Car Accidents Involving Drivers With the Same Insurance in this year

You are driving down the road when another driver runs a stop sign, hitting into the side of your vehicle. You check to see if the people in the other car okay, then call the police. While exchanging information with the other driver, you find out that they have the same car insurance carrier as you do, leading you to wonder: How do I file a claim if the other driver has the same insurer? Is the process any different than normal? If so, how?

Read below to find out the answers to these questions and advice on how to make sure you get fairly compensated.

How Insurance Companies Handle Accidents When Both Drivers are Customers

In an ideal situation, an insurance company would handle accidents between two of its' customers the same way they should handle any other car accident: impartially and responsibly. However, this is not a perfect world, and insurance companies have been done failing to provide adequate compensation to customers in the sake of their bottom line profit.

When a car accident occurs and both drivers have the same insurer, the insurance company must handle it carefully in order to avoid running into a "conflict of interest." To do so, most insurance companies will issue each driver their own owner. The idea is that both adjusters will evaluate the claim and liability of the accident independently, and present their findings to each other once they have determined fault.

If both adjusters agree that one of the drivers is at fault, then the adjustor exceeds the at-fault driver will process the claim further and provide compensation to the other driver based on their insurance policy.

However, if there is a complication about liability, and both adjusters do not agree about who was at fault, then they will act as if they work for two separate companies to handle the claim. Two adjusters from the same company will never take legal action to determine fault, but rather come to an agreement among themselves.

Oftentimes insurance companies waive a customer's deductible if they are involved in an accident with another customer in order to avoid the hassle of dealing with liability disagreements and a customer accusing them of acting in "bad faith" by making a decision that is not in either driver's best interests.

When insurance company only issues one adjustor to handle both drivers' claims, there is a high risk of a conflict of interest. If this happens to you, contact a car accident attorney immediately to make sure you receive fair compensation.

Advantages of Having the Same Insurance

As unfortunately as getting into an accident is in the first place, there are a few advantages when the other driver has the same insurer as you.

For one, speaking to a representative at your own insurance company is always much easier and less of a hassle than contacting an officer from another insurer. Since you are a paying customer, adjusters will tend to provide quicker service than if you had a different insurance company.

Secondly, insurance companies have a monetary incentive to satisfy your claim and provide reasonable compensation to you if you are a customer. In most cases, insurers would end up losing more money in the long run if you stopped using them as your car insurance provider because you were unhappy with the coverage than if they just paid out a claim outright. So rather than risk losing you (the paying customer), they it is often in their best interests to make you happy by paying a claim.

Lastly, when two drivers with the same insurer get into an accident, the claim may be processed sooner than if the accident involved two different insurance companies. Two adjusters who work for the same insurer, and work in the same office, can resolve matters simply by walking to the other adjustor's desk.

Disadvantages of Having the Same Insurer

Getting involved in a car accident with a driver who has the same insurance company can also have its own risks. For instance, an insurer may try to take advantage of the opportunity and protect their bottom line by unreasonably delaying or denying your claim, or even failing to return your phone calls. Or, two adjusters may come to an agreement agreement behind closed doors that allows the company to get out of paying a full claim that they would be forced to otherwise.

Also, insurance policies can be confusing, and insurance companies may try to use that to their advantage by convicting an uncertain customer about a loophole that frees them from the responsibility to provide compensation.

When to Call an Attorney

If your car accident caused only minor property damage and / or injury, you will likely be able to proceed through the usual process-filing a claim with the insurer and letting them appoint the adjustors. However, if you received serious damage or personal injury, you should contact a car accident attorney to hold your insurance company accountable for fair and reasonable compensation, as well as any questions you may have.

How to Fix Automatic Transmission That Stays in Low Gear in this year

On a car with standard or manual transmission, the driver has to manually shift into first gear and then after the car starts to roll, the driver has to shift manually into second, then third and so on as the speed of the car increases.

An automatic transmission meanwhile allows the car to change gear ratios automatically to shift from first, second, third and so on. The automatic shifting is made possible thanks to the series of valve and switches that control the hydraulic pressure. Most cars in the market now are available in automatic transmission.

If the automatic transmission has a problem, you will notice that when you accelerate from a stop, the transmission does not shift to the next higher gear. The car seems to be dragging even though the engine speed increases. You can hear the engine screams louder than usual but the car does not really move smoothly.

This is because if there is failure in the transmission control system, the transmission stays at the low gear and the car is moving faster than it should in the low gear or first gear so loud roaring sound can be heard from the engine.

If you put the automatic transmission selector at the "Drive" position, the normal shift from the first gear to the second gear occurs when the speed of the car reaches sixteen miles per hour. If the transmission does not shift, the engine speed will keep on increasing but the car will still not gain its normal speed.

The first thing you need to do is to check the level of the transmission fluid. Top up with the correct type of fluid if you found that the fluid is at low level. When checking the level, check also the color of the transmission fluid on the dipstick. Light green or red means there is no major problem with the transmission system but if the color is either dark brown or black, the car will need major transmission repairs.

