Posts tagged with "New car"

The World Premiere of the New Land Rover Defender

Driven by a passion and respect for the original, *the new Defender  delivers transformational breadth of capability and advanced all-terrain  technologies to redefine adventure for the 21st century*. But it remains true to the pioneering spirit that has been a Land Rover hallmark for 71  years.

Livestream here

How to Get a Lower Car Payment

As of February 2019, the average new car transaction price was $36,590. This is according to Kelley Blue Book, the leading automotive valuation authority in the United States. While that figure is actually lower than it was in January of 2019, when the average price was $36,765, it’s considerably higher than February of 2018 when it was $35,597.

With that said, along with these higher prices have come larger car loans. This doesn’t have to mean they’re unaffordable though. Here’s how to get a lower car payment—even with a larger loan.

Know Your Credit Score

Too many people go shopping for cars without knowing their credit score and the Annual Percentage Rate (APR) on a loan they’re entitled to, based upon that score. The higher your credit ranking, the lower your interest rate should be. The lower your interest rate, the less money you have to pay each month to service the loan. In other words, knowing what your credit history qualifies you to receive is one of the fastest ways to lower a car payment.

Get Pre-Approved for a Loan

Another thing you should do before shopping for a car is get preapproved for a car loan by your bank, credit union or another independent lender. That way, when you get to the dealership, you’re in a better position to negotiate your interest rate, because the seller knows they’ll have to compete with your existing offer.

Increase Your Down Payment

Most lenders like to see at least 20 percent down on a new car purchase. Meeting this figure can earn you a lower interest rate, which in turn will shrink your monthly obligation. What’s more, if you can go higher than 20 percent, you’ll lower your loan amount, which reduces the payment and the interest charges. Yes, you can get a car with less money down, but the more money you borrow, the higher your payment will be.

Longer Loan Term

Perhaps not surprisingly, another byproduct of those higher transaction prices is lengthier loan terms. In many cases people are stretching car loans out to 84 months. This can have the effect of lowering a car payment significantly. Then again, it also makes the car cost more in the long run. The longer the loan term, the more time interest has to accrue, which means the borrower pays more.

Refinance Your Car

Even if you’ve recently bought your car, you might qualify to refinance into one of the low APR car loans like those offered by RoadLoans. Therefore, it always pays to keep an eye on interest rates. What’s more, the newer your loan, the more likely you are to benefit from a refinance. It’s never too early to look into this possibility.

Lease Rather than Buy

Instead of taking on a loan for the full price of the car, you’ll pay only for the amount of its value you use over the term of your lease. This can result in significant monthly savings. If you decide you really like the car and want to keep it, you can buy it outright at the end of the lease term as a used car and keep those lower payments. Be sure to run the numbers on this strategy to ensure it makes good financial sense. But it’s a great way to get a nice used car, the history of which you can be absolutely sure.

The six tactics will help you get a lower car payment. However, be careful which strategy you employ. Some can wind up costing you more in the long run.

AUTOMOBILI PININFARINA

AUTOMOBILI PININFARINA ANNOUNCE MAJOR DEAL IN BID TO BECOME WORLD’S MOST SUSTAINABLE LUXURY EV CAR BRAND

The world’s newest car brand confirms new HQin Munich and senior management line up, as well as a €50M partnership deal with Rimac

Automobili Pininfarina has today made a series of major announcements from its new headquarters that will see it strengthen its management team, secure cutting-edge, world-beating electric powertrain technology, and put Formula 1 and Formula E experience in the PF0 hypercar driving seat.

Automobili Pininfarina was announced in Rome in April 2018 as the world’s newest car brand, with an ambition to sustainably develop and produce fully-electric, ultra-luxury cars at the pinnacle of design and desirability. 

The company will offer a range of cars designed and hand-crafted by legendary Italian automotive styling house Pininfarina SpA. The first, an ultra-exclusive, luxury electric hypercar codenamed PF0, will be launched at the Geneva Motor Show in 2019, with production beginning in 2020. 

Munich has been confirmed as the company’s corporate and operational headquarters, providing access to expertise and engineering networks in arguably the world’s most successful and technologically advanced car market. Munich’sproximity to northern Italy, the home of Pininfarina SpA – who will design and build the PF0 under contract – was also key to CEO Michael Perschke’sselection of it for the global headquarters. 

At a press conference today, CEO Michael Perschkeand special guest Dr. Pawan Goenka, Mahindra & Mahindra Managing Director, also introduced an impressive line up of partners and collaborators –including a unique technical partnership with RimacAutomobili to provide battery and drivetrain expertise, software, and hardware, in a contract worth up to €50m.

As well as the partnership with Rimac, AutomobiliPininfarina also announced Nick Heidfeld as their new Development Driver. With nearly 20 years of top-level motor racing experience to call upon, Nick will be responsible for honing the PF0 vehicle dynamics programme from the beginning of 2019, with a clear personal ambition: to help develop the most enjoyable electric performance car in the world.

Perschke said: “Today marks a significant step for the launch of a range of Pininfarina-branded cars and for PF0, which will be the most powerful Italian-built sports car in history – and the first luxury hypercar to be conceived in Germany. We have developed a sophisticated brief to deliver a ground-breaking all-electric hyper GT car to clients from 2020, and now we are curating the partners and suppliers to deliver this dream. The results will be electrifying for owners of Automobili Pininfarina cars in the future!”

