Motorcycle Loans - Steps To Prevent You From Being Caught Up Side Down

Written by Jay Fran

Withrepparttar depreciation on motorcycles being so enormous after they are driven offrepparttar 138882 showroom floor,repparttar 138883 potential for a buyer owing more on their motorcycle loan thanrepparttar 138884 bike is worth it quite high. Owing more on your bike than it is worth is often referred to asrepparttar 138885 world of “up side down”.

Many people finding themselves in this situation discover that financial lessons are sometimesrepparttar 138886 hardest and most expensive to learn. Motorcycle loans of more than 48 months (especially without a down payment) put you inrepparttar 138887 position of owing more thanrepparttar 138888 value ofrepparttar 138889 bike.

Let’s take a look at this phenomenon.

First,repparttar 138890 interest calculation your lender uses can make a big difference in your situation, especially inrepparttar 138891 first 18 months. There are two primary interest calculations, pre-computed (combined with rule of 78) and simple interest.

Pre-computed interest combined with Rule of 78, is typicallyrepparttar 138892 worst situation for a buyer because most ofrepparttar 138893 interest is paid inrepparttar 138894 first 24 months. Therefore, inrepparttar 138895 first 24 months little ofrepparttar 138896 monthly payment has gone towards paying down principal. If a buyer wishes to sell or trade inrepparttar 138897 motorcycle within this timeframe they will likely find themselves owing more thanrepparttar 138898 bike is worth. Statistics show thatrepparttar 138899 average owner trades in every 18-24 months.

Simple interest onrepparttar 138900 other hand, is much more favorable for buyers since interest accrues onrepparttar 138901 balance ofrepparttar 138902 loan. However, buyers that extend their loans for greater than 48 months can still find themselves up side down with simple interest. This is especially true if a down payment is not made. The reason this occurs is thatrepparttar 138903 motorcycle depreciates faster thanrepparttar 138904 principal is paid; leavingrepparttar 138905 balance owed torepparttar 138906 lender to be more thanrepparttar 138907 bike can be sold for.

Ford Escape Hybrid: First Gas-Electric-Powered SUV and Ford Replacement Parts for Its Exceptional Performance

Written by Jenny Mc Lane

The Ford Escape Hybrid is a fuel-saving, gas-electric hybrid-power version of small, four-door sport-utility vehicle, available with front-wheel drive (FWD) or four-wheel drive (4x4). Its power train has 2.3-liter, four-cylinder gas engine rated 133 horsepower at 6,000 rpm, 129 pounds-feet of torque at 4,500 rpm; synchronous AC electric motor rated 94 hp from 3,000 to 5,000 rpm; 330-volt battery pack under rear cargo floor; electronically controlled, continuously variable transmission. Maximum power output is 155 hp because gas and electric do not make their maximum power simultaneously.

It has a 2.3-liter, Atkinson-cycle four-cylinder gasoline engine with a 70-kilowatt permanent-magnet traction electric motor, regenerative braking and a 330-volt battery pack. The combination provides performance on par with a V-6. The hybrid never has to be plugged in becauserepparttar engine rechargesrepparttar 138717 batteries, byrepparttar 138718 electric motor and by heat recovered as energy during braking.

"The Escape hybrid really "wants" to be an electric vehicle, butrepparttar 138719 gasoline engine adds power for acceleration, chargesrepparttar 138720 batteries and powersrepparttar 138721 air conditioning," said Mary Ann Wright, Ford's director of Sustainable Mobility Programs

Unlike electric cars, hybrids never need to be plugged into a recharger. Regenerative braking rechargesrepparttar 138722 Ford Escape Hybrid, which converts electric motor into a generator to help refillrepparttar 138723 battery pack during stops; and by a recharging system powered byrepparttar 138724 gas engine.

Designed to last forrepparttar 138725 life ofrepparttar 138726 vehicle and can be found underrepparttar 138727 Escape's cargo floor,repparttar 138728 battery pack, which contains 250 small batteries roughlyrepparttar 138729 size of D cells mounted in series doesn't infringe on cargo space.

The software and computerized controllers that make everything work effectively isrepparttar 138730 key to a hybrid. Small badges identifyrepparttar 138731 Ford Escape as a hybrid. The instrument panel is a little different because it contains a gauge that shows whenrepparttar 138732 electric motor isrepparttar 138733 source of power and whenrepparttar 138734 gasoline engine is running. An optional LCD display inrepparttar 138735 center stack gives instant and average fuel economy as well as a pictorial representation of howrepparttar 138736 power is flowing at any instant.

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