According to the Bureau of Justice Statistics (www.ojp.usdoj.gov) over three quarters of all crimes in the U.S. are made up of property crimes and certainly automobile theft is among the most prevalent. Automobiles are easier targets than homes in many cases as they are high dollar items, in high demand, and can be driven away within seconds leaving behind virtually no clues as to the identity of the thief.

Although manufacturers have continued to provide basic automotive security features, additional measures are needed as thieves continue to adapt to devices on the market.

For first time buyers unfamiliar with the options, the decisions related to purchasing an automotive security system can be daunting. However, there are a core set of features that should be considered which will help consumers select an effective system with less frustration.

• An automotive security system should provide a first line of defense that warns would be intruders that a particular vehicle is protected. Some type of visual reminder such as a flashing light on the dash or stickers that indicate security are simple deterrents.

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The automotive sector is one of India’s largest and fastest growing manufacturing sectors. With a turnover of US$13 B, the automobile sector employs about 0.45 million people directly and 10 million people indirectly, including after-sales and servicing networks. This ranked India as the 11th largest passenger car producer in the world. In the category of motorcycles and scooters, India is ranked 1st and 2nd respectively. With India increasingly liberalizing its market place, many new joint ventures evolved, resulting in close to 2 dozen global auto manufacturers setting up shop in India

The auto component segment is equally robust, supplying the entire range of parts required by the domestic automobile industry and currently employs about 250,000 people. Although small by global standards, this segment is growing rapidly as a result of its low costs and rising quality. Sales turnover of parts is estimated to have reached US$8.7 B in 2004/05, 29% higher than the previous year. Noticeably, auto component manufacturers supply to two kinds of buyers – original equipment manufacturers (OEM) and the replacement market. Over 300 small and medium companies directly service the OEMs assembling vehicles in India. Downstream, close to 5,000 other micro firms are working for these Tier 1 suppliers, as well as for the replacement market

The sector can be segmented into 2. One is the automobile segment. The other is the auto parts segment. The key manufacturing areas for these 2 segments are well spread across the country.

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Auto refinancing is one of the best ways to save your money. The concept is similar to home refinance. When refinancing auto loans, you pay off your current auto loan with a refinancing auto loan from a different lender that has a lower APR. Refinancing auto loans makes your monthly auto loan payments much less, and your interest rate drops, which can allow you to pay off the balance of your auto loan even quicker. With dropping interest rates auto refinancing has become a very popular trend.
You can speed up the process of auto loan refinance sanction by following various points. By paying a close attention to these points the chances of your rejection can be minimized.

The names used in auto refinance loan applications need to be the same names with exact spelling as the names on your current auto loan. This is important because that is how your current auto loan is identified and found. Keep your auto loan account number ready. If you give them a name with a different spelling and they are not able to find your current loan, you can get rejected.

You must refinance more than a fixed amount, which currently is $7500. If the amount is less than this it’s not worth the auto refinance company’s time.  Read more... (500 words, estimated 2:00 mins reading time)

Are you in the market for a new used car? If you are, have you ever thought about attending an auto auction? Each year, a relatively large number of individuals walk away with a quality used car from an auto auction and now you may want to think about doing the same.

Although it is nice to know that many have had success with auto auctions in the past, you may be wondering whether attending an auto auction is worth your time. To determine whether or not one is, you may want to think about examining the pros and cons of buying a used car from an auto auction. A few auto auction pros and cons are briefly touched on below.

Perhaps, the biggest pro or plus side to buying a used car from an auto auction is the price. Auto auctions are well-known for their more than affordable prices. Depending on the auto auction that you attend, as well as the car that you choose to buy, you could walk away with a quality used car for as little as a thousands dollars! In all honesty, you never know what treasures or quality used cars you will find until you attend an auto auction. That is why it is advised that you at least attend a local auto auction, even if it is just to see what one is like.  Read more... (712 words, estimated 2:51 mins reading time)

I have written before that the most important thing to consider when applying for an auto loan is the current auto loan rates. These loan rates are responsible for determining how much you are going to end up paying for the car. So the most important thing you have to me in the look-out for is low car loan rates. In this article I’m going to talk to you about the current auto loan rates and give you some extra tips on the best places to look for low loan rates.

First off, you should know that there a 4 main different kinds of auto loan rates:

• 36 month car loan

• 48 month car loan

• 60 month car loan

• 72 month car loan

Each of them have different loan rates that fluctuate between 6.5% and 14%, sometimes climbing up to the 15% or 16%. The actual rate depends on you location and if you want a new auto loan or a used car loan, but the general rule of thumb is the lower number of months for the auto loan, the lower the car loan rate. Of course if you want a used car loan you should expect slightly higher loan rates than for new cars.

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