Car Leasing Deals

Posted on 06. Jun, 2010 by admin.

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In this article we will look at the costs of leasing a car and compare it with the costs of purchasing one. These costs are approximations, and car leasing deals are agreed in detail between the dealer and the customer, however the figures that we present here should at least provide you with a guideline on the relative costs.

Here we will consider a top of the range Ford Kuga car, the 2.5T 5 door automatic which costs £27,250 including all the extras that we have chosen. It is usually possible to get a good deal when buying a new car, so we will assume that we can negotiate a real price, the price that we would normally pay, of £26,000.

Next we need to look at how many miles we expect to do and that time that we wish to keep the car. Once we have these, then the next step is to determine how much the car will have depreciated in value during the course of the lease.

Car depreciation is not linear. Firstly it is very steep during the first year of registration; it then flattens off considerably for successive years. If we assume that we will do 12,000 miles a year and that we will keep the car for three years, then by the end of your three the car will be worth about £8,000.

With a Ford leasing deal, we are compensating the dealer for the value depreciation of the car. After the leasing period we return the car and the dealer sells it on in order to recoup the value that is still retained in the car.

Leasing this car for a three year period would cost approximately £660 a month including VAT.

If we took out a car loan to finance the purchase of a new Ford Kuga it would cost us approximately £860 a month assuming that we own a home. Thus our monthly outgoings are reduced by £200 a month. Over a year the is £2,400 and over the three years of the contract is £6,200, which is a massive saving.

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2011 Hyundai Sonata Hybrid

2011 Hyundai Sonata Hybrid

Posted on 30. May, 2010 by admin.

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The new 2011 Hyundai Sonata Hybrid is one of the most attractive consumer cars of 2011, with a stunning interior, n aerodynamic and sleek exterior, and overall performance that can compete with any other mid-size sedan on the market. In fact, experts believe it will set the bar for all other mid-size sedans released this year.

Unlike many other hybrid vehicle variants, the hybrid version of the Sonata is strikingly different from it’s conventional counterpart. Everything from the headlights/taillights to the tires and side sills are completely different in the hybrid version of the 2011 Hyundai Sonata. Of course, these changes may appear to be simply cosmetic, but Hyundai insists that they make the vehicle more aerodynamic, thus allowing for more gas mileage.

The 2011 Sonata Hybrid is the first consumer vehicle to use Hyundai’s Hybrid Blue Drive Technology, which is a proprietary platform that has been used in prototype vehicles for a while now. The unique Blue Drive can operate fully independent of the opposing power source. In other words, the driver can choose to run the car using it’s 40-horsepower electric motor alone, or the 169-horsepower gasoline engine.

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2010 Cadillac SRX 2.8L Turbo Review

Posted on 11. May, 2010 by admin.

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The 2010 Cadillac SRX 2.8L Turbo is a drastic improvement over it’s predecessors, in fact would some would even say it looks like a completely different car. The new 2010 Cadillac SRX 2.8L Turbo is shorter in stature, shorter in length, and overall it looks a lot less like a wagon and more like a stylish SUV coupe. However, it should be noted that drive-wise the car does not favor an SUV because Cadillac has removed the CTS-based, rear-drive platform, third row seating, and of course the 4.6 liter Northstar V-8.

Instead of being like the rest of the SUV coupes on the market, the 2010 SRX is a purebred crossover vehicle, competing heavily with the Lexus RX 350. Many believe that Cadillac has outdone Lexus this year, offering a 2-row, 5 passenger SUV with all wheel drive. In comparison to other mid-sized SUVs it is not the fastest on the market.

With 300 horsepower it appears to be a formidable opponent for any mid-sized SUV, however due to it’s weight it takes about 7.6 seconds to reach 60 miles per hour from a stand still. This makes the SRX a surprisingly slow mid-sized SUV despite it’s Cadillac heritage. However, safety-wise the vehicles thrives due to it’s premium braking abilities and 5-star safety designs. While the 2010 Cadillac SRX 2.8L Turbo is not the fastest mid-sized SUV, it does bring in about 20 miles per gallon gas mileage, which is definitely a plus.

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2010 BMW X6 ActiveHybrid Review

Posted on 14. Apr, 2010 by admin.

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The BMW X6 ActiveHybrid is a unique hybrid vehicle, bearing the famous chrome badge below the X6 moniker that signifies it’s BMW hybrid heritage. Compared to other hybrid vehicles this car drives with style, luxury and class.

While BMW is known for their name, this car is more than just a name. The 2010 BMW X6 ActiveHybrid carries a dual electric-motor inside of a sport/utility coupe that gets an average of 18 mpg gas mileage.

This car is not only fuel efficient, it is also fast, going from 0-62 miles per hour in just 5.6 seconds – so fast that the shiny little badge we mentioned earlier can’t even be seen! The 2010 BMW X6 ActiveHybrid is BMW’s first dual-mode hybrid available. Not to mention it is a one of the only hybrids available that is not a small car made for people of shorter stature.

The BMW X6 ActiveHybrid boasts extensive legroom and luxury features to boot. Many car companies have hesitated when it comes to making a dual-mode SUV because a lot were worried about decreasing the performance of the vehicle. Of course, BMW had to go above and beyond the competition by creating a hybrid SUV coupe that gets about 20 miles per gallon, is packed with luxury features, and goes 0-60 in about 5 and a half seconds.

Nothing short of amazing.

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