Comparing the cost of new and used cars

author Bank of America   4 год. назад
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10 Mistakes Lots of People Make When Buying a New Car

According to statistics, most drivers change their car once every six years, which is a pretty long period of time. To take the best out of your car in those six years, to save money and to avoid constant repairing, you’d better avoid ten mistakes many of us make when buying a car. One day you’ll probably decide to sell your car. That’s why you have to consider some important features. According to Paint supplier PPG Industries, white is the most popular car color in the US with 35 percent of all sold vehicles. It is followed by black with 17 percent, and silver and gray that both got a 12 percent popularity. In case you want to purchase some good old German luxury brands such as BMW or Mercedes-Benz, you have to be prepared to pay around $17,800 and $12,900 for ten years of maintenance accordingly. US popular brand Cadillac comes next with an average $12,500 maintenance cost for the same period of time. Additional airbags, a passenger sensing system that can tell the size of the person in the seat and save smaller children in case of a crash, auto-dimming mirrors to reduce the glare coming from headlights at night, head restraints and ABS are some of the things you don’t want to save money at. Make a check-list of features you need to check and think of where you’ll be driving your new vehicle. Try driving on the highway and park in uncomfortable conditions if that’s what you know you’ll have to do in the future. Examine everything to help yourself make the right decision. Don’t be afraid to miss “the deal of a lifetime.” You must have noticed those come up now and then, so you shouldn’t let them pressure you into making a wrong financial decision that will affect your budget for years. Music: https://www.youtube.com/audiolibrary/music TIMESTAMPS You don’t think about resale value. 0:32 Car maintenance can be expensive. 1:46 You pay for optional items. 2:50 You buy a brand new car. 3:33 You buy a car that is too big or too small. 4:03 You can’t choose between car’s prestige and technical characteristics. 4:34 You don’t examine the car. 5:19 You miss advantageous offers and discounts. 6:08 You don’t try to lower the price. 6:30 You’re in a hurry. 6:51 SUMMARY -First, the car brand matters: there are brands that are more or less popular among drivers. Second, you need to think about the vehicle specifications and the engine. Third, don’t forget about its color. -Think of how much of your family budget car maintenance can make, and decide if you want to spend that much on your vehicle after you’ve purchased it. -Some drivers don’t smoke inside their cars. In this case, they don’t need an ashtray. An additional corrosion treatment is useless as well because cars already have an anti-corrosion treatment. -The best choice is a car model that is no more than three years old and already well-known. -Try to predict how many times you’re going to travel by car, how many passengers will be there, and so on. -A premium class car will give you better safety, high performance and increased comfort their manufacturers guarantee. -Gather as much information as possible at reliable websites and among your friends, consult an independent specialist, and test drive your chosen car. -The best time to buy a car starts in December and reaches its peak in March. -Try to call or send emails to different dealerships saying you have a better offer and asking if they can beat it. -Spend enough time to gather information, consulting specialists, and weighing the pros and cons. Subscribe to Bright Side : https://goo.gl/rQTJZz ---------------------------------------------------------------------------------------- Our Social Media: Facebook: https://www.facebook.com/brightside/ Instagram: https://www.instagram.com/brightgram/ 5-Minute Crafts Youtube: https://www.goo.gl/8JVmuC ---------------------------------------------------------------------------------------- For more videos and articles visit: http://www.brightside.me/

Ford Model T - How to Start & How to Drive

Subscribe For More Model T Videos: http://www.youtube.com/subscription_center?add_user=PremiereDirector Point of View Video: https://www.youtube.com/watch?v=xwacbtXTjQw Enthusiasts Website: http://www.fordmodelt.net/ Facebook Group: https://www.facebook.com/groups/modeltford/ Update 10 Aug 2012: My Model T has been fully restored, and I've just purchased a pair of carriage lights which the car was missing. Updated video to come. Update: "I MADE A MISTAKE!" 55psi only applies to clincher tyres on earlier Model T's. Since mine is a 1925 model and has split rims and balloon tyres, the correct tyre pressure is 35psi. ---------------------------------------------------- I imported my 1925 Ford Model T from the USA, not far from Detroit, Michigan where it was built. In this video I demonstrate the T's unusual controls and how they all work, I show you how to start a Model T, and I take you on a short drive at the end. The Model T was manufactured between 1908 and 1927, and was know by various names including Tin Lizzie, Flivver, T‑Model Ford, or just 'T'. The Model T set 1908 as the historic year that the automobile became popular. It is generally regarded as the first affordable automobile, the car that opened travel to the common middle-class American; some of this was because of Ford's innovations, including assembly line production instead of individual hand crafting. On May 26, 1927, Henry Ford watched the 15 millionth Model T Ford roll off the assembly line at his factory in Highland Park, Michigan.

RICH DAD POOR DAD SUMMARY

Get this book: http://amzn.to/2eCdJIx Here is my Rich Dad Poor Dad Summary How to become wealthy using the principles from the book, "Rich Dad Poor Dad", by Robert Kiyosaki. This animated book review offers the basic principles that you need to become rich and wealthy. It should be obvious that you'll need money to do this, but this is great wisdom from a very wealthy man. This book is mostly geared towards real estate investors, but you can adapt the fundamental money management principles to your own unique lifestyle. I hope you enjoy my summary of Rich Dad Poor Dad.

