30
Sep
Posted by: gocing / Category:
Auto Leasing
For auto-consumers, crunching the numbers is one of the most difficult and
confusing aspects of leasing.
Take the finance charge on a lease for instance. Most people just don’t
understand how this is calculated on capitalised cost AND residual value
instead of just the capitalised cost. For most, it seems plainly obvious,
just as is the case when purchasing, that a charge should be levied on the
capitalised cost of the vehicle.
Well, no quite! When you lease a car, you’re only using the car over a
specified period of time with the option of buying the car. The residual
value represents the “loan balance” at the end of the lease. If you add it
to the capitalized cost and divide by two, you’ll get the average
capitalized cost outstanding over the lease term. Let us suppose you’re
leasing a car with a capitalized cost of $25,000 and a residual value of
$15,000. You average balance over the lease term, irrespective of how long
it is, is $20,000 – the sum of the two divided by two -.
Using this sum works because the money factor is the annual interest rate
devided by 24, rather than 12. Continuing with our example and assuming an
interest rate of 6% APR:
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29
Sep
Posted by: gocing / Category:
Car Rental
Given money to spend and a world of options when selecting a car, every car enthusiast goes for one option—getting a sports car. In the world of sports cars, however, there stands the basic criteria of speed, speed, speed, and, well, speed.
The fastest sports car according to various critics is the 1994 Dauer 962 LeMans, with acceleration speed of 2.6 seconds from 0 to 60 mph. The fastest Ferrari car is the 2002 Ferrari ENZO, and this one can accelerate from 0 to 62 mph at breakneck speed of 3.5 seconds. Other fast cars include a Chevrolet, a Dodge, a LeBlanc, a Renault, an Audi, and a Corvette, all of which have acceleration speeds of not more than 2.9 seconds from 0 to 60 mph.
Now, the question that begs answering is: what makes a fast sports car?
While stylistics make for a very good standard when getting a sports car, there’s more to the sleekness than just style. The very sleek and streamlined designs of these fast sports cars actually contribute to fantastic aerodynamics—making it much easier to drive the car fast without worrying about air resistance, air pressure, etc. In effect, the hot and sexy car design actually makes for more than aesthetics, but gives a boost to the speed and performance of the car.
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28
Sep
Posted by: gocing / Category:
RC Car
There are many ways on how to start with gas-powered RC car or truck. There are many realistic features offered by these remote-controlled cars and trucks. They come in a variety of styles and types in the industry. In choosing one, there are many considerations you should take before eventually owning one.
Radio-controlled cars and trucks lack the power and running time. But if you want to consider, you can convert them into gas powered RC cars, with the use of nitromethane-based fuel. This fuel provides RC cars a level or realism or performance, which are absent on other battery-powered vehicles. Aside from this, they are also highly customizable making it possible for you to integrate RC car accessories and personalize them. There are options of engines and transmitters available to allow you to choose one depending on how you’d want the RC car works.
To help you begin in finding the right gas-powered RC car, the following are the factors you should consider:
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27
Sep
Posted by: gocing / Category:
Nascar
Are you a NASCAR racing fan? If so, are you familiar with the sports’ history? If not, it may be something worth looking into.
As nice as it is to hear that you, as a NASCAR fan, should take the time to research and examine the history of NASCAR, you may be left wondering why. For starters, researching the history of NASCAR is a great way to give you insight into the sport that you now know and love. In fact, it is important to remember that NASCAR and racing in general wouldn’t be the same if it weren’t for the path of history.
Another one of the many reasons why you should take the time to learn more about your favorite sport and its history is because it can be fun to do. When something interests you, like NASCAR racing, you are more likely to enjoy the research being performed. In fact, you may also like reading some fun NASCAR history facts. For example, did you know that in 1964 Richard Petty had secured the NASCAR Grand National Championship when there were still seven more races left in the season! This amazing fact is just one of the many that you may find when taking the time to research the history of NASCAR.
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