Little Pieces & Parts of Your Car that are Saving Your life & Money!

What can your car learn from an aluminum can?  Quite a bit, it seems.  While it doesn’t sound like that can provide much safety, the people that make soda cans and aluminum foil are getting into the car business.

Here’s why:  Extra weight in your car means extra time to stop.  Extra time to stop means extra work for your brakes.  Extra work for your brakes means they wear out, and that’s where your safety comes in.

The trick is to create a car that is both lightweight, and also safe.  Aluminum manufacturers are teaming up with car manufacturers and they are finding out that people are willing to pay a little more money for a car that will get better gas mileage.  The heavy steel is being replaced by lightweight aluminum, while still offering great safety. It also has an impact on your stopping distance.  A lighter car, less effort to stop. 

Always be aware of your stopping distance, and if it seems like it’s taking you longer to bring your car to a complete stop, that’s the time to talk to a mechanic.  It takes about 175 feet to bring a car to a stop when it’s going 50 miles an hour.  That’s about 13 car lengths.  If it’s taking your longer than that, it’s time to get them checked… because even the strongest car (or aluminum can) can withstand only so much.

5 Car Buying Tips for Teens

It's the time all parents dread - your teen gets the license and is now begging for a car. Before you say "No", consider some of these tips to buying. And, remember, after they buy it, they'll need a good auto mechanic!

 

1.                  Start on the used lot! 

It’s often easier to finance a used car, and you’ll likely get much more car for the same money as used.  Some manufactures are offering warranties that last as long as 10 years and 100,000 miles and you can often find a used car that is still under warranty

2.                  Safety first!

SafeCar.gov has a handy tool that will show you the crash test ratings for cars going all the way back to 1990.  Check the list before you buy.  Also, consider a device that keeps an eye on your teen’s driving habits.  Phone apps exist such as the Android based “Speedbump,” and insurance companies like Allstate, Progressive, and State Farm offer lower rates when their monitoring devices are installed.

3.                  Credit issues

It can be tough getting your first car when you haven’t established credit, however many dealerships have in-house financing that can help establish credit, and work with people in unique situations.  If this still doesn’t work, consider a cosigner.

4.                  Share the cost

Sometimes having a little “skin in the game” helps young buyers appreciate the value of a dollar.  While getting in over their heads is not advisable, perhaps come up with an agreement for them to pay the fuel or insurance costs.  Also, some insurance companies will offer a discount if kids keep their grades at a certain level.

5.                  Be realistic!

Now is the best time to learn that you don’t need the flashiest car on the lot.  Pick one that will keep them safe, hold up on the road, and get good gas mileage.  You’ll help your teen build great financial habits now that will stay with them for many years to come.