The government released the final and official rules for the Cash for Clunkers (CARS) program today, and they included some much-need clarifications!  The good news is that the $45,000 price tag limit for the new vehicle to be purchased (or leased) applies to the base MSRP, not including optional equipment, dealer accessories, destination charge, taxes, tag fees, or doc fees! 

To learn more about the program and to see if you are eligible to take advantage of it, contact Women’s Automotive Solutions or visit the official government website, www.CARS.gov. 

Kia is known for producing inexpensive cars with long warranties. That has been the basis of their success in the United States for 15 years. Producing exciting cars has not. Until now. Enter the 2010 Kia Soul, a fun, four-door boxy hatchback that is clearly designed to compete with the slightly larger Scion xB.

Taking a complete 180 from its traditional boring style, Kia makes the funky new Soul in wacky colors such as Java, Molten and Alien. Interiors are available in two-tone, houndstooth and even glow-in-the-dark upholstery. The interior space is quite impressive, given the Soul’s overall small size. High-mounted seats and a tall roofline offer even tall passengers sufficient head and legroom. Cargo room is significantly less than its Japanese competitors, but the Soul’s boxy shape can still haul reasonably large items.

The 2010 Kia Soul is available in four ridiculously named trim levels – Base, +, ! and Sport. The base model comes decently equipped with 15-inch steel wheels, rear drum brakes, air-conditioning, full power accessories, tilt steering, a 60/40-split rear seat and a four-speaker stereo with CD/MP3 player, satellite radio, USB and auxiliary audio jacks. The Soul + has a larger engine, 16-inch alloy wheels, rear disc brakes, cruise control, keyless entry, tinted rear windows, a height-adjustable driver seat, Bluetooth, and steering-wheel-mounted audio controls. The Soul ! adds 18-inch wheels and two-tone upholstery. The top level Soul Sport has an upgraded audio system, a sport-tuned suspension, red-black two-tone interior and special exterior trim. A sunroof is optional on the ! and the Sport. Standard safety equipment includes antilock brakes, stability control, front side airbags and side curtain airbags.

The quirky Soul is equally fun to drive, staying reasonably tight and planted in the corners. The ride is comfortable at “tooling around town” speeds, but can get a bit choppy on the highway. The based Soul offers a 1.6-liter four-cylinder engine that puts out 122 horsepower and 115 pound-feet of torque. The +, ! and Sport trim levels get a 2.0-liter four-cylinder with 142 hp and 137 lb-ft of torque. The base model is available only in a five-speed manual, but the upgraded trims offer a four-speed automatic. The 5-speed manual Soul Sport reportedly goes from zero to 60 mph in 8.8 seconds. Not too shabby for a lunch box on wheels.

(Photo courtesy of Kia Motors.)

A week or so ago, I listed the top 10 vehicles most likely to earn you a speeding ticket.  (Of course, it’s the driver that gets the ticket, not the car…)  So, it’s only fair that I  give you the 10 vehicles that are least likely to get you in trouble with the cops. 

Most of the vehicles on this list come as no surprise.  Some, like the Mazda 6, are quality cars that are willing and able to zoom-zoom.  The Oldsmobile Silhouette, on the other hand, may not even be capable of reaching the speed limit.  Some of these vehicles made the list because they tend to be driven by safety-conscious parents or responsible workers.  Others are simply so forgettable that even radar detectors don’t notice them.

1.  Jaguar XJ
2.  Chevrolet Suburban
3.  Chevy Tahoe
4.  Chevy Silverado 2500
5.  Buick Park Avenue
6.  Mazda 6
7.  Buick Ranier
8.  Oldsmobile Silhouette
9.  Buick Lucerne
10. GMC Sierra 1500

When I turned 30 and bought a little red convertible, my friends congratulated me on my new cop magnet.  After all, everyone knows that red cars are more likely to get pulled over, right?  One theory says that the bright color attracts the attention of the police.  Another says that an optical illusion makes red cars appear to be going faster than other colored cars.  That got me thinking – are certain cars more likely than others to be cited for speeding?  After all, it couldn’t possibly have anything to do with the way I drive…

According to data compiled by the Insurance Institute of Highway Safety, red cars do not get more speeding tickets than their less vivid counterparts.  Nor are they more likely to be stolen.  One would also assume that sports cars are more likely to be cited for speeding.  That’s what sports cars are for, after all.  Yet, the data tells a different story.  According to a study by ISO Quality Planning, a risk assessment company, the following ten vehicles are the biggest cop magnets on the road. (I wonder where my pink Mini would fall on this list?)

1.  Hummer H2 (and H3) – Perhaps the owners of these flashy behemoths drive like they own the road.  Maybe they are just easier for cops to spot.  Either way, Hummer drivers get more traffic tickets than drivers of any other vehicle.

2.  Scion tC – This entry level vehicle from Toyota’s Scion division is popular with young drivers, which easily explains why it’s on the top 10 ticketed list.  This little coupe delivers good performance at a very low price, which should at least make the speeding tickets more affordable.

3.  Scion xB – Popular with both young drivers and small businesses, the boxy xB certainly attracts a lot of attention.  The xB isn’t exactly fast, so it must be all of the catchy graphics that get these roving billboards pulled over.

4.  Mercedes CLK63 AMG – Luxury has its price, and if you can afford one of these babies, you can afford the speeding tickets that go with it.

