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Toyota Keeping Open Missisipi Plants

Today MSNBC News informed that Toyota will restart the overdue building of its Mississippi factory, which will provide 2,000 jobs and be ready to start operations by autumn of next year.

Toyota Motors auto plant in Blue Springs, Mississippi, was originally intended to be concluded by 2010, but building was suspended after the U.S. economy sunk in late 2008.

This factory in Mississippi will build 150,000 Corollas a year, bringing back to North America assembly Toyota had briefly shifted to Japan when it pulled out of a California joint venture with General Motors Co. in April, Toyota said. Originally, it had said it would make the Prius hybrid in Mississippi.

The expansion comes at a favorable moment for Toyota, when the world’s biggest automaker is stressed to fix an image beaten by an epidemic of recalls, particularly in its key North American market.

Toyota, which also brands the Camry sedan and Lexus luxury model, has been inundated by a substantial quality crisis, occasioning the recall of 9 million automobiles everywhere in world since October, mainly in the U.S. for glitches such as gas pedal flaws and braking software malfunctions.

Toyota was penalized a record $16.4 million by U.S. authorities for hanging around on the recalls. It faces more than 200 litigations in accidents, comprising fatal ones, alleged of being linked to deficiencies, and those alleging the recalls triggered the price of Toyota vehicles to plunge.

“We aim to give our full effort to manufacturing vehicles that can bring joy and to contribute to the region’s economy and society,” he said.

Mississippi Gov. Haley Barbour welcomed Toyota’s decision and said he had believed in Toyota all along.

Picking a Fuel Efficient Cars

When picking a car to lease, a lot of factors may affect your decision. The price of a car and its performance are a few of the aspects you would take into consideration. Although an inexpensive car is very attractive, it usually has some trade offs for the low price value of the car.

In some instances cheaper doesn’t always equate to savings. Investing in a fuel efficient car may cost you more in your initial investment, you’ll realize you saved a lot if you look at the long term benefits. You save a lot in your gas cost and still get a good performance out of your vehicle.

Although their are vehicles which are cheaper and have a good gas mileage, these vehicle sacrifice some features found on other vehicles to compensate for the low price. At the end of the day it still boils down to the needs of each and every person. A person might opt for an expensive fast fuel efficient car or a cheaper slow fuel efficient car.

If fuel efficiency is important to you in picking a car then here are a list of the best fuel efficient vehicles and the best fuel efficient sports cars.

Best Fuel Efficient Vehicles
  1. 2008 Toyota Prius
  2. 2008 Honda Civic Hybrid
  3. 2008 Smart Fortwo
  4. 2008 Nissan Altima Hybrid
  5. 2008 Toyota Camry Hybrid
  6. 2009 Volkswagen Jetta TDI
  7. 2009 Ford Escape Hybrid
  8. 2008 Toyota Yaris
  9. 2008 MINI Cooper/Clubman
  10. 2008 Honda Fit
Best Fuel Efficient Sports Car
  1. Nissan Altima Coupe
  2. Audi TT Coupe
  3. Audi A4 Cabriolet
  4. Pontiac G6 Coupe
  5. Honda Accord Coupe
  6. Volkswagen Eos
  7. Chrysler Sebring Convertible
  8. Mitsubishi Eclipse
  9. Pontiac Solstice
  10. Saturn Sky

How Car leasing works

The concept of car leasing is basically you paying for the depreciation of the car during the period you were driving it. Depreciation is the difference of between a vehicle’s original value and it’s value at the end of the lease. Different makes and models of vehicles have different depreciation rates. Vehicles having the lowest depreciation rates usually have the best lease deals.

Capitalized Cost is the price agreed upon by you and the dealer, this is also known as the lease price. The  capitalized cost may include certain fees, such as an acquisition fee

The Residual Value of the car is its depreciated value after the end of the lease term.The higher the residual value the lower is your lease payments.

Money Factor is the interest you pay to the lease company for the money they spent to buy the car from the dealer so that they could lease it to you. Money factor is sometimes called lease factor, lease rate, or simply factor.

