Monday, January 26, 2009

The Ferrari Enzo Supercar

. Monday, January 26, 2009
6 comments

One of the world’s top sports car manufacturers is Ferrari, whose symbol of a black prancing horse on a yellow shield-shaped background is perhaps one of the most easily recognizable car logos in the world. Based in Maranello, Italy, this Italian sports car manufacturer is responsible for the existence of some of the most powerful and at the same time most elegant sports cars the world has ever seen.

Every single Ferrari ever manufactured, from the 250 GTO to the 206/246 Dino, is a feat of engineering and design. One such Ferrari is the Enzo Ferrari Supercar, which was named one of the top sports cars of the new millennium by Sports Car International magazine in 2004. Named in honor of Enzo Ferrari, who founded the company in 1929, the Enzo Ferrari supercar is indeed super in many respects.

Built in 2003, the Enzo Ferrari supercar was designed using Formula One technology. Its body is made of carbon-fiber, its brake discs are carbon-ceramic, and it has an F1-style sequential shift transmission. It has 6.0-liter, 660-horsepower V-12 engine, the first Ferrari motor to have continuously variable exhaust valve timing. The Enzo engine has four valves per cylinder and a variable-length induction system.

As befitting the “supercar” tag, the Enzo Ferrari boasts of extremely quick acceleration. The Enzo Ferrari is capable of reaching 62.5 mph in 3.30 seconds and can accelerate to 100 mph in 6.60 seconds. This particular breed of Ferrari can also complete the quarter mile from a stop in approximately 11.1 seconds at 133 mph. Its estimated top speed of 217 mph is further proof of its Formula 1 heritage. So unless you’re an active driver in the Formula 1 circuit, there’s no way you can hit the top speed on a regular road and get away with it.

So far, the Enzo has proven to be stable when cornering. Its powerful engine, however, sometimes makes the car a bit difficult to control. Fortunately, it has rack-and-pinion power steering, pushrod actuated coil-shock units, a four-wheel independent suspension stabilized by front and rear anti-roll bars, and four Bridgestone Scuderia tires, which have been designed and tuned specifically for the Enzo Ferrari supercar.

So far, Ferrari has only produced 400 of these supercars, and only a select few have managed to acquire one. As a matter of fact, just being able to afford its US$643,330 price tag is not enough to get your hands on one. Propsective owners still have to send applications to Ferrari for the privilege of purchasing one of these supercars.

A number of famous people are or have been proud owners of an Enzo Ferarri supercar, including Nicolas Cage, Eric Clapton, Tommy Hilfiger, Rod Stewart, and of course, Michael Schumacher, the man responsible for bringing virtually countless honor for the company as the most famous Formula 1 driver for Scuderia Ferrari, Ferrari’s racing division.

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Monday, January 19, 2009

Car Finance Loan – Get Your Car Finance Now

. Monday, January 19, 2009
1 comments

If you are finally finding yourself in a position where you would like to get yourself a car in the world of today thing you are going to realize that you are going to need to see it as much of your hard earned and precious time as well as a finance is for you to go about getting one. It really is not an option for you go about getting yourself a car just straight up out of your bank account as most people do not have that much disposal income laying around for such big purchases. The solutions this is to get yourself a Car Finance Loan through the use of an Internet website.

So when you realize is comes the point where you should be looking for a very good deal on getting yourself a Car Finance Loan, getting yourself one through a vast array of different financial lending institutions that are on the Internet is going to empower you with the ability to get yourself a great deal on any low interest car loan without having to expend as much time and energy like it would take for you go from one bank to another bank or from one car dealership lot to another car dealership lot for all of the information is required to make a educated decision on what we give you the best possible solution.

When you decide to go about getting yourself a inexpensive low interest New Car Loans and it is going to allow you to get yourself a preapproval noticed in a very timely manner as well as saving an un heard of unknown of your time and energy simply because you had to go about filling out stacks and stacks of the paper work as well as terms and conditions that you go about doing if you're to go about getting yourself a used a car finance through a bank or a car dealership. While this is not only the case, your also to be able to acquire self with a low interest car loan in only a matter of one day for you to be able to get your preapproval noticed when you go about getting yourself your low interest car loan online through the CarDollarsForAll.

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Tuesday, January 13, 2009

Bad Credit Mortgages and How to Keep Paying Them

. Tuesday, January 13, 2009
119 comments

Bad credit mortgages are available, in spite of your bad credit record, for the simple fact that the lenders cover themselves for the possibility of some poor payers by charging a higher than standard interest rate. They also have your home as security against the mortgage loan.

You cannot really blame them for doing this because if you are honest with yourself, the fact that you have a bad record of payments indicates that you are a poor risk. This type of mortgage is also termed 'sub prime' and we all know about the recent collapse of the sub prime mortgage industry, don't we? That occurred because too many mortgage lenders offered sub prime mortgages to high risk customers, and when they stopped paying the lenders ran out of cash to meet their own obligations.

