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Fight Your Bad Credit Score to Earn Your Dream Car

Life is way too short for a bad credit score

Let your car dreams soar!

There are smaller things in life you never really care to enquire about. And why would you? There is so much going on in the world. Especially when you want to buy a car, you are so occupied with the selection of the car’s model; your eye gives credit score a miss. Don’t ignore your score because it might be the only reason you still don’t own the car. Start to improve your score today and earn your dream car!

It is not a perfect world in which you can easily buy your dream car with cash. You need an auto loan to buy a car. Your credit score will ascertain your chances of getting an auto loan. A bad credit score may pose as a challenge but do not worry. It is a temporary issue. Don’t put your car dreams at rest. Allow it to soar.

If Not Now, When?

Your credit score is important. And you may not notice how much a bad credit score can affect your dreams until it’s too late. Don’t wait for the time to teach you the importance of score.

The sooner you begin fixing your score, the better it will be for you. So get your plan together and get to work. It will take some time and effort but having a good credit score is now possible.

· Check your Credit Reports

Check your credit reports with all the major credit bureaus. It will enable you to see any errors which might prevent the lender from giving you the best interest rates. If you spot any error, dispute it and have the item removed from your credit report.

· Stick to your Budget

Work out the math. You know what you make and how much it costs to keep up with your regular bills and expenses. You also need to set aside money for making regular payments towards your auto loan. Making late payments can hurt your score. Reduce expenses so that you do not have any problems in managing the auto loan.

· Use Credit to build Credit

The best way to build a good credit score is to apply for an auto loan and pay it back on time. Purchase your next vehicle with the help of a bad credit auto loan. There are special lenders who look at factors beyond your score in order to approve your auto loan request. Once you buy your car, you can make timely payments to boost your score.

Remember that your score needs time to improve. So, it is better to get started now. Let today be the day to fight your bad credit score. With time, your score will heal and you will be the owner of your dream car.



Source by Kaitlin Miller

Your First Car Loan Will Help You to Build Your Credit Score

Buying your first car is an exciting experience. But, to buy your first car, you need to apply for your first car loan. And for getting the loan, you need a good credit score. But, what if you have zero credit score? Don’t worry. You can approach the lenders who help first time buyers. With the help of a specialized lender, you can buy your first car. And, by making timely payments, your credit score will improve as well. It’s like killing two birds with one stone!

Car Shopping Tips for First Time Car Buyers

· Consider your Lifestyle

The car market is a vibrant market with several options. A different car is available for each income group. If you are confused about choosing a car, your lifestyle will help you in defining your car. Do you need a fuel-efficient vehicle or a vehicle that has backseat space for the kids? The choice remains with you.

· List down the Car Models

Make a list of car models based on your requirement and budget. Which type of car pleases you and your family? Is it a sedan, a hatchback or an SUV? You should take into consideration various factors such as family size, utility, road conditions etc. before making a decision.

· Prepare a Budget

Inspect all your financial resources to calculate your budget. The price of the car isn’t the only cost that you need to consider. You need to remember different costs such as insurance, fuel, maintenance and loan payments.

· Apply for your First Car Loan

Shop around for the best interest rate. First car loans are available at banks and dealerships. And, due to competition in the financial market, the interest rates are quite low. Thus, affordable interest rates will make becoming a car owner affordable for you.

Look ahead: How to get your First Car Loan and improve your Credit Score?

When you are buying a car for the first time, you may explore various financing options. As you are a first time buyer, you are likely to have zero credit score. Therefore, qualifying for your first car loan can be difficult. But, there are a few things which will help you in buying your first car.

· Pay a large down payment to the dealer. It will enable you in obtaining the best interest rate. As a result, your monthly payments will become manageable.

· Using a co-signer will significantly increase your chances of getting approval. The creditworthiness of the co-signer will help you in buying your first car.

· Search for specialized lenders. There are people who provide loans even when you have bad credit history or zero credit score. Compare various financing options available to you and choose the right one!

· If you are loan application is approved, make timely payments because it will help you in building your credit score.

When you are a first time buyer, buying a car can be an uncertain process. And, trying to obtain your first car loan will contribute to the feeling of uncertainty. But, when you are persistent, nothing is impossible. Shop for your first car loan today and buy your first car. It will provide you the opportunity to build your credit score.



Source by Rock Watson

Affording Veterinary Care for Your Pet

Americans have many things in common. We love our freedom, we love sports, we love food and we love our pets. For our grandparents pets were simple livestock. When they got sick they would die and dad would get a new one. There were no trips to the vet and there were not expensive medical bills. Things have changed. Pets are no longer livestock they are beloved members of the family. They no longer sleep outside, in a barn or in a dog house. Our pets do not only sleep in our home but they sleep in our beds with us.

