Ferrari 360 Spider

Some cars have to age like fine wine to be appreciated. Ferrari 360 SpiderOthers offer virtues so obvious that they deserve top ranking from the moment they are introduced. So it is with the Ferrari 360 Spider, which happens to be the marque’s twentieth road-going convertible and a car about which Ferrari says, “without question,  it is the best Spider Maranello has ever produced in terms of looks, engineering, and performance.”

Satisfaction of modern perfection

While some of that might be recent marketing hype — after all the 360 Spider is still available for purchase at your local Ferrari dealer — you can perhaps pardon them for the hyperbole. We still think the Ferrari Daytona Spider is a prettier car with classic sports car proportions, but there is no doubt the 360 Spider is strikingly attractive in the modern mold. Further, because Ferrari is presently on an incredible roll in the world of Formula One racing, it is the most technologically advanced convertible of all time. Read more . . .

Lease Terms In Simple Language

Anyone who has ever rented an automobile will tell you that car dealers oftentimes seem to speak another language.  It’s hard to negotiate a good deal when you simply don’t understand the expressions.

The following glossary will help you to break the language barrier, and speak with leasing agents on their own  jargons:

Acquisition Fee

This cost is charged by the leasing company to start the leasing process.  Not all leasing companies will charge an acquisition fee, but those that do will  demand for no less than $300.  Acquisition fees are rarely negotiable. Read more . . .

Choosing Automobile Insurance

Like the automotive industry, the automotive insurance industry is enormous.  Both have sellers and manufacturers that offer quality service and products, and unfortunately, both have lemons.  The trick is finding a respected insurer that provides benefits you really need and want.

Many automotive insurance companies offer policies that are helpful and beneficial for every car owner.  Usually, drivers in the United States choose standard insurance policy that can cover necessary services and repairs a car owner may encounter.  Some companies propose up to 75 percent savings on insurance premiums, but may have limited coverage policies on their documentation.   Read the tiny print before you sign! Read more . . .

Lamborghini Miura

Like Henry Ford, Ferruccio Lamborghini was an expert mechanic. Lamborghini MiuraAnd like Henry Ford, Lamborghini left a career of prominence to take a chance on an entirely new venture when he was well past 40 years old. In the end, like Henry Ford, Lamborghini was far more interested in producing cars for the street than for the race track.

However, at that point, the parallels between the two automotive legends begin to fold, because the cars Lamborghini brought to market under the sign of the bull were about as distinct from a Model T Ford as an F-16 is from a Piper Cub. Sure, they both fly but… Read more . . .

Lease Residual Value Explained

Leasing a car can be a great way to enjoy all of the new car benefits without having to deal with the high payments associated with new car ownership.  At the end of the lease, you’ll have the option to buy the vehicle to own it outright.  The amount owing will be determined by a number of factors, including the residual value.

Before you meet with a car dealer, it is vital that you arm yourself with a good knowledge of the basic details of leasing.  Understanding the industry and business terms will put you in a better position for strong negotiations.  One of the expressions you’ll hear quite frequently while discussing a car lease is “residual value”.

Residual value involves more than your monthly payments, and the buyout amount at the end of your lease.  Leasing companies also use the vehicle’s residual value to establish any penalties owing should you break your lease early.  It is an important word and you need to know precisely what it means, and how to estimate it. Read more . . .