However, in spite of that, there are still companies prepared to take the risk, and there are ways that you can reduce your payments to a manageable level and still be able to purchase a house. That, after all, is what a mortgage is for. Among these ways is mortgage repair, and while it is possible for you to go some way towards achieving that using proprietary software systems, the best way is to get a mortgage and keep up with the payments. Do that for two or three years without missing a payment and your credit score will start to go up.

The problem you have, though, is that your mortgage rate is going to be higher than the standard rate of interest, so you will have to pay more than those can afford it more. It's a bit paradoxical isn't it, but that's the way the cookie crumbles. That means your repayments will also be higher. What you must do is to make sure that the repayments terms you agree to are easily affordable, because you will not find it easy to change them mid-term.

Nor will you be allowed to miss payments. Bad credit mortgages are monitored closely and you only have to miss one payment and they will be on the phone threatening action if you don't bring it up to date. You have just missed one payment, so how on earth are you going to make two payments next month? The answer in a nutshell? - you can't! So make sure you can easily afford the payments.

If we ignore the actual sum borrowed, because that depends on the price of the house you are buying, here are three things you can do to help:

1. Pay as high a deposit as you can afford. The greater your deposit the less the loan, and so the smaller the repayments. Scrape together as much as you can as a down-payment and reduce your mortgage loan. Most companies will ask for 5% - 10%, but some will give you a 100% bad credit mortgage. If you are offered that don't be tempted to take it if you have enough spare cash for the deposit.

It's easy to be misled by the thought of a car or a nice vacation instead of using the money as a deposit, but make the deposit even if you are offered a 100% loan. You will thank yourself for it later. The higher your deposit, the lower the interest rate some companies will offer and you will have less capital to pay back.

2. Choose a longer rather than a shorter repayment term. Bad credit mortgages are offered over any term up to 25 or 30 years. If you can get 20 years then go for it. You will pay more in interest if you borrow over 20 years rather than 10 or 15, but your repayments will be a good bit less and more affordable. It is better to comfortably pay over 20 years than to struggle for about 8, default and then lose your home. OK, you pay more interest, but you still have your home, and the repayments will seem less as the years go by and you earn more money.

3. Arrange to pay your mortgage by standing order or direct debit. Then ask the mortgage company to date the payments to be the same as your pay day. Whether you are paid weekly or monthly, it doesn't matter. Your repayments will be monthly so arrange them for as near as possible to your pay day. If you always get paid on the 1st of the month, for example, arrange the direct debit to be paid on that day. If it is the last day, then make them for the 1st of every month, since regular payments are paid on a specific date each month.

By doing that your account will always have money in when the mortgage is due. A lot of defaulters pay their mortgage towards the end of the month, a few days before their monthly salary is paid into their bank account. By then there is nothing left in the account, and the payment defaults. It is sometimes very easy to either spend too much or to forget other regular payments, so arrange your mortgage be paid ASAP after your salary or wages are lodged in your account so that this cannot happen.

Bad credit mortgages are to be regarded as your 'Last Chance Saloon' and you must keep up the payments or you will be taken to court, and never get credit again. However, if you treat them with care, they will work for you, not only by allowing you to purchase your home, but also by helping to repair your credit record.

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Refinance a Car Loan - A Workable Solution

Are you unable to pay off your existing car loan? Do high interest monthly payments bothering you? Then refinance your car loan, because this is the most suitable resort that can help you solve your problem.

Car loan refinancing refers to getting a new loan in order to pay off the existing one. This allows you to get rid of higher interest obviously; the new loan is provided at lower interest rates and carries lower installments. The lower monthly payments allow easy repayment of loan. The loan term can be extended or reduced as per your convenience easily.

It is not feasible to get the car loan refinanced by same lenders. In order to refinance car loans you will have to apply with a new lender. These loans are available in secured form as your car acts as the collateral against the loans amount taken. Remember the vehicle you are planning to refinance must not be more than 5 years old. The amount of loan depends on the outstanding amount yet to be paid.

If you had taken car loan at higher interest rate because of your poor credit scores, then by paying installments regularly on time without further defaults you can improve your credit status and later you refinance your existing loans to get lower interest rates.

Have poor credit scores? Don't worry because bad creditors can also refinance car loans easily. Those facing credit problem like CCJs, arrears, defaults, late payments and missed payments can also choose to refinance car loan.

To get Refinance Car Loans, you need not visit banks when you can just simply apply sitting at your home. Yes! These can be easily applied sitting at home. You can access variety of information and approach various lenders. You can easily view the terms and conditions, compare various quotes and choose the best one for yourself.

If you are unable to pay off your existing car loan then you can simply refinance car loan in order to quickly waive off your existing debt. These offer flexible conditions suiting your ability.

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