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Refinance Used Car Loan

Due to the fact that interest rates drop, many people start thinking about refinancing their home loans. But what about doing the same thing with a car loan? In fact, it will be easier to refinance a used car loan and you will save a significant amount of money.

How much you ask? Imagine the following scenario. You purchased a car about six months ago and the dealer said that there are some issues with your credit and your car loan would be 11% on a 5-year loan for a car that’s worth $23,000, which means that your monthly payments are $500. Now, you are searching all over the Internet to find a company where you will be able to refinance this loan. If you do your homework right, you could refinance the balance of the loan and lower your monthly payments to approximately $400 which over the life of the loan means almost $6,000.

If you want to refinance your car loan, you should opt for one of the followings websites: Bankrate.com, Up2Drive.com or CapitalOne.com. The first one refinances vehicles on a “referral” basis by taking the loan applications and then matching them with banks.

This online car refinancing will allow you to head down to a dealership as a cash buyer, which means that you will have more protection or better said, be less vulnerable to the salespeople who only what to obtain the maximum profit by confusing clients with monthly payments and interest rates.

If you don’t know if refinancing your used car loan is for you, here are the situations which are suitable for such a decision:

You are the lessor. There are many people out there that decide that they want to keep the car after the lease is over. It certainly is a major plus knowing the maintenance history, reliability and the performance of the car so this decision is completely understandable. However, you should know that in some cases the dealer can’t help you with the loan so a smart move would be to do a “buyout”. In other words, buy the car and set up a loan.

You are the budgeter. The client acquired the vehicle on a short-term loan, agreeing to make the high yet affordable payments. Later on, his financial situation changes and the monthly expenses rise. In this case, it would be a wise idea to spread the payments over a more comfortable amount of time. How? By refinancing the car loan.

You are the saver. In this situation, the buyer is always attentive at the Federal Reserve and whenever the interest rates go down, he starts looking for a method to improve his financial situation. In addition, if he’s credit score has improved, he might want to consider refinancing as to become eligible for lower rates.

You are the newly educated remorseful. Imagine this. You have acquired a brand new car and financed it via the dealership. After that, one of your friends asks you about what interest rate they gave you. You then grab the contract and read it carefully, finding out that the dealer made some serious money by marking up the interest rate. Now, you probably want to find a solution to refinance your loan.

If refinancing a used car loan has so many advantages, you are probably wondering why people don’t do it as often as they should. The answer for this question is somewhat unclear; maybe they are concerned about the uncomfortable process that they had to go through when they refinanced the loan for their house. Of course, other people are simply not aware of this possibility.

All in all, keep in mind at all times that whenever the federal interest rate drops, so will the auto loan rates. We’re sure that you don’t want to lose money by paying more interest than you should. Right?

Questions To Ask When Buying A Used Car From Dealer

In our previous article we’ve talked about some of the questions that you should ask a private seller whenever you want to buy a used car. In this article, we are going to share ten questions that you might want to ask a used car dealer so that you will avoid getting scammed. Regardless of what questions you ask him, never buy a car without taking it for a test drive.

Here are the ten questions that you need to ask a used car dealer:

1. Can I look over the mechanic’s pre-certification inspection? – Ask this question if the vehicle that you want to buy has been certified. These vehicles go through an in depth inspection before they can be certified which is why you could ask the dealer if he is willing to show you the papers in order to find out what sort of repairs have been done. This document will come in hand later on when other problems will occur, that is if you decide to buy the car;

2. Who certified the car? – The single certification that is indeed relevant would have to be the manufacturer certified pre-owned car. The rest of the lot consists of insurance-backed programs and you’d better avoid them, needless to say why;

3. From who did you acquired the car? – You’ll have to ask about the maintenance records if the car was part of a trade-in. If the car was bought from an auction, you’ll have to verify that it has been thoroughly inspected, preferably by someone who is an expert in verifying used cars;

4. Can I get a CarFax report before buying the car? – If you are at a reputable dealership, they will give you one right away while other dealers will hand you a “customized” report or won’t give you one at all. When you have a look in this report, remember to verify if the VIN on the car matches the one in the paper;

5. For how long will I be allowed to test drive the vehicle? – Some dealers will let you take the car overnight so that you can test drive it extensively. You’ll have to write down that you won’t use the car for more than 100 miles and also prove that you have insurance and the gas level will be the same after the test drive is over;

6. What is the return policy? – While some dealers will start laughing when hearing this question, others will give you a brief period to rethink your purchase and give you something else of equal value. Don’t expect to get the money back as no dealer in the world will do that;

7. What is the cash price tag of the car? – Simply put, cash rules. Most of the dealers make a nice profit by convincing clients to take financing but if you have enough cash, you’ll get a better price tag. In most cases, the dealers are willing to shave off about 5% of the price if you pay in cash;

8. What can I get if I buy the car? – Check to see if the dealer will throw in a timing belt, a new set of tires or other similar equipment;

9. Do you accept trade-ins? – If you hate selling, your best bet would be to find a used car dealer that accepts trade-ins. We all know how frustrating it can be to sell a used car;

10. What sort of service did the car get after you bought it? – The answer you will get will allow you to find out a more accurate value of what you are about to purchase. If it went through a comprehensive overhaul, it means that for some time you won’t have to pay to fix or replace a component.

These would have to be the ten questions to ask when buying a used car from dealer in order to make sure that what you are about to purchase is a good investment. Take your time and do your homework as in most cases we are talking about a significant amount of money.

Questions To Ask When Buying A Used Car From A Private Seller

Buying a car is considered one of the most significant expenses that a person has to make in its entire life. Those of us that cannot afford to buy a brand new vehicle have to settle for a used one, which can be acquired either from a private seller or from a used car dealer. This article will guide you through some of the questions that you must ask a private seller.