Some cars come with an additional device installed on the transmission known as a modulator where it will create excellent vacuum to make the transmission works correctly. The transmission will not shift or there will be delay in the shift if the vacuum hose is disconnected or blocked. Just highlight this to your auto mechanic if you are not sure if your car is equipped with the transmission modulator.

Apart from the above, it is also possible that the problem with the transmission comes from a misaligned, disconnected, bent or broken transmission-shift selector linkage. This means the position indicated on which gear you are on is not tally with the actual transmission gear.

On some cars, the shift point, which is the exact speed where the transmission shift, is controlled by a cable. The transmission will not shift appropriatively if the cable is disconnected or broken.

The tips above can certainly help you before you agree with the auto mechanic for any major repair on the transmission system.

Muscle Car Restoration – The Tools You Need in this year

The truth is that there are a lot of tools that will be needed during a car restoration. In this article I will not be talking about how to set up a shop, but rather the tools that you need to restore your car at home. We all know that this is a big job, so get ready to get down and dirty.

The very first suggestion that I will make, is that you absolutely must have a garage to do the work in. It does not need to be a huge outrageous garage, just a place where you can leave your car for a while that will keep it out of the weather, this will not be a fast process.

The garage that you work from also needs to have power, this is also a must. You can not possibly do all of the work with hand tools. There are a few tools that I will suggest that you could live without if you have to, but most of them will be a must.

It would also be a nice idea to have heat in your garage, this will make it more comfortable to do your work. Below I will add a list of the tools you will need to restore your classic car. This list may not cover all of the tools, but it will cover most of the ones that are a must.

Let me also give a warning here, it you are one of those people who think that everything has to have a time limit, and that time limit must push you to move the job along quickly, this is not that that much fun for you, it will take a lot of time.

List Of The Tools That You Need To Do A Car Restoration

1. This is a must have, you will need an air compressor that can handle the work load that you will through at it.
2. You will need a full set of wrenches, both metrics and SAE.
3. You will need a ratchet, and a full set of sockets.
4. You will need a full set of screwdrivers.
5. You will need a 5 "air grinder.
6. You will need a 1/2 "and a 3/8" breaker bar, and sockets to use with them.
7. You will need a full set of pry bars.
8. You will need air lines to connect your tools to the air.
9. Optional it is always nice to have a drop light when you need it.
10. You will need paint guns to spray the primer with, I do not suggest low dollar spray gun, get about a mid range brand name gun.
11. You will need air files for shaping the body filler that you will be using.
12. You will also need long hand file boards, the shaping is always better when it's done by hand.
13. You will need body hammers and dolls to take out dents with.
14. Optional you should have a uni-spotter nail welder to pull dents also, a good brand to look at is stinger.
15. You will need a die grinder, this is an absolute must if you have rust, or dents that require you to cut out the area to fix the problem.
16. You will need a mig welder, this is another piece of equipment that is not an option, it is a must. Do not by a no name welder either.

This may not be all of the tools that you will need, but it should get you well on your way to getting the job done in an efficient manor. You should not have to look for tools every time you turn around if you have these basic tools.

The other thing that I always harp on is safety, you should always do you work with another friend around so in case something happens during the process and you need help. The key idea here is to have fun, and do the job in a safe manor.

Car Restoration
Muscle Cars

Top 10 Car Drawing Books For Beginner Artists in this year

1. How to Draw Cars Like a Pro, 2nd Edition

In this long-awaited follow-up to the best-selling first edition of How to Draw Cars Like a Pro, renamed car designer Thom Taylor goes back to the drawing board to update his classic with all-new illustrations and to expand on such topics as the use of computers in design today. Taylor begins with advice on selecting the proper tools and equipment, then moves on to perspective and proportion, sketching and cartooning, various media, and light, shadow, reflection, color, and even interiors. Written to help enthusiasts at all artistic levels, his book also features more than 200 examples from many of today's top artists in the automated field. Updated to include computerized illustration techniques.

Author: Thom Taylor

2. How To Draw Cars Fast and Easy

How To Draw Cars Fast and Easy is a 134 page car drawing guide in downloadable e-book format, jam-packed from cover to cover with all the tips and techniques previously known by only a small hand of professional designers. This program contains all the information you'll ever need to draw perfect looking cars quickly and easily that will amaze your friends.

Author: Tim Rugendyke

3. How To Design Cars Like a Pro

This book describes how car design and technology work through the eyes of the most talented and powerful car designers in the world. The interviews give a deep understanding of why we see what we see on the highways of the world. Author Tony Lewin has been a highly regarded magazine editor on the world stage for so long that some of the top young guns revealing all in this book were hanging on his words just a few years ago.

