How to Save for a New Car

When it comes to getting a car, it can be prohibitively expensive. This makes some sense, as cars are somewhat expensive to make, though I would argue not nearly as expensive as they are to buy. Businesses have to make a profit, but this is a bit of a stretch, especially considering how necessary an automobile is in this day and age. But, I digress. The point is that it’s costly to buy a car. And, yet you must. Financing a car is often a matter of receiving a loan, so it’s not all bad, assuming your credit is okay. However, you’re going to need to play your cards right in order to succeed at paying for a card, so here is some advice.

First and foremost, keep track of your payments. As stated above, you’re going to be spending a lot of money, either to pay for the car or paying back the loan you used to get the car. Therefore, you’re going to have a paper trail that you may need to reference in case of a mistake with one of your payments. You’ll want to keep track of every document pertinent to your car or loan payments. One great way to do this is have them laminated to increase their durability, as a laminated document is lest malleable and less prone to tearing, and you can each wash off the protective laminate if it gets dirty. Alternatively, using a service like Vistaprint can offer you a sturdier copy of your documents. Keeping these documents in a folder in a safe place is also a must. It’s worth noting that you can apply this advice to most financial recordkeeping for the utmost security should you need to prove something.

Next, you’ll want to find ways to save money. Saving money is crucial, because you won’t want to miss even a single payment, as you will end up paying more in the long run. Therefore, finding ways to cut costs elsewhere is a must. There are a wide variety of ways you can do this. For starters, search online for products you need to see if you can find them on sale or find a coupon to save on these items. The cost cutting offers are frequently employed by retailers to drum up some extra business, so an eagle eyed shopper stands to save a ton. Another way to save is by buying generic or off brand products, instead of the name brand. These off brand products are almost always just as good as, if not better than, the “Real thing,” so you’ll save money without sacrificing quality, in most cases. Results may vary, of course, but even trying and failing is worth it. What do you really have to lose?

UAW Shows Renewed Interest in Unionizing VW Chattanooga Factory

The United Auto Workers union is showing a renewed interest in unionizing the Volkswagen factory in Chattanooga. Frank Patta, the general secretary of VW’s Global Group Works Council, has said that his representatives will support the union. Patta cites political turmoil as the reason the group lost its previous election for representation, by a vote of 712 to 626.

However, the UAW agreed not to call for another election for at least a year after withdrawing their appeal, so organizing a union for the plant will be complicated. Workers could organize a works council on their own. If the workers decide to wait out the one-year period called for in the agreement made when dropping their appeal, they could try to organize separate portions of the plant.

Patta believes that the factory, which is one of the few Volkswagen factories without representation on the Global Group Works Council, will eventually get a seat. But if the first attempt is a show of what’s to come, it may prove to be a long and difficult process.

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Tennessee 32nd Most Expensive State to Own a Car

Did you know that where you live affects how much it will cost you to own your car? The cost of a car doesn’t end at the dealership. There are ongoing taxes, gas, and insurance. Depending on where you live in the United States, it affects how high your ownership cost can be.

The Most Expensive States

The top three most expensive states are Wyoming, California, and Georgia. Wyoming’s costs are high due to gas prices and bison. Frequent collisions with bison raise insurance rates. Californians pay high annual taxes for poorly-maintained roads. Georgia’s combination of taxes and high gas prices make it the most costly state to own a car. Oregonians have the lowest insurance costs. They pay no state sales tax, and don’t have to pump their own gas. This makes it the cheapest state in which to own a car. 

What about Tennessee?

Tennessee is the 32nd most expensive state, costing about $3000 per year.  That’s actually not too bad. You may not want to pack up and move based on this information, but it is good to keep in mind when you’re at the dealership eyeing your next car. Your outlay doesn’t end at the dealership.  It just gets started.

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Is Volkswagen Going to Expand Its Respected Tennessee Plant?

Though Volkswagen loves to point at its Chattanooga, Tennessee plant as a working example of efficient production and energy conservation, the German automaker refuses to answer questions as to whether or not the plant will produce VW’s new crossover SUV.

Tennesseans are hopeful that they will indeed be given the honor of making this new vehicle. In fact, they are so keen on getting the assignment that a whole gaggle of local officials made their ways to Wolfsburg, Germany to make their case at VW headquarters in early June. Industry observers believe that taking on the crossover will double the number of workers at the plant from 2,500 to 5,000. Currently, each year, the plant generates about $53 million in state and local taxes along with more than $643 million, according to a recent University of Tennessee study.  

Writing about the trip, Chattanooga Mayor Andy Berke said, “We are always looking for ways to work with them and encourage their growth in Chattanooga.” Jim Coppinger, the mayor of nearby Hamilton County, expressed similar thoughts when he said, “No doubt it takes incentives.”

Most believe that VW will make a decision in July.

Average Car Prices Increase $129

A recent report from the has indicated that the average price which consumers are paying to purchase new cars has risen by over $100 in the last month, primarily due to increased interest in cars with fully-loaded features. Additionally dealer incentives for these cars have decreased, resulting in the need for consumers to put up more of their own money to purchase new and used vehicles.

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Americans Getting Ahead On Their Car Loans

During the holiday season of 2012, which in the final quarter of the fiscal year is marked by consumer cutbacks, saw fewer Americans behind on their car payments. This signifies that the rate for late-payments of car loans has dropped; record lows for the annual level.
For some reason auto owners are taking their auto loans more seriously, putting them at the top of their priority in their budgets even when things get tight.
As consumers replace their older automobiles, a million more units are anticipated to be sold. Last year U.S. auto sales increased by 13.5%, to 14.5 million.

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New “Guns-in-Trunks” Law Being Passed in Tennessee

The senate in Tennessee has passed a vote 72-22 in favor of a new gun law. Permitted gun holders can take a firearm to work with them, as long as it is locked in the trunk of their vehicles. This new bill has been dubbed “Guns-In-Trunks” and is awaiting the Governors approval.

Safe Driving Course Comes To Hardin Valley Academy

Teen fatalities in automobile accidents throughout the U.S. rose last year by 19 percent, with


and Indiana tied for the largest increase. State Farm Insurance agent Mike Lewis helped design and implement a successful teen driving course in North Carolina. That program is coming to the Hardin Valley Academy, in Knoxville, beginning March 9th. The need for improved driving skills, and reduced susceptibility to distractions, is obvious, and those are among the goals of the Lewis’ Street Safe driving course. The course fee is $55, and it’s open to all students; apply on-line at “”

East Tennessee Vehicle Thefts Increasing

Tennessee law enforcement agencies warn citizens of the dramatic increase in stolen cars since December in East Tennessee. The cars are being stolen for their scrap metal value. Tennessee scrap metal businesses are checking vehicle identification and taking fingerprints for law enforcement agencies. Scrap metal businesses are required to hold vehicles for three days before crushing.

New TN Epidemic: Scrapyard Pawn Shops

A new kind of criminal is emerging these days in Tennessee, using scrap yards as easy game for making a quick buck on salvaging cars. Only problem is, the cars belong to someone else. They are stolen, towed right from your yard or a parking lot. In this most recent case, the vehicle was left on the highway until the owner could come back for it, only to come back to nothing.