Here are the ten questions that you need to ask a private seller:

1. How many miles are on the odometer? – The reason why you should ask this is in order to find out a value before actually seeing the car. When you obtain this information it would be wise to visit Edmunds.com so that you can find out the approximate value of the vehicle that you plan on buying;

2. How would you describe the condition of the car? – If he says excellent, it means that either the vehicle is in great shape or he is being dishonest. We highly recommend that you search for another one if the car isn’t as “excellent” as its seller promised;

3. Why are you selling it? – If the answer is “I just bought a new one” it usually means that he is anxious to get rid of the old one. If he answers “It was my dad’s (mom’s)” then you are in an excellent situation because there aren’t many people that would want to hold on to the vehicle in this situation and they’ll want to sell it for cash as fast as possible;

4. From who did you bought the car from? – The perfect situation for you would be that the seller is also the original owner. Regardless of the answer you get, always get a report from CarFax;

5. Where did you buy the car? – This is a very important question taking into consideration that some states in the U.S. are lenient regarding what defines a salvage title or it permits cars to be sold from state to state without issues concerning the past history of the vehicle;

6. What sort of oil you have used for the car? – Most likely, the seller will answer in one of the following three ways:

a) Right away. Which shows that most likely he changed the oil himself so the car has been well-maintained;
b) After a brief pause. In this case, ask if he can look at the records. This also means in most cases that the car has been well-maintained, but we advise you to ask him to verify the oil change records so that you will know for sure;
c) “I don’t know” or he gives a wrong answer. In this case, make sure that your personal mechanic has a close look at the engine;

7. For how much money are you willing to sell the vehicle? – By asking him this question, he will understand that you don’t plan on paying the asking price;

8. For how long can I take the car for a test drive? – Needless to say, never buy a car that you haven’t driven. If he’s a reputable seller, he will let you drive the car. If he’ll deny you this, you’d better walk away as most likely there’s something wrong with it. Most of the sellers that will allow you to take it for a spin will limit the test drive to about half an hour, which is plenty of time to figure out how the car handles and feels;

9. Can I get the car inspected by my personal mechanic? – After you have taken the car for a test drive, ask him this question. If he hesitates to give you an answer, it means that something is wrong. All you’ll ever want to hear is “Yes”. Any other answer won’t do it;

10. What was the last car that you have sold? – You need to know that there are lots of people who sell cars just to get a nice profit. They usually buy them dirt cheap, fix them up here and there and after that sell them to get a nice and tidy profit. However, there are some people that will fix the vehicles just enough so that they can get rid of them.

These would have to be the questions to ask when buying a used car from a private seller. Needless to say, aside from asking these questions, always inspect the car and if you can, get a mechanic to have a closer look at it in order to find out if anything is wrong with it. All the defects that he or you will find during the inspection can be used as weapons during the negotiation process.

Car Lease Agreement

Obtaining a lease on a car is a major financial investment and for this reason you need to be very attentive with the car lease agreement before signing the deal. We highly recommend that you get a blank lease contract from the car dealer before signing up a lease so that you can have enough time to examine it and find out all the ins and outs. You should know that the federal law in the United States requires that car lease contracts must contain certain sections in which specific figures and facts are disclosed to you. Some of the sections that you will find are:

a)      The amount of money you will have to pay when signing the deal;

b)      Information regarding the monthly installments;

c)       Other fees and charges;

d)      The total of payments;

e)      The total of finance charges;

f)       How the monthly payment is determined;

g)      The early termination statement;

h)      Wear & tear explanation.

Despite the fact that significant improvements have been made regarding these agreements, there are still plenty of issues to fix. Take for example the fact that the current law does not regulate the actual figures in these agreements, like the amount of money you are credited for the trade-in, the car’s price tag, and finance fees.

You have to understand that these car lease contracts are written by the dealers and you’d be surprised to find out how many mistakes they have, some legitimate while others intended and the bad thing is that at the moment there is no low that can punish these errors. Needless to say, you have to detect these discrepancies before signing the deal because after that, it will be virtually impossible to change anything. It is a common misconception among people that there is a three-day “right to cancel” law regarding automobile leases or purchases. Well, there isn’t one so be careful when analyzing the car lease agreement.

Nowadays, most of these auto lease agreements require that you maintain an insurance coverage: bodily injury / death liability is $100,000 / person, $300,000 / occurrence; property damage liability: $50,000, comprehensive and collision for the actual value with no more than $500 deductible. We know that most of you think that this is more than you would buy if you were given the opportunity, but you should know that it is always a smart choice to have maximum protection as we know how expensive car repairs are, not to mention how pricey lawsuits have become.

Another thing that you will find in just about every vehicle lease agreement is the one regarding the regular wear & tear. You will find within the contract that the car must be returned with no more than the “normal” wear and tear. However, not all agreements specify exactly what “normal” means. You’d be surprised to find out that this is one of the most important reasons why people decide not to sign a car lease, especially first-time leasers. They are afraid that after the lease is over and they have to return the car, the company will charge thousands of dollars as penalties for minor scratches and dings. You should know that this is not true, most of the times. They will allow these small scratches & dings because it is a normal thing when driving a car, especially in city traffic, but also on the highway. However, if the car suffers from serious scratches or the tires are worn out, it would be wise to fix these issues before returning the car. Otherwise, you’ll pay a lot in penalties.

Speaking of penalties, a typical car lease agreement mentions excessive mileage penalty. In other words, if you drive the car beyond the mileage limit mentioned in the contract, the company will charge you more money. In most cases, this limit is 15,000 miles / year, but there are lots of contracts where you are allowed to drive only 10,000 or 12,000 miles annually. For these reasons, figure out how much you will be using the car so that you can select the limit that you want. If you go beyond that limit, expect to pay up to $0.30 / mile. If you know for sure that you will be driving more than 15,000 miles (or whatever is mentioned in the contract), we recommend that you “purchase” extra miles so that you can avoid paying those nasty penalties.

You’ll also find in the contract something about early termination. These lease contracts mention the conditions in which you are allowed to terminate the agreement. However, keep in mind that most of the lease firms prohibit termination of the contract during the first few and last few months of the contract. We highly recommend that you avoid early termination as it can be very expensive.

Unless you have gap protection, if the car is stolen or destroyed, the company will consider this as an early termination of your contract. We know that this is totally unfair but there’s nothing you can do and you’ll be in the same situation as mentioned in the previous paragraph. This gap protection (aka gap waiver or gap insurance) will cover any additional amount of money that you might owe after your insurance company pays off. If the lease that you are about to sign does not come with this gap insurance, nor it is offered by the dealer, we highly recommend that you get in touch with the bank or the car insurance company.

As you can see, there are lots of issues to take into consideration when signing a car lease agreement. Never sign the contract if you don’t know what to expect from it. As we said at the beginning of the article, get a blank lease contract and analyze it thoroughly in order to find out all there is about this deal so that you won’t have any unpleasant surprises after signing the contract.

Source: leaseguide.com

Top 10 Cars In Movies

Do you guys remember our top ten about the best movies with cars? We figured out that we need a different top 10 in which we name some of the greatest cars that we’ve seen in motion pictures. Let’s kick things off with a car from xXx, starring Fast Five’s Vin Diesel.