Lease term is the length of time a car is leased, which is usually expressed in number of months. A good way to maximize your lease is to choose a l lease term that’s not longer than the coverage warranty that comes with your vehicle. In that way you’re covered for the entire duration of the lease.

A perfect car lease for every one.

Deciding in choosing the make or budget of a car lease differs in a lot of ways. The disparity of the decisions relies on the user. Choices differ from single, couple, families, business, male or female. Although all these client have their own taste or budget. Leasing firms always have the perfect car for you with the perfect leasing deal.

A good way to start your search for a leasing firm is by referral from a friend or relative who has tried the services of that company. Another effective way is to check the Better Business Bureau or browse the web for any reviews on various leasing firms in your area.

If you decided on a leasing firm, a representative can assist you in your search for different makes and models of your choice. Once you’ve picked a car he can arrange a test drive for you and if all is well. He will put together a good deal well suited for your needs.

The number of choices ranging from the sports sedan, two-seat roadster or an SUV would only confuse you and would increase the risk of you picking a poor choice which would not fit your needs.

The task of choosing a perfect car for your needs would no longer be a daunting task but would be an enjoyable one with the assistance of a Car leasing expert. They have the knowledge about cars and dealers. The advantages of working with a car leasing firm would definitely give you fast results and make life easier for you

Vehicle and Car Leasing Tips

When you’ve arrived at this blog, you are basically here to know the knick-knacks of car leasing. In this post, we have given out quick and the utmost basic tips to help you get a bargain in car leasing.

Know how much is your mileage requirement. Most leases limit the MPY or miles per year, which is done by imposing up to 20 cents per extra mile that is over 15K miles annually. If you are a driver who places 40K MPY on your vehicle, then you are surely to face thousands of dollars in dues and penalties at the termination of lease. You have to be wise enough to know that it is best to negotiate for a much higher limit on mileage.

Indeed, when it comes to leases, proper negotiation is one of the most important car leasing tips. Another tip is for you to pad up excess miles at the start of your auto lease in order to prevent tax rates for the excessive miles.

Another very important car leasing tip that can give you an added advantage over your dealer is to include GAP coverage. You definitely have to make sure that the GAP coverage is included in the lease. Such is a very important protection for you as it covers you in cases when your vehicle gets into an accident and is wrecked. You can also benefit from the coverage if in case your car gets stolen.

The Risks of Car Lease Takeover

As appealing as car lease takeover sounds, there are still some risks that a lessee should take note of. One, is the chance of service problems. A study said that a 3-year old car has more than twice the problems as a one-year-old car has. Any repairs that’s not covered by the warranty, comes out of one’s own pocket, even if the car has been in your hands for three months or so. It’s probably a good idea to purchase a comprehensive, bumper-to-bumper warranty to cover the full car lease term.

Another risk associated with car leasing is that it’s difficult to predict what that car (the leased vehicle you’re about to take over) will be worth when it’s, let’s say, five years old.  The retained value of the car after 5 years is an important factor in determining your monthly payments. If the retained value is set too low, your monthly payments will be higher however if it is set too high,  it gives the dealer the latitude to push up the car’s initial price while offering what seem to be an acceptable monthly payment.

The best vehicles to lease, therefore, are those that hold their value supremely well – such luxury cars, sports cars, and some high-end SUVs.  As a result, used-car leasing has become largely the district of a handful of luxury makes such as BMW, Lexus, and Mercedes-Benz.

What Our customers are saying

The lease rate I got by calling the dealer was $67 higher than the rate I got from Car Leasing Secrets. It’s all about the local competition. So happy with my Benz!
 
Cristoph Wiese
Athens, GA
This is probably the easiest way to get quotes and compare them. I got one from each dealer in my city. One of them was surprisingly low. The quotes are free. No worries there.
Kristen Fletcher
Albany, NY
What a great way to shop around! I wanted a Corolla. There’s only one Toyota dealership in my city but I got a quote for a Honda Civic and decided to go with that one because I got such a good offer.
Mark Dolan
Missoula, MT