Used Car Buying: What Not To Do!

By JD Theis

If you are thinking of buying a car, then in most cases, you will get a much better return on your investment as well as value for your cash, if you buy a used model instead of a new can. However, buying a used car carries more risks than buying a new one. Identifying the major pitfalls that you may face when you buy a new car and avoiding them can lead you to a purchase that you will always be happy and satisfied with.

Not doing a number of things can often help you in saving money and getting a lemon free deal when you buy your used car.

There are a few key things, which you must not do so that you get a good used car buying deal, such as:

Middlemen and Agents: With the internet turning the whole world into a giant marketplace, you can easily do away with crafty used car dealers and instead search for car sales by owners on a reputable used cars for sale website. Since the owner in most cases is going to be a novice just like you at trading cars, you will be able to avoid high prices, misleading jargon and other regular tricks of the trade when you buy your used car directly from the owner.

Buying A Car without Thorough Research: Buying a used car online will often let you get vehicles at prices that are unthinkable in the brick and mortar world. However, the downside is that you might not be able to test drive the car if it is located far away from where you live before you buy it. Whether you buy online or not, make sure that you do not end up with a lemon just because you did not do your research well. Research involves checking out the features and the shortcomings of the model you are planning to buy, getting an estimated price based upon mileage, model year, features and accessories from a used car authority like Edmund's, Kelley's or NADA and getting a Vehicle History Report to check if the car has been in any accidents.

Not Able to Test Drive before Buying: It is true that sometimes you get a very good deal far from you stay and you may have to buy the car without being able to test- drive or check out the car. It is possible for you to visit a local car dealer and test the car model which you want to buy, to make sure that this model is appropriate for your needs. A better way of course, is to only include areas where you can in person and check out a car, before you purchase, in your online auto search. - 21396

About the Author:

Car buying is now made easy by ibuyer.com, which features a wide range of used cars for sale. Deal directly with owners who have posted their used cars online to get the best prices!

Types of Life Insurance Policies

By Amy Nutt

Life insurance is one of the most important investments a person can make. Life insurance gives people a way to provide for their families once they have passed. They can help their family by paying off outstanding bills such as a mortgage or credit card bills. A well, it can provide for the children's educational future.

There are many different types of life insurance policies available on the market. Before you select a life insurance policy, you should be aware of the different types.

The following is a list of the different types of life insurance policies:

Term Life Insurance: Term life provides a death benefit for only a specified period of time. If one dies during the coverage period, the beneficiary will collect the death benefit. If a person lives beyond the set term period, the coverage will end and the policyholder will not get any of the money back. The number of years of coverage can range from one to thirty. Term life insurance is the most affordable insurance choice for young and healthy people. It is important to remember that if the policy expires and you want to renew, you will have to pay a higher premium because you will be much older, and maybe even have some health problems.

Whole Life Insurance: This type of insurance contains a fixed premium and is considered the most simple permanent life insurance policy. The premiums are paid once each year. It has a savings element that earns cash value. When making premium payments, one will pay more than is required to cover the current costs of insurance coverage. The surplus payment is put in a cash value account. The policyholder has no say in where the money is invested. Whole life insurance will remain intact for as long as the person is alive.

Universal Life Insurance: With this type of insurance, reducing or increasing premiums will effect the growth of the cash value element and maybe even the death benefit. It allows the policyholder to transfer funds between the insurance and savings parts of the policy. The Premium rates are flexible.

Variable Life Insurance: This policy gives the policyholder control over how often and how much the premium payments will be. There is no guaranteed minimum cash value or death benefit. As well, this type of policy gives the policyholders control over where their savings are invested. This policy contains a number of investment choices called sub-accounts which are managed by professionals. If the cash value account goes over a specific amount, the death benefit will increase. Premiums with this policy are fixed.

Universal Variable Life: With this type of policy, the flexibility of universal life is combined with the investment control of variable life. The amount of the final death benefit and cash value depends on investment performance.

No matter which life insurance policy you choose, you get to decide how it can be used to help loved ones after you have passed. Understanding what types of insurance policies are available will go a long way in ensuring your loved one's future will be sustained. - 21396

About the Author:

Full service brokerage offers corporate and personal insurance solutions. When looking for the best protection and information on Car insurance Whitby, Home Insurance, Life Insurance Whitby options.

Types of Car Insurance Policies

By Amy Nutt

The law requires that anyone who drives a car must have car insurance. Purchasing car insurance involves buying a policy from an insurance provider. The premium you pay depends on a number of factors such as age, gender, and the make, model, and year of the car. When you look for an insurance policy that will provide you with appropriate coverage, it is important to understand the types of car insurance policies that are available.

The most common car insurance policies include:

Liability Coverage: This type of insurance is a must-have for every driver. It provides coverage for accidental physical injury and damage to property caused to another person. Physical injury damages can be pain and suffering, medical bills, lost wages, and rehabilitation. Property damage can be damage caused to another driver's car. State laws determine how much liability coverage you must purchase. States provide a minimum set coverage that one must have, but most people protect themselves by purchasing more liability, however you can always get more coverage. The law requires liability coverage because most people do not have the money to compensate another person for an accident.