10. Pontiac GTO (from xXx)

This purple-painted 1967 Pontiac GTO should be considered as an American version of the Bond car, filled with gadgets and featuring a badass look. Would you want a poster of this one on your wall? I definitely would, but probably not with that purple paint.

09. Aston Martin V12 Vanquish (from Die Another Day)

Speaking of a Bond car, our number nine goes to the Aston Martin V12 Vanquish from Die Another Day. Why it made it into this top? Well, it looks absolutely gorgeous and it packs daylight stealth technology and some machine guns. In addition, it handles very well on a frozen lake, managing to escape from the missile-packed Jaguar. Enough said.

08. Bumblebee (from Transformers)

I have to admit that I’m not a big fan of the Transformers franchise but I do love that yellow Chevrolet Camaro. That muscular body and those huge wheels look great. I hope that in this year’s Transformers: Dark of the Moon we will be able to see other American muscle cars, maybe the Mustang.

07. The Interceptor (from Mad Max)

Let’s go back into the 80s and have a look at Mel Gibson’s Interceptor from the popular Mad Max franchise. The car was in fact an Australian version of the Ford XB Falcon Coupe, featuring a sinister black paint and other modifications that made it look very cool.

06. Frankenstein’s Monster (from Death Race)

If you haven’t seen Death Race, you’ve missed seeing Jason Statham in this 2006 Ford Mustang GT which has been heavily modified to give it a killer look and in my opinion they’ve accomplished that. Those wheels could have been a little bit bigger, but hey, who’s complaining?

05. The Tumbler (from Batman Begins)

Basically just about all batmobiles have been awesome looking cars but the one we’ve seen in Batman Begins is the coolest of them all. This one was not based on a single car as its design is based on the F-117 Nighthawk stealth fighter jet and from Frank Miller’s graphic-novel depiction in “The Dark Night Returns”. Regardless of where they’ve got their inspiration for The Tumbler, it’s a badass piece of machinery.

04. Mini Cooper S (from The Italian Job)

Imagine making the movie with another car. It’s virtually impossible. The success of the motion pictures revolves around the nimble feet of those Mini Coopers. Although the cars weren’t very powerful, no other model would have been more suitable for that intense driving in congested streets, subway tunnels and parks.

03. Pontiac Trans Am (from Smokey and the Bandit)

Remember the movie? It was about getting a truckload of beer from Texas to Atlanta. What we remember is Bo “Bandit” Darville in his Trans Am. Add to this recipe Burt Reynolds’ mustache and the funny car chases and you get a classic movie.

02. Ford Mustang GT 390 (from Bullitt)

Speaking of classic movies, who could forget about the Mustang from Bullitt? And that 7-minute long chase scene between the original pony car and a 1968 Dodge Charger. Why is the Mustang more famous than the Charger? Well, we have to root for the good guy, don’t we?

01. DeLorean DMC-12 (from Back To The Future)

It definitely isn’t the prettiest car from this top, nor the fastest or most powerful. However, it has something special that no other car ever had in a movie: a “flux capacitor” and 1.21 “jigowatts”. All three Back to the Future movies were awesome and the car played an important role, along with Michael J. Fox and Christopher Loyd, two great actors.

Of course, these are only ten examples of great cars that took the spotlight in epic movies. There are others of course, here a just a few that didn’t make it into the top: the Aston Martin DB5 from Goldfinger; the beautiful 1961 Ferrari 250 GT from Ferris Bueller’s Day Off or the 1959 Cadillac Ambulance from Ghostbusters.

Feel free to add your suggestions.

How To Price A Used Car To Sell

If you were wondering how to price a used car to sell, you have come to the right place as this article will guide to through the entire process. You probably know that valuing a car is both objective and subjective. Why objective? Simple, because we have to take into consideration the make and model of the vehicle, manufacturing date, along with other similar details. Why subjective? Take its appearance for example; while the seller considers that the car looks great, the potential buyers might have a different opinion. The same situation is applicable to the condition of the car.

When talking about used cars, you need to understand that there are three distinct price levels: trade-in, private party and retail.

The trade-in value is the amount of money that a car dealership will give you if you decide to trade-in or give the used car in exchange for a down payment on another car or for cash. Usually, this trade-in value is about 20% less than what you will get from a private party.

Speaking of private parties, this is the value which a private individual can expect to obtain when selling the car to another individual.

The retail value is what a used car lot or a dealership assigns to the car. The used cars that are sold at “retail value” usually carry a warranty, are reconditioned or even both. The prices in this situation are usually 20% higher in comparison to private party values.

In the following paragraphs we will explain how to price a used car to sell to a private party. First and foremost, get the following information about the vehicle: year of manufacturing, make & model, trim level, options and mileage. If you want to get a free vehicle history report, visit www.carfax.com where you will obtain all the necessary data.

Now, time has come to have a look at the car and figure out its current condition, which can be: excellent, good, fair or poor.

A car is in an “excellent” state if it is in perfect mechanical condition and its exterior appearance resembles to the one of a car that is being exhibited in a showroom. In other words, the vehicle has no body damage whatsoever, no dents, dings or other flaws. Inside the cabin, the upholstery and the carpets are in perfect condition. In addition, the tires are all the same and still have enough tread remaining.

Moving on, a car which is in a “good” shape it usually means that it has some minor electrical or mechanical problems. It exterior is pretty clean, but it does have some minor scratches and dings from the regular wear & tear. However, this doesn’t mean that it should show signs of rust. Regarding the upholstery and the carpets, they usually show minor wear, while the tires (all match) have a limited tread life.

A car that is in a “fair” condition has quite a few electrical and mechanical issues, but its engine works well and the vehicle can be driven without any major problems. Its exterior has scratches, dings and dents, which will have to be repaired by a professional. Signs of rust are noticeable and the tires might not match, while their tread life is very limited.

A vehicle which is in a “poor” condition comes with significant mechanical and electrical problems. The bodywork needs major repairs and there are significant signs of rust. The tires need urgent replacement. Cars that have a “branded title”, like: flood, salvage, etc., fall in this category.

Figuring out the price tag starts by doing a little bit of research regarding the local price levels. In addition, you will also have to check the Kelley Blue Book (www.kbb.com) to get a better understanding of how much you should ask for the car.

Of course, the value of the car will be higher if you have made upgrades to the vehicle, like applying a custom paint, installing a new stereo system or other aftermarket accessories. Minor dents and scratches will lower the value of your car, which means that you should put a price tag on your car according to the overall condition of the vehicle, taking into consideration all the good and bad things about it.

Source: usedcars.about.com

Indianapolis 500 – 100 Years Of Racing

This year, the Indianapolis 500 is celebrating its 100th birthday and we thought that an article dedicated to its long and prolific history is in order.