Author: Tony Lewin

4. How to Draw & Paint Cars

This book is not about learning how to draw and paint fashionable cars, super cars, tarted up street or 'cool' cars as referred to by some motoring journalists, it is about drawing and painting all types of cars. The author has endeavored to distill experience from many years creating images on this subject into a book that will help and encourage those keen to draw and paint cars, both for pleasure or as a career. The author takes you through the history of the car from it's conception in 1885 to current models with sketches and paintings created in a variety of mediums, with examples and step by step guides. Readers are encouraged to develop their skills, whether raw beginners or accomplished artists. The road to success will not be easy, but, through this book you will learn all the techniques short cuts accumulated over decades by an accomplished commercial artist. Whether for business or pleasure this book is THE handbook for automotive art. With 185 illustrations and step by step guides this is a must have for any budding auto artist.

Author: Tony Gardiner

5. How to Draw Cars the Hot Wheels Way

This book provides excellent how-to-draw detail that is appealing and easy to follow for Hot Wheels ™ and drawing enthusiasts from ages 10 to adult. Detailed drawing techniques with descriptive captions allow readers to create their own automated designs. Illustrations emphasize how to draw fantasy, custom, concept, and hot rod cars. Author Scott Robertson uses original Mattel artwork throughout the book. With real Mattel artwork featured in detail, the bo0ok has great appeal for collectors, even if they are not aspiring artists. Because Hot Wheels ™ diecast cars are modeled after both real and fantasy vehicles, the techniques and interest to readers is the same as for real-life car enthusiasts. Official licensed by Mattel.

Author: Scott Robertson

6. H-Point: The Fundamentals of Car Design & Packaging

The ultimate reference guide for car designers and automotive engineers! H-Point was written by the pioneer of the Vehicle Architecture course at Art Center College of Design, Stuart Macey along with the Director of Advanced Mobility Research, Geoff Wardle. Currently used as the educational handout for the transportation design students at Art Center, it will now be available to aspiring car creators everywhere, clearly organizing the packaging standards that apply to car and truck design; along with insightful graphic explanations, this book demystifies the automotive design process and allows designers access to an illustrious careers worth of knowledge.

Author: Stuart Macey

7. How to Design Cars Like a Pro

This comprehensive new edition of How to Design Cars Like a Pro provides an in-depth look at modern automotive design. Interviews with leading automotive designers from Ford, BMW, GM Jaguar, Nissan and others, analyzes of past and present trends, studies of individual models and concepts, and much more combine to reveal the fascinating mix of art and science that goes into creating automobiles. This book is a must-have for professional designers, as well as for automotive enthusiasts.

Author: Tony Lewin

8. DRIVE: vehicle sketches and renderings

DRIVE features Scott Robertson's very latest vehicle designs intended for the video game space communicated through skillfully drawn sketches and renderings.

DRIVE builds upon the success of his prior two vehicle design books, Start Your Engines and Lift Off. Featuring four chapters, each representing a different aesthetic theme, Aerospace, Military, Pro Sports and Salvage, conceptual sports cars, big-rigs and off -road vehicle designs are beautifully represented through traditional and digital media sketches, and renderings.

Author: Scott Robertson

9. How to Illustrate and Design Concept Cars

Beginners will find an easy-to-follow introduction to the topic, while more experienced designers can find new inspirations by reading about the author's workflow process. A very interesting book for everyone who loves drawing and rendering cars.

Author: Adrian dewey

10. Start Your Engines: Surface Vehicle Sketches & Renderings from the Drawthrough Collection (Air Vehicle Sketches)

Start Your Engines compiles works from Scott Robertson's vast archives of ground vehicle drawings and renderings, and features the following chapters: Cars, Bicycles, Snowcraft Mechanimals and selected work from the conceptual design of vehicles for the video games Field Commander and Spy Hunter 2. The Cars chapter composers about half of this book and features original designs both futuristic and retrospective.

Author: Scott Robertson

How Car Salesmen Can Get Unlimited Free Auto Sales Leads Fast in this year

It is not that hard to get unlimited free automotive leads if you do it the right way and know what you are doing. With hundreds of millions of Google searches for cars and trucks every month, you now have the ability to quickly and easily make contact with many prospects.

Get Your Information Out There

You can reach thousands of prospects each month if you put your contact information in front of them when they are searching for a motor vehicle to buy. This means you have to find a way to get your contact information shown on the pages where they are looking, instead of your competitors' information. When they see your name instead of their they will call you or stop by and see you instead of the competition.

Due to search engine changes in 2011, you can now dominate your local search market for new and used cars and trucks. This is because Google and others now give search engine results based on local markets and local geographic areas. This is good for smaller local companies. It means you now have a way to be # 1 online in your market.

How To Get A # 1 Ranking

To get the # 1 ranking in Google and all the other search engines means you must have a plan to get your name and contact information listed in so many places that Google can not ignore you. Every time your name shows up somewhere online it is a vote for you to be # 1, and the car dealer with the most votes will be ranked # 1. We do this through a program of internet domination that includes every type of website you can think of, including blogs, forums, other local websites, business directories, articles, press releases, twitter, Facebook, and YouTube.