Along with this love for our new four legged family members comes huge responsibility. Responsibility to see our pet goes to school and gets training. To make sure he or she is on a good diet and most important to make sure or pet gets proper medical care.

Medical care for pets has grown by leaps and bounds in the last fifty years. We not only vaccinate out pets every year, but we get them spayed or neutered at a young age to prevent unplanned pregnancy. We even take our pets in for yearly teeth cleanings.

According to an A.V.M.A. study in 2007 37 percent of households own dogs and 32% own cats. The percentage for other pets such as birds, snakes, pocket pets and horses is much lower. For those of us that do own pets a lesson we all must learn is how expensive pet ownership can be. A large portion of that expense is medical treatment of our pets.

In 2007 Americans spent over 115 million dollars on veterinary expenditures. The average pet owner spends over $300 per year on medical expenses for each pet they own. Now this number is an average. So you may spend much less than that for a few years but that simply means a large vet bill is coming down the road. You may also have one pet that never seems to have any medical problems and is very inexpensive and then the next pet you have will have many problems and bring that average back up with higher vet bills.

The bad news is those high vet bills are only going to get higher. Every day drug companies come out with newer, better and more expensive medications, equipment, suture, tools and just about everything you see in the hospital. Every year the government comes out with new and inventive ways to tax animal hospitals. In Los Angeles CA the city charges hospitals a yearly fee for every x-ray machine they have, every lab machine they have, for being a medical waste generator, etc. OSHA has all kinds of inventive ways to charge hospitals. All of those charges, taxes and fees get passed on to you consumer in your pets medical bills.

So the question is how do you the loving pet owner prepare for this financial burden. Well there are three things you need to do.

1. Open a savings account and deposit $25.00 per month per pet in the account. I recommend you do this for at least one year before getting your pet that way day one of pet ownership you already have money in your account.

2. Open a Care Credit account. Care credit is a company that allows you to make payments on your veterinary bills. Most Animal hospitals no longer do any type of billing. But a large percentage of hospitals do accept care credit.

3. Apply for pet insurance. There are many companies that sell pet insurance. VPI is one of the oldest and most common. The downfall of pet insurance is they do not pay the Veterinary hospital l directly. This means you must pay the hospital up front and then mail in your receipt to the pet insurance company and be reimbursed. Most years the pet insurance will seem like a break even or maybe even a loss. But it only takes one large vet bill of $2000, $3000 or more to make the insurance worthwhile.

For some people doing all three of these may be overkill. If you already have a large savings account then you may not need to open a second one for your pet. But if you do not have a large savings account then I highly recommend it.

If you already have credit cards with a low balance and a high limit then you may not need care credit. But if you do not then I would apply today. Carecredit.com

I recommend pet insurance for everyone. I don’t care about your bank account or your credit cards. If you have pet insurance and something horrible happens to your pet then you do not have to put a price tag on your pet’s life. I meet people every day that had pet insurance for a few years and canceled it because they thought it was a break even or they were losing money. Normally they are telling me this because something horrible has happened and they are starring at an estimate with to many zeros and they wish they still had the insurance.



Source by William Oleary

Ways to Pay For Nursing Home Care

The easiest way to pay for nursing home care for an elderly or disabled family member is also the hardest. You write the monthly check. It hurts because the average yearly cost is now $70,128.

Before writing a check, it makes sense to talk with a knowledgeable attorney or accountant so that your family does not overlook tax deductions or available benefits. For example, if you pay more than 50% of the support for a relative who meets certain gross income guidelines, then you may claim the relative as a dependent on your own federal tax return. You might also qualify for the dependent care credit which is available for a dependent parent who needs full time attention.

The I.R.S. also permits a tax deduction for qualified long term care services. Many of the costs incurred in a nursing home can qualify for the medical expense deduction under a proper plan as long as it is set up by a licensed healthcare practitioner.

Medical expenses can be claimed as itemized deductions, so long as they exceed 7.5% of adjusted gross income. Qualified health insurance premiums, long term care service and other eligible medical expenses can be added together to meet this cutoff. If you pay nursing home costs for a parent or disabled family member, it is important to consider this deduction.

Many people turn to Medicaid to write the check for nursing home care. The program is jointly funded by the states and the U.S. government. The first hurdle is that your family member must have a medical reason to be in a nursing home. It is not a housing program. The next hurdles are the income and asset guidelines. The single person guidelines for Medicaid limit assets to $2,000 in the bank, possibly a car, some personal property and a prepaid funeral account. The rules are more generous for spouses. A spouse can keep approximately $100,000 in assets and the family home. If any assets were given away within five years prior to applying, those transfers may block your family member from eligibility. The guidelines do vary from state to state.