The Indianapolis Motor Speedway was built in 1909 for small events. It was a gravel-and-tar track where various types of vehicles, including motorcycles raced. In its inaugural year, the first long-distance event was held. It was the 100-lap Prest-O-Lite Trophy, won by driver Bob Burman in his Buick.

The very first Indy 500 event was held in 1911 at the Speedway on May 30th, Memorial Day. There were 40 cars on the starting line, all powered by a 600 cu in engine. The race was won by Ray Harroun in his Marmon Model 32-based Wasp racer, a car that featured his invention, the rear view mirror. At the race, there were 80,000 spectators and many of them considered Harroun a real danger during the race, being the only one driving without the mandatory riding mechanic.

The second race was held in 1912 and was won by Joe Dawson who was driving a National. He managed to win the race after the Mercedes drove by Ralph de Palma broke down. Only 33 drivers were allowed to participate in the race and all of them had a riding mechanic. Despite the fact that the first race was won by an American pilot who drove an America car, many European automakers started developing cars especially for the event. Some relevant examples are Fiat and Peugeot and they managed to win between 1912 until 1919.

In 1936 a tradition was born when the winner of the race, Louis Meyer drank a bottle of buttermilk right after the race was over.

1955 was a tragic year for the Indy 500 when the two-time defending champion Bill Vukovich died. He was leading the race by 17 seconds when a pileup ahead sent him over the retaining wall of the backstretch.

10 years later in 1965, the event was aired on national TV for the first time. It was on tape-delay right until 1986 when the show was shown live.

1966 was the year when only seven cars finished the race, the all-time low for the Indy 500.

During the 1973 race, three people died: two drivers and one crew member. Only 133 laps of the total 200 were completed.

In 1981, after five months since the race was over, driver Bobby Unser claims triumph over the legendary pilot Mario Andretti, after a series of investigations and hearings that were necessary in order to find out the winner of the race. During that race, Bobby passed eight vehicles under caution while Mario Andretti passed two. After the end of the race, Unser was declared victorious but a day later, Andretti was declared winner.

Tony George, Speedway president formed in 1994 the Indy Racing League, which rivals the existing CART league, with the Indianapolis 500 as the heart of the event.

Two years later, CART boycotts the event after George said that 75% of all participant vehicles will be IRL cars. The new rules that became applicable in 1997 kept CART out of the event for the following three years.

In 2001, Tony Stewart managed to race in the Indy 500 during the afternoon, finishing in an honorable 6th place and after that he went to Charlotte where he got the 3rd spot in the Coca-Cola 600 race, doing 1,100 miles in one day. Other drivers tried to imitate him, like Robby Gordon and John Andretti, but Tony was the only one to complete all of the 1,100 miles.

Four years later, during the 2005 Indy 500, Danica Patrick became the first woman to lead the race, only four laps before the end. However, the female rookie driver was not able to hold off Dan Wheldon, who managed to win the race.

In 2006, the first driver that managed to win the race after making a last-lap pass was Sam Hornish Jr. He won by catching up Mario Andretti with less than 450 ft. in the race.

This year’s race will be held on May 29th and it will premiere the IZOD IndyCar Series season. The race will be the third of the 3-year long Centennial era, celebrating 100th years since the track was opened (1909) and 100 years since the first Indy 500 (1911). The celebration of the 100th running event will be held in 2016 due to the reason that during the WWI and WWII the race was suspended.

Source: sports.yahoo.com, Wikipedia

Top 10 Cheapest Cars Of This Year

If you live in North America and you are in the market for a very cheap car, here are the least expensive models that you can buy this year. All the prices are MSRP + destination charge:

01. Hyundai Accent GL – Starting From $10,705

Hyundai Accent GL

A little bit more expensive than the previous generation, but still the most affordable car you can buy, the Accent GL (formerly known as the Accent GS Base and Accent Blue) is what you would call a standard car. For the base model, you can forget about the AC system (another $1,000), power windows, automatic gearbox, radio, etc. If you want all of these, prepare to pay $13,415 for the Accent GS, but in this price range, you’ll find better cars. The Accent GL features a 110-hp engine and power steering. You need to know that in crash tests, it didn’t score so well and the safety equipment is quite limited.

02. Nissan Versa 1.6 – Starting From $10,740

Nissan Versa 1.6

If the Accent isn’t your cup of tea, maybe this Nissan Versa will do the trick. You get two more doors, more space inside the cabin and better resale value. The 2011MY comes as standard with door locks and power windows, but you don’t get a stereo or many options for the paintwork: only black, silver and blue. If you add AC, automatic gearbox and antilock brakes, the price tag jumps to less than $13,000. For $15,780, you can get the Versa 1.8 that comes with AC, stereo, cruise control and ESP.

03. Chevrolet Aveo LS Sedan – Starting From $12,685

Chevrolet Aveo LS Sedan

For the entry-level Aveo you’ll get AM/FM radio with MP3 player input jack, OnStar and AC. There are lots of colors to choose from and for $200 more, you can get the hatchback model. On the down side, the Aveo is not a very good car to drive, lacks safety equipment and if you add power windows and a CD player, the price jumps past the $15,000 mark and for that money, there are lots of cars to choose from.

04. Kia Rio Base Sedan – Starting From $12,990

Kia Rio Base Sedan

Just like the aforementioned Hyundai Accent GL and the Nissan Versa 1.6, it comes with a very short list of standard equipment. The engine is quite eager but the car’s non-power-assisted steering feels awful in the curves and you’ll have to work a lot while parking the car. The more expensive Rio LX ($15,690) comes with AC, ABS and a CD player. It does look better than the Accent and the Versa though, but not a very good car to drive.

05. Smart ForTwo Pure – Starting From $13,240

Smart ForTwo Pure

No AC, no power windows or mirrors, not even a stereo for the cheapest ForTwo. You do get automatic gearbox, ABS, ESC and side airbags. If you want the comfort features, prepare to pay another $2,000 for the ForTwo Passion.

06. Toyota Yaris 3-door Liftback – Starting From $13,615

Toyota Yaris 3-door Liftback

It offers a pretty good standard package that includes AC, ABS, ESP, along with an $800 optional automatic transmission. For $300 more, the 5-door version of the Yaris can be yours. It looks really good, it is easy to drive and thanks to its small size, you can squeeze it into small parking spaces.

