Wednesday, January 31, 2007

Ducati Recalls Sport Classic for Fuel Hose Problem

Here's a motorcycle recall from Ducati.

Ducati Models Affected:

2007 Sport Classic
2006 Sport Classic

Component: Fuel System, Gasoline: Delivery: Hoses, Lines/Piping, and Fittings

NHTSA Campaign ID: 07V017000 on January 16, 2007 affecting 817 motorcycles

Summary: On certain motorcycles, the fasteners from the fuel line to the fuel filler were not tightened properly. The fuel pump hose inside the fuel tank may separate from the fuel filter. This condition will stop the engine from running.

Consequence: If the engine stopped while the motorcycle was being driven, it could increase the risk of a crash.

Remedy: Dealers will replace the fuel pump to fuel filter hose and fasteners to prevent the engine from stopping. The manufacturer has not yet provided an owner notification schedule. Owners may contact Ducati at 1-800-424-9153.
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Hyosung Recalls 2006 GV650 for Handlebar Problem

Here's a motorcycle recall from Hyosung.

Hyosung Model Affected:

2006 GV650

Component: Steering: Wheel and Handle Bar

NHTSA Campaign ID: 07V015000 on December 29, 2006 affecting 862 motorcycles

Summary: On certain motorcycles equipped with Edward Park handlebars, the bolts retaining the handlebars are too short.

Consequence: These bolts could loosen causing a loss of steering control, increasing the risk of a crash.

Remedy: Dealers will replace the bolts. The manufacturer has not yet provided an owner notification schedule. Owners may contact Hyosung at 770-447-5571.
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Friday, January 5, 2007

Buy A Car With Bad Credit - When Is The Right Time To Purchase A Car?

Buy A Car With Bad Credit - When Is The Right Time To Purchase A Car?
If you are thinking about purchasing a new car with bad credit, timing is important. Sadly, millions of people are living with bad credit. Unfortunately, it takes time to improve or boost credit rating. Still, if you need to buy a new car, there are options. Before buying a car, carefully consider whether now is the right time.

Can You Buy a Car with Bad Credit?

Buying a new or used car with bad credit is very possible. Of course, there are some disadvantages. Because of a bad credit rating, many lenders consider bad credit applicants a huge risk. Thus, they are likely to increase the interest rate on the auto loan. This way, if and when a loan defaults, the auto lender is able to recover some of their money. Furthermore, some dealership will not approve a bad credit loan application unless there is a co-signer or down payment.

When is Buying a Car with Bad Credit a Good Idea?

If you are hoping to quickly improve your credit score, buying a car with bad credit is a wise move. Rebuilding or re-establishing credit is challenging. However, if you obtain an auto loan, and make regular payments, your credit will improve in as little as six months. Increasing your credit score opens the door for lower rates on future auto loans and credit account.

Because bad credit auto loans have higher interest rates, you must be in a position to afford higher monthly payments. If possible, finance a low amount. You may choose to buy an inexpensive car, or purchase the car with a sizeable down payment.

Purchasing a New Automobile after Bankruptcy or Repossession

If you experienced a recent bankruptcy or repossession, consider postponing buying a new car. A bankruptcy or repossession is extremely damaging. Hence, if financing a new vehicle, you may obtain an interest rate 18% or higher.

To avoid excessively high rates, consider rebuilding your credit first. You may apply for an unsecured credit card or store credit card. After 12 months of timely payments, your credit score will have likely improved. Make a habit of reviewing your personal credit report. Once your credit score has improved, now is the time to finance a new vehicle.

Thursday, January 4, 2007

Privacy Policy

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