5.  Toyota Solara – Although sportier than the 4-door Camry, the 2-door Solara is far from a high performance machine, but it is fun to drive.  Maybe the convertible models just look like they are going faster with the top down.

6.  Mercedes CLS AMG – Between its smokin’ hot looks and 507 hp V8 engine, this car has more than earned a spot on this list.  Of course, with that much horsepower, I’m surprised the cops can even catch it.

7.  Scion xA – With this model making the list, Scion completes the traffic ticket trifecta.  The xA was discontinued in 2006, but I’m sure it’s replacement, the xD, will uphold the tradition.

8.  Subaru Outback – Subarus are known for being reliable, “green” vehicles driven by environmentally conscious, outdoor-types.  I guess those otherwise responsible people are in a hurry to pick up their organic groceries. 

9.  Toyota Matrix – More expensive than its Scion cousins, but still affordable and attractive to younger drivers, this sporty hatchback is a blast to drive.  And Mr. Highway Patrol knows it.

10.  Audi A4 – Offered as a sedan, a wagon or a convertible, all three versions of the upscale Audi A4 are likely to get you noticed – by the neighbors and the police. 

Of course, it’s not the car that gets the speeding ticket – it’s the driver.  Statistics show that younger drivers are more likely to speed than older drivers, which explains the prevalence of Scions on the list.   Rich people, it seems, are also more likely to ignore the speed limit if the number of luxury cars listed is any indication.   Maybe that’s what they mean by “time is money”.  

Keeping a clean driving record is your responsibility, not your car’s.  If you watch your speed and obey the traffic laws, you can avoid costly citations no matter what vehicle you drive.   So, please drive safely!

(Women’s Automotive Solutions can help buy a car - cop magnet or not!  Check out our unique car buying service at www.WomensAutomotiveSolutions.com and see how you can get the best deal without all the hassle!)

“May you live in interesting times.”  With automobile sales down nearly 40%, tighter credit markets, and the Big Three American automakers on the verge of bankruptcy, this old Chinese proverb has never been more true.  (Even the almighty Toyota reported its first full-year loss in more than 70 years!)  The challenges facing the automotive industry today are unprecedented, and that can mean both challenges and advantages for the consumer.  Here are five things you need to know in order to successfully navigate today’s uncharted market:

 1.  Deals, deals and more deals!  For perhaps the first time in history, the supply of new automobiles far exceeds the demand.   Even after production cutbacks, there are still more cars than can fit onto already the overstocked dealer lots.  So, what do businesses do when they have too much inventory?  They have a REALLY BIG SALE!  The level of incentives, including rebates, financing specials and manufacturer-to-dealer bonuses, is astounding -  which is good news for you!  Even small, fuel efficient cars, which rarely need incentives to move, are being discounted.  Be sure to negotiate hard on the price of the car even before the incentives are applied.  The car dealers are hungry for your business, and they know they must compete to earn it.

2.  Beware of creative advertising!  When car dealers are desperate to make sales, they often get very creative with their advertising campaigns in order to entice you into their showrooms.  Offers such as “buy one, get one free” and “$12,000 minimum for your trade” may technically be valid, but they usually come with a stack of fine print that would make an attorney faint.  Be sure to weed through that fine print before signing on the dotted line.  And, remember the old adage, “if it sounds too good to be true, it usually is”.

3.  Credit is tighter, but still available.  Just six months ago, you could get a no-money-down auto loan with a credit score of just 650.  You will likely need at least a 720 credit score to get that same deal today.  The credit crunch has hit the automotive industry, with banks and manufacturer finance companies alike tightening the strings on subprime lending.  Rates on subprime car loans are higher and may require a 10-20% down payment.  You may have a hard time finding those longer 72 and 83 month loan terms, or you may pay a one to two point premium to get one.  However, if you have excellent credit, then you can take advantage of incredibly low rates for 36 to 60 month loans - under 5% at some credit unions!

4.  Fewer lease deals.  Over the past decade, insanely cheap lease deals have allowed Americans to drive far more expensive cars than they could otherwise afford.  Those days are over - at least for the foreseeable future.  The leasing companies are being killed by the number of vehicles coming off lease that have depreciated much more than expected.  Most manufacturers are raising lease rates or even suspending lease programs entirely.  Luxury car makers, like BMW, whose business depends heavily on leasing, will still have good lease programs – but probably not as good as they used to be.

5.  Watch what you buy.  Many cash-starved automakers are looking to cut costs by downsizing their lineups.  Manufacturers are canning poor selling vehicles, consolidating twinned models and even axing entire brands in order to stop the bleeding.  (See side bar for vehicles “on the chopping block”.)  So, is it still safe to buy American, even if it’s a steal?  Yes, it is.  Even in the event of a bankruptcy, the manufacturers will still do everything possible to honor your warranty, and mechanics will still be able to service and repair your vehicle.  (Heck, they still make parts for the Model-T!)  While there are no guarantees, vehicle makes and models always come and go.  It’s just part of the business.  However, the biggest risk is depreciation – orphaned vehicles typically lose their value faster than normal.

Truly, there has never been a better time to buy a car.  With great deals everywhere you turn, purchasing a new car can save you a ton of cash.  And, more importantly, it will also help revive our economy.