07. Kia Soul Base – Starting From $13,995

Kia Soul Base

If you are in the market for a funky mini-wagon, the Kia Soul Base might be the solution for you. You’ll get as standard: power windows and locks, ABS, ESP and CD stereo with USB. You can choose from only three colors: black, white and silver. Under the hood there is a 1.6-liter engine that produces 122 hp and it can be mated only to a manual transmission. The car is pretty comfortable, safe and practical.

08. Ford Fiesta S Sedan – Starting From $13,995

Ford Fiesta S Sedan

Same price as the Kia Soul Base, and the latest model in this top. You get four doors, a pretty capable 120-hp engine, ESP, power steering, AM/FM + auxiliary input jack. The Fiesta is known as one of those cars that are very fun to drive and this S Sedan version is no exception. We recommend paying extra for the 6-speed dual-clutch transmission.

09. Suzuki SX4 Sedan – Starting From $14,244

Suzuki SX4 Sedan

The entry-level SX4 Sedan is a pretty basic car as you don’t get an automatic gearbox, AC, stereo and the only color available is white. However, you do get ABS, power windows and locks and a pretty potent 2.0-liter engine that cranks out 150 hp. It features a pretty big back seat and is very fun to drive. The styling is also quite nice.

10. Nissan Cube 1.8 – Starting From $14,740

Nissan Cube 1.8

The Nissan Cube 1.8 comes with a lot of standard equipment: AC, CD player, ABS, ESP and power windows and locks. The design is pretty cool and you get a lot of space inside the cabin. While some of you will like its cutting-edge style, others will disapprove.

Outside of this top 10 we find the Mazda2 Sport, with an entry-level model that will set you back $14,795; Hyundai Elantra GLS ($15,625); Kia Forte LX ($15,690); Scion xD ($15,765); the Mitsubishi Lancer DE ($15,755); Honda Fit ($15,850); Mazda 3i SV ($16,595); Nissan Sentra 2.0 ($16,270); Honda Civic DX Coupe ($16,355) and the Volkswagen Jetta S ($16,765).

As you can see, there are a lot of cars to choose from if you are looking for something very affordable that will get you from point A to point B. If we were to choose a car from this top 10, it would have to be the recently introduced Ford Fiesta S Sedan as it offers plenty of standard equipment and it looks pretty good. Plus, it probably is the most fun to drive car in this price range.

Source: cars.about.com

Greatest Car Video Games

There have been many great video games with cars launched in the last 15 years, and in this article we are going to talk about some of the most important examples in this genre. Sit back and relax as we dive into the recent history of racing video games.

Carmageddon II: Carpocalypse Now (Nov 30, 1998)

Subject to a lot of criticism due to its high level of violence, Carmageddon II will go down in history as one of the most entertaining car games ever made. Despite the fact that it is quite tasteless, the game is extremely fun. You can pick up a wide array of power-ups that you will unleash on the helpless pedestrians, killing them in the most violent and outrageous ways possible. You can make them dance, make their heads bigger, fly away, stumble like drunks, just about anything that you can think of! You’ll do these while listening to the great soundtrack provided by Iron Maiden.

Project Gotham Racing 4 (Oct 2, 2007)

PGR4 features some of the most beautiful environments ever seen in a game, despite the fact that it was launched almost four years ago. It has spot-on control and a fun driving model, while the rain effects are epic. You will earn medals for beating challenges in the arcade made and the Gotham career will offer plenty of hours of gameplay. Locations like Quebec, Macau and Shanghai are reproduced very well in the game, where you will be able to drive some of the fastest and most exclusive cars in the world.

Midnight Club L.A. (Oct 20, 2008)

Featuring excellent graphics and very intense racing that takes place day or night, the latest installment in the Midnight Club series offers a pretty good package: a rich collection of cars, day/night transition, police, lots of customization options and a lengthy career mode. The multiplayer is also great, supporting up to 16 racers via system link, as well as online. You have the possibility to make your own races or play one of the game’s exciting modes, like Keepaway and Capture the Flag.

Split/Second (May 18, 2010)

Indeed, it is a shallow arcade racer, but thanks to its power plays, the action is pretty entertaining throughout the entire race. Flooring the car down an airport runway in a cool-looking sports car never gets old and while you race, you can destroy your opponents by triggering destructive hot spots that are spread all over the track. With its more than frequent explosions, tumbling debris and other similar goodies, the action is pretty intense, but unfortunately the game gets boring after several hours of gameplay. Nevertheless, it’s still a great game.

Blur (May 25, 2010)

It is a fast and exciting racer, offering smooth and responsive driving, along with a lot of weapons that add a little bit of spice to the racing action. The reward system implemented makes the game difficult to put down, while the wide array of cars and tracks should be enough for most enthusiasts. In addition, the multiplayer mode is very complex and you will certainly spend lots of hours taking down your buddy with the various power-ups available. The graphics are quite good too, but the music will eventually become annoying after several hours of gameplay. If you’re tired of Burnout Paradise, this is the game to buy.

Burnout Paradise (Jan 22, 2008)

Speaking of, the latest iteration of the Burnout franchise combines racing and wrecking in a way in which no other video game has ever managed to do. The open-world design offers a lot of opportunities to destroy your opponents, while the showtime mode is epic. With great visuals and excellent online functionality that is both addicting and seamless, no wonder it received high scores from just about every video game reviewer out there. The soundtrack is also very good, but the DJ gets annoying only after 1-2 hours of gameplay.

Need For Speed High Stakes (Sep 29, 1999)

Without any doubt, NFS: HS was the best racing game of the 90s and it is my favorite all-time NFS game. The first thing that I liked about the game was the menu, very modern for those days. With a rich selection of cars and a wide array of locations, it offered just about anyone could want, including damage modeling. Another great feature of the game was the career mode which forced you to make hard choices regarding how to manage your car inventory and money. Plus, the night driving was awesome.

Grand Theft Auto IV (Sep 8, 2009)

GameSpot gave it a “10” so it definitely is one of the greatest games of all time. Offering a superb character-driven story and an epic “Liberty City” that looks so alive, GTA4 is a game for everyone. The wide selection of cars and motorcycles available, along with planes, boats and helicopters, make this game truly remarkable.

Forza Motorsport 3 (Oct 27, 2009)

Offering hundreds of cars to drive, tune and paint, along with a varied selection of tracks to race on, Forza 3 will keep you interested for hundreds of hours. It has probably the longest career mode ever seen in a racing game and a great online multiplayer support. The storefront allows you to buy and sell cars, contributing to the immense world of racing that the game offers. To name some of its weak points, the forgiving AI and the possibility to use cars that exceed event restrictions.

