Posts Tagged 'cars'

How technology can stop high-speed chases

High-speed police pursuits often end in collisions, which sometimes  end tragically with the deaths or injuries of innocent victims. But GPS satellite and cellular technologies are now being combined to stop the bad guys in their fast tracks.

GM’s OnStar service was used most recently to stop a carjacker in California. On command, OnStar — based in Michigan — disabled the gas pedal of the stolen vehicle in California and enabled police to nab the suspect after the chase.

“Considering the violent crime that this suspect was wanted for, I was just amazed,” Visalia Police Chief Colleen Mestas said.
via Associated Press

New car options are featuring more and more sophisticated technology — including safety features such as GM’s Stolen Vehicle Slowdown service with OnStar. The services are able to link both the driver and the vehicle to receive remote help.

An LATimes technology blogger notes that it was dumb to steal the car equipped with the technology, but dumber to fall into a pool while running way from the police.

New Camaro is a big hit

GM says it can’t keep up with the demand for the new Camaro muscle car, which may be getting a bump from the new movie release  “Transformers: Revenge of the Fallen” in which it is featured.

There are no financial incentives set aside for the car, either, and it is reportedly selling above the $23,000 sticker price across the country. Dealers apparently can’t keep them in stock.

It’s worth noting that “Camaro” is one of the top searched terms on Iwanna.com.

“The moral of the story is: design still sells,” said Erich Merkle, an independent auto analyst. “The American automakers can make a comeback if they keep their eye on the ball and design vehicles people have to have.”

via GM Says Orders for Camaro Sports Cars Outrun Supply (Update1) – Bloomberg.com.

Cash For Clunkers becomes law – but watch out for scams

President Obama signed the Cash For Clunkers bill today, which gives gas hog owners the chance to convert their old rides into government cash vouchers up to $4,500. It goes into effect in 30 days under the direction of the Transportation Department and will be effective for the rest of the year.

But look out. Officials are already warning folks of scams
that suggest you have to “sign up” to participate.

…be wary of any site that says you have to register to participate in the program, or asks you for any personal information. NHTSA reminds consumers, “You do not need a voucher and you are not required to sign up or enroll in this program. Participating new car dealers will apply a credit, reducing the price you pay at the time of your purchase or lease, provided the vehicle you buy or lease and the vehicle you trade in meet the program requirements. The dealer will then obtain reimbursement from the government.”

via Cash for Clunkers News – U.S. News Rankings and Reviews.

Check out Iwanna’s local car dealer inventories here.

Spending more to keep old cars on the road

A leading market research company that tracks auto parts sales says that several aftermarket car parts categories are showing increases.

“It now appears that consumers are recognizing that they will need to spend more on service and repairs to keep their vehicles on the road longer.”

via NPD Finds Consumers Beginning to Spend to Keep Aging Vehicles on the Road

Auto Parts Volume Change % Year over Year

The NPD Group’s Automotive Aftermarket Industry Monitor (AAIM) tracks retail and commercial sales at over 18,000 auto parts stores in the United States.

Considering the average U.S. car payment is $380-460 a month, it’s not surprising people are turning to more frugal solutions.

The auto parts subcategory represents a large portion of the total free classified ads in Iwanna.com’s Wheels (automotive) category, and a large audience.

Cash for Clunkers: More incentives for car buyers

Cash for Clunkers

New incentives are moving through Congress to help stimulate new car sales, including the “Cash for Clunkers” program now being discussed in the House. This is on top of the tax incentives for new car purchases mentioned here earlier.

Under the plan, consumers can turn in cars or light-duty trucks that get less than 18 miles a gallon. If they buy cars that have “window sticker” mileage ratings of at least four miles a gallon more than their old cars, they will receive a voucher worth $3,500. If they buy cars that get at least 10 miles a gallon more than their old car, they receive $4,500.

via Congress Close on ‘Cash for Clunkers’ – Wheels Blog – NYTimes.com.

Site examines new car prices

Hot on the heels of our post about now being a good time to buy a new car, a new online service has just come out of beta to help buyers and dealers evaluate pricing.

This explanation from the TrueCar site:

TrueCar is the fresh voice in new car pricing. We bring truth and transparency to the sales process by aggregating data from many different sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area.

via TRUECAR About Us.

You can read the TechCrunch review about TrueCar here.

Or you can start your car search on Iwanna, and you can sell your own car for free by posting an Iwanna classified.

Reasons to buy a new car this year

Mint.com — one of the premier startups on the Web for managing your personal finances — has posted some persuasive arguments for buying a new car this year. And this, coming from a service that preaches conservative spending practices for its users.

Mint points out that the government stimulus package provides incentives for new car buying that its users may not see again.

There has rarely been a better time than right now.

For instance:

  • You will be able to deduct the state or local sales tax on a new car purchase on your 2009 federal tax return.
  • Warranties of struggling U.S. car companies are being backed through TARP.
  • Several manufacturers are offering job-loss protection plans for new car purchases; i.e., they’ll make your car payment if you lose your job.
  • The likelihood of inflation once the economy recovers means you have more spending power now.

Mint was launched in late 2007 as a service to track automatically all your finances, from bank and investment accounts to credit cards and budgeting. It’s easy to use and provides outstanding features such as graphs of your spending habits.

As always, you can check out local car dealer inventories at Iwanna.com.


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