Posted on June 29th, 2009 by Warranty Direct
The Net is sometimes called the Web Of A Thousand Lies, and not without reason.
Just because it’s on the Internet, it doesn’t make it true. And nowhere is this more true than when looking at "Miraculous Systems That Will Run Your Car Off Of Water." Usually put together with some sort of patter about how the Big Oil/Automotive Conglomerates Don’t Want You to Know About This Big Secret.
Let’s put a fork in this one. It’s bull.
What’s happening with those hydrolysis cells is this: You’re using the electricity in your car’s battery to crack water into hydrogen and oxygen, in a low density gaseous form, to run your car off of. You split the water into its component parts, it goes into your engine, gets burned, and boosts your gas mileage. Read more...
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Filed under: Consumer Affairs, Scams
Posted on June 27th, 2009 by Warranty Direct
Used to be, buying a convertible meant that you were buying a second car that could only be used for driving on days where it wasn’t going to rain; most of the time, the convertible would be sitting in the garage, because it might have to sit out in a parking lot.
Convertibles still have security issues – parking them with the top down is an invitation to have problems in a lot of urban areas. But advances in engineering have made them much more practical all weather cars than they used to be in the past. Read more...
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Filed under: Best - Worst Cars, Buying a Car
Posted on June 25th, 2009 by Warranty Direct
Have you been wondering what will happen if your car manufacturer goes bankrupt and can’t provide warranty coverage for your new car?
This is a realistic concern that Chrysler car owners, among others, are struggling with.
Kelly Levine, Warranty Direct Sales Director, was recently featured on America’s Car Show. You can listen to her podcast right here.
What happens to your car warranty when the manufacturer goes bankrupt.
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Filed under: Warranty Direct
Posted on June 22nd, 2009 by Warranty Direct
Keeping Up With Payments in A Down Economy
Every three to four years, the big automakers have to come up with something to drag consumers into the showrooms to buy the biggest and best cars out there; their bottom lines are built on the average tenure of car ownership being about four to five years. This is why they give five year, 50,000 mile warranties and more. It also explains cash rebates, 0% interest sales and more.
With the current down economy, the newest wrinkle on this is the Payment Protection Program. In a nutshell, if you meet all the terms and conditions, if you lose your job, the company will take over paying your car payment for a specified period of time. From their perspective, missing X number of months of car payments if you lose your job is roughly the same as giving you a discount…and if you keep your job, the discount doesn’t even come up at all. Read more...
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Filed under: Buying a Car