Test Drive Unlimited 2 (Feb 8, 2011)

The game offers a huge, attractive, open and online world, combining the steady progression of the career world with a very enjoyable open-world driving mode. The graphics are astonishing and the wide selection of cars offers plenty of possibilities to choose from. The multiplayer mode is immense, you can create and edit custom challenges, share them in the Community Racing Centre and other nice goodies. On the downside, there are no pedestrians, no motorbikes and the control of the car is rather funky. However, it still is a good reason to increase your video games collection.

Gran Turismo 5 (Nov 24, 2010)

GT5 is probably the most popular racing video game ever made, being rewarding and accessible for both newcomers and experienced players. The realistic handling really lives up to all expectations, while the selection of cars is incredible, with more than 1,000 models to choose from. You can race during the night, in rain or snow, and the lengthy career should hold you a couple of weeks. After that, dive in the multiplayer world and spend countless hours racing with your favorite friends as well as strangers from all over the world.

GRID (June 3, 2008)

We’ve saved the best for last. In our humble opinion, GRID is the best racing game ever made. The realism in this game is truly astonishing. Although this is an arcade game, you will really feel like you’re behind the wheel of the car. The game offers plenty of racing locations and disciplines to choose from, while the exquisite presentation and the excellent graphics offer a very appealing visual aspect. The career mode is accessible and rewarding, while the great online lobby system will suit all tastes. In addition, it has the best car damage model ever seen.

Feel free to recommend other games that should be added to this list.

Source & Photos: GameSpot

F1 Legacy – Ayrton Senna

Ayrton Senna da Silva was probably the best Formula One driver of all times, despite the fact that there had been other pilots that managed to win more races and championships. The Brazilian racing legend was born on March 21, 1960 and managed to win the F1 championship three times.

Senna’s racing journey began in karting and in 1983 he moved on to the more competitive world of open-wheel racing. Two years later, he won the British Formula 3 championship and in 1984 he debuted in Formula One, behind the wheel of a Toleman-Hart car, before becoming a driver for the legendary Lotus-Renault team. Over the next three seasons, he managed to win six GPs.

Later on, he became a driver for another legendary team, McLaren-Honda, joining Alain Prost in 1988. That year, they’ve won all races, except for one, and Senna grabbed his first F1 title. One year later, Prost got his revenge, managing to win the championship, but Senna responded the next two years, with his second and third title. 1992 was the year when William-Renault began dominating Formula One, but Senna managed to finish the season in 2nd place, winning five GPs.

It all ended dramatically for him on May 1st, 1994 when he crashed his car into a concrete barrier while he was leading the San Marino Grand Prix held at the Autodromo Enzo e Dino Ferrari in Italy. That weekend turned out to be a real tragedy, as a day earlier; Roland Ratzenberger was killed after he crashed during the qualifications for the race. These two incidents are considered to be a turning point in the safety of F1, prompting the implementation of various safety measures, along with the reformation of the Grand Prix Drivers’ Association.

Ayrton Senna was a great man not only for his epic racing talent, but more for his generosity and goodness. He was a practicing Catholic, and after his tragic death, it was discovered that he had quietly donated millions of dollars to help children in need. Right before his accident, he created the foundation for an organization dedicated to children in Brazil, which later on became the Instituto Ayrton Senna.

The irony is that Senna became more and more worried about the dangers of his dangerous profession and on the morning of his fatal accident he initiated the reformation of the GPDA safety organization as he wanted to work to improve the safety of the sport.

Soon after his death in 1994, the Brazilian soccer team who managed to win the World Cup dedicated its victory to Senna, recognizing his contributions to this sport. In Brazil, the main freeway from the Sao Paulo international airport, along with a tunnel, are named in his honor. In addition, one of the most important freeways in Rio de Janeiro was named “Avenida Ayrton Senna”, while the main road in his resort at Quinta do Lago was also dedicated in his name.

On April 21, 2004, which marked the 10th anniversary of his passing by, more than 10,000 people attended a charity game in a soccer stadium near Imola. All of the money raised there was donated to the Instituto Ayrton Senna. On that same weekend, Bernie Ecclestone acknowledged that he believed Senna was and remained the best Formula One driver he had ever seen.

You all probably know that one of brains behind the epic Honda NSX was Senna himself. During the late 80s, the relationship between him and the Japanese automaker was very close, and the latter asked him to fine-tune the suspension of the NSX. At first, he said that the car’s chassis wasn’t stiff enough so the production version was reinforced in order to meet Senna’s requirements.

Ducati, the famous Italian motorcycle manufacturer produced limited Senna editions of its 916 superbike between 1996 and 1998. During those years, the company was owned by Claudio Castiglioni, who was a very close friend of Senna. Several years later, in 2002, another special edition was dedicated to Senna, the MV Agusta F4 750 Senna. Only 300 bikes were ever made, and all the money obtained from selling them went to the Ayrton Senna Foundation.

The Grand Prix circuit in Adelaide, Australia will remain in history as the last place where he won a race, and in his honor, the first chicane of the track was named the “Senna chicane”. In addition, one of the streets in the suburb of Wingfield is named after him. Some say that the Adelaide circuit was one of Senna’s favorite and he was unhappy to hear that F1 would move from Adelaide to Melbourne.

During one episode of Top Gear that aired on July 25th 2010, the show paid a tribute to Ayrton Senna with Lewis Hamilton driving Senna’s legendary MP4/4 car, the one with which he managed to grab the title back in 1988. In that episode, Jeremy Clarkson revealed that a documentary film will be released in fall 2010.

The storyline of this documentary film revolves around Senna’s life and tragic death. The film follows his struggles both on track against his all-time rival, Alain Prost, and off it, against the politics that had a bad influence on the competition.

We highly recommend watching this documentary film, even though you are not a big fan of motorsport racing. Senna was more than just a very good F1 driver; he was a truly remarkable person with a big heart and an exceptional personality.

There are many F1 drivers that managed to win the championship, but people will always remember Senna for the incredible way in which he managed to win his three titles. Fans will never forget his epic rivalry with Frenchman Alain Prost. I really believe that we won’t be seeing that fierce competition between two talented pilots anytime soon, which is a real shame, because without interesting battles like the ones between these two pilots, F1 or any other motorsport competition, is pretty boring.

Ayrton Senna, you will be missed…

The History Of Green Cars

When the carriage and the horse were phased out in the 1800s, more and more manufacturers started to believe that cars of the future were going to be powered by steam, just like locomotives. During those days, one of the most popular manufacturers was the legendary Stanley Motor Carriage Company, known for its Stanley Steamer, which was produced from 1896 until 1924.