Considering that some government statistics predict that 50% of U.S. population will spend at least some time in a nursing home, it is a good idea to consider long term care insurance. Our average stay is 11 months. Long term care insurance policies have many different features, including daily benefits, elimination period, inflation riders and benefit length limits. Two good starting points are to be sure that any policy you purchase is tax qualified and that the insurance company is sound. Since long term care insurance is a new product and the companies have had limited claims losses, it tends to be reasonably priced.

The United States Veterans Administration is another possible source of nursing home care. The U.S. Veterans Administration maintains about 115 nursing care facilities. That is a very small number to house all of our veterans. They have about 300 beds each and there is some availability for spouses of veterans, surviving spouses and certain eligible parents, such as Gold Star mothers.

Medicare is another checkbook but its funds are very limited. It doesn’t come out until a patient spends three days in a hospital and is prescribed to a nursing home by a doctor for “skilled nursing care.” After 21 days you have to write checks for a significant co-pay of $128 per day. A medi-gap policy can cover this but your own checkbook comes out again for full pay after 100 days.

It pays to plan and consult ahead and long term care insurance may be a bargain in the long run.

Joseph M. Hoffmann, Esq. is an attorney in Newton, who helps clients with trusts, estate planning, Wills and related transactions.



Source by Joseph M. Hoffmann, Esq

Top 10 IRS Tax Deductions and Tax Credits in 2011

The 2012 April tax season that accounts for the 2011 tax year may seem far and most taxpayers may not be overly concerned with their taxes at the moment. However, being conscious of tax matters as the year goes by ensures that you not only have a smooth tax time as you draw close to the next tax season, but also capitalize on the available tax opportunities. The major way in which taxpayers get tax savings from their returns is through tax credits and tax deductions. Below are 10 of the most common tax deductions and credits that you may qualify for in the 2011 tax year.

1. Charity Donations

Donations are the easiest and one of the most common tax relief. The tax code allows for a tax deduction of donations made to any qualifying tax-exempt organization. In 2011, the IRS released a list of the organizations that had lost their tax exempt status due to non compliance with various regulations. A taxpayer therefore, needs to verify that an organization is qualified as tax exempt to be able to qualify for the tax deduction. For donations above $250.00, you will need an acknowledgment from the organization that you have donated to as support documentation for the tax deduction. For non-cash contributions above $500.00, you will need to file Form 8283, “Non-cash Charitable Contributions Form”. Non-cash items that are above a given threshold will also require a valuation from a qualified appraiser.

2. Child Care Tax Credit

The Child Care Credit is given to parents or guardians who spend money to have their children or qualifying dependents taken care of while they are out working. The credit can be claimed for regular child care or even for a summer day-camp. The amount to claim depends on one’s income and the number of children. The allowed credit ranges from 20% to 35% of one’s income. The credit also has an annual cap of $3,000.00 for a single child and $6,000.00 for more than one child.

3. Mortgage Interest

The mortgage interest deduction allows homeowners who are paying for a mortgage to claim a deduction on the mortgage interest paid on their primary residence and qualifying second home. Various rules govern the qualification of primary residence and second home and you will need to ensure that your homes qualify before deducting these expenses. Besides mortgage interest, you can also deduct the real estate taxes paid on non-business property.

4. Medical Expenses

Various medical expenses can be tax deductible for taxpayers who choose to itemize their deductions. The qualifying deductions are subject to a threshold of the excess of 7.5% of one’s Adjusted Gross Income. The expenses include travel related to medical care, out-of-pocket medical expenses, and health insurance premiums. For out-of-pocket expenses, there are various items that qualify and you can get a comprehensive list of qualifying medical expenses from the IRS website.

5. Health Savings Account

Contributions to a Health Savings Account (HSA) are also tax deductible. However, the HSA must be a qualify one for the tax deduction. Interests earned from the account are also not taxable. However, for a HSA to qualify, it must be a high-deductible health plan.

6. Work Related Expenses

There are various work related expenses that are tax deductible. Various training expenses, business travel (excluding travel from home to the office), qualifying work uniforms and work clothing, and qualifying entertainment expenses for potential clients are tax deductible, subject to various IRS rules. These expenses only qualify for deductions if they were not reimbursed by the employer.

7. Home Offices

For people who work from their homes, they can deduct various home expenses that are related to their home office. You will need to determine and apportion the home expenses that are attributed to the home office to deduct the costs. The expenses include rent, insurance, mortgage, repairs and maintenance, other related utilities, and depreciation.