2019 INFINITI QX50

2019 INFINITI QX50

By Vaughn Lowery × Anthony Sovinsky

As of late, we had the opportunity to test drive a pre-production QX50 during a three-day press launch at West Hollywood’s newest boutique property, La Peer Hotel.

The days are slowly fading, at least in the automotive industry, where bigger isn’t always better. The biggest engines, the most valves and absurd fuel consumption aren’t necessarily needed to create fast responsive engines. For Earth’s sake, this is a very economical and environmentally friendly path to take. Less fuel consumption while improving power output is the wave of the future and Infiniti is one of many leading the way. The newly redesigned 2019 Infiniti QX50 stocks a VC-Turbo Engine with all-new DriverAssist technology and lightweight skeleton.

Let’s start with the heart of the vehicle -the engine. What’s important to note is how much more economical the VC-Turbo Engine is in comparison to the 2017 QX50 and its stiffest competitor, the Lexus RX. The newly designed engine is a 2.0 liter turbocharged 4-cylinder which produces an impressive 268 horsepower @ 5,600 rpm while creating an astonishing 280 lb-ft of torque @ 1,600 rpm. This means quicker acceleration and consistent pull through the entire power band. The QX50 is able to stretch a gallon of fuel up to 27 mpg city/hwy which is a 35% increase in fuel economy from the previous model, making it the most economical vehicle in its class. The Lexus RX comes in 4 mpg less while also lacking in the torque department. Infiniti for the win!

Complementing fuel efficiency is its all-new lightweight platform. The frame only weighs 923.7lbs and the weight-to-size ratio is the best in class. Designed from high tensile material it enables the car to resist flex, vibration and reduces noise pollution inside the cabin for a more luxurious ride. Now fitted with McPherson suspension, commonly used on BMW, the QX50 is ready for spirited driving. Furthermore with the increased structural integrity, the suspension appears to be more responsive, providing the driver with greater control and cornering.

When it comes to safety, there’s one thing which comes in mind – how well does it stop? Infiniti added a new braking system designed for control under most conditions. The vehicle is fitted with ventilated front brakes which are larger than the previous model, measuring in at 13 inch in diameter. Moreover, a new brake booster and tie rod system has been added to reduce the need for higher brake pedal pressure. Depending on customer preference, there are two wheel/tire and two drivetrain options available. The tires come in 19 inch wheels with 235/55R19 tires or 20 inch wheels with 255/45R20 tires – both available in run flats and reinforced rubber sidewalls to allow up to 93 miles with reduced air pressure. For the drivetrain, one can choose between the intelligent AWD or the standard FWD. Better grip, braking and handling attributes can be expected with the AWD upgrade.

The exterior stays true to Infiniti’s “Powerful Elegance” language. Several features set this model apart from its predecessors. It’s overall sculpture is influenced by aerodynamic efficiency which adds to the muscular yet sleek design of the crossover. Every curve (mostly on the hood) and shape of the QX50 is fully functional, improving its drag coefficient by 6%. The front fascia boasts its usual distinct double arched grille. Furthermore, it is equipped with the signature LED headlight design that gives an appearance of an intense stare-down. Slightly sitting higher with larger wheels, you are reminded, ‘its more than just a good look but a sporty companion.’

Ergonomics are apparent inside the cabin. Upfront are two zero-gravity NASA seats alongside of a passenger-minded asymmetrical architecture, allowing both driver and passenger to feel connected and co-operative. On the dash board sits the InTouch infotainment center featured on dual screens for ease and convenience. It allows passengers to stream media from handheld devices via Bluetooth – including music ,texts and photos (Apple CarPlay and Android Auto are not yet available). The Bose Performance Series audio system is designed specifically for the QX50’s underpinnings to produce optimal sound quality. It’s loaded with 17-speakers and delivers an unmatched audible experience. Above head is panoramic moon/sunroof which stretches from the front to back seats complete with a motorized blackout curtain. It enhances the roominess, especially for backseat passengers who wish to stargaze. Also in the rear is a sliding rear bench which alters both legroom and cargo room for whichever is needed most. The quilted seat packages offer a bespoke feel coupled with ultra suede middle console, pillars and headliner. Moreover, manually retractable rear window nets offer additional privacy as well as sun protection when paired with factory tint.

Driver connectivity is further enhanced with ProPilot – a feature which allows single lane driving assistance. This helps with driver fatique during bumper-to-bumper traffic and long drives. As the name implies, this patented technology assists the driver in identifying road hazards as well as other drivers which could potentially cause accidents. Moreover, ProPILOT also helps manage acceleration, braking and steering in single lane travel. For whatever reason, when activated it makes both the steering and brakes feel firm and tenacious. We tested it on the whiny roads of Muholland Drive; and it practically drove itself even while descending (activation normally lasts upto 20 secs or until it falls back in between the 2 lines). In addition, the newly introduced heads-up display in lower windshield allows the driver to fixate more on the road and less on the navigation. Also works well with polarized eyewear and shades.

In short, the 2019 Infiniti QX50 AWD fully loaded model prices just under $60,000 which isn’t quite so bad considering the brains of this bodacious beauty. Not to mention, the overall performance is extremely desirable and nimble at times. This is an amazing buy for a millennial executive with room for a modern family or empty nesters with a few adult children in tow.

For additional information on this vehicle and available trims visit: https://www.infinitiusa.com/crossover/2019-qx50/