Once we do this, then Google starts noticing and believes you have a good website and a good car dealership because you are being reminded so often in so many different places. How many other web cites and references it takes all depends on how competitive your market is.

If you are trying to be # 1 for all the search terms for new and used cars in a large city it will take more time and more work than a small city. With our domination system we have found we can get a car dealer to # 1 even in a large city eventually.

Your Window Of Opportunity

What is in your favor right now is the fact that most of your competitors do not know about all the changes in local search rankings. This gives you a window of opportunity to be ranked # 1 now pretty quickly, at least in your own city.

We have found that with the right help from an expert you can shoot to the top of not just Google but all the other search engines as well, including YouTube and other Google-owned websites. The problem is that many internet marketing firms are still using methods that worked a year or two ago but do not work anymore. To get to # 1 in your market means getting leads from many different websites, forums, directories and blogs, not just Google.

Massive Online Presence

The approach that works for local internet domination is to have a massive online presence, and to accomplish that we invented something called The Massive Lead Machine for automobile sales. This not only gets you top ranked it also gives you an ongoing, unlimited amount of free car leads from the internet. The Massive Lead Machine succeeds in positioning your business name and contact information in thousands of internet locations so that people online looking for vehicles will always be seeing your name and so will call you or stop by for a test drive.

Positive Online Reviews

Not only that, we have also created a system to get your business a lot of positive online reviews and a lot of favorable comments in discussion websites. This creates the most valuable form of advertising – word of mouth advertising. And this not only works better than expensive paid ads, but it is also free once you have a Massive Lead Machine working for you generating unlimited internet leads.

Dominate Your Market

All of this online publicity and word of mouth advertising, along with links, reviews, citations and top search engine rankings, will allow you to truly dominate your local market for auto and truck sales.

The Car Rental Industry in this year

Market Overview

The car rental industry is a multi-billion dollar sector of the US economy. The US segment of the industry averages about $ 18.5 billion in revenue a year. Today, there are approximately 1.9 million rental vehicles that service the US segment of the market. In addition, there are many rental agencies along the industry leaders that subdivide the total revenue, sometimes Dollar Thrifty, Budget and Vanguard. Unlike other mature service industries, the rental car industry is highly consolidated which naturally puts potential new comers at a cost-disadvantage since since they face high input costs with reduced probability of economies of scale. Moreover, most of the profit is generated by a few firms including Enterprise, Hertz and Avis. For the fiscal year of 2004, Enterprise generated $ 7.4 billion in total revenue. Hertz came in second position with about $ 5.2 billion and Avis with $ 2.97 in revenue.

Level of Integration

The rental car industry faces a completely different environment than it did five years ago. According to Business Travel News, vehicles are being rented until they have accrued 20,000 to 30,000 miles until they are relegated to the used car industry whereas the turn-around mileage was 12,000 to 15,000 miles five years ago. Because of slow industry growth and narrow profit margin, there is no imminent threat to backward integration within the industry. In fact, among the industry players only Hertz is vertically integrated through Ford.

Scope of Competition

There are many factors that shape the competitive landscape of the car rental industry. Competition comes from two main sources through the chain. On the vacation consumer's end of the spectrum, competition is fierce not only because the market is arranged and well guarded by industry leader Enterprise, but competitors operate at a cost disadvantage along with smaller market shares since Enterprise has established a network of dealers over 90 percent the leisure segment. On the corporate segment, on the other hand, competition is very strong at the airports since that segment is under tight supervision by Hertz. Because the industry underwent a massive economic downfall in recent years, it has upgraded the scale of competition within most of the companies that survived. Competitively speaking, the rental car industry is a war-zone as most rental agencies including Enterprise, Hertz and Avis among the major players engaged in a battle of the fittest.

Growth

Over the past five years, most firms have been working towards enhancing their fleet sizes and increasing the level of profitability. Enterprise currently the company with the largest fleet in the US has added 75,000 vehicles to its fleet since 2002 which help increase its number of facilities to 170 at the airports. Hertz, on the other hand, has added 25,000 vehicles and expanded its international presence in 150 counties as opposed to 140 in 2002. In addition, Avis has increased its fleet from 210,000 in 2002 to 220,000 despite recent economic adversities. Over the years following the economic downturn, although most companies throughout the industry were struggling, Enterprise among the industry leaders had been growing steadily. For example, annual sales reached $ 6.3 in 2001, $ 6.5 in 2002, $ 6.9 in 2003 and $ 7.4 billion in 2004 which translates into a growth rate of 7.2 percent a year for the past four years. Since 2002, the industry has started to regain its feet in the sector as overall sales grow from $ 17.9 billion to $ 18.2 billion in 2003. According to industry analysts, the better days of the rental car industry have yet to come. Over the course of the next several years, the industry is expected to experience accelerated growth valued at $ 20.89 billion each year following 2008 "which equates to a CAGR of 2.7% [increase] in the 2003-2008 period."

