This is the CNN’s list of top ranked Domestic Vehicles of this year.

• Family sedan: Chevrolet Malibu at $21,605, 30/22 mpg
• Small car: Ford Focus at $15,520, 35/24 mpg
• Upscale sedan: Lincoln MKZ at $32,695, 28/18 mpg
• Pick-up: Chevrolet Avalanche at $35,460, 20/14 mpg
• Green car: Ford Escape Hybrid at $29,645, 31/34 mpg

• Luxury sedan: Cadillac DTS at $46,280, 23/15 mpg
• Small SUV: Ford Escape Hybrid at $29,645, 31/34 mpg
• Mid-size SUV: Ford Taurus X at $28,270, 24/17 mpg

So if you are planning to buy a new car this year. You have a list of cars to short list from. Have something to add to this from your experience. Let us know.

If you are thinking of leasing a vehicle, then you should definitely check out Lease Trader. Having dealt in the industry for some time, I know for a fact that they offer some of the most attractive deals in the Car Lease industry.

I always thought it was best to buy a car for oneself even if it takes a longer time to save up the money, as you can have the car as long as you want to, but the cash incentives associated with such deals, makes me think twice now.

This is how the website works, It displays a listing of leases that people want to get out of and these people actually offer cash incentives to get out of the deal. When this is taken into consideration along with the fact that the car would have been maintained well with low miles on it, leasing could be best option for some.

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Hello Everyone! Its a dull Sunday evening and I sit in my apartment browsing through some of my favorite blogs and feeding on recent finance updates. I am constantly on a look out for some interesting information to share with you. Off-late I have developed this excessive sense of responsibility towards my readers.

My day doesn’t seem complete until I post something (apart from the regular IRS notifications and discussions about stimulus) that would help everyone save some money, so here is today’s saving strategy. Few tips to save on your auto insurance.

Here is a list of some of the best Auto Insurance companies around where you can compare your current Auto Insurance with what these companies will give you -

1. 21rst Century.
2. All State.

Usually we  shop for Car Insurance when we have just brought a new car or if we are smart enough, we start thinking about it when we are planning to get a new car.

Auto Insurance Related Things To Keep In Mind When Getting a New Car

1. Keep your deductible high

Deductible is the amount of money that you would be paying towards your claim, if the amount of your claim is $1500 and your insurance company pays $1000, the remaining $500 is your deductible.If you increase your deductible from $500-$750, then your premium amount would get reduced. This way you would be able to save upto 10%.

2. Keep your automobile & home insurance in the same firm

Purchasing  your home and auto insurance from the same company could allow some discount to be enjoyed for both the policies. Sometimes it is possible to save up to 10%.

3. More thank one vehicle?

If you have more than one vehicle, insure them under the same scheme.

4. Compare Auto Insurance

Before purchasing a new car, get insurance quotes of models you have short listed to know which one will take up less money to be insured.

5. Shop around a lot before settling for an insurance policy

Its no harm to spend some time in doing this research. With advent of internet and its million gifts, it gonna take less than an hour to compare rates.

6. Do not over speed for thrills:

You not only end up paying speeding tickets, but also begin to mess with your auto insurance which i am sure you do not intend to.

Here is a list of some of the best Auto Insurance companies around where you can compare your current Auto Insurance with what these companies will give you -

1. 21rst Century.
2. All State.

Have anything more to add to this list? Let us know, we are eager to hear.

The Cash for Clunkers program, most commonly known as CARS which was supposed to last till the end of October but unfortunately ended on August 24th itself. $1 billion was gone within a fortnight and this success prompted the lawmakers to increase the program by another $2 billion. This way the Cash for Clunkers program increased the sale of environmentally friendly cars and removed the Junkers out of the road. This has also provided a relief to the suffering car dealerships and automobile industry in the U.S.

But there is always the other side of the coin and this program is no exception. The Cash for Clunkers program too has its shortcomings. This improper execution of the program by the government often resulted in overloading and even crashing of the government computers. The information that was conveyed among the consumers and the car dealers were insufficient leading to their frustration. In addition to this, the removal of Junkers from the market led to a loss of business to some mechanics adding to their sufferings. The mechanic shop such as a transmission-rebuilding shop has been shut for almost past two weeks because people preferred to buy or lease a new car over rebuilding their old cars.

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You might have heard of the new “Cash for Clunkers” bill offering up to $4,500 for purchasing a new car. The motive here is to provoke the demand of new cars and also enhance the overall fuel efficiency.

This can be achieved by promoting the trade of “clunkers” for the more efficient and brand new vehicles. Officially, it is a part of the Consumer Assistance to Recycle and Save (CARS) Act. This Act is recently passed in the House and is in the Senate currently.

Are you paying too much towards your Car Insurance? Slash your Car Insurance rates today, check out this page  by clicking here.

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Recently I get to hear a lot of queries regarding the Car Allowance Rebate System(CARS) voucher.

So finally here i am to clarify the many different doubts arising in the minds of millions. If you’re one among them, your purpose might be solved. Give it a try!

First of all i would like to clear the misconception that is widely prevailed with regard to the word ‘Voucher’.

In this issue it is not a coupon that would enable someone to get something free of cost. So the next question would immediately spring up in your mind:

BTW make sure you are not getting ripped by your Car Insurance company. Check here to make sure you are getting the best deal clicking here.

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Chairman of the Governors Highway Safety Association, Vernon F. Betkey Jr. has no option but to take notice of the study conducted by The Insurance Institute for Highway Safety, which was released last month.

The institute analyzed driving laws for teenagers and their effectuality in curbing crashes.

In its report the IIHS reasons that states which implement tougher licensing laws for a graduate driver witness a decline in calamitous crashes and the accompanied insurance loss. IIHS rated the states based on their license systems and surprisingly the ones rated as good experienced 30% lesser fatality rates as compared to states with a poor rating.

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U.S. automakers are undergoing troubled times for some time now with Chrysler filing for bankruptcy last month followed by GM’s recent disclosure, industry experts believe this might not spell disaster for the rest of the U.S. manufacturers. Industrial landscape survey reveals that the manufacturers are in a better shape.

Sunil Chopra (Kellogg School of Management) says that the U.S. manufacturing industry is in a state of flux. He believes that either you can look at what went wrong with automakers like General Motors, or you can learn from manufacturers who survived.

RSM McGladrey’s head (manufacturing practice) Tom Murphy believes that U.S. manufacturers’ volumes still rank higher globally. He adds that manufacturing sector has experienced progressive changes and innovations which would not be affected by the recent blows to the carmakers.

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The much awaited New Economic Stimulus Package (Second) has been passed by the Obama administration to battle the current economic downfall. With unemployment at its highest level in a quarter of a century, the banking industry is in crisis despite the bailout money given to the sector and the whole economy facing its worst crisis since the great depression 1929, this $ 819 billion stimulus package  will give respite to the Americans who are finding it very hard to cope up with  the ongoing economic crisis.

The Federal Stimulus Bill mostly emphasizes on spending increases and tax cuts to revive a badly ailing economy. The package includes aid to states and local governments to help them avoid cuts in medical coverage and school funding. The bill also would extend unemployment benefits and give unemployed workers subsidies for health care coverage.

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