Have a safe and Happy 4th of July! From your friends at Team Superstores!
Showing posts with label chevy cruze. Show all posts
Showing posts with label chevy cruze. Show all posts
Summer Road Trip Tips
Before you head out on your summer road trip be sure to do
the following.
Plan your journey:
Ensure you pack a road map and plan your route before you
start driving. Think about where you are traveling and what extra equipment you
might need.
Tire pressure:
Ensure your tires are neither over nor under inflated.
Adjust the tire pressure if necessary depending on the amount of weight you may
be carrying.
Tire tread and condition:
Summer temperatures heat up tires and can aggravate any
existing damage to the rubber so check you have the legal tire tread depth and
look out for any existing damage that may need attention.
Engine oil and coolant levels:
Ensure these are topped off to maintain the condition of
your engine.
Check lights:
It is essential that you check all lights including brake
lights to ensure they are working and clear of dirt, which may make them hard
to see by other drivers.
Check fluid levels:
Do not fill your fuel tank to the brim as heat expansion
during the summer months could cause a fuel leak.
In all seasons, it is important that you carry an emergency
kit in your vehicle, including; torch, water, high visibility vest and
blankets.
Happy & Safe Summer Road Tripping!
Preventative Maintenance for your Vehicle
Bringing your vehicle in for regular service is the best way
for you to save money on automotive costs and save time on easily avoidable
mechanical problems. Every car varies, so depending on what your specific
vehicle may need, preventative maintenance can include any of the following
measures:- Check and replace the engine oil and/or oil filters
- Check and/or replace fuel filters
- Tire Balancing and Rotation
- Wheel Alignment
- Check all Lights
- Check and/or refill windshield washer fluid
- Inspect tires for wear and air pressure
- Inspect and/or replace air filters
- Check and/or flush brake fluid
- Inspect and/or replace brake pads
- Car Wash
- Tighten nuts and bolts
- Check and/or flush power steering fluid
- Check and/or flush transmission fluid
- And much more!
To keep your car running longer, schedule regular
maintenance for tire recommended and manufacturer recommended engine
maintenance. It will help you avoid the problems that cost you extra time and
money.
Fuel Saving Tips: Save money on gas
Check Your Air Filter
Nearly one in four cars needs an air filter replacement. A
clean air filter can improve gas mileage by as much as 10%
Check Your Gas Cap
Believe it or not, its been estimated that nearly 17% of
cars on the road have broken or missing gas caps. What's the big deal? Escaping
fumes not only hurt fuel economy but release smog-causing compounds into the
air. Avoid air pollution and improving fuel mileage is as easy as replacing a
bad gas cap.
Slow Down
For every 5 mph you reduce highway speed, you can reduce
fuel consumption by 7%
Lay Off the Brakes
Riding with your foot on the brake pedal will not only wear
out your brake pads (which will cost you at the maintenance shop) but can also
increase gas consumption by as much as 35%
Lighten Up
For every 100 extra pounds carried around, your vehicle
loses 1 to 2% in fuel efficiency. Don't drive with too much junk in the trunk.
Building Credit with an Auto Loan
Whether you’re working on improving your credit health after
a bankruptcy or just getting started as a borrower, making car payments on an
auto loan is an excellent way to establish or build your credit score.
Before you take out that big home mortgage loan, business
loan or finance that designer furniture set, you need to prove to lenders that
you’re creditworthy.
Car loans help you do just that for the following reasons.
Auto Loans are Installment Loans
When lenders and credit reporting bureaus look at your
credit history, they want to see a good mix of installment loans and revolving
credit. Revolving loans include credit cards and home equity loans. Installment
loans include student loans, mortgages and auto loans. In most cases, it’s not
feasible (or wise) to take out a student loan, home mortgage or home equity
loan simply to build your credit. It’s much easier to qualify for and pay off
an auto loan, which makes it the best option for improving your credit health.
Auto Loan Refinances are Easy
As a borrower with no credit history or bad credit, you’ll
pay a premium for your first car loan. Don’t be surprised if you’re hit with a
double digit car loan interest rate, especially if you’re emerging from bankruptcy.
But the good news is that after one or two years of making your payments on
time, you can refinance for a lower interest rate if your credit score has
improved (which it will have, if you haven’t done anything else to negatively
impact it).
You can refinance every few years and continue to get lower
interest rates until you’re no longer paying the subprime rate. This is all
made possible because, unlike home mortgage loans, the origination fees and
other closing costs of a car loan are typically very low and the payback period
is relatively short.
Car Payments are Somewhat Flexible
As long as you avoid loans with early payment penalties, car
payments are very flexible. If you get a low monthly car payment, you can elect
to make extra payments or double payments whenever you have extra cash. Paying
off your loan early not only saves you money on interest, it reportedly boots
your credit score faster as well.
You can also put down a larger down payment from the
beginning or when you refinance to get a lower interest rate.
Overall, having an installment loan in good standing on your
credit history is important to establishing or improving your credit health. A
car loan is one of the easiest, most affordable and most flexible installment
loans you can get. Keep this in mind as you embark on the road back to good
credit.
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