Archive for the ‘First Car’ Category

Best First Car for a Guy

Tuesday, September 13th, 2011

Are you a guy who is looking for the best first car? Well, if you’re a guy looking for the best first car, you are probably a young driver in his late teens who recently obtained his driver license. So you’re most likely looking for a car that is inexpensive, but still attractive and sporty. Your goal should be to find a car that is reliable, low-maintenance, inexpensive, fuel efficient, and safe. Of course, just because a car is reliable or inexpensive does not mean you’ll have to give up on the sporty design. There are plenty of reliable and inexpensive vehicles out there that don’t disappoint when it comes to looks. So let us take a look at a few cars that can honestly be considered the best first cars for guys.

Honda Accord
Whether it’s the Accord Sedan or the Accord Coupe, both have quite attractive, modern day designs with excellent gas mileages. If you were to lease or finance an Accord for a few years, you most likely will have little or no maintenance headaches. One of the few things you will have to do with regards to maintenance is to get an oil change every few thousand miles. The value of an Accord also doesn’t depreciate as fast as other cars, which means you can get a great resale value. Choose the Accord as your first car and you’ll end up with a fun, sporty, and reliable car that is actually quite fun to drive.

Toyota Camry
While the engines in the Accord are generally more powerful than that of the Camry, the Camry is still a great alternative to the Accord if you’re choosing between the two. Actually, one of the great features of the Camry which is not available on the Accord is the Multimode Transmission. This is a type of automatic transmission that gives you the look and feel of a traditional manual transmission, which makes your driving experience quite a bit more exhilarating.

Honda Civic
If you’re interested in the Accord, but you find it a bit pricey for your first car, you may want to consider the Civic as a cheaper alternative. The base Civic model runs around $16,000, and you can most definitely lease one for around $200 per month. The car may not have all the same features as the Accord, but it does provide a similar level of reliability and a slightly higher gas mileage.

Toyota Corolla
The Corolla has been for many years, one of the least expensive cars that is still quite reliable and safe. While you may not be able to accelerate as fast as you can with the Accord or the Camry, the Corolla offers a great deal of peace of mind for someone who is looking to purchase his first car.

So there you have it – four inexpensive, reliable, and fuel-efficient vehicles that guys can choose as their first car. All of the cars listed above provide a great deal of peace of mind, because they rarely break down and require very little maintenance. Cheers!


5 Reasons Why You Probably Should NOT Lease a Car!

Thursday, July 28th, 2011

While leasing a car can be a great way to drive a brand new car for several years, it may not necessarily be the best option for everyone. What follows are 5 reasons why you should avoid leasing a vehicle.

1. You should NOT lease a car if you have bad credit. If your credit score does not equate to a “good” or “excellent” rating, your credit score is not as high as it should be. Unless you cannot wait several months in order to improve your credit score, it would be in your best interest to avoid leasing a car. If you do lease a car with bad credit, you will end up with a monthly payment that is higher than what can be considered a fairly good deal. Many of the special advertised lease deals offered by dealers or auto makers are often only available to those customers who have a tier 1 credit rating. A tier 1 credit score is one that typically exceeds 720.

2. You should NOT lease a car if your career or lifestyle involves frequent trips or traveling. Some people tend to take frequent trips outside of their city or state of residence for reasons that often have to do with their career or business. If this applies to you, you should probably avoid leasing a car because you probably won’t be driving the car enough in order for the monthly payment to be worthwhile.

3. You should NOT lease a car if you plan on modifying it. Many people, younger drivers in particular, like to accessorize or modify their vehicles by tinting windows, adding spoilers, replacing exhaust pipes etc. While modifications to your car may provide the car with improved performance or a more attractive appearance, keep in mind that any car that you lease is not actually yours. If you plan on returning a leased vehicle to the dealership at the maturity date of your lease (the end of your lease term), you must return it in its original form.

4. You should NOT lease a car if you drive too much. With long commutes to work or school becoming more and more common, people are driving more than ever just to get to work or school. When you lease a car, you are allotted a yearly mileage limit. This limit is typically 12,000 miles per year or 15,000 miles per year. Of course, you can exceed this limit but you will be charged a certain dollar amount for every excess mile. The amount you are charged varies from one car to another. For example, the excess mileage charge on my 2010 Honda Accord is 15 cents per excess mile. This may seem like a negligible amount, but a few thousand excess miles per year will add up to hundreds or even thousands of dollars by the end of my lease.

5. You should NOT lease a car if you plan on driving it for more than 3 years. With the length of most car lease terms hovering around 3 years, you won’t be attached to the car for a very long time. Of course, you could choose to buy the car after the term of your lease has ended, but this is a less popular choice for lessees.

Car Leasing Tips For Your Teen Driver

Monday, April 19th, 2010

Young drivers are charged higher rates of insurance rather than experienced drivers. Insurance companies will charge a higher premium when the teen is buying or leasing the car in their own name. Statistics have shown that more teens and first time drivers below the age of 25 years are involved in accidents than older age groups. They are considered a high-risk group for the insurance companies.

For this reason, taking a separate policy for teens can be very expensive. However if you add the teen to the family auto insurance policy, you can be sure that the insurance premium rates will go up by at least 50% if not 100%. Either way you see it, adding car insurance for the teen can be extremely expensive. The best way to get cheaper car insurance is to shop around for rates. You can always get multiple insurance quotes online.

Don’t get taken in by dealers that say that they are giving you the best deals, but will in fact charge you quite a bit. Since many teens don’t have the financial resources, they will only take the minimum amount of insurance as required by the state laws. However, it can be dangerous when there is a medical emergency during the accident. Or in case of lawsuits, it can become quite expensive for the insurer.

The Cars With The Lowest Insurance Premiums

Smaller cars tend to have lower car insurance premiums. These cars are less expensive. However, larger SUVs carry a higher insurance premium. Even though teens would love to drive SUVs, it can be difficult for them. Teens are extremely inexperienced drivers and can’t always handle big SUV’s. Even smaller SUV’s tend to be more unstable than the conventional sedan cars when driven by inexperienced drivers.

Best Cars to Buy For Teens

These are some of the recommendations for the teens, but these are not necessarily the only ones. These are some of the most popular cars when budget is an issue. Cars from Honda and Toyota are two of the best. These include the Honda Civic, Scion, Honda Fit, Toyota Corolla, Mitsubishi Lancer, Ford Focus and many more.

Of course when cost is not an issue, these are some of the cars that teens would just love to drive. Among them are BMW 3 series, Mercedes C-Class, Audi A4, Lexus IS and many more. Of course, they carry higher insurance premiums.

Remember that teens will get extremely bored with their first car and would love to change their cars as often as possible. For this reason, don’t finance or lease cars for too long or else the teen could easily default on the lease or loan, making their or your credit history suffer.

Safety should be a big concern for teenagers, but is often one of the last things on their mind when driving around with friends in the backseat. Some of the most common safety features in cars are safety belts and air bags. These safety measures are incorporated to protect the driver as well as the passengers against possible grievous injuries at the time of accidents. However, it’s important to avoid the accidents altogether.

One of the newest features in many cars is known as Electronic Stability Control (ESC). This system prevents accidents and is now being used as a measure for reducing highway accidents as well. It specifically helps the teens and first time drivers, as they are still raw in executing emergency procedures that can help save the lives of the passengers in the car. This is why teens and their parents should look for a car that has the ESC system installed.

There are many considerations to take into account when leasing a car for a teen driver. Be sure that they are aware of the risks involved in driving, they are fully insured, and understand the responsibilities involved in hitting the roads.