Stanley Steamer

The very first electric carriage was launched in 1832, and until 1839, electric vehicles became more and more popular in Europe thanks to the fact that they ran considerably quieter and a lot smoother in comparison to other cars. North America followed that trend in the late 1800s, and the cars made by William Morrison and AL Ryker were the most popular. In 1897, electric commercial vehicles were launched, as part of NY’s taxi fleet.

Porsche Semper Vivus

1900 was the year when the first hybrid car in the world was revealed, Ferdinand Porsche’s Semper Vivus. It had two 3.5 hp electric hub motors. The second iteration of the model had 4 hub motors, making it the very first 4WD car. The 80-volt bank of 44 batteries had a curb weight of 1800 kg and there were no possibilities of charging from an external source, but it was charged via a rear-mounted internal combustion engine.

Detroit Electric Coupe

During the early 20th century, the Detroit Electric Coupe was probably the most popular electric vehicle and one of the drivers of this car was Henry Ford’s wife. On a single charge, the car could have been driven for 80 miles, managing to reach a top speed of 20 mph. During the turn of the 20th century, people bought more electric-powered cars than any other types of vehicles.

It all changed in 1907 when Ford began making the legendary Model T, which marked the end of electric cars for several decades. Mass-production gasoline-powered cars were 50% cheaper and their capabilities were far better than any other green car on the market, thanks to the fact that they could have be driven for significantly longer distances and were capable of achieving higher top speeds.

Citroen Rosalie

The diesel engine was developed and patented in 1893 by Rudolph Diesel. However, the first diesel-powered passenger car was launched 40 years later, when Citroen rolled out the Rosalie model. General Motors started working on cars that were powered by diesel engines, while in 1936; the German car manufacturer Mercedes-Benz launched the 260D, marking the beginning of a solid alternative to gas engines.

Vespa 400

Green cars were revived during the late 50s and early 60s with the introduction of the Vespa 400, which was manufactured between 1956 and 1961. More than 28,000 units were sold and it will go down in history as the only car of those times that was produced by a motorbike company. Built between 1957 and 1964, the Messerschmitt KR200 had a single-cylinder two-stroke power unit. There were other popular green cars during those days, like Mini and the Austin Healey Spirite.

Car manufacturers started seeking alternative fuels in the early 70s when the oil crisis kicked in. There were lots of electric cars presented, but most of them had limited capabilities and futuristic designs, thus failing to grab the attention of the large audience.

In the 80s era, more and more attempts were made to develop green cars. There was even a competition for solar-powered vehicles, which was held in Switzerland between 1985 and 1995.

Citroen Citela

Moving on to the 90s, in 1991, BMW rolled out two battery-powered E1 concepts, but they never made it to the production phase. Later on that same year, Citroen launched the Citela, which was considered the car of the future, managing to offer a driving range of 130 miles and hitting a top speed of 70 mph. It failed because it relied heavily on assistance from the companies in charge of delivering electricity, companies that weren’t very pleased with the idea.

Peugeot 106 Electric

Between 1996-1999 GM produced its very first electric vehicle, known as the EV1. There were other cars launched during the 90s, like the Fiat Downtown and most importantly, the Peugeot 106 Electric, which was quite popular in France.

Toyota Prius

The turn of the millennium brought more and more green cars, especially hybrid vehicles that offer the perfect balance between conventional-powered and electric cars. Important examples are without any doubt the Toyota Prius, followed by the Toyota Camry. The first one became the world’s number one selling hybrid in 2007. The hybrid concept was introduced to bigger cars, like the Lexus RX400h, a serious off-roader.

Tesla Roadster

BMW introduced in 2006 a hydrogen-powered 7-Series, and one year later, Ford revealed the Airstream, sporting a lithium battery and a hydrogen fuel cell. Electric cars later on became fast, with the introduction of the Venturi Fetish, a car that was capable of doing the 0-60 mph sprint in less than five seconds. Another fast EV is the Tesla Roadster, which can accelerate to 60 mph in only 3.9 seconds, before reaching a top speed of 125 mph. With the batteries full, the car can be driven for up to 244 miles (393 km).

Chevrolet Volt / Nissan Leaf

Nowadays, everyone is talking about the Nissan Leaf and the Chevrolet Volt. Both of them were launched in December last year. The Leaf, an all-electric car, uses a front-mounted electric motor that drives the wheels, powered by a 24 kWh lithium-ion battery pack that generates 120 hp (90 kW). 0-60 mph is done in 9.9 seconds, while top speed is about 93 mph (150 km/h). EPA’s official range for the Leaf is 73 miles (117 km).

The Chevrolet Volt is a plug-in hybrid vehicle, capable of doing up to 50 miles on electric mode. The electric drive unit uses a 220-cell, 16 kWh lithium-ion battery, generating 150 hp and a peak torque of 273 lb.-ft. Once the battery is dead, a 1.4-liter gasoline engine kicks in, which generates 80 hp and increases the Volt’s range up to 310 miles.

The future will probably bring us EVs with an increased driving range and less time necessary for charging the batteries.

Source: TheGreenCarWebsite

Hydrogen-Powered Cars – Is There A Future For Them?

Mercedes-Benz F-Cell

We all know that EVs are now the hype in the automotive world, but what about hydrogen-powered cars? Well, let’s just say that the Obama administration is planning on cutting down funding for hydrogen by 40%. Even worse than that is the lack of any sort of infrastructure at the moment. Experts affirm that it will take decades for hydrogen to have an appreciable impact on gasoline consumption and the emissions of CO2.

Geneva Motorshow 2011 – the line-up

Geneva Motor Show 2011

We know you love cars as much as we do (okay, maybe a bit less), so we’re sure you’d like to keep up with all the information and launches that are happening as we speak at the 2011 Geneva Motor Show. Since the news are stacking up and there are tons of pictures we’d like to share, we gathered them here, in one post, so you can access them whenever you like.

We’ll keep updating this post with all the new links, to make sure you get everything you need from the 81st International Motor Show and Accessories from Geneva (3-13 March, 2011).

