Buying a New Sports Car – Twelve Tips To Avoid Financial Sticker Shock

Written by Valerie Mills


Nothing (well, almost nothing) can compare torepparttar thrill of driving a road-hugging high performance sports car. Instant steering response. Power atrepparttar 135619 exact nanosecond you ask for it.

Then, if you have one ofrepparttar 135620 sexier models, you’ll attract attention onrepparttar 135621 road, filling up, and inrepparttar 135622 shopping mall parking lot.

Yes, you can pretend you’re drivingrepparttar 135623 Autobahn withrepparttar 135624 wind blowing your hair. But beware of state troopers just waiting for an “arrest me red” entry on their ticket issuing track record.

Before You Fall In Love . . .

Before you step into that showroom and fall in love, considerrepparttar 135625 following practicalities:

1) How much do you want to spend? $20,000? $30,000? Or more?

2) What’srepparttar 135626 tradeoff between performance (power) and gas mileage? Higher performance usually equals less gas mileage.

Doesrepparttar 135627 vehicle use premium gas? Right now,repparttar 135628 difference between premium and regular is 20 cents per gallon. At 20 miles per gallon and 15,000 miles per year,repparttar 135629 cost differential is $150.

3) What about reliability? Some upscale models cost considerably more to maintain and have a higher incidence of repair costs. Would you appreciate paying $125 just to diagnoserepparttar 135630 problem whenrepparttar 135631 check engine light comes on? Or paying $70 for an oil change?

4) In a climate where snow and ice are winter realities, do you want to drive it year round? Or store it overrepparttar 135632 winter?

A rear wheel drive sports car is impractical for winter driving. A front, all-wheel, or 4-wheel drive sport car can be driven in snow and ice, if you use all-season tires. Ifrepparttar 135633 little devil comes with performance tires, you will want to buy all-season tires (and possibly rims) for winter driving. Add another $1500 torepparttar 135634 price ofrepparttar 135635 car forrepparttar 135636 right tires and rims.

Do Your Homework . . .

5) Once you’ve decided price, performance, gas mileage, reliability, and practicality for all-season driving, get onrepparttar 135637 Internet. Here you can compare models and pricing and read reviews. Google “buying a new car” or “new car prices” and several sites will pop up.

Another source is Consumer Report (the new car issue) where your criteria will be easy to find. Red dots are good. Black dots are not. Most American car dealers consider this issue of Consumer Report a nightmare because it favors foreign car models, especially Asian cars. However, as explained inrepparttar 135638 newest version of this report, American car manufacturers are catching up.

The Miracle of the Euro And Forex Trading Secrets

Written by Vic Damone


My father, who owns a small parts store and garage for vintage British sports cars, called me up recently and droned on and on about how he is getting killed byrepparttar Euro.

Confused as to howrepparttar 135608 Euro could possibly be affecting his small and seemingly insignificant business, I asked him how. “Because ofrepparttar 135609 Euro!”

He went on to explain, after calming down of course, thatrepparttar 135610 distributor that he orders his vintage parts from had increased their prices by roughly 30% due torepparttar 135611 dollar’s poor performance againstrepparttar 135612 Euro. Apparently, it takes about $1.30 USD to buyrepparttar 135613 same merchandise that may be acquired with 1 Euro.

Essentially,repparttar 135614 relationship betweenrepparttar 135615 dollar andrepparttar 135616 Euro isrepparttar 135617 same as we have always had withrepparttar 135618 Canadians—only, we have becomerepparttar 135619 Canadians in this bizarre scenario!

After getting offrepparttar 135620 phone with dad I decided to investigate this currency exchange question a lot further and came to one startling but very true realization—the stock market is for chumps! Foreign Exchange is where it’s at.

The act of exchangingrepparttar 135621 legal tender of one country for that of another. People who playrepparttar 135622 currency exchange market (Forex) do! Withrepparttar 135623 same amount of analysis or less in most cases, people anticipaterepparttar 135624 rate at which one currency will convert into another and Presto!—profits please!

So if one anticipates thatrepparttar 135625 Euro will be stronger next week compared withrepparttar 135626 dollar and I convert $50,000 into Euros, then next week whenrepparttar 135627 Euro does in fact rise I can convert those Euros back into more dollars than I initially invested only a few days earlier—or evenrepparttar 135628 previous day! Why have your money tied up for extended periods of time praying for a good quarterly earnings report or being grateful forrepparttar 135629 peanuts thrown to you inrepparttar 135630 form of a dividend?

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