Disadvantages Of Buying A Car

As the gas price is rising up to 140 cents per litre in Canada, many people switch their vehicle to gasoline-electric hybrid car to gain savings from the better fuel efficiency. Many potential consumers for hybrid vehicle and hybrid vehicle owners think that the hybrid system is worth the extra penny due to better fuel economy. However, the realistic is that it has higher maintenance despite of its outstanding fuel economy figures. In fact, the hybrids cause more environmental damage than conventional petro powered vehicles and there are better alternatives. Therefore, hybrids should not be on consumers’ shopping list due to a numerous negative facts that consumers are unaware of.

The issue that I have chosen is electric cars. This issue is significant because there are many people that choose electric cars over gas-powered cars. Electric cars are known for eliminating oil from transportation and being the better choice; But is it really? In the article I chose it says "Your battery powered vehicle is only as green as your electricity supplier". Electric vehicles are a smarter choice because they are economically feasible. This means that if you own a gas-powered car, it will be more expensive to keep filling up your tank with gas. The cost per mile for gas-powered vehicles is a lot more when filling it with fuel. Gas vehicles are at an average of $3.65 a gallon while electric vehicles fill up for an average of $1.14 per Gallon. The negative traits about electric vehicles is that the battery has to be replaced about every eight years and it doesn’t do so well in the winter because it has to be charged every night can could go up to 80 MPH, which is an expense that gas-powered car owners don’t have to worry about. Reading on this topic more I have learned that the first cars that were made were all mostly electric and as time has gone on gas-powered cars started to get more popular.

When buying a car, 76.5% of consumers in United States say that environmental friendliness and carbon footprint have at least a medium amount of influence on them (Figure 1). In 2011, purchasing an electric car or hybrid car became more frequent among consumers. The percentage jumped from 4.1% in 2009 to 8.9%, and is forecasted to be 17.2% in 2013 (Figure 2). The increasing willingness to make green choices is expanding the market of electric vehicles. As the first

Whether to lease/finance a new/used luxury/economy car is a question that looms in the minds of many. The answer simply depends upon the current market conditions and the needs of the consumer. Financing can be prudent for some, while others may benefit from a leasing situation. Automobile market prices may still be out of reach for many who prefer luxury to an economy car. Additionally, factors and costs must be considered, such as return of investment, return on investment, interest rates, price to rent ratio, pros and cons of leasing, pros and cons of financing, insurance, gas consumption, and depreciation. In the end, car decisions have much to do with one's own interests and personality. The answer is rather relative as oppose to an absolute or universal decision. Hence, a strategy to lease/finance a new/used luxury/economy car for one person may not be a prudent strategy for another.

The controversy between vehicles is by far one of the biggest arguments across the world. There is always someone who thinks their vehicle is better than someone else’s by features or specs. But who actually puts in the time to look over every aspect of a vehicle before buying one? What type of considerations do people use when choosing a new vehicle? And how do they make their final choice? The 2016 Ford F-150 and the 2016 Chevrolet Silverado is what some vehicle debates are about. They both have great prices, features, and specs. But I believe instead of driving the 2016 Ford F-150 I should drive the 2016 Chevrolet Silverado.

Make fuel economy a priority when purchasing a vehicle. A four-cylinder vehicle uses less gas than a six cylinder, and automatic transmissions require more fuel than their manual counterparts. Keep factors such as this in mind when purchasing a new car to save money every month at gas stations.

Ecostar is a new to market hybrid car which provides an excellent alternative to other hybrid cars by offering a lower price point without compromising design and function. Ecostar has be designed to attract 16 to 40 year olds who live in rural areas that want a lower cost to own vehicle that provides excellent gas mileage and reliability. This paper will analysis a specific customer profile for which Ecostar is targeting and why. The customer buying process will be discussed and how Ecostar can use this process to their advantage in targeting there market.

Three years ago, a sixteenth birthday gave me a 1998 Buick LeSabre to call my very own. Extremely grateful as a young teenager, I drove it everywhere becoming a close companion with it. As the years have past, the excitement began to wear off, growing into a love-hate relationship with the now high-maintenance car. It constantly asks for more money to be spent on it, such as gas or new tires, and it has driven us apart. The LeSabre was my first, but I do not know if we are right for each other anymore; so I began looking at other cars. Concerned for the future, hybrid vehicles seduced me into its consideration. Alluring promises to help save the planet with its independence of fossil fuels, and to save money with lower gas consumption, gave

Whenever you decide to buy a new vehicle, you should not have to be uninformed about your decision, you just need to take a some time to research and calculate some numbers to find an economically responsible car that best fits your every needs. Before deciding to buy your new car or motorcycle, you need to consider the entire cost of it, not just the sticker price put by the dealership. A good idea is to use the Edmund's website before buying because it can show you a specific vehicle's information and expenses that you may not have considered. When owning a car, you need to first figure out how many miles you would typically drive in a year and divide that by how many miles per gallon the car you're looking at gets. It's also very important

When you're interested in buying a used car, there are certain facts to consider that will make one choice better for your situation. There are pros and cons for each method of buying a used car, but when it comes to financing, warranty and vehicle history information, the used car dealership beats private-party selling.

Are you in the market for a new vehicle? Maybe your old car finally kicked the bucket or you just feel it's time for something different. No matter the reason, you now have a huge choice on your hands. Should you buy a new or used car? Both have their benefits, but Wheels Autoworks of Richmond Hill, GA has some pretty good reasons why you should consider a pre-owned vehicle over a brand new one:

The two cars used in this analysis are the Nissan Rogue FWD and the Nissan Rogue Hybrid SL FWD. The scenarios used are as follows best, base, and worst cases, for each of these the variables are consistent just with different values. The best case exhibits the highest yearly miles, gas prices, percent of city driving, thus making it the best savings option if one drove a hybrid. The worst case has the least amount of yearly miles driven, lowest gas prices, and lower city driving percentage, which makes this the least optimal scenario to opt in for the hybrid because savings are not as high. In each of these cases the NPV, IRR, payback, discounted payback periods, as well as the profitability index is analyzed also to further see the best the scenario possible for the driver.

The research will show the innumerous benefits of 2 specific alternative-fueled cars: Electric Vehicle and Hydrogen-Powered Vehicles, while also comparing and contrasting their benefits to conventional vehicles. Although the environmental impact of a car is not taken into consideration while buying

This report explains how advantageous a hybrid car is and why conventional car should be replaced by hybrid car. Hybrid car is getting more popular and marketable because of its advantages. In essence, the report touches on the benefits of owning a hybrid car and some possible effects. The problems that arisen are environmental problems which catch the whole world’s attention, the prices and fuel are hiking up and the fuels are limited in supply. Therefore, hybrid cars are here to help people to overcome the problems. They are definitely the best solution to replace conventional cars because they are more advantageous than conventional cars. Hybrid cars have the ability to save fuel which ultimately reduces the dependence on

The biggest thing that come along with a car is the car payment. After purchasing a car and all the taxes with it you can be in a lot of debt. To pay for the car you must take out a loan out from your bank for whatever you owe on the car. The bank makes money of the loan by interest. Interest is a percentage a bank charges you to use their money. Depending on your credit score depends on how much interest the bank charges you. When you take out a loan you pay every month towards it until you pay it off. When you first start paying your car loan off all the money goes to the interest because the bank wants there money first and then after a few months or even