TRUE Cost of a Tesla Model 3 (After 10,000 Miles)

After 10,000 miles here's how much it has cost me to own & drive a Tesla Model 3 after factoring in the little details. Get FREE Supercharging credit when you order a Tesla with my referral link ➡️ http://geni.us/t3sla Full Model 3 Review: https://youtu.be/47OFb8786ko Subscribe! http://goo.gl/RqU0nl These numbers are all based off my personal experience so it's not going to be the same for everyone but at least it will give you an idea of the costs and how much a difference it is driving a #Tesla compared to an internal combustion engine vehicle. I’m going to compare my #Model3 acquisition to what it would be like if I kept driving my 2007 Pontiac G6. The total cost of my Long Range #TeslaModel3 was $56,000. I also had to pay $3,422 for taxes. I am getting the full $7,500 tax credit but my car insurance increased by $500/year so assuming I keep my Model 3 for at least 5 years that brings it to $54,422. However we also have to calculate the cost of installing a home charging outlet. This cost heavily depends on your particular location and how difficult the install is. My NEMA 14-50 outlet cost $900 for a professional electrician to install, which is on the expensive side because my box was the furthest possible distance from my garage so they had to run cable underground which increased the price. That brings it to a grand total of $55,322 upfront cost for my First Production Long Range Tesla Model 3, assuming I keep it for at least 5 years. How much does it cost to charge & drive a Model 3 compared to buying gas? My Model 3 is at 10,400 lifetime miles and it’s averaging 233 Wh/mile. So far I’ve only spent $20.29 on four Supercharging sessions, and that resulted in approximately 700 miles of range which means the other 9,700 miles traveled were from charging at home in my garage. To find out how much it’s cost to travel those 9700 miles we need to calculate my electricity rate along with the Model 3’s charging efficiency. My off-peak electricity rate when I charge my car at home is $0.06882 per kWh. However, 100% of the electricity doesn’t make it into the car’s battery when charging at home. This is true for all electric cars. Edmund’s is doing a long-term test drive of the Model 3 and they're measuring the average wall-to-wheels efficiency. So far from their tests they’ve seen an 83.3% charging efficiency (meaning only about 83% of the electricity makes it from the charging cable into the car battery). And if we also account for the amount of battery that depletes as the Model 3 is just sitting somewhere not plugged in (I’ll make a guesstimate and say 3% is a fair assumption for vampire drain), that brings us to 80% total charging efficiency. So 9,700 miles at an average of 233 Wh/mile with an electricity rate of $0.06882 per kWh with an 80% charging efficiency equals $186.65. And if we add the $20.29 I’ve spent on Supercharging that comes to a grand total of $206.94 spent to travel 10,400 miles in my Model 3. If you compare that to my 6-cylinder automatic transmission 2007 Pontiac G6 which averages 21 miles per gallon and using the current average cost of gas in my area which is $2.77 per gallon, the total cost to travel 10,400 miles would be $1,371.81. That means I’ve saved almost $1,200 over 10,400 miles or maybe it’s better to say that’s $1,200 I’ve stopped having to give to gas stations since getting my Model 3. And I’m not driving a car that puts out any emissions which feels great. Also keep in mind there are free apps like PlugShare and ChargePoint that show you locations of thousands of public charging stations, most of which are completely free for anyone to charge their electric car which is something that just doesn’t exist with gas stations. Also I’ve saved so much time from not having to stop at gas stations during my normal weekly driving. It takes me 5 seconds to plug in my Model 3 in my garage. When I drove a gas car I had to get gas at least once or twice per week, and each stop took around 5 minutes. So over the course of a year that’s a huge amount of time saved from not having to stop at gas stations. We could also get into the money saved from oil changes and maintenance but that's another story. So far I’ve paid absolutely $0 in maintenance for my Model 3 so hopefully that continues. It’s been a fantastic car after 10,000 miles and it’s still just as much fun as the day I got it. I hope you enjoyed this detailed look into how much owning and driving a Tesla Model 3 actually costs. Twitter http://Twitter.com/slye Facebook http://Facebook.com/MyTechMethods Instagram http://instagram.com/slye Website http://MyTechMethods.com Share this video! https://youtu.be/x0MjZOR89Fk Thanks for watching: 10,000 Miles in a Model 3: The TRUE Cost of Driving a Tesla

Can You Restore Lost Power To An Old Engine? #TBT - Fifth Gear

For this weeks #ThrowbackThursday, we're looking back at Jason's attempt to restore the lost power of a 1995 VW Corrado. For more fantastic car reviews, shoot-outs and all your favourite Fifth Gear moments, subscribe to our Official Channel: http://goo.gl/IPXAgl

Choosing between a new or used car may not be as simple as it seems. Find out what matters beyond simple sticker price. To learn more and to see more videos, go to http://go.bofa.com/jefh.

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