Most insurance companies will provide coverage for a maximum limit as outlined in the insurance policy. The liability coverage limit can be anywhere from $50,000 to $1,000,000. The amount of liability coverage you acquire will determine how much your premium will be. The higher the liability coverage, the higher the premium will be. Most experts recommend coverage of 1, 000,000 to ensure that you are fully protected. It is best to have at least $500,000 or $1,000,000 liability. This will make certain that you will be able to cover all damages and expenses that you may be responsible for paying.

Comprehensive Coverage: This coverage will cover any damage to your car that is not caused by another driver. Examples include fire, theft, (including car parts) weather damage such as hurricanes, floods, hail, ice storm, vandalism, hitting a object such as a deer, etc. Comprehensive Coverage is optional and is usually purchased for vehicles that are worth more than $1000. Deductibles can range from $250, $500, and $1000.

Collision Coverage: This type of coverage covers your car if it is damaged from a collision. For instance, you are covered if you crash into a fence or another car. This policy provides coverage for all damage minus the deductible up to the set maximum limit. It has to be an accident such as a collision caused by slippery roads. Deductibles range from $250, $500, and $1000. You should get this policy if you have an expensive car.

In order to ensure you are fully protected in the event of an accident or another car related mishap, you need to understand the details of each car insurance policy. As well, you must comply with state law regarding the type of insurance that they mandate for all drivers. To avoid unnecessary financial and emotional hardship, choose the policy that best meets all of your needs. - 21396

About the Author:

Auto Club Organization serving in the areas of travel, roadside assistance, and Ontario region car insurance

A Review Of Lionel Model Trains

By Ferdinand Emy

When talking about classic model trains, its almost imperative to mention Lionel model trains. There are few other names in the industry that can compare to the history and quality that is associated with Lionel model trains. For the most enthusiastic, collecting Lionel model trains has been a life time hobby. Certainly, a lot of the fun comes with producing a little city, desert, or forest for your train to run via.

The story of Lionel model trains goes all the way back to 1900, just a bit over 100 years ago, to a time when trains were as common as butilizes and taxis are today. Joshua Lionel Cowen, a son of immigrants, created his first train, no doubtless after having first hand experience of watching and riding real trains. The earliest Lionel model trains manifested Lionels own handcraftsmanship and love for the machines, with a level of detail and quality that were the staple of the Lionel Brand.

Because of their age and rarity, old Lionel model trains are considered collectors items, with some models selling for large|big quantities of money. And that is if you may find them in the first place, as most owners of those rarities will refuse to sell their priced trains.

There have even been examples when a person backs away from a deal at the last moment, when he or she realizes that he or she has to give his Lionel to the buyer.

All the same, not all Lionel model trains are such valued pieces of collection. Most of them are just that, model trains to savor as a hobby.

Some individuals think that Lionel model trains are an pricey hobby. Actually, it all depends on how much you love model railroading. Money can relative to the value you feel your receiving, and this is no diverse from any other hobby. For instance, a good number of people would pay a lot of money for a plasma TV, even if they have a standard TV already. Others wouldnt think the transform in quality is worth the price.

Well, the same thing occurs when buying Lionel model trains. Some individuals will think the locomotive, a couple of cars and a simple indoors oval rail track is enough. Others will purchase equipment to build tunnels and holes via their walls, and refashion their gardens with bonsai tree to give the whole area where the train will be a more realistic look.

You may pick any of those approaches or something in the middle. At the end of the day, you select your level of commitment to model railroading. After all, a toy train is meant to be fun and amusing. - 21396

About the Author:

Join the world of HO Model Trains now, learn from the experts how to build your own railroad.

Rates are Rising - Time to Think About Refinancing Your Car Loan

By Frank Jenkins

In these tough economic times it is hard to really predict when things are finally going to turn around for the better. But, because of the financial turmoil interest rates are at an all-time low.

The bad news is that these low interest rates will not last. Soon, and no one knows exactly when, banks and lenders are likely to start raising rates to make up lost revenues. And as the economy picks up you can count on these rates rising.

Because of rising rates, now is the perfect time to consider refinancing a car loan with a high interest rate. There have been a lot of changes in the banking and automotive industry that make now the best time to take advantage of low rates. And with fewer people buying new cars lenders are more likely to consider a refinance.

The fact is that banks make money when they lend money. And if few people are taking out new loans then they have to help people refinance as another way to make some additional revenue. So it's a great time for consumers to save!

You've probably seen in the news all of the things that the government is doing to help the major auto manufacturers. Whether you agree with what they're doing or not, the fact is that once everything is restructured and they get back on their feet rates will likely go up. This is one more reason to seriously consider refinancing a car loan with a higher interest rate.

But not all loans are worth refinancing. First of all, you need to still owe around $7000 or more and have a high enough current rate to make it worth it. Shop around and do your homework to see if this is the right move for you.

Banks and lenders are desperate at the moment to acquire new loans and refinance existing ones. As a borrower there are a variety of auto loans available to suit your needs. Whether you want to take a short term loan and pay off your car quickly or if you desire the stability and security of a long term structured loan you can save money by refinancing your loan now while interest rates are still low. - 21396

About the Author:

Chances are that you could save a good amount of money right now with a refinancing a car loan. Do your homework and make sure to get the best deal on your refinance car loan, but start looking for a good deal now!