Georgia the Most Expensive State To Own a Car?

Which is the state that you do not want to be living and owning a car? 
That would be the state of Georgia. Not only is this state in the the top five most expensive places to own a car, but if you don’t own one your only making it harder on yourself because this state also lacks public transportation, which would help people get around to where they need to go without using there cars. 

Even if your just driving by Georgia, you will find that gas to fuel your car in Georgia will be above well average prices, which is one on the reasons why it’s so expensive to own a car in addition to the taxes, fees and insurance. 
To own a car in Georgia it will coast you about $4,233 annually, which is about $1,000 more than the national average, according to Bankrate.

The other four states on the top five for auto expenses are:

  • California—$3,966 
  • Wyoming—$3,938 
  • Rhode Island—$3,913 
  • Nevada—$3,886

Read the full article here:
http://www.atlantamagazine.com/agenda/2013/09/23/study-georgia-is-the-most-expensive-place-to-own-a-car

How Long Should Your Auto Loan Be?

When financing a car today you have many options on the type of auto loan you can choose, there are 24, 36, 48 and even 60 month loans available. More buyers today are financing their car for 60 months or more. Such a loan will give you a lower monthly payment but you will pay more interest over the life of the loan. You may also find it harder to qualify for a longer loan, as lenders require top notch credit for extended repayment terms. 

Are Lower Payments Worth the Extra Interest?

The question you will need to answer is if an auto loan with lower monthly payments will be worth the costly extra interest you will pay over 60 months. With qualifying for a longer auto loan being harder, shopping online will be one way to find and obtain a 60 month auto loan. Shopping around to find the best auto loan no matter how many months you plan to finance it for is the best way to get the most for your money.

Read the full article here:
http://www.motiveautofinance.com/234/is-a-60-month-auto-loan-a-good-idea/

Tank Town USA Doing a Crushing Business

Ready for a good time, a real good time? Then head on down south to Morganton, Georgia for a raucous day of driving tanks. Morganton, a hamlet in the northern reaches of the Peach State, is home to Tank Town USA, an amusement park of sorts where everyday folks can drive British FV-432 Armored Personnel Carriers around five acres of fine Georgian soil.

Opened in April of this year, Tank Town USA is the culmination of the long-held dream of Todd Liebross who has been collecting old military vehicles for decades.

So far, reviews for Tank Town USA are thumbs up. “I have to say it was an absolute hoot,” said Lori Lockman who had been given a day at Tank Town USA by her husband for her 50th birthday. “Car crushing was the best part. It was bit scary at first to roll over it. But the crunchy sound it makes—and that back windshield blowing out-were incredible. I also loved the fact that I was able to keep my hat on the whole time—just like the Queen would have done.”

Nissan Promises Self-Driving Car By 2020

With over 40,000 deaths and $160 billion in damages happening in traffic accidents in the United States every year, the promise of a self-driven car which can prevent most of these accidents seems to be too good to be true. However, Nissan CEO Carlos Ghosn has pledged that the automaker will have fully autonomous cars on the market by the year 2020. Google has been a pioneer in this field, and a few luxury auto companies including Mercedes, Lincoln and Infinity now offer cars with some self-driving features. These capabilities use radar, GPS and software systems, yet all previous work in this field has relied on some external links. To date none of the cars on the market offer a completely autonomous driving experience. In order to investigate how the software, laser scanners, radar scanners, cameras and other technology needed will function in real-life situations Nissan will open a special test track for fully self-driving cars located in Japan in 2014. Ghosn promises Nissan will offer the fully autonomous driving capability on all of its models by 2020.

Read the full article here:
http://autos.yahoo.com/blogs/motoramic/nissan-becomes-first-automaker-promise-self-driving-cars-181703754.html

Ultimate Car Show in Newnan This Weekend (June 29)

This weekend, Southtowne Chevy in Newnan, GA, is presenting the 5th annual Ultimate Car Show in association with the Peach State Corvette Association. The show will run from 9:00 am to noon, with awards being handed out at 3:00 pm.  There will be awards for the following categories:

  • Best Chevy
  • Best Ford
  • Best Mopar
  • Best Corvette
  • Best Custom Rod
  • Best BOP
  • Best Truck
  • Best Motorcycle

Proceeds go to benefit Southwest Christian Hospice and Hope House.

Address:

Southtowne Chevrolet
695 Bullsboro Drive
Newnan, Georgia 30265

Directions:

I-85 South to Exit 47, Newnan, turn right, 1 mile on left.

Entry Fees:

$25 to show, $10 to display.

The first 100 cars registered get dash plagues!

For more information, check out the Peach State Corvette Association.

Deficiency Balances Explained

If your vehicle is repossessed, you may face the dreaded “deficiency balance.”  What is it? A deficiency balance is simply the leftover payment due after collateral (your vehicle) is sold off to help pay off the seized property. If the collateral sold off does not pay off the loan, then the leftover balance is what we call the “deficiency balance.” Deficiency balances are primarily involved in cases due to repossession.

Read the full article here:
http://www.nolo.com/legal-encyclopedia/what-deficiency-balance.html

Interesting 2006 to 2012 Auto Lease Comparison

The article deals with the dramatic changes in lease payments for cars between 2006 and 2012. Swapalease.com has found that monthly payments for certain leased vehicles varied from significant increases to dramatic decreases during that period. Swapalease suggests that the change in lease payments was due to carmakers’ aggressiveness in promoting certain cars. The article uses a table to show a comparison of numerous cars over the time period.

Read the full article here:
http://www.autoremarketing.com

2012 Shows Georgia Residents Buying Big-Ticket Items Again!

The following article details how and why Georgia residents increased spending in 2012.  Big-ticket items such as vehicles are on the rise. It may have signaled an end to the recent recessionary period (this according to the reporting of the Georgia Credit Union Affiliates). One big reason is due to many Georgians returning to work in 2012.

Read the full article here:
http://www.bizjournals.com/atlanta/news/2013/02/22/gcua-georgia-car-buying-jumped-in-2012.html

Pro Racer Gives 5 Tips For Better Driving

A former professional racecar driver gives a number of little known but invaluable tips for driving safer and smarter. Advice includes what to do with your feet, where to place your eyes, how to configure yourself in your seat, what skills come in handy, and whether standard or stick is ultimately safer. Tips that only a NASCAR pro or road-racing champ would know.

Read the full article here:
http://autos.yahoo.com/blogs/motoramic/5-driving-tips-former-racecar-driver-130608055.html

How Would You Like to Own a Super Economical Micro Car?

There are many car collectors all over the world, but there is one particular car collection that has people everywhere talking. In Madison, Georgia, one collector has the biggest collection of the smallest cars. These are the super economical, European micro-cars. Unfortunately, you can no longer travel to see this amazing collection, as the doors have closed for good. However, for the right price, you now have the opportunity to own one of these amazing vehicles, as this large collection is scheduled to be auctioned off.