Distribution

Over the past few years the rental car industry has made a great deal of progress to facilitate it distribution processes. Today, there are approximately 19,000 rental locations yielding about 1.9 million rental cars in the US. Because of the increasingly abundant number of car rental locations in the US, strategic and tactical approaches are taken into account in order to insure proper distribution throughout the industry. Distribution takes place within two interrelated segments. On the corporate market, the cars are distributed to airports and hotel surroundings. On the leisure segment, on the other hand, cars are distributed to agency owned facilities that are conveniently located within most major roads and metropolitan areas.

In the past, managers of rental car companies used to rely on gut-feelings or intuitive guesses to make decisions about how many cars to have in a particular fleet or the utilization level and performance standards of keeping certain cars in one fleet. With that methodology, it was very difficult to maintain a level of balance that would satisfy consumer demand and the desired level of profitability. The distribution process is fairly simple through the industry. To begin with, managers must determine the number of cars that must be on inventory on a daily basis. Because a very noticeable problem arises when too many or not enough cars are available, most car rental companies including Hertz, Enterprise and Avis, use a "pool" which is a group of independent rental facilities that share a fleet of vehicles. the pools in place, rental locations operate more efficiently since since they reduce the risk of low inventory if not eliminate rental car shortages.

Market Segmentation

Most companies throughout the chain make a profit based on the type of cars that are rented. The rental cars are categorized into economy, compact, intermediate, premium and luxury. Among the five categories, the economy sector yields the most profit. For instance, the economy segment by itself is responsible for 37.7 percent of the total market revenue in 2004. In addition, the compact segment accounted for 32.3 percent of overall revenue. The rest of the other categories covers the remaining 30 percent for the US segment.

Historical Levels of Profitability

The overall profitability of the car rental industry has been shrinking in recent years. Over the past five years, the industry has been struggling just like the rest of the travel industry. In fact, between the years 2001 and 2003 the US market has experienced a moderate reduction in the level of profitability. Specifically, revenue fell from $ 19.4 billion in 2000 to $ 18.2 billion in 2001. Subsequently, the overall industry revenue eroded further to $ 17.9 billion in 2002; an amount that is minimal higher than $ 17.7 billion which is the overall revenue for the year 1999. In 2003, the industry experienced a barely noticeable increase which earned profit to $ 18.2 billion. As a result of the economic downturn in recent years, some of the smaller players that were highly dependent on the airline industry have done a great deal of strategy realignments as a way of preparing their companies to cope with economic economic adversities that may surround the industry . For the year 2004, on the other hand, the economic situation of most firms have gradually improved through the industry since most rental agencies have returned far greater profits relative to the anterior years. For instance, Enterprise realized revenues of $ 7.4 billion; Hertz returned revenues of $ 5.2 billion and Avis with $ 2.9 billion in revenue for the fiscal year of 2004. According to industry analysts, the rental car industry is expected to experience steady growth of 2.6 percent in revenue over the next several years which translates into an increase in profit.

Competitive Rivalry Among Sellers

There are many factors that drive competition within the car rental industry. Over the past few years, broadening fleet sizes and increasing profitability has been the focus of most companies within the car rental industry. Enterprise, Hertz and Avis among the leaders have been growing both in sales and fleet sizes. In addition, competition intensifies as firms are constantly trying to improve their current conditions and offer more to consumers. Enterprise has almost doubled its fleet size since 1993 to approximately 600,000 cars today. Because the industry operates on such narrow profit margins, price competition is not a factor; however, most companies are actively involved in creating values ​​and providing a range of amenities from technological gadgets to even free rental to satisfy customers. Hertz, for example, integrates its Never-Lost GPS system within its cars. Enterprise, on the other hand, uses sophisticated yield management software to manage its fleets.

Finally, Avis uses its OnStar and Skynet system to better serve the consumer base and offers free weekend rental if a customer rents a car for five consecutive days Moreover, the consumer base of the rental car industry has relatively low to no switching cost. Conversely, rental agencies face high fixed operating costs including property rental, insurance and maintenance. Consequently, rental agencies are sensitively pricing there rental cars just to recover operating costs and adequately meet their customers demands. Furthermore, because the industry experienced slow growth in recent years due to economic stagnation that resulted in a massive decline in both corporate travel and the leisure sector, most companies including the industry leaders are aggressively trying to reposition their firms by gradually lessening the dependency level on the airline industry and regaining their footing in the leisure competitive arena.

The Potential Entry of new Competitors

Entering the car rental industry puts new comers at a serious disadvantage. Over the past few years following the economic downturn of 2001, most major rental companies have started increasing their market shares in the vacation sector of the industry as a way of insuring stability and lowering the level of dependency between the airline and the car rental industry. While this trend has engended long term success for the existing firms, it has heightened the competitive landscape for new comers. Because of the severity of competition, existing firms such as Enterprise, Hertz and Avis carefully monitor their competitive radars to expect Sharpe retaliatory strikes against new entrants. Another barrier to entry is created because of the saturation level of the industry.

For example, Enterprise has taken the first mover advantage with its 6000 facilities by saturating the leisure segment thereby placing not only high restrictions on the most common distribution channels, but also high resource requirements for new firms. Today, Enterprise has a rental location within 15 miles of 90 percent of the US population. Because of the network of dealers Enterprise has established around the nation, it has become reliably stable, more recession proof and most importantly, less reliant on the airline industry compared to its competitors. Hertz, on the other hand, is utilizing the full spectrum of its 7200 stores to secure its position in the marketplace. Basically, the emergence of most of the industry leaders into the leisure market not only drives rivalry, but also it varies directly with the level of complexity of entering the car rental industry.

The Threat of Substitute

There are many substitutes available for the car rental industry. From a technological standpoint, renting a car to go the distance for a meeting is a less attractive alternative as opposed to video conferencing, virtual teams and collaboration software with which a company can immediately setup a meeting with its employees from anywhere around the world at a cheaper cost. In addition, there are other alternatives including taking a cab which is a satisfactory substitute relative to quality and switching cost, but it may not be as attractively priced as a rental car for the course of a day or more. While public transportation is the most cost efficient of the alternatives, it is more expensive in terms of the process and time it takes to reach one's destination. Finally, because flying offers convenience, speed and performance, it is a very enticing substitution; however, it is an unattractive alternative in terms of price relative to renting a car. On the business segment, car rental agencies have more protection against substitutes since many companies have implemented travel policies that establish the parameters of when renting a car or using a substitution is the best course of action.

According to Tracy Esch, an Advantage director of marketing operations, her company rents cars up to a 200-mile trip before considering an alternative. Basically, the threat of substitute is reasonably low in the car rental industry since the effects the substitution products have do not pose a significant threat of profit erosion through the industry.

The Bargaining Power of Suppliers

Supplier power is low in the car rental industry. Because of the availability of substitutes and the level of competition, suppliers do not have a great deal of influence in the terms and conditions of supplying the rental cars. Because the rental cars are usually purchased in bulk, rental car agents have significant influence over the terms of the sale since they possess the ability to play one supplier against another to lower the sales price. Another factor that reduces supplier power is the absence of switching cost. That is, buyers are not affected from purchasing from one supplier over another and most importantly, changing to different supplier's products is strictly noticeable and does not affect consumer's rental choices.

The Bargaining Power of Buyers

While the leisure sector has little or no power, the business segment possesses a significant amount of influence in the car rental industry. An interesting trend that is currently underway through the industry is forcing car rental companies to adapt to the needs of corporate travelers. This trend significantly reduces supplier power or the rental firms' power and increases corporate buyer power since the business segment is excruciatingly price sensitive, well informed about the industry's price structure, purchase in larger quantities and they use the internet to force lower prices. Vacation buyers, on the other hand, have less influence over the rental terms. Because vacationers are usually less price sensitive, purchase in lesser amounts or purchase more infrequently, they have weak bargaining power.

Five Forces

Today the car rental industry is facing a completely different environment than it did five years ago. Competitively speaking, the revolution of the five forces around the car rental industry exports some strong economic pressure that has significantly tarnished the competitive attractiveness of the industry. As a result of the economic downturn in recent years, many companies went under nominal Budget and the Vanguard Group because their business infrastructure succumbed to the untenability of the competitive environment. Today, very few firms including Enterprise, Hertz and Avis return a slightly above-average revenue compared to the rest of the industry. Realistically speaking, the car rental sector is not a very attractive industry because of the level of competition, the barriers to entry and the competitive pressure from the substitution firms.

Strategic Group Mapping

As a moderately concentrated sector, there is a clear hierarchy in the car rental industry. From an economic standpoint, disparities exist from a number of dimensions including revenue, fleet size and the market size each firm holds in the market place. For instance, Enterprise dominates the industry with a fleet size of approximately 600,000 vehicles along with its market size and its level of profitability. Hertz comes in second position with its number of market shares and fleet volume. In addition, Avis ranks third on the map. Avis is one of the companies that is having issues recovering its revenue margins from prior to the economic downturn. For instance, in 2000 Avis returned revenues of approximately $ 4.23 billion. Over the course of the next several years following 2000, the revenue of Avis has been significantly lower than that of 2000. As a way of reducing uncertainty most companies are gradually lessening the level of dependency on the airline industry and emerging the leisure market. This trend may not be in the best interest of Hertz since its business strategy is intricately linked to the airports.

Key Success Factors

There are many key success factors that drive profitability through the car rental industry. Capacity utilization is one of the factors that determinates success in the industry. Because rental firms experience loss of revenue when there are either too few or too many cars sitting in their lots, it is of paramount importance to efficiently manage the fleets. This success factor represents a big strength for the industry since it lowers if not completely eliminates the possibly running short on rental cars. Efficient distribution is another factor that keeps the industry profitable. Despite the positive relationship between fleet sizes and the level of profitability, firms are constantly growing their fleet sizes because of the competitive forces that surround the industry. In addition, convenience is one of the critical attributes by which consumers select rental firms. That is, car rental consumers are more prone to renting cars from firms that have convenient rental and drop off locations. Another key success factor that is common among competitive firms is the integration of technology in their business processes. Through technology, for instance, the car rental companies create ways to meet consumer demand by making renting a car a very agreeable ordinal by adding the convenience of online rental amongst other alternatives. Furthermore, firms have integrated navigation systems along with roadside assistance to offer customers the piece of mind when renting cars.

Industry Attractiveness

There are many factors that affect the attractiveness of the car rental industry. Because the industry is moderately concentrated, it puts new market entrants at a disadvantage. That is, its low concentration represents a natural barrier to entering the industry as it allows existing firm to expect sharp retaliations against new entrants. Because of the risks associated with entering the industry among other factors, it is not a very attractive sector of the marketplace. From a competitive standpoint, the leisure market is 90 percent planned because of the active efforts of Enterprise to dominate this sector of the market. On the other hand, the airport terminals are heavily guarded by Hertz. Realistically speaking, entry in the industry offers low profitability relative to the costs and risks associated. For most consumers, the main determining factors of choosing one company over another are price and convenience. Because of this reason, rental firms are very circumspect about setting their rates and that generally force even the industry major players in the position of offering more to the consumers for less just to remain competitive. Hertz, for example, offers wireless internet to its customers just to add more convenience to their travel plans. Avis on the other hand, offers free weekend specials if a customer returns a car for five consecutive weekdays. Based on the impact of the five forces, the car rental sector is not a very attractive industry to potential new market entrants.

Conclusion

The rental car industry is in a state of recovery. Although it may seem like the industry is performing well financially, it is nonetheless gradually regaining its footing relative to its actual economic position within the last five years. As a way of insuring profitability, including seeking market shares and stability, most companies throughout the chain have a common goal that deals with lowering the level of dependency on the airline industry and moving towards the leisure segment. This state of motion has engendered some fiercely competition among industry competitors as they attempted to defend their market shares. From a futuristic perspective, the better days of the car rental industry have yet to come. As the level of profitability increases, I believe that most of the industry leaders including Enterprise, Hertz and Avis will be bounded by the economic and competitive barriers of mobility of their strategic groups and new comers will have a better chance of infiltrating and realizing success in the car rental industry.

Sources

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What Are the Top 5 Reasons For Car Theft? in this year

In order to better understand how to protect your car from car theft, and in order to get a better idea of ​​which cars will be stolen, it is important to understand the top five reasons that cars might be stolen. These are the five largest reasons a person might steal your car.

Joyriding

Joyriding is something that is referred to sometimes as a prank, but it really does happen. This happens because a person sees a car and wants to drive around in it. They steal it with no other purpose other than simply ride around in the car. These are cars that are stolen and usually recovered within a day or two in the same general area that they were stolen. Most of the cars that are stolen for joyrides are damaged, because the thief does not care what happens to the car. Most of the time, cars that are stolen for joyriding are chosen because the owner has left the keys in the car, or has left the door switch in an unlocked position.

Transportation

The second reason that cars are stolen is simple – the thief needs to get from one place to another. They need to go somewhere, and have to have a car to do that. Most of the time, they leave the car where their destination was. Sometimes, the car is wrecked and often there are parts stolen from it, but the largest reason to take the car in the first place was to simply get where they were going. Thieves choose these cars in the same way – they were left with the keys in the ignition, or in a way that is very easy to steal.

Other Crimes

Sometimes, a car is stolen so that other crimes can be committed. This happens when someone steals a car to get away from the scene of a crime that just happened, like a robbery. However it can also be done to get to a different crime, like a burglary or drug crime. Most of the time the stolen vehicle is abandoned when the crime is finished, but a lot of the time it is damaged or wrecked in the process. These cars are often stolen in places where there is a lot of crime.

Parts

Sometimes, a car is stolen for the parts. This happens when a car is hotwired and stolen, and the radio, or parts of the engine are taken out before the car is abandoned or found. Sometimes, the thieves have one or two main items in mind, and sometimes they strip whatever they can out of the car before someone finds it.

Commercial Theft

The last type of car theft is commercial theft. Unlike the cars that are stolen to strip the parts, these cars are stolen to be resold. Body shops will take in stolen cars, file off serial numbers and change the look of the car and then resell them. These are the cars that are in most high demand, and that is why they are stolen.

Auto Transport & Car Shipping Industry Exposed in this year

Auto transport industry is run by 90% by the brokers! The majority of auto transport companies do not own car trailers. They do not have the staff or budget to market themselves to the public or the customer service team to provide support to their clients. They typically rely on word of mouth or local advertising to get the business. Carriers deeply rely on the brokers to fill up their trucks and keep them moving.

Auto transport brokers have access to hundreds of transporters and can generally accommodate you on any location you may need to get your car picked up or delivered to. Working with a reputable broker may help you get a better price or find a company you would not otherwise find on your own. The broker may also provide you with a more competitive price quote and offer you better support. Many of the drivers are one man operations or are under-staffed to provide you with quality customer service.

How the auto transport industry works?

When you get a quote from different companies / brokers – they all compete for your business. But the reality is you are actually bidding for the drivers to move your car. If your quote is too low, you car will not be picked or it may take few weeks for the delivery.

Here is an example on how this works: let's say the route is (NJ to FL). There is usually 20-40 cars waiting to be picked up on the dispatch board which is used by all trucks in the industry. They are all priced from high to low. The drivers will be more attached to loads that are paying more. So if you picked the lowest quote and there are 10 cars all quoted higher on the list, your car will be sitting at your driveway for awhile. Your load will be the last to get picked up, or you simply may never get a driver assigned while a dishonest broker promises you the world and takes your money.

How to get the right auto transport quote?

In the industry where money talks – your budget will determine the price to get your vehicle picked up and delivered. Choosing the lowest car transport rates is not always recommended. We constantly hear complaints from consumers who first deal with low balled quotes and than went with a higher quote – got their vehicles picked up with 2-4 business days.

Search Google for "auto transport quotes", "car transport rates", or "car shipping quotes" and checkout various auto transport company websites. Get quotes from individual companies, or comparison sites and compare rates. You can check the company's track record on sites like Transport Reviews.

Aftermarket, OEM, OE Auto Parts Explained in this year

Aftermarket, OEM, replacement parts – you see these words in almost all auto parts stores online. What do these terms mean?

For a passive buyer, these things are but ordinary terms used in the automated market but for someone meticulous and who wants the best for his auto, these things matter considerably. Deciding which amongst these to purchase is just like deciding what car to buy.

OEM stands for Original Equipment Manufactured. This means that OEM Ford parts are manufactured by Ford itself, Chevrolet parts are manufactured by Chevrolet, Toyota parts by Toyota, BMW parts by BMW and so on. The terms OES and OE are also used; these mean Original Equipment Supplied and Original Equipment, respectively. While in many cases, OEM and OES mean the same, OE is more general referring to any part that came as original equipment on the car. Some of OE car parts and components are not actually made by the car manufacturer but are purchased and assembled by the automakers to create a vehicle.

Those referred to as "aftermarket auto parts" are not made by the original car manufacturer; furthermore, they are bought and added to the vehicle only at the dealership or after the vehicle left the dealership. In terms of design and function, aftermarket products are almost the same as the stock auto parts since they are primarily used to replace a damaged original part so that the vehicle can continue to run. If you need replacement parts for your car, however, you can either buy OEM or aftermarket auto parts. There are numerous sources of aftermarket auto parts. Stores like Auto Parts Discount give you a great variety of parts for almost all makes and models.

Some cars, especially the base models are not fully equipped so users just add aftermarket parts later on. For example if you have purchased an old Toyota Corolla, you can add aftermarket Toyota fog lights, Toyota spoiler, Toyota turn signal light or Toyota mirrors. Aftermarket products can also help you give your car a fresh new look. Even if your original parts are not yet damaged or worn out, you can replace them with or add specially designed aftermarket auto parts like Honda taillights, Ford center cap, Chevrolet chrome bumper, and Mercedes Benz Front Cover Towing Eye found at Auto Parts Discount.

Enthusiasts, on the other hand would opt for custom parts and specialty equipments. Compared to a universal fit auto part, which can be installed to any vehicle make, year and model, custom aftermarket products are designed to fit only a particular application. Examples of custom parts are your Ford hood, Ford fender and Ford doors . Special equipments on the other hand, are intended to make the vehicle more stylish, comfortable, convenient and more up-to-date.

Most auto users prefer aftermarket products because they are less expensive than OEM replacements. While it is true that there may be some aftermarket auto parts that do not meet high standards of original equipments, it is not right to say that aftermarket products are generally inferior in terms of quality and style. Replacement parts sold at Auto Parts Discount , for example are made by car parts manufacturers that are mandated by high international standards.

Which is better, OEM or aftermarket replacement part? It depends on the product. Some OEM parts are not durable enough while the aftermarket parts you use to replace them could last for many years. If you want to give your car a different look and also, if you want to save, aftermarket products are worth a try. However, make sure to get these replacement parts from trusted sources.

Skills You Need to Restore a Classic Car in this year

Restoring a classic car can be a scary topic for some people. There are a lot of different types of work that goes into a classic car restoration and most people are not skilled at all of them. When you break the process down into the types of repairs that go into your classic car restoration, it's easier to come to grips with what you really can or can not do yourself.

An accounting of your skills can help you decide how much work you can do yourself, and how much of the restoration work you should get done by a professