Tuesday, April 22, 2008

Only The Best Protection For Your Engine

The engine is undoubtedly one of the most important parts of your Honda vehicle. The engine is the auto part responsible for burning fuel to power your Honda vehicle’s impressive performance. Because of the engine’s importance in your vehicle’s operation, automakers naturally manufacture protective auto parts for your Honda’s engine. No auto part does the job better than the Honda Hood.

Shielding your engine from harmful environmental factors is the main purpose of your Honda Hood. To do this properly, Honda Hoods are made of quality metal sheets. This ensures that your car’s engine is safe from exposure to rain or mud, which may affect the engine’s operation. For a tougher structure, the Honda Hood is produced with outer and inner panels. The outer panel is part of your Honda’s exterior, while the inner panel provides extra strength. This structure guarantees that even if the outer panel suffers impact from minor collisions or debris, the inner panel continues the function of guarding your engine. Honda Hoods are also useful if you want to check on your car’s engine, since the Honda Hood can be easily lifted away from the vehicle’s front end.

You don’t have to worry about the Honda Hood’s visual appeal, either. Honda crafts its Honda Hoods to complement your vehicle’s design. However, if you want to take your car’s aesthetics to another level, you can furnish your Honda Hood with accessories like hood scoops, nose protectors, and hood spoilers. More than enhancing your vehicle’s over-all look, these accessories can also act as the Honda Hoods’ defense against scratches and chips. You can easily get these accessories and your own Honda Hood from our site. We also offer these auto parts at discounted prices, so you won’t miss out on this opportunity to give your engine only the best protection.

Wednesday, April 9, 2008

Should I Refinance My Car?


If you are considering refinancing your car, you should only do so for the following three reasons:

1) You can get a better interest rate. If you can get a rate at least 1 percent better (and preferably 3 or 4 percent better), go ahead and refinance your auto loan. You won't get much benefit from anything smaller than 1 percent. Mentally it may seem like 5.99% is better than 6.25%, but the reality is that they're so close it's not even worth your time.

2) You're at risk of defaulting on your car loan because you can't afford to make the payments. If you're one or two months away from repossession, by all means refinance your car.

3) The third reason you should refinance your car is to prevent defaulting on your home loan. If the payments on your auto loan are so high that you cannot afford to make mortgage payments, you must consider refinancing your car loan. If refinancing will lower your car payments, you will have more money to put towards your mortgage payments.

However, if you're thinking about getting equity out of your car so you can get money to pay other bills, you should know that this is NOT a good reason to refinance. Cars do not have equity since they are depreciating assets, and each day they are worth less than the day before.

Banks sometimes offer "car equity loans," but don't get sucked it. Even if your car is worth more than you owe right now, that won't last long. Borrowing against any equity you have today is always a mistake - all you're doing is stealing from your own future by adding more payments to your current loan. Would you rather make an extra two years of payments on your car so that you can have an extra $100 today? Probably not.

Unless you're at risk of defaulting on a major asset, don't refinance. If you refinance for extra cash, you'll regret it in two or three years when your car should have been paid off and you're still making payments.

If you do need to refinance, keep the following in mind:

Don't pay any fees unless they're minor (such as the $20 your bank may charge for a new title or lien). Walk away from "refinancing fees" and "loan origination fees," and other charges along that line. The bank should be happy for your business and shouldn't charge you for it.

Don't add more time to your loan. Unless you're desperate to lower your payment, try to get a loan that ends at the exact same time your original loan would have. For example, if you buy a car using a five-year loan, and in a couple of years you decide to refinance it, don't take out another five-year loan. All you'd have done is extend the amount of time that you'll be paying for your car.