We’ve also made a top with the best concepts presented at the show:
Top 10 Concepts PART 1
Top 10 Concepts PART 2

Geneva 2011 launches:
Sportec SPR1 FL
Skoda VisionD
Smart ForSpeed Concept
Mini Rocketman Concept
Mini Clubman Hampton
Mini John Cooper Works S2000
IED Abarth scorpION EV
Mansory Porsche Cayenne
Mercedes SLK
Artega SE
Honda Accord Facelift
BMW Z4 Design Pure Balance
GTA Spano
TechArt Magnum
RUF Rt 12
Kelleners BMW 5 Series M Sports Package
Hamann Guardian
Irmscher 7 SELECTRA
Audi Q5 Hybrid
Saab 9-5 SportCombi
Lancia Flavia
Renault Wind Gordini
Volvo V60 Plug-In Hybrid
Maserati GranCabrio Sport
Toyota iQ EV Concept

BMW ActiveE
Saab 9-3 Facelift
Lancia Thema
Lotus Evora Mansory Bespoke Concept
Bertone Jaguar B99
Lexus LFA Nurburgring
Fiat Freemont
Mercedes C-Class Coupe
Volkswagen Tiguan Facelift
Koenigsegg Agera R
Aston Martin Vantage S
Skoda Fabia Monte Carlo
Lotus Elise Club Racer
Rinspeed Bamboo
Opel Ampera
Aston Martin Virage
Renault Captur
Land Rover Range_e
ABT Audi A6
Subaru Trezia
Tata Pixel
ABT Audi R8 GT S
Audi RS3 Sportback
Porsche Panamera S Hybrid
Carlsson C25 Royale Mercedes SL65 AMG
Mansory Siracusa Ferrari 458 Italia
SsangYong SUT 1
De Tomaso Deauville
Novitec Rosso Ferrari 599 GTO
Hyundai i40 Estate
Kia Picanto
Peugeot 908 Hybrid4 Le Mans Racer
Suzuki Swift S-CONCEPT
Alpina BMW B5 Bi-Turbo Touring
Volkswagen Golf R Concepts
Kia Rio
Sbarro Evoluzione
BMW Vision ConnectedDrive Roadster Concept
Subaru’s RWD Coupe Platform
VW Golf 6 Cabrio
Range Rover Autobiography Ultimate Edition
Lotus Evora Enduro GT Concept
Pagani Huayra
Nissan Esflow Sports Coupe Concept
Toyota FT-86 II Concept
Renault R-Space
Pagani Huayra presentation video
Ferrari FF
Jaguar XKR-S
Mazda Minagi Concept
Mitsubishi Concept-Global Small
Wiesmann Spyder Concept
Infiniti Etherea Concept
SAAB Wild PhoeniX Sports Coupe Concept
Geneva 2011 – Fiat 500 Coupe Zagato Concept
Alfa Romeo 4C Concept
European-spec Toyota Prius+
Renault Twizy
Toyota Yaris HSD Concept
Italdesign Giugiaro Tex and Go! Volkswagen Concepts
Irmscher i SELECTRA
Lamborghini Aventador
Rolls Royce 102EX EV Study
Skoda VisionD Design Study
Ford BTCC Focus Race Car
Volkswagen Bulli
Seat IBX Concept
Ford B-MAX

Photo galleries from Geneva 2011 Motor Show:
Renault R-Space Concept
Jaguar XKR-S
Fiat 500 Coupe Zagato Concept
Ferrari 458 Italia Siracusa by Mansory
Toyota FT-86 II Concept
Toyota Prius V
Ferrari FF
Alpina BMW B5 Bi-Turbo Touring
Mazda Minagi Concept
Wiesmann Spyder Concept
Lotus Evora Enduro GT
Pagani Huayra
BMW ConnectedDrive Concept
2011 Nissan ESFLOW Concept

2011 Infiniti Etherea
2012 Gumpert Tornante Coupe
Saab PhoeniX Concept
Alfa Romeo 4C Concept
Lamborghini Aventador LP 700-4

Top 10 Best States To Buy A Car From

Two years ago, Forbes.com came up with a top 10 of the best states to buy a car from. As some of you might expect, the sticker price varies greatly from state to state due to the fact that financing in some of the states can cost car buyers even an additional $6,000 beyond the price tag of the vehicle over a period of five years. Add to this the taxes, fees, the rate of the depreciation and the money that you will pay for the gas, a $20,000 car will cost way more than that.

Interview with Nigel Mansell at Lotus Showroom Launch in Bucharest, Romania

2013 Lotus Esprit

Today was quite a blast for us here, ar rpmGO: the first Lotus showroom was opened in Bucharest, Romania, and Formula 1 rock stars Nigel Mansell and Martin Donnelly were invited to cut the ribbon on the new establishment. Donato Coco, the Lotus head of design was also there and shared with the philosophy behind Lotus’s original and authentic design.

We were psyched! Not only because we got to see some amazing cars, which we’ll line up in just a second, but also because we had the chance to interview Mr. Nigel and bask in his glory. I can only tell you it was a fine day to be a car lover.

First, let’s enjoy together the words of one of the greatest legends in Formula 1:

1. You’ve set many landmarks in the Formula 1 history. What would you say your legacy is?
My legacy is honesty. Honesty, integrity and always driving a car at 100% and I’m very proud and privileged to have been part of the Formula 1 unity for so long, so hopefully I’ve left some interesting moments.

2. Are you looking forward to any particular car this year? The Geneva Motor Show will surely host a lot of premieres.

I’m looking forward to seeing how the Formula 1 Lotus is going to develop in this year’s Grand Prix and I think the unveiling of all this new Lotuses is somehow very exciting, but I think 2011, hopefully for the motoring trade will be an exciting year.

Nigel Mansell

3. What do you think about the latest car models Ferrari has produced?
I think all the manufacturers are fighting very hard for market share and Ferraris a great. I think everyone is going to compete at the highest level.

And in comparison with others?

The Lotus has a very different price from the Ferrari and they’ll be people who will be attracted to the same model for the same reasons or for different reasons.

4. What do you think is the fundamental tie between man and car? What should a car do for man and what should a man do for a car?

The car I think is an extension to the human being. We’ve been born to drive cars. Some of us like driving faster than other, but this also demonstrates the character of the driver and the sheer enjoyment and the pleasure. And if you are privileged to own more than one car, then you can choose perhaps what car you’d like to use for what journey and this is an exciting development.

5. Can you tell us about your all time favorite car?

Oh, my favorite all time car… I have to say, for many reasons, many, many reasons is the old Mini, because it was my first car. A very old one. [laughs]

Ribbon cutting at the new Lotus showroom

Besides the presence of Mr. Nigel and Mr. Donnelly, we had the chance to see the beautiful Lotus Elise, Evora and Exige, which were neatly lined up for us to drool over (which we refrained from doing). Also, we feasted our eyes upon the ravishing 2013 Lotus Esprit and the F1 Lotus Renault R31, which will debut at the Australian Grand Prix on March the 27th.

Check out the entire photo gallery on our Facebook page and don’t forget to click if you like what you see!

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