Can You Afford Car Insurance? Doesn't Matter It's the Law!

Can You Afford Car Insurance? Doesn't Matter It's the Law!
By Doc Phillips

Okay so youre looking into trading in that old bucket of bolts and upgrading to a later or even a brand new model! Youve done your homework. You have your Kelly Blue Book right there at your side. Youre prepared to fend off the dealers ups. You know what you can afford and, more importantly, what you should pay for your next car.

Oops! Forgot all about insurance. Didnt even factor that in. Now what?

Hmmm do I obtain minimum coverage?.. full coverage??... uninsured motorists underinsured motorists???... and whats it all going to cost me?

Well, lets see! You know your personal driving record will affect your premium. Have you had an accident? How long ago was it? Was it your fault? Were you cited? Do you have speeding tickets? How about any other moving violations?

How will your vehicle pre-choice fare in the insurance premium wars? Yes, the car you purchase will definitely influence the premium you pay.

If you havent purchased a car OR insurance in a while, heres something Ill bet you didnt know.

HOWS YOUR CREDIT RATING? Uh-huh! If your credit rating sucks, so will your insurance premium.

With that being considered, it should motivate you to obtain a copy of your credit report. You get one free per year for each of the major credit reporting agencies. While youre at it, it may be a good idea to also obtain your credit score.

These days buying anything that requires obtaining credit must meet the qualification criteria litany. That litany is forever changing.

There are two major purchases one makes in life two big ticket items. One is actually considered more than an asset its considered an investment. That is your home. The other will never be worth more tomorrow than it is today (with few exceptions). And thats the family car. Is the total expense youre about to incur commensurate with the value of that which youre considering buying? Think first! So many make the mistake of neglecting the total cost of car shopping and buying. Dont be one of them.

This way you can sleep at night!

There are a myriad of insurance choices out there, many of which actually offer competitive rates, speedy claim processing and terrific customer service. My advice: shop before you shop. In other words, before you hit the dealer or private car seller, line your ducks up. This way youll experience no quack-ups! (Did I really just write that?)

Doc Phillips is an internet entrepreneur who currently has 4 websites online which he designed, built and maintains. His latest site is called Buying a car? Read this first! and can be found at http://carbuyingtips.docphillips.com . You may also want to see http://www.docphillips.com and http://www.agiftrack.com two more of Docs sites.

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Ford's Remaining PAG Brands Valued At About $9 Billion

Ford's Remaining PAG Brands Valued At About $9 Billion
By Glady Reign

The Ford Motor Co. could raise a remarkable $9 billion out of its remaining luxury brands. The luxury brands that make up the Premium Automotive Group include Jaguar, Land Rover and Volvo Cars. However, analysts Merrill Lynch and John Murphy said that the move of selling the luxury brands is pretty unlikely in the short term.

On Monday, Ford announced that it had settled a deal to sell its British sports car maker - Aston Martin - for $925 million to a coalition including racing entrepreneur David Richards, a pair of Kuwait-based investment companies, and banker John Sinders. The company also reiterated that it had no plans to sell its other luxury brands, although speculation has persisted that such a move could come if the automaker's restructuring runs into difficulties. Ford does not yet disclose the results for its luxury brands. However, taken together as part of the Premium Automotive Group, the latter has reported a $327 million loss last year.

The high multiple awarded to Aston indicates that other PAG brands may be valuable sources of liquidity for Ford, although the company's repeated commentary indicates they are not for sale, Merrill's Murphy said in a note for clients. He added, However, given the potential need for liquidity in the next few years all options may be on the table in the future, especially if (Ford's restructuring) is not materially accelerated or falters.

Murphy estimated that the combined sale of Jaguar and Land Rover would be valued from $1.3 to $1.5 billion. Moreover, he added that a sale of Volvo would raise about $8 billion. Murphy said that a sale of Jaguar would be most likely of the alternatives given the recent difficulties for the luxury brand. However, he noted that it would have to be bundled with Land Rover in order to make it more attractive to potential bidders.

Jaguar Cars Limited is a British luxury car manufacturer which is headquartered in Browns Lane, Coventry, England. The brands main rivals are Audi, BMW, Cadillac, Infiniti, Lexus, and Mercedes-Benz. At present, the brand is introducing a new design philosophy to draw in more customers.

Land Rover is a British all-terrain and SUV manufacturer which is based in Solihull, England and this brand is a popular for its manufacture of high-performance off-road vehicles. Land Rover is so successful that it has outlived its initiator Rover.

Volvo Cars, on the other hand, is a Scandinavian luxury car maker, which was founded in 1927. The brand produces cars ranging from wagons, SUVs, sedans and coupes. It has achieved a reputation for comfort, durability, solidity and safety. The reputation was established because of its meticulous supervision in choice of sophisticated auto parts. As a fact, even the Volvo exhaust has passed a rigorous selection of materials and the finest process to boost the quality of the of the automakers product lines.

Glady Reign is a 32 year old is a consultant for an automotive firm based in Detroit, Mi. she is a native of the motor city and grew up around cars hence her expertise in the automotive field. For more information, please visit Volvo exhaust.

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