8. Qualifying Retirement Savings

Contributions to various qualifying retirement accounts such as 401(k) accounts and IRAs are also tax deductible. For the 2011 tax year, the cap on the contributions to these retirement accounts is $16,500.00. For senior citizens above the age of 50, the tax exempt limit goes up to $37,500.00.

9. Education Expenses

The tax code also allows for tax deduction of various education-related expenses. For the 2011 tax year, there is a cap of $4,000.00 for deductions on tuition-related expenses. You can also claim the American Opportunity Tax Credit if you qualify for it.

10. Student Loans

Interest paid on student loans is also tax deductible subject to an annual cap of $2,500.00. This applies only to the interest and not the principal. However, to qualify for this tax deduction, you must be earning an income of less than $70,000.00 for single taxpayers or $145,000.00 for married taxpayers who file their taxes jointly.



Source by Rob L Daniel

Avoid Future Tax Debt With These Deductions

If you’re struggling with tax debt, it could be for a variety of reasons. Sometimes, it’s an honest mistake that wasn’t caught by you or a CPA, but found by the IRS instead, that lands you in a bad situation. In other cases, tax debt may fall upon your shoulders because of difficult financial circumstances.

However, nothing is worse than facing a challenging tax debt burden when you could have deducted many expenses, and lightened your burden from the beginning! Don’t let this be your story this time around! Know about these major deductions, and you won’t have to be going through the debt negotiation process with the IRS.

Essential Knowledge

Talk to a trusted CPA or tax attorney to be sure you get all of the deductions that apply to you. However, this list should give you a few things to consider before you pay your CPA a visit. You might qualify for receiving these deductions:

  • Disaster Relief Area. Do you live in an area that was declared a natural disaster area at any point during the tax year? If you do (or if you have property in such an area), you may be eligible to receive a federal tax deduction for any damages endured.
  • Health insurance premiums. If you’re paying your own health insurance premiums, then they aren’t being automatically deducted – a benefit that your W2 friends already enjoy. For independent contractors, deducting these premiums is especially important!
  • Education Expenses. Are you paying student loans? If so, did you know that the insurance you pay on those loans can be deducted in your federal income tax? And, that’s not all! There are plenty of other deductions related to student loans and education expenses that you can deduct. Talk with your CPA to find out more!
  • Child/Dependent Care Credit. This one isn’t even a deduction… it’s a credit – even better! While a deduction is money you don’t pay taxes on, a credit is money in the pocket. You might be eligible for this credit
  • IRA Deductions. If you are planning for your retirement by making payments into an IRA account, your benefits are two-fold. One, you have savings for the future, two, you don’t have to pay taxes on that money right now! You can deduct up to $5,000 per year this way. The ceiling on that figure only rises for those over 60.

Taking advantage of all the tax deductions you can greatly reduces the chances of having to go through debt negotiation with the IRS anytime in the future! After all, the more deductions you have, the fewer taxes you pay, and the less chance you’ll incur any tax debt!



Source by Chris Marvin Lee

Keys to Getting the Most Tax Savings From Taking Care of Your Parents or Spouse

Claiming a Tax Deduction for Medical and Dental Expenses

To understand what you can claim as a tax deduction, it is important to first understand what is deemed a medical expense through the eyes of the IRS. Medical expenses are the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and the costs for treatments, or prevention of disease, and the costs for treatments affecting any part or function of the body. These expenses include payments for legal medical services rendered by physicians, surgeons, dentists, and other medical practitioners. They also include the costs of equipment, supplies, and diagnostic devices needed for these purposes.

Medical expenses must be primarily to alleviate or prevent a physical or mental defect or illness. They do not include expenses that are merely beneficial to general health, such as vitamins or a vacation. Medical expenses include premiums you pay for insurance that covers the expenses of medical care, and the amounts you pay for transportation to get medical care. Medical expenses also include amounts paid for qualified long-term care services and limited amounts paid for any qualified long-term care insurance contract.

Your medical expenses may save you money at tax time, but a few key rules apply. Here are some tax tips to help you determine if you can claim a tax deduction:

  • You must itemize. You can only claim your medical expenses that you paid for in 2014 if you itemize deductions on your federal tax return. If you take the standard deduction, you can’t claim these expenses.
  • AGI threshold. You include all the qualified medical costs that you paid for during the year. However, you can only deduct the amount that is more than 10 percent of your adjusted gross income.
  • Temporary threshold for age 65. If you or your spouse is age 65 or older, the AGI threshold is 7.5 percent of your AGI. This exception applies through Dec. 31, 2016.
  • Costs to include. You can include most medical and dental costs that you paid for yourself, your spouse and your dependents. Exceptions and special rules apply. Costs reimbursed by insurance or other sources do not qualify for a deduction.
  • Expenses that qualify. You can include the costs of diagnosing, treating, easing or preventing disease. The costs you pay for prescription drugs and insulin qualify. The costs you pay for insurance premiums for policies that cover medical care qualify. Some long-term care insurance costs also qualify. For more examples of costs you can and can’t deduct, see IRS Publication 502 for Medical and Dental Expenses.
  • Travel costs count. You may be able to claim travel costs you pay for medical care. This includes costs such as public transportation, ambulance service, tolls and parking fees. If you use your car, you can deduct either the actual costs or the standard mileage rate for medical travel. The rate is 23.5 cents per mile for 2014.
  • No double benefit. You can’t claim a tax deduction for medical expenses you paid for with funds from your Health Savings Accounts or Flexible Spending Arrangements. Amounts paid with funds from those plans are usually tax-free. This rule prevents two tax benefits for the same expense

One Important Note for the “Sandwich Generation”

The Cost of Adult Day Care be a medical expense deduction or a credit

Adult daycare qualifies as a deductible medical expense. To claim the credit either way, you need the provider’s tax identification number, as well as an accurate total for adult daycare expenses paid during the tax year. If you pay daycare expenses for an adult dependent or a spouse who is physically or mentally unable to care for himself, you can claim a dependent care credit on your taxes. You can claim up to 35 percent of adult daycare costs for one dependent, as long as expenses are no more than $3,000. If you paid more than $3,000, you qualify for a credit of up to 35 percent of $3,000 ($1,050). The actual credit percentage depends on your adjusted gross income.

To qualify you for the credit, the dependent must have resided with you at least half of the tax year. You can also claim the credit if you pay daycare expenses for an individual who lives with you but earns too much money to qualify as a dependent, files a joint return or qualifies as the dependent of another taxpayer. The credit only applies if you need daycare so that you can work.

If you have a spouse or an adult dependent who is disabled, you can count daycare expense as either a dependent care credit or a medical expense deduction. The choice is yours; you just can’t use the same expense for both the credit and the deduction, according to the IRS. If you qualify for either, compare the options to determine which is more beneficial. If you pay $3,000 for care and qualify for a 20 percent tax credit, you reduce your tax burden by $600. On the other hand, you can only deduct medical expenses in excess of 7.5 percent of your adjusted gross income. If you earned $50,000 during the tax year, you don’t get to claim the first $3,750 in medical expenses, so you wouldn’t get a deduction, in this example.

To qualify for the maximum 35 percent deduction, your adjusted gross income must be $15,000 or less. The percentage decreases as adjusted gross income increases, bottoming out at 20 percent for an adjusted gross income of more than $43,000. You must file a joint return if you’re married in order to qualify for the credit.



Source by Charles E Stevens

Small Business Health Care Tax Credit

We would like to let small businesses know how to reduce their health insurance costs with this employer health care credit. This tax credit is available to certain small businesses that provide health insurance coverage to their employees. The credit is designed to assist small businesses that employ low and moderate income workers.

For tax years beginning after 2014, the amount of the credit is generally 50% of the employer’s non-elective contributions. Health insurance premiums paid with employer-provided credits/benefits that employees can elect to receive as cash or other taxable benefit are not eligible. Basically, only premiums paid directly by the employer.

The credit amount is subject to reductions and requirements.

An eligible small employer has to meet all of the following requirements:

(1) The employer can’t have more than 25 full-time equivalent employees (FTEs) for the tax year. An employer’s FTEs are determined by dividing the total hours worked by all employees during the year by 2,080 (rounded down to the nearest whole number).

(2) The average annual wages of the employees can’t exceed $50,800 in tax years beginning in 2014. Average annual wages are established by taking total wages paid by the employer divided by the number of its FTEs and then rounding that number down to the nearest $1,000.

(3) The employer has to contribute at least 50% of the premiums for the employees’ health insurance coverage on a uniform basis.

The amount of the credit is reduced when the number of FTEs starts to exceed ten or the average annual wages goes above $25,400 in 2014. An illustration of the credit reduction is beyond the scope of this article. Notice 2010-82 can be found at http://www.irs.gov This notice provides guidance that a curious small business owner can read to learn more about the details of this credit.

For purposes of the credit, self-employed individuals, including partners and sole proprietors, 2% shareholders of an S corporation, and 5% owners of the employer and certain relatives of these individuals are not treated as employees for purposes of the small employer health insurance credit.

Additionally to qualify for the tax credit, the small business must purchase coverage through a small business health options program exchange (SHOP Exchange). The credit is only available for a maximum period of two consecutive years.

Calculating the employer health care credit can be cumbersome, we use an Excel template to calculate the credit. This makes the calculation easier to complete when preparing the tax return for the second year. We often can provide practical tips over the phone for calculating the tax credit. Contact us for help or advice on employer health care credits or any other tax issues. Any tax advice in this communication is not intended or written to be used, and cannot be used, by a client or any other person or entity for the purpose of (i) avoiding penalties that may be imposed on any taxpayer or (ii) promoting, marketing or recommending to another party any matters addressed herein.



Source by Peter D. Rudolph

Gymkhana has taken his buddies to some unusual locations.

Gymkhana has taken Ken Block and his mates to some unusual locations — FranceEngland and Buffalo, New York, to call a number of. Over the previous decade, and corresponding 10 movies, Block’s collection has developed naturally, however explosively, with every video making an attempt to outdo its predecessor with extra jumps, crazier automobiles, extra unique areas, and sharper driving.

Wanting again at “Gymkhana Nine: Raw Industrial Playground,” it’s apparent Block and the Hoonigan staff must transcend the scope of a standard Gymkhana video to get near the extent of one-upmanship required in a successive Gymkhana video. And it does.

The brand new video is a part of an eight-episode Amazon Prime collection that paperwork not solely the creation of the video but additionally offers insights into the lifetime of its star. Within the collection, which finally crescendos with an early launch of “Gymkhana 10,” we get to see Block’s struggles together with his World Rallycross staff, the issues his work ethic has on his dwelling life and the frustration that’s usually missed in his extremely polished viral driving epics.

The video is cut up over 5 filming areas: Sweden, Mexico, Detroit, Los Angeles and a piece of Route 66 that runs by means of Shamrock, Texas. Because the video is spanning the globe, it won’t be a shock that every locale will get its personal automobile. The same old suspects are right here — Block’s Hoonicorn thrashes round Detroit, his Ford Focus RS RX drifts by means of Mexico and a WRC-spec Fiesta hoons in Sweden. There are two new additions to the Gymkhana roster: the Hoonitruck, a 1977 Ford F-150 powered by a 3.5-liter EcoBoost V6, and a 1991 Ford Cosworth RS. Yes, that Cosworth. 

Ken Block ranks his favorite Gymkhana stunts

CAR LIFE

Ken Block ranks his favorite Gymkhana stunts

The parents behind the Gymkhana collection — Hoonigan — are gearing as much as launch the tenth installment within the wildly profitable collection. Forward of Gymkhana 10, Ken Block acquired in the entrance of a digicam and ranked …

That is the longest of the Gymkhanas, with over 17 minutes of insane stunt driving and tire decimation. It’s additionally filled with a movie star — and attainable future movie star  — company like Rob Dyrdek, Aaron Kaufman and a 16-year-old Oliver Solberg (the son of Rally legend Petter Solberg). In commonplace Gymkhana trend, these movie star cameos come off as refined and comical as a substitute of heavy-handed and compelled.

The driving is a few of Block’s greatest, together with his automobile management wanting higher than ever. Clearly, the selection cuts of a number of takes had been used from the filming classes (as proven within the Amazon Prime collection), however, even the outtakes that weren’t used presently that Block can nonetheless throw down behind the wheel. The jumps had been milder than, say, Block’s journey to San Francisco earlier in his profession, however, had been made up for with quantity.

Without spoiling an excessive amount of, it’s secure to say that the one downside I had with “Gymnasium 10” was the looming bittersweet feeling felt all through the video. Watching the Amazon Prime collection solely made that extra obvious because the Hoonigan crew overtly talked about how a lot these movies have been part of their lives over the previous decade. That is the grand finale. Sort of.

We rate all nine Gymkhana rally videos

PEOPLE

All of Ken Block’s Gymkhana videos, ranked

In the event you can consider it, we’re now arising on 10 years of tire-smoking, rally-jumping, super-slow-motion Ken Block Gymkhana movies. Gymkhana Observe, unofficially the primary video, hit YouTube …

Block talks about how he’ll nonetheless be making viral driving movies however that he’s simply altering. There shall be one other Climbkhana on the horizon. And Block most likely received cease racing, both. So, we will say goodbye to Gymkhana after a decade, however, we will nonetheless anticipate extra from No. 43.

Regardless of it not being obtainable on YouTube till Dec. 17, of us who watched Amazon’s “Gymkhana Recordsdata” have been in a position to watch it since Dec. 7. Meaning in case you’ve acquired Amazon Prime for the vacations — to benefit from these transport offers, in fact — you may watch your complete “Gymkhana Recordsdata” present and watch “Gymkhana 10.” In the event you don’t and are too sensible to get suckered right into a free trial, you’ll be capable to watch it on YouTube earlier than later. In order for you a visible style, try the teaser video above.

GM battles federal authorities to retain tax credit score for electrical automobiles

WASHINGTON — Basic Motors is preventing to retain a priceless tax credit score for electrical automobiles because the nation’s largest automaker tries to cope with the political fallout triggered by its plans to shutter a number of U.S. factories and shed 1000’s of staff.

Preserving the $7,500 tax incentive for patrons is essential for GM as the corporate pivots from inner combustion engines in favor of constructing automobiles powered by batteries or hydrogen gasoline cells. But the layoffs and plant closings may imperil GM’s push to maintain the inducement. It helps make plug-ins such because of the $36,000 Chevy Bolt extra inexpensive at a time when competitors from different electrical car makers is heating up.

GM faces opposition from President Donald Trump and different Republicans who think about the credit score a waste of taxpayer cash and need it eradicated. Trump, who has pledged a producing rebirth within the Midwest, reacted angrily to GM’s “transformation ” announcement late final month, declaring that his administration was “taking a look at slicing all GM subsidies, together with for electric automobiles.”

The corporate already is on the verge of being phased out of the tax credit score program until Congress modifications a regulation that caps the break at 200,000 automobiles per producer. Without the inducement, GM could also be pressured to chop the value of its electrical automobiles to maintain potential prospects from taking their enterprise elsewhere, in line with automotive trade consultants.

As proof of the credit score’s significance to GM’s future, the automaker has expanded its lobbying footprint in Washington and even joined forces with two rivals, Tesla and Nissan, to name for 200,000-vehicle restrict to be scrapped.

Standing in the best way of that aim is Sen. John Barrasso, R-Wyo., the chairman of the Senate Surroundings and Public Works Committee. Barrasso launched laws in October to abolish the tax credit score, a transfer he stated would save about $20 billion over the subsequent 10 years. He has argued the marketplace for electrical automobiles is already established and “now not wants the crutch of presidency help.”

“The thought of the subsidies needed to do with making an attempt to ensure that electrical automobiles could be a viable expertise,” Barrasso stated. “Properly, that is clearly there.”

Nonetheless, federal and state governments do spend a number of billions annually subsidizing the established applied sciences of the coal, oil and fuel industries. The subsidies are so quite a few that estimates of the full differ extensively, however by some accounts the annual outlay is equal to what Barrosso says would be saved in a decade on EV credit.

The tax credit score got here up briefly throughout a personal assembly on Wednesday between Ohio’s senators, Republican Rob Portman and Democrat Sherrod Brown, and GM chief government Mary Barra, in line with a congressional aide aware of the dialog. As a part of the restructuring, GM stated it can cease making the Chevy Cruze at its Lordstown, Ohio, plant by March and is contemplating closing the plant for good.

Portman advised Barra that it is troublesome to assist with priorities akin to the electric car credit score when GM is transferring manufacturing out of Ohio, in line with the aide, who was not licensed to publicly talk about the personal dialog and spoke on the situation of anonymity.

One of many lobbyists working to salvage the credit score for GM is Kent Hance, a former chancellor of Texas Tech College who’s effectively related in GOP circles, in line with his online profile. Hance lists his function as a fundraiser for the campaigns of outgoing Home Speaker Paul Ryan, R-Wis., Senate Majority Chief Mitch McConnell, R-Ky., Home Majority Chief Kevin McCarthy, R-Calif., and others. He has identified Rick Perry, the vitality secretary, and former Texas governor, for almost 30 years.

GM in early August named a former Trump White Home official, Everett Eissenstat, its senior vice chairman for world public coverage, a put up that oversees the corporate’s lobbying operations. Eissenstat, nonetheless, is just not registered as a lobbyist, in line with disclosure information filed with Congress. Earlier than coming to GM, he was Trump’s deputy assistant for worldwide financial affairs.

Beneath federal regulation, the $7,500 credit score for patrons begins to section out after a producer has offered 200,000 qualifying electrical automobiles. GM has estimated it can hit that threshold by the top of December, simply because the Bolt might be going through new and doubtlessly stiff competitors.

Sam Abuelsamid, a senior analyst at Navigant Analysis, stated Hyundai and Kia every might be promoting compact SUVs within the U.S. starting early subsequent yr that my journey 240 miles on a single battery cost, about the identical because of the Bolt. Ford might be launching quite a lot of new plug-in hybrid fashions in 2019, together with the Lincoln Aviator, Explorer and Escape.

“With the intensifying market shift away from automobiles to utility automobiles all of those are anticipated to be extra common than the Bolt,” Abuelsamid stated. To stay aggressive towards the brand new entries, “GM will doubtless have to chop the (retail worth) of the Bolt in addition to any further EVs they launch subsequent yr by the corresponding discount within the tax credit,” he stated.

Karl Brauer, government writer of Autotrader and Kelley Blue E-book, stated the credit score is “massively vital” to electrical car producers. Reducing the up-front value of the car sometimes performs a major function in gross sales, he stated, citing surveys that present extra customers would purchase electrical automobiles if the automobiles have been affordably priced.

GM joined forces with Tesla and Nissan in addition to a number of clients and environmental teams to broaden its lobbying push even additional. The EV Drive Coalition, which was launched in November, urged lawmakers in an open letter final week to place a provision within the must-pass authorities spending invoice that does away with the 200,000-car restrict.

“Eliminating the per-manufacturer cap will stage the taking part in the area for all EV producers and spur innovation amongst home producers, guaranteeing America’s management within the hyper-competitive, world auto market,” the coalition stated.

Jeannine Ginivan, a GM spokeswoman, stated the tax credit score ought to be modified however declined to say whether or not the automaker backs a selected piece of laws that might take away the cap.

“We imagine an vital a part of reaching a zero emissions future and establishing the U.S. because the chief in electrification is to proceed to offer a federal tax credit score to assist make electrical automobiles extra inexpensive for all prospects,” Ginivan stated in an electronic mail.

Along with GM’s in-house lobbyists, 4 lobbyists from Hance Scarborough, the Austin, Texas-based agency that Hance based in 1994, are engaged on GM’s behalf, together with Hance, in line with disclosure information.

GM additionally contracted with two different lobbying corporations earlier this yr to concentrate on electrical and automatic car points: the Polaris-Hutton Group and the DS2 Group. A fourth agency, the S-Three Group, was employed by GM in 2014 and earlier this yr added the tax credit score to its portfolio of lobbying points.

Widespread Used Automotive Shopping for Scams and The right way to Keep away from Them

There are a number of ways in which used automotive scammers are robbing victims of their hard-earned cash. Examine the most well-liked used automotive scams, and methods to keep away from them.

Most individuals are conscious of the significance of transportation, and having your individual automotive makes it simpler to get from level A to level B. However having a automotive means shopping for a automotive, which makes it simpler for scammers to rob cash from harmless victims – particularly those that are buying used vehicles.

This information takes a take a look at generally used automotive shopping for scams and methods to keep away from them. We’ve gathered enter from varied specialists, together with the Federal Commerce Fee, BBB, in addition to Detective Tim Lohman, who solves forgery, fraud and monetary crimes in Southern California.

Let’s start with Katherine R. Hutt, a nationwide spokesperson for the Higher Enterprise Bureau, who affords her recommendation on methods to deal with used automotive scams.

See the Full Article Here!

Carvana is planning to place in a car merchandising machine in Tempe.

TEMPE, Ariz. The proprietor of Carvana says the 90-foot coin-operated merchandising machine will change the best way you purchase vehicles.

“We wished to make automotive shopping for enjoyable once more and once we thought of it, a pick-up expertise, we did not need it to be a dealership in disguise,” Ryan Keeton mentioned. “There aren’t any gross sales folks in our enterprise. You present up and get decide up your automotive.”

Founding father of Carvana, Ryan Keeton says that is the 12th automotive merchandising machine the corporate has constructed and the biggest.

Prospects orders online, obtain discover when their order is prepared, after which they head over to the merchandising machine and decide up a commemorative coin.

“At this level, you place it in, you see lights change, the machine comes alive, mainly this begins the entire course of,” Keeton mentioned. “We’re a totally vertically built-in retailer of used automobiles. We promote automotive traces online, greater than 10,000.”

Contained in the merchandising machine, a raise heads as much as retrieving the automobile and the choice is then rigorously positioned on a platform and introduced down.

“As soon as we land, the automotive will probably be introduced right down to the hall,” Keeton mentioned. “They may have the ability to see the automotive come in the direction of them. We do an enjoyable spin with the automotive, ship it into one of many 4 bays right here.”

“Folks have migrated to purchase different issues online and have begun the analysis course of shopping for an automotive on-line,” Keeton mentioned. “I feel we now allow folks not solely to discover an automotive, an automotive that we certify it is by no means been in an accident, that comes with a seven-day return coverage and we constructed the know-how that lets you purchase it in 10 minutes.”

Carvana formally opens to the general public immediately.

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