, it may not be an innocent question. If compensation for personal injury is part of the issue, you can change the settlement discussion by saying that you are feeling great.

 

When silence is the best answer

Most insurance adjusters are good people. They know their jobs well, and like other people, they take pride in their work. But, they work for insurance companies that are for-profit businesses. They are expected to keep the costs low while serving their customers well.

They are not inclined by circumstances to give money away. They have strict protocols to follow and need as much information as they can secure to explain and justify the settlement they offer. But, you have a right to remain silent.

Whether a car accident settlement reaches a sensitive debate or difficult impasse, you may need legal representation. According to the American Bar Association, “The purpose of settlement negotiations is to arrive at agreements satisfactory to those whom a lawyer represents and consistent with law and relevant rules of professional responsibility. During settlement negotiations and in concluding a settlement, a lawyer is the client’s representative and fiduciary, and should act in the client’s best interest and in furtherance of the client’s lawful goals,”

And, an attorney’s first advice will be to hold your own counsel; that is, you should let the attorney represent you in negotiations and throughout the settlement process. That will mean never answering certain questions.

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4 Ways Pre-Approval Can Simplify the Car Buying Process https://www.autogeeze.com/2018/09/4-ways-pre-approval-can-simplify-the-car-buying-process.html Fri, 14 Sep 2018 18:06:11 +0000 http://www.autogeeze.com/?p=10453

You may get flyers in the mail all the time with stamped lettering across the front stating, “You’re Preapproved!” And, like most people, you may toss those right into the trash pile, never bothering to learn for what you’re preapproved or even for how much. Yet, if you’re in the market for a new vehicle, maybe you should take the time to open an envelope or two and see if any of the preapproval offers are for vehicle loans.

While it is true that most companies that offer preapproval for credit cards charge exorbitant interest rates and stricter-than-strict terms, if you receive a car-loan prequalification offer from a reputable company such as, say, Capital One, it couldn’t hurt to look into it. In fact, if you hope to enjoy a simple car loan process, it may be in your best interest to apply for prequalification. Below are four good reasons why.

 

Preapproval Helps You Set a Realistic Budget

Most preapproval offers are pretty spot-on with how much you can afford, as they calculate how much car and in interest you can afford based on your income, existing expenses, etc. Though you should never go car shopping without a budget in mind, preapprovals make setting a budget so much easier, as they give you a hard number to start with before you’re faced with shiny new vehicles and an overzealous dealer.

Keep in mind that your purchase price should really be about 10 percent less than what you’re preapproved for, as most calculators do not take into account sales taxes and fees. Also, consider your down payment. The more money you put down, the more you can afford.

 

Preapprovals Help Strengthen Your Position

Prequalification calculators take into account your credit history, score, income, and more to come up with a realistic purchase price, terms, and rates. This puts you in a position of strength when you go to the dealership.

Without that preapproval letter, the dealer will most certainly have all the power. Because you don’t know how much you can really afford, the dealer may be able to convince you that you purchase buy a car that is well outside of your budget, or that your “low credit score” warrants high interest rates. The dealer may also even attempt to pack the payment with charges or fees that are often unrelated to the vehicle at all. When you walk in armed with a preapproval letter, however, you can avoid these hassles altogether and get right down to business.

 

Preapprovals Protect You From Dealer Markups

Dealers love buyers who utilize their financing, as it means that they get a share of the profits. Dealers make their commission through what is called a finance reserve, which is typically an extra percentage added to the interest rate – usually one to three percent. For instance, say you get approved for a vehicle at 4.5 percent interest. The dealer keeps this from you and charges you instead 7.5 percent interest. You assume this is the best rate you can get and take it, not knowing that you just cost yourself an additional $756 to $1,512 or more over the course of your loan. By getting preapproved before you head to the dealership, you can know exactly what types of rates to expect, and therefore, walk away from ones that you know are marked up.

 

Preapprovals Help You Negotiate for an Even Better Deal

You can use your pre-approval to your advantage all the way through to the end of the deal. Right before you’re about to sign the papers, the dealer will try to convince you that you need a bunch of costly add-ons. Some such add-ons include a warranty, seat warmers, cleaning services, etc. To deflect these add-ons, say something like, “I’m preapproved for this amount and I’m not going over it.” If you remain firm, the dealer will usually desist. If you’re lucky, however, the dealer may throw in the add-on “for free.” Either way, thanks to your prequalification letter, you avoiding paying any more for features you don’t actually need.

Many people avoid preapprovals for fear that they’ll end up costing them more in the long run than if they had obtained a loan the traditional way. When it comes to financing a vehicle, this is far from the case. Preapprovals can help you set and maintain a realistic budget and strengthen your negotiation position.

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The 10 MILLIONTH Ford Mustang https://www.autogeeze.com/2018/08/the-10-millionth-ford-mustang.html Fri, 10 Aug 2018 03:33:59 +0000 http://www.autogeeze.com/?p=10434 Ford celebrated its production of the 10 millionth Mustang at its headquarters and at the Flat Rock Assembly Plant where the iconic sports car were assembled. From Dearborn headquarters, a parade of Mustangs from 1964 to present took off for a 30-min police-escorted drive to Flat Rock complex. At the parking lot, these 62 iconic cars were parked to spell out ‘10,000,000’, notably part of the symbolic numbers were the first Mustang ever produced and the 2019 Wimbledon White GT V8 six-speed manual convertible who placed itself in history as the 10 millionth Mustang.

In the US, Mustang is the bestselling sports car of the last 50 years and the world’s top-selling for the past three years. According to Ford CEO Jim Hackett, ‘Today, when we say the word, ‘Mustang,’ isn’t it amazing that you don’t think of the horse? You think of the vehicle, it’s changed the perception because of its popularity.’

During its 54-year production history, the Mustang was built in San Jose, California, and Metuchen, New Jersey, as well as at the original Mustang production facility in Dearborn. These days, Flat Rock is the home of the Mustang.

 

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