Luxury Car Conversions: What The Whole Fuss Is

Having a personal car has been the matter of the status from the years and is expected to continue for many more years to come. The status of a person increases more in the society as soon as he drives a new car at his doorstep, and if the car is luxurious then undoubtedly the eyes of his neighbors stare at his place. This is mainly because the price tag of which the luxury cars are priced in international market. But having a luxury car is not the bag of everyone’s shoulder and therefore lots of the car lovers across the world have to sacrifice their desire of driving a luxurious car throughout their life and have to compromise the affordable car according to their budget for drive.

But, now all this is going to be the tale of yester years as now there are various options by which these cars owners can convert their existing car into a brand new luxurious car of their choice. Recognized as luxury car conversions this trend in recent years has flourished at jet dynamic speed across the world facilitating the regular car customize their car with the features that are offered in any of the luxurious cars being sold across the world. As the general practice is refers to the third-party customization which are not offered by the original manufacturer of that vehicle but customized on the demand of the car owners according to his requirement. In simple words, it may defined as the process where in the noticeable features of some standard car are converted in resemblance to some luxurious car.

An interesting feature of getting the car conversions is that along with integration of luxurious specifications it also helps in enhancing the comfort seating experience of the persons travelling in it. The conversion also impacts the functionality of machinery installed inside the bonnet and helps in offering superior performance of the car similar as offered by its original version. It would be interested to know that till few years this type of conversion was considered as an expensive investment pulling the car owners towards additional financial burden. But interestingly with entrance of different suppliers of the part of car conversions now days different types of kits are available in market which facilitate the car owners to convert their in accordance to their preference at their own end.

The commonly preferred cars that are converted into luxurious cars are Jaguar, Land Rover, Aston Martin, Ferrari, Lamborghini, Bentley, and The Vault.

An interesting feature of getting the car conversion is that the countries where the car enthusiasts get their converted into new avatar is that this conversion is strictly done according to the norms applicable in that country. For instance in the country where cars with left hand drive are preferred then in such country the conversion will be applied only with left hand drive to comply strictly according to its transportation law. Similarly in the countries where there is condition of political and social unrest the cars will be equipped with all saving standards that will protect the passengers from any type of bullet attack.

One more thing which needs to be specified about car conversions is that along with integration of luxurious features appropriate attention is paid towards the overall outlook of the car whether it is on its exterior or interior. This includes placement of lighting, plastic cladding, roof rails etc on the exterior front.

Source by Kamal Swami

Four Tips for Renting a Limousine Car Service

It’s once again the time of the year when high school and college students begin planning for their prom or graduation ceremony. Arriving in a limousine adds a special touch to the evening, but one that can come at a price. Luckily, with these four tips, you can get a great value while showing up in style.

Determine the Appropriate Size

Not only does sharing a limo save you money, it’s also a great way to have fun getting to and from the dance. It does need some organizing in advance, however, because you’ll need to determine how many people are going with you so you can figure out how big the limo should be. Rental car sizes include sedans, 6-12 passenger limousines, SUV limousines, Hummer limousines, small shuttle buses, coach buses, small limo buses, coach limo buses, and classic cars.

Create a Budget

Most people don’t know how much it costs to rent a limousine for an evening or a few hours, so before you create your budget you will need to get some basic pricing information. You can accomplish this by performing an online search or by visiting local renters. When searching online, be sure to search for limo services in your particular zip code. This way you can ensure that the pricing information is as accurate as possible for your area.

Be Flexible

Typically, the peak season for limousine rentals is during the months of May and June. This is no coincidence, as you know; prom and graduation ceremonies occur during May and June. Because those months are peak season, if you are looking to rent a limo during that time, perhaps for your own graduation or prom, then you may want to consider being a little flexible in your renting plans. For example, if your prom is on a Friday night you may want to consider renting it in advance for two nights to ensure the rental’s availability. Doing so could also end up saving you money, as the rental company may wind up throwing in incentives such as discounts on a two-day rental or a few extra perks. Either way, you can appreciate the peace of mind that comes from knowing everything is arranged.

Focus on Value

Last, but certainly not least, it’s important to keep a focus on value. Remember, you are renting from a car service so that you don’t have to worry about transportation during one of your life’s landmark celebrations. Therefore, it’s important to focus on finding a high-value rental, rather than the cheapest one. For example, if you need extra time to allow for every member of your party to arrive home safe and sound, then by all means extend your rental contract.

For all of your limo questions or concerns, feel free to contact your local car service.

Source by Andrew Stratton

Transport Your Vehicle At A Low Price With Auto Transport Services

If you want a company to move your vehicle, you will need to engage in some serious research first. A simple internet search term for “auto transport discount” will reveal thousands of hits and it is your job to find the best ones. However, unless you really know what you are talking about, how do you recognize with auto transport discount offer is genuine and which one should not be trusted with a raw egg, let alone your vehicle? One great thing is that simply by looking into the different companies that are around, you will already learn a lot of about methods of transportation.

Finding Quotations For Auto Transport Discount

As stated earlier, the best way to learn about transporting your car is by contacting companies. However, as also stated before, an internet search will present you with thousands of hits and you probably don’t have the time to try them out both. People usually presume that the hits that appear on the first page are also the best. They usually are, but you should not accept this blindly. It is possible that the owner of the website is better at SEO marketing than he or she is at offering auto transport discount. So, unfortunately, it isn’t as simple as contacting the top five companies and hoping for the best. So how do you get a shortlist of companies that you can ask for quotations? Using common sense is generally the best policy. Look through the results for auto transport companies that you have found and think about which ones strike you as genuine and which ones do not. As stated earlier, most of the really good companies offering auto transport discount do manage to get on the first page of Google, so realistically you only have to sift through those results, or perhaps go to the second page as well. Take a look at the websites and dismiss the ones who have a website that is poorly designed or poorly written, as well as those that are too flashy. That is a very common sales gimmick and quite simply not what you should be looking for. Hopefully, once you have completed this, you should be left with no more than five different companies offering auto transport discount and with a bit of luck, the best nationwide car transport service is among that. Getting five quotations is always the best policy, because it allows you to really compare the different offers and find out who offers the best value for money. Always remember that value for money does not mean cheap. Speak to each of the companies you are considering and tell them about the vehicle that you want to have transported. Ask them how they intend to transport it. This will allow you to get a good idea of the methods employed by companies offering auto transport discount. Always ask why they choose a specific method, as this will give you a better idea of what seems safest to you.

Using The Online World Even More To Find The Best Nationwide Car Transport Service

You can actually use the internet to your benefit even more. As shown, the internet should already help you to find the best nationwide car transport service, but it also allows you to have a wider search range. If you were to use the yellow pages only, you will be limited to your geographical area and this is not necessarily the best auto transport discount that is out there. Not just that, if you were to purchase a vehicle that is far from your geographical area, it will make much better business sense to use a company that is nearer to the location of the vehicle, rather than your location as this will usually work out cheaper.

Using the internet will also help you to keep costs down significantly. A lot of companies claim that if you can find the same like for like quotation at a cheaper price, they will match it or even go below it. True, this can add some time in your quest for the best auto transport companies, but we live in difficult economic times and getting the best deal on something is very important. Also, the internet may even provide you with price comparison websites for auto transport discount, where you will be able to find the best price at just a glance. Remember, however, that finding the best price does not necessarily give you the best possible company so make sure you still check the companies out one by one. Last but certainly not least, finding a company online and booking your car transport online may give you even further discounts. Clearly, the internet is your best friend in the search for auto transport discount. Make sure …

Auto Dealer Bonds Are Highly Different From State to State

Different states have very different requirements in terms of their motor vehicle dealer bonds. These bonds are required by state legislation in order to run a car dealership, and it's essential to understand how they may differ in certain locales, and what may be required of you and your business.

The most obvious way that car dealer bonds will vary in different states and locales is the amount required. A $ 25,000 bond in Mississippi becomes a $ 50,0000 bond in Tennessee. Other states come in between, such as Georgia, with a $ 35,000 bond.

But that's not the only way that auto dealership can be different from one another. There's also the matter of renewal term, and expiration date. Bonds are typically made viable for either one or two year periods.

A state may have a set expiration date for renewal, such as Georgia, where their two year term ends March 31st in even-numbered years. Elsewhere, they may simply be renewed at the date when you first got it, as in Tennessee, when their two year term expires the last day of the month of issue for you.

Another way that your auto dealer bond needs may differ is the type of dealership that you're running. Certain states do not differentiate, and just lump everyone in the same category. Other states though very carefully and finely break down dealers into different classifications based upon what they sell.

In Florida, it's about the type of vehicle. There are half a dozen different dealerships licenses with varying needs for bonds, based upon whether you sell used cars, new cars, or both, or different types of vehicle classes, such as recreational vehicles.

In Louisiana on the other hand, they differentiate based upon volume. For dealers who sell less than 120 vehicles in a 12 month period, the bond has a minimum requirement of $ 20,000. For dealers who sell more than 120 vehicles, the bond is raised to a $ 35,000 minimum.

Keep in mind that to keep your dealership license in good standing there may be other requirements as well. Many states require garage liability insurance in order to obtain and maintain a dealer's license. In other states, as opposed to garage liability, it may be a vehicle liability policy.

Be sure to work with an experienced professional who has experience in your local area. He or she should be able to explain to you the requirements for auto dealer bonds in your state, and all of the other specifics and mandates that you need to pay attention to in order to keep your license in good standing, while also fully protecting yourself and your business.

Source by John Rothschild

History Of The Great Ford Mustang

As far as the consumer is concerned, the history of the great Ford Mustang began when it was shown to the public at New York's World Exhibition. The prototypes had been in existence since 1962, with the Mustang 1 (T-5) being first introduced to the motor racing world at the Watkins Glen Grand Prix where Stirling Moss and Dan Gurney drve it for a few laps each as a demo.

In the early 1960s, Ford reluctantly needed a new car to compete with the sporty Chevrolet Corsair Monza, and its first attempt, the Falcon Future, failed to compete. A brand new car was needed, and the idea for the Mustang was born. It was sporty and quick and a four seater. It was appealing to youngsters, and the prototype was well received when shown at the motor racing circuits.

It went in production in 1964, and was an instant hit. Its launch on 17th April, 1964 was the beginning of what was to be the most popular car ever in American history, and it sold half a million in its first year. Its customers included every age and it was equally popular to men and women.

Many of its parts were taken from the failed Falcon, and its immediate success had as much to do with the almost perfect advertising campaign as it had to do with looks and speed. The advertising power of the three major television networks was used extensively, and with its distinct mane and tail galloping across the red, white and blue of America the 'Pony Car' was the phenomenon of its age, representing the flavor of the 1960s more perfectly than its designers could ever have dreamt possible.

It was a car of its day that arrived with perfect timing. Later to be called the 1964 1/2, the original Mustang was available as a convertible and as a coupe, both with chrome wrap-around fenders, the distinct chrome grill with running pony, and a lengthened hood. Although it claimed to have four seats, the back seat was a bit small and it also sported three tails lights on each side. It has sold a million by 1966, although before that the GT and fastback model had been introduced.

The car continued to progress, and by the end of the 60s had become longer by four inches, and a lot heavier than the original, much of this in response to the development of Chevrolet's Firebird and Pontiac. It was the Corvette, however, that brought the Mustang into the road racing arena. The Mustang was so popular, especially with the young, that Ford was desperate to race it against the Corvette. However, only production two seats were allowed to race, and to enable them to do this at least 100 two seats had been produced by January 1965.

This was achieved with the help of Mustang fan and racer, Carol Shelby, who modified 100 of the 2 + 2 models into GT 350 models, in the process re-equipping them to render them more capable for racing. The suspension, wheel and brakes were all modified, and the cars were to become the basis of many future models that are even now are muchought after.

During the early 1970s the Mustang lost its way a bit and became a bit too big and unwieldy. The original grace and elan that so attracted early admirers was lost, and it became
just another car. Part of this was due to emissions regulations, but sales dropped so much that Ford had to rethink its design strategy with the Mustang.

The Mustang II was introduced in 1974, and although it was small and vastly underpowered, it takes its place in the history of the car because it brought to a halt the drop in sales. It sold because of economy in fuel, and the 1973 OPEC fuel embargo. People were afraid that a gas guzzler would hurt their pockets, and so temporarily went for the smaller car. However, this did not last long, and 1975 thought back the V8 engine to the Mustang. However, although it had a 5 liter engine, the carburetor was too small and the catalytic converter combined with that to render it lifeless.

Then came a period of relative stability although there were a few trim changes. Fans must have seen the end coming because the late 1970s saw a slight increase in sales, rather than the drop that model now deserved. The Cobra II and King Cobra versions did little to spark a return to the glory days for the 1960s, and Ford made a last ditch attempt to rewrite the Mustang in 1979. The new Mustang was available as a coup 'or fastback with a bit more room inside than the either the original or the ill fated …

How Do I Find Out How Much My Car Is Worth?

How do I find out how much my car is worth in today's market place? If you find yourself wondering about the value of your car you may be in the market for a new used vehicle and want to verify the true market value of your vehicle. Or you may be thinking about selling your car for the most money and then getting your dream car.

For whatever reasons you find yourself wondering the value of your car, knowing the true market value of your vehicle is an important factor that can save you money.

Not knowing how much your car is worth in either situation can be costly to you.

Let me further explain …

If you are selling a vehicle, you could lose precious cash without knowing the value. Or, you could be sitting on a car that will not sell because it is priced too high, and this too can be expensive.

So here are some suggestions …

Begin by doing a search on the three most popular websites for determining the value of your car. They are the Kelley Blue Book, The NADA guide and the Black Book. These sites are easy to navigate around and will walk you through the process by asking a few questions.

The sites will ask the following:

* Your zip code, your region may differ in prices over another region.

* Year, make and model of the vehicle you are searching a market value for.

* Size of engine.

* Mileage of the car.

* Any extras on the vehicle such as alloy wheels, sunroof, automatic door locks and windows.

* The condition of the vehicle you are looking for; Good, Fair or Poor.

With the information you gather from these three sites you will have the answers to the value and worth of your car in today's market place.

Whether you are buying or selling a used car, this information can be used to help save you money. If you are interested in saving some time as well as money, there is another way to find the value of your car and selling it for the best price.

If you want to sell you car without the hassle then you might want to consider using an auto consignment program. There are dealers who will sell your car and do all the work for you, including analyzing the fair market value. Why not get help from someone who knows and understands used cars? These dealers are in the used car business and have the expertise to determine the value of a car. They buy and sell cars everyday so they know what is really going on.

In addition, these same dealers that sell cars on consignment know and understand the market place. You can rest assured that the auto consultant has done the work to determine the fair market value of the car.

So, if you are trying to determine the value of your car preparing for either a sale or a purchase, a dealer that offers a consignment program may be just what you are looking for. Check it out … you'll be glad you did.

Source by Mike Reitz

Work From Home And Take Advantage Of Ebay

Many people dream of being able to work from home. Getting up in the morning and strolling over to their computer to find out how much money they made while they were sleeping. It sounds great, but the stark reality is that there is a lot of effort put out by those who are willing and capable to work from home.

In this article I'm going to explain a little bit of how to work from home and capitalize on how to take advantage of eBay's fame to help you expand your business.

First, you need to set up an ecommerce website to be able to work from home. You have to have the ability to show the goods that you are selling and then have a way for consumer to be able to buy directly off your site. Sound confusing? Do not worry, you can go to many hosting companies who have web site templates already set up for you to be able to process credit cards and paypal transactions. Unlike any other time, it is easier then ever to set up your own ecommerce website and business in order to make money online and work from home.

So now that you have your website built, you have hosting and you've selected the name of your site, you now need to have products to sell. This is where it gets fun! By doing searches online you can find sites that sell many products, or you can hunt around in your local area for great bargains.

The best way to find products that you would want to sell on your website is buying doing a search in Google for wholesale sellers. Here you will find sites that will sell to you direct for a substantially smaller amount than you would charge to a consumer. This is where you are going to make your money while working from home online.

Okay, now that you have your website up and running, you've got products that your itching to sell-now what? Now you need to go to eBay and look at what other items are selling for there. In many cases the prices are marked up to an amount that you can underbid what the going rate is on eBay and still make a tidy profit. Now remember, you will still have to sell in bulk to make your money, actually you do not always have to, and this is how you will keep a nice profit going.

A large number of people try to make there money online by jacking up the price of shipping and many buyers are getting savvy to this and do not like it. So what if you could bring a product to the market at a cheaper price then the large auction site, without raising the shipping costs, and still make money. Well, then you succeeded at what this article tries to explain in an overview setting.

For those of you who are already have built your online wholesale business, this might be an avenue for you to make additional revenue while working from home. For those of you who are dreaming about working at home on your computer online, then this might just be the ticket for you.

Source by Matt Ide

Hyundai Elantra Tops Best Used Car List

Hyundai redesigned their flagship car, the Elantra in 2001, and again, in 2007. Up to that point, Hyundai barely made any impact on the imported car market. These models were popular with the younger generation who found a way to get into a new car for a price they actually could afford.

As time has gone on and Hyundai has been busy adding new models to their stable, their new car price tag has risen into the mid-priced range. The Elantra, in particular, has made a tremendous impression on the first-time drivers and the new car buyers, alike. The Hyundai Elantra presents a peppy performance and a comfortable, tight ride. Even in the northern climates, the Elantra has shown its versatility on all sorts of road conditions without a single misstep.

The Elantra has been seen in several amenity levels, GL, GLS, LIMITED and GT. These are all generally a four-door sedan compact vehicle with leather interior in the Limited and GT models. The seats are extremely comfortable and boast electric adjustments as you would find in a far more expensive luxury brand.

Hyundai is here to stay and if the public has any say, watch out for even more advances and fuel efficiency in the future.

Hyundai Elantra is also being found to be excellent used car purchase and the search for them is growing in popularity. Their safety rating has been on the rise and their crash test scores are being raved about over at the major car report sites. You can find used Hyundai Elantras in your local classfiled ads, at the used car dealers (paying premium price), and at local car auction. The best thing about the used car auctions is that you can find your Hyundai Elantra for a fraction of its actually book value.

Remember, used cars end up at public and government car auctions, usually, due to financial repossession. These vehicles are generally late model, low mileage, and still under warranty. Take a moment to learn more about used car auctions and how you could find a Hyundai Elantra for your next vehicle.

Source by Toni Alexander

Automobile Prices For Different Car Segments

With the boom in the automobile industry in India, many world-class car manufacturers, producing cars in different sizes and different price range have established their production and operation centers in the country. Indigenous car manufacturing companies also are coming up with many new cars fitted with world-class comforts. India is a growing market for automobile companies across the world. There are a number of companies and automobile prices also vary from company to company and model to model.

Automobile prices are influenced by a number of factors. The most vital parameter in deteriorating the auto prices is the target market. India being a major focus for many world-class car manufacturers, auto prices usually under go a revision. It also depends a lot on the facilities provided and the technology involved in the manufacturing of the vehicle. The price of a particular model of car of a specific company depends on the price of the similar models manufactured by other companies.

Automobile prices also varies according to the segments of car. A particular segment comes under a particular price range. However, a little variation in the automobile prices is not applicable depending on the additional features added to that model. Various car manufacturers falling under a specific segment fix almost similar price for cars with almost similar features. Cars falling under A-segment are usually low priced. All the small cars come under A-segment cars. Some of the car manufacturers selling A segment cars in India include; Maruti, Suzuki, TATA, Chevrolet, Hyundai, and FIAT. Usually price of these A-segment cars falls under a range of Rs 2 Lacs to Rs 3 Lacs.

If you talk about the B-segment cars, they are generally larger in size and have enhanced features and functionalities. With various options for safety and comfort, these B-segment cars represent the mid-sized cars. Usually the prices of B-segment cars are not more than a-segment cars.

The next higher priced cars are fall under the C-segment cars. Some of the reputed C-segment car manufacturers operating in India include, TATA, Suzuki, Ford, Mitsubishi, Honda, Hyundai, and Chevrolet. These cars usually come under a price range of Rs 5lacs to Rs 10 Lacs or more.

The D-segment cars are different in a sense that they represent luxury. Undoubtedly fitted with the best engines to ensure optimum efficiency and fuel economy, the D segment cars give the best comfort and luxury. Mercedes, BMD, Audi, Hyundai, Lexus, and Skoda offer various D-segment cars in India. The prices of these cars can start from Rs 15 Lacs to even more than Rs 1 crore.

Source by Divya Aggarwal

Tips To Choosing The Right Auto Insurance Company

Are you in the market for better auto insurance rates? Or, perhaps you are simply looking for a new auto insurance company? Whatever your reason for shopping around, now is the perfect time to request auto insurance quotes from several companies who are more than eager to earn your patronage. In fact, many companies will compete for your business by way of auto insurance rates.

Your first step to choosing the right auto insurance company is to consider the type of coverage that you need. For instance, if you have a less than perfect driving record or past credit problems, you may want to compare auto insurance costs from companies who specialize in giving customers a second chance to earn discount auto insurance. If you own more than one vehicle, you may find that some auto insurance companies will offer cheap auto insurance rates in exchange for becoming your exclusive provider. In other words, transferring all of your policies to one company may result in discount auto insurance at its best.

The next step in choosing an auto insurance company is to look for one that rewards customers based on a good driving record. One of the keys to a respectable auto insurance company is flexibility when it comes to coverage selection and incentives to promote better and more responsible driving. In addition to comparing auto insurance rates and plans, take the time to review the auto insurance company’s policy on discount auto insurance rates for those with a safe driving record.

It’s important to realize that auto insurance rates vary from one area to the next. For instance, Pennsylvania auto insurance may be less expensive than New York auto insurance or vice versa. Regardless of where you live, however, most will agree that auto insurance is expensive and it’s essential that you compare auto insurance rates to ensure that you are getting what you pay for. A good auto insurance company, for instance, will offer various deductibles, competitive auto insurance rates and some type of coverage that allows for the temporary payment of medical bills in the event that you ever become involved in an auto accident. If you are injured as a result of another motorist’s negligence, many auto insurance companies will pay for your medical bills and later seek reimbursement from the faulty individual(s). This is a great relief to many, especially those who may not otherwise have health insurance.

As a final thought to choosing an auto insurance company that offers the best auto insurance rate, free auto insurance quotes and/or a flexible program that can be customized to fit your individual needs, simply take the time to shop around and compare auto insurance from more than one company prior to making a final decision.

The information in this article is designed to be used for reference purposes only. It should not be used as, in place of or in conjunction with professional financial or insurance advice relating to auto insurance quotes, discount auto insurance or auto insurance rates. For additional information or to receive an auto insurance quote, contact a local auto insurance company.

Source by Andrew Daigle

Over 40 Ways to Decrease Your Auto Insurance Costs

There are multiple articles titled “7 ways to save on car insurance” or “5 Tips to lower your auto insurance costs” etc, but would it not be great to have all those saving tricks and discounts at one place? Below you will find such a list for Auto insurance. This list is a comprehensive overview of all opportunities to save on car insurance in Canada, and was compiled based on the results of numerous discussions with insurance brokers and through analyses of different insurance offerings.

1. Shop around: Search, Compare, and switch insurance companies. There are many insurance providers and their price offerings for the same policies can be very different, therefore use multiple online tools and talk to several brokers since each will cover a limited number of insurance companies.

2. Bundle: Do you need Home and Auto Insurance? Most companies will offer you a discount if you bundle them together.

3. Professional Membership: Are you a member of a professional organization (e.g. Certified Management Accountants of Canada or The Air Canada Pilots Association)? Then some insurance companies offer you a discount.

4. Students: Being a student alone can result in a student discount.

5. Alumni: Graduates from certain Canadian universities ( e.g University of Toronto, McGill University) might be eligible for a discount at certain Insurance providers.

6. Employee / Union members: Some companies offer discounts to union members.

7. Seniors: Many companies offer special pricing to seniors.

8. Direct insurers: Have you always dealt with insurance brokers / agents? Getting a policy from a direct insurer (i.e. insurers working via call-center or online) often can be cheaper (but not always) since they do not pay an agent/broker commission for each policy sold.

9. Annual vs. monthly payments: In comparison to monthly payments, annual payments save insurers administrative costs (e.g. sending bills) and therefore they reward you lower premiums.

10. Loyalty: Staying with one insurer longer can sometimes result in a long-term policy holder discount.

11. Annual review: Review your policies and coverage every year, since new discounts could apply to your new life situation if it has changed.

12. Welcome discount: Some insurers offer a so called welcome discount.

13. Benchmark your costs: Knowing how much other consumers similar to you pay for their insurance can help you identify the most cost-friendly insurance providers.

14. Car Insurance Deductibles: Increase your car insurance deductibles if you believe that you are capable of incurring higher payments for damages in case of an accident. This is especially suited for more experienced car drivers.

15. Being a second driver: Driving a car only occasionally? Become a second drive instead of being a principal driver

16. Minimal coverage: Driving an old car without large value? Get a minimal coverage required by law (mainly liability) w/o collision damage (you are still protected if you damage somebody’s car but damages on your car will not be covered)

17. Minimal Coverage: Driving an old, inexpensive car? Then only get a minimal coverage plan which is required by the law (mainly liability) without collision damage coverage (does not cover damage costs for your vehicle)

18. Leverage your Credit Card: Check if your credit card insurance includes rental car protection. Paying with a card that has insurance for rental car protection can you save you around $20 per day in Collision Damage Waiver fees.

19. Leverage rental car coverage: If you frequently rent cars and have an auto insurance policy, you should check if your own auto insurance policy actually covers the rental car. If it is the case, you can save on all Collision Damage Waiver costs for rental vehicles.

20. Rental car rider: If your existing auto insurance policy does not cover your rental car, you can often add it as a rider (policy extension) for $20-30 dollars a year. Compared to $20/day you would pay when renting a car, it’s not a bad deal!

21. Location, location, location: Car insurance costs are different from one province to another (e.g. moving from Ontario to Quebec will surely reduce your insurance costs by half). If you move within a province, you should check for any changes in car insurance costs, and ideally you should move to where costs are lower (e.g. Burlington, Ontario has one of the highest car insurance rates in Ontario)

22. CAA member: CAA Members: Are you a member of the CAA? Some insurance providers will reward you with lower insurance premiums, including, of course, the CAA.

23. Dashboard camera: Get a dashboard camera for your vehicle. Even though installing a dashboard camera does not result in direct savings (insurance companies do not offer any insurance discount related to dashboard cameras) but it can prove you not-at-fault when it is the case in an accident. It results in you avoiding unfair …

The Burn Rate

In the surety underwriting business, we are forward looking. Bond decisions are based on a variety of factors including “The Four C’s of Bonding” (Read Secret article #5). Surety capacity levels are determined and used as a guideline to administer the account. That all makes sense.

However, the forward looking analysis makes assumptions – that may or may not be correct. If they are incorrect, the outcome could be devastating for the contractor and surety.

In this article we will delve into an aspect of evaluation used extensively by investors, but not so much by bond underwriters. It is called the Burn Rate.

Here is the internet definition:

Burn rate is the rate at which a company is losing money. It is typically expressed in monthly terms. E.g., “the company’s burn rate is currently $65,000 per month.” In this sense, the word “burn” is a synonymous term for negative cash flow.

It is also a measure for how fast a company will use up its shareholder capital. If the shareholder capital is exhausted, the company will either have to start making a profit, find additional funding, or close down.

Very interesting. The reason our underwriters use the Burn Rate is because of the assumption it does not make…

Think of how a typical surety line operates. The surety (the surety industry for that matter), assumes their client will have enough future work to fill the bonding capacity limits. But what if they don’t? Can we predict the company’s ability to survive with inadequate revenues and in the absence of profits? Would this not be an important measure of financial strength and staying power?

The Burn Rate enables us to find the company’s “Runway,” which is the time it can survive without new funds coming in.

Here’s how to calculate a company’s financial Runway, the time it can survive on existing capital. This is a hard core analysis that eliminates all expectation of new revenues.

The formula requires two elements:

  1. Working Capital “As Allowed” by the underwriter’s analysis
  2. Average monthly fixed expenses

Working Capital (WC), as you may recall in Secret #4, is a measure of the company’s short term financial strength. It calculates the assets readily convertible to cash in the next fiscal period. Every underwriter identifies this number during their financial statement review.

If future revenues are inadequate, what is the company’s survivability? The Fixed Expenses help us determine this fact. These are the expenses that don’t go away, even if there are no new revenues. Every month, you pay the rent, utilities, administrative staff, telephone, maintenance, insurance, etc. These expenses are coming regardless of how much or how little sales are achieved. In the absence of future revenues, it is Working Capital that must pay these monthly bills. The Runway is how long the company can operate in this mode. The Burn Rate reveals this survivability.

An actual client:

12/31 Working Capital As Allowed from the Balance Sheet = $1,099,000

1/13-12/31 Total Expenses from the Profit and Loss Statement (not including Cost of Goods Sold, aka Direct Expenses) = $1,243,000

Burn Rate: Average Monthly Expenses = $1,243,000 / 12 = $104,000 per month

Runway: WC Divided by Average Monthly Fixed Expenses

$1,099,000 / $104,000 = 10.6 months

Based on current expected cash flow, the company can cover it’s fixed (unavoidable) operating expenses for 10.6 months even if it has no income/ profits from new revenues. The Runway is 10.6 months. This measure of survivability can be compared from period to period, by year, or from one company to another.

Our national underwriting department brings this high level of expertise and willingness to all your bid and performance bonds.

Source by Steven Golia

Getting Around When Travelling Requires A Car Hire

People travel around the globe all the time, and find themselves stuck. Whether you’re going international or you are staying local, you’re going to find that mobility is something that you have to think about. Before you venture forth with a car hire, or perhaps rent a car, you should absolutely consider a few tips and tricks about this. You could easily find yourself spending a lot of money on this, when you don’t have to. With that in mind, consider the following elements when booking your next trip.

How Big Is Public Transit?

Here is the first thing that you need to consider, and it’s in regards to public transportation. Are you going to be visiting a location that has a lot of this for a low cost? Furthermore, does it get packed? There’s nothing worse than venturing to a new locale, and stuffing yourself into a bus. Some options are simple, like subway systems, as they don’t get nearly as crowded as some finite options like buses. Think about this as you look for a cheap car hire.

Renting A Car

You could very well rent a car. That’s right, you could get a ride wherever you go. When you do that, you’ll be able to navigate through the highways and byways that are out there. However, you need to also keep in mind that you may not know where you’re going, and will need to purchase the GPS element upgrade. When you get a GPS, you could try to decipher where you’re going and where you want to visit. Renting a car is great, but don’t just jump into any option without a GPS element in place.

Never Be Without A Ride

The main reason why you should explore this option is simple. You want to make sure that you always have a ride. Whether you’re traveling abroad, or locally, it’s best to have a way to get to and from the airport, and to your hotel. Furthermore, you will want to visit the many tourist locations and beyond. You cannot do that when you are without a car or ride. You need to understand this as you book your flights and more. Some people dismiss this, and end up stuck in their hotel or nearby, because they don’t know the language or they simply didn’t think about getting a car hire.

Be Mobile

If you’re going to visit any destination, make sure that you take the time to get a car. Whether it’s a simple option or a larger solution, this is going to pay off big time. You want flexibility whenever you are out of your hotel. Getting to and from the airport is simple enough, but if you really want to see the world, make sure that you’re mobile. Mobility is everything when you are in a new location, simple as that. The above elements are just a few ideas to consider as you seek out options that are available. Take your time, book early, and watch what you will see overall.

Source by Anthony Dee

Fed Up With eBay?

For many people, their first experience of working online involves selling products on eBay. This was how I got started back in 1998 and I know countless other people that have done the same.

However, it is important to remember that eBay is not the 'all and end all' – there is a much bigger online world out there. My reason for mentioning this is that I have spoken to three people this week who each make a decent full or part-time income on eBay but who are fed up with it and looking to move in other directions.

Having sold on eBay myself, I can understand why sellers do get tired / bored / frustrated with the auction site – it is highly competitive and it takes an incredible amount of hard work to succeed. In addition, it is normally the case that the more successful you become, the harder you have to work. Listing auctions, handling customer enquiries, packing, shipping, sourcing / buying stock, keeping up with feedback, monitoring the competition – selling on eBay is a tough job and it is no wonder that after working in this way for a few years, many people wish they were back in the land of the employed !!

Do not get me wrong, there is good money to be made on eBay for anyone willing to put the effort in and many people enjoy trading on this huge auction site. But it is not for everyone.

Having spoken to numerous eBay sellers in the past, it seems to me that of the ones that do not enjoy working on eBay, the particular task that they enjoy the least is the packing and shipping of products. Funnily enough, this is exactly the bit of trading that I grow to dislike too.

I (and the sellers I have spoken to) did not have a problem with creating sales descriptions, dealing with emails, collecting payment (naturally!) And the other administrative tasks involved in running an online business. But wrapping things up and taking them to the post office is something completely different and for me and many others that's where it started to fall apart 🙂

As I said at the beginning of this article, if you are getting fed up of doing the eBay 'thing' or if you just do not fancy the idea to start with, there is a wealth of alternative opportunities available online. My own solution was to get rid of the one aspect of eBay trading that I did not enjoy – the packing and shipping – and start to produce and sell digital products which could have delivered to the customer automatically. I still have to write sales pages and build websites, I still have to deal with emails etc but I do not have to handle any physical products (either do I have to deal with payment collection because that too can be handled automatically by software) .

Of course my products are very relevant to eBay sellers and indeed, there are numerous individuals and companies out there that have made a fortune off the back of eBay without ever having sold a single product on the auction site. I am sure that there are numerous other problems that eBay users have that could be solved with a new piece of software or a particular service and if the idea takes off, there are 135 million registered users on eBay to market to!

eBay provides a wonderful opportunity for hundreds of thousands of people but it is not for everyone and if you find yourself frustrated / bored with the same old routine everyday, start to look for something outside of the eBay world.

Copyright 2005 Richard Grady

Source by Richard Grady

Vehicle Insurance Quote

When you're shopping around for car insurance it's important to get several vehicle insurance quotes in order to compare the top insurance companies. There are a few other steps you can take in order to get the lowest quotes possible.

The first thing you should think about is the safety of your car. Insurance companies know all the statistics about vehicle safety tests and car security systems. If you're thinking about buying a car you should get one that has done well in crash tests. It will cost you less when you pay your premiums and it will keep you safer. If you already own a car consider getting a car security system like OnStar. Many insurance companies give discounts for these types of security systems because they reduce the chances of theft.

Another thing to consider is driving less to save money on insurance. Insurance companies take into account how much you drive into their quotes on insurance. The more you're in your car, the more likely you are to be involved in an accident. If there's any way to reduce your commute or use your car less you should try to do this.

Are you comfortable paying more on your deductible? Your deductible is the amount you have to pay if you get involved in a car accident. The more money you're willing to pay out of your pocket in these situations, the less the auto companies have to pay, and the less they will charge your for car insurance. If you think about these changes you can make, you should see a great reduction in your vehicle insurance quotes.

Source by Brandon D Rowe

Where To Find Auto Information

Almost everyone in the United States has something to do with automobiles. We ride in them, we own them, we know someone that owns one, or we may work on them. Not everyone knows as much about automobiles as they should. There are some auto enthusiasts that know a lot about one particular type of car, but may not know anything about another type of car. How do you go about gathering auto information on cars, trucks, and things of this nature?

The number one place to find auto information on any type of car is to talk to people who know the information. You can talk to mechanics who work on the vehicles and learn everything there is to know about them. The mechanic knows what is good about the cars that they work on, and what is bad about them. They know how to repair them, they know their value, and they know where you can find most of the accessories, and parts, you may need them.

There are several different magazines that are written on vehicles. Auto information on classic vehicles, specific types of vehicles, and general auto information is available in these magazines. You may need a dictionary of auto terminology when you first start to read the car blogs, and articles written in these magazines, but you can find out a lot of useful information from them.

The internet will give you access to the web pages of the car manufacturers. There is plenty of useful auto information on these web pages. You can find out about the different features that are offered on the vehicles. You can find out about any recalls that may have been issued on the vehicles. You can find out about the changes that have been made to the vehicles through the years. You can even find dealers, and service technicians that are in your area from these web sites.

People who have an interest in something often write "blogs". Blogs are posted on the internet in several different places. Car blogs are usually written by people who love one particular type of car. The Mustang has many different web sites where people write what they know about the car, the history of the car, where to find classic versions of this car, where to buy accessories or parts to rebuild one of these cars, and even pictures of these cars. Auto enthusiasts are dedicated to getting the word out about the cars they love.

Car shows are a great place to go to see many different types of vehicles, and to learn information about the vehicles. The people who bring their cars to these shows are more than willing to talk with you and tell you all about their car, what they love about that type of car, and how you can get a car like their.

The American love affair with automobiles is unlike any other infatuation. People are obsessed with vehicles, the way they look, the way they perform, and improving their performance.

Source by Afshin Nejad

Where to Find Cheap Car Insurance Broker?

Car insurance companies have many different insurance policies which can make it very confusing for the first timer who hasn’t had to find car insurance before. However for people also looking for ways to save, they would normally think twice before asking help from a broker as they see this as just another additional expense on their part. In reality though if you find the right cheap car insurance broker, they may end up spending less money and getting a insurance policy with a reputable company.

Getting help from car insurance brokers can actually save you more money than you think. With an expert helping you out in looking for a good insurance quotation; you do not need to spend your time looking around and asking for different policies. Brokers can just give you suggestions or even refer good companies where you can try and apply your car insurance. Then, they can explain the quotations well to the applicant so they do not misunderstand or miss anything in their contracts. When the person applying for insurance fully understands the contract he has, then he can then decide whether it is a good policy or not and whether it is enough or not. They can then ask their broker to add some quotations that the client feels like they need and remove some that they find unnecessary for them.

In doing that, clients end up with a customized insurance that would definitely be suited for their personal needs. With this, they actually save up more money rather than just applying for more than one insurance quotation from different insurance companies just so they can get a complete coverage on their cars.

Finding a cheap car insurance broker to help a person do those above mentioned things in his insurance policy is easy. Most experts have advertisements posted in directories where anybody can get their contact numbers if ever they would want to hire them for their insurance application needs.

Source by Isobel Gibbons