Showing posts with label of. Show all posts
Showing posts with label of. Show all posts
Thursday, September 19, 2013
25 of Americans Couldn’t Afford a US 2 000 Car Repair Bill
And with some 52 million members, it’s also one of the world’s largest if not the largest automobile associations in the world.
Suffice to say, when the AAA speaks, the world listens. In a recent telephone survey of 1,009 adults in the continental United States, the AAA found that 12.5% couldn’t cover a US$1,000 (€701) car repair bill and 25% couldn’t cover US$2,000 (€1,402) car repair bill.
Additionally, 50% of those surveyed are holding on to an older vehicle until the economic climate improves and 25% have neglected repairs or basic maintenance on those vehicles over the last twelve months. Doing so, the AAA says, can greatly increase the risk of major and costly repairs.
Marshall L. Doney, AAA’s VP for Automotive and Financial Services explains:
“Economic conditions have taken their toll on many Americans resulting in them neglecting their cars and leaving them at increased risk for very expensive repair bills. Many Americans rely on their cars for their livelihood and losing access to them could be financially devastating during an already troubling economic time."
"It’s important for drivers to not only continue to maintain their vehicles, but also have a financial emergency plan in place should they be faced with a sudden unexpected auto repair bill,” continued Doney.
Of those who can afford the US$2,000 repair bill, 38% said they would pay with their savings account, 20% said they would pay by credit card and 11% would have to borrow money from friends, family, their retirement fund or home equity to pay it.
Things are a little less grim for those can afford the US$1,000 bill. 46% said they would pay with their savings account, 22% would pay with their credit cards and 14% would need to borrow money.
Such bills are not unheard of with older vehicles, especially those that have been mistreated or improperly maintained. A transmission repair can cost anywhere from US$2,000 (€1,402) to US$4,000 (€2,804) and engine repairs can exceed US$5,000 (€3,506).
Similarly, major brake repairs or a new set of tires can pull US$300 (€210) to US$1,000 (€701) depending on the make and model.
All in all, the AAA survey should give owners of older vehicles something to think about in the coming months or years of ownership.
Read more In Cars
Sunday, August 18, 2013
Smart ForTwo Next Generation Spy photos of the new prototype
The agreement between Daimler and Renault Nissan continues with one of its first manufacturing, it is the Smart ForTwo, which has been left by spy photographers portray far camouflage, fog and Twingo logo, and a large box of watches center, which is clear in its interior.
Just to remind you that the new Smart will have a twin brother out of the French brand of diamond, after the many versions weve seen just this year, as the Electric Drive, the Ice shine, or Brabus. Anyway, keep the engine in the rear position, and are expected to be present at the Frankfurt Motor Show 2013.
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| Smart ForTwo |
New generation Smart ForTwo
In many ways it was announced that the brand managed by Mercedes, and has collaborated with Renault on their latest developments, present a Smart ForTwo will feature many of the elements that we have known in experimental models such as Concept and Smart for vision Study Smart , protagonists in recent lounges in Frankfurt and Detroit respectively. These two proposals have marked the development of the new Smart ForTwo, which will feature new engines and will be built on a new platform, hence the importance of the prototype of the gallery.
According to the same sources, is precisely in this Smart ForTwo more noticeable where working together with Renault, and the French firm has been involved from the beginning in the design and development of this new platform, which will leave three body types, as the standard, the coupe and cabriolet, and five different equipment options for the third generation of one of the most recognizable cars of the auto market.
Secrecy around the Smart ForFour
If in the case of the Smart ForTwo do have a fair amount of data on its development and evolution, everything changes when speaking of the new Smart ForFour, against which maintains absolute secrecy. For now, we have had little more about him than any image of their first demos and that the announcement of his arrival and production occurred in 2010 by one of the top managers of the firm.
However, after two years since that comment, are not yet finalized the details about the new developments in the Smart ForFour. Anyway, the work may have been accelerated in recent months, as although it was thought that it would be submitted to the Frankfurt Motor Show 2013, is given as likely presence in the Paris Motor Show this year next to the Smart ForTwo. Meanwhile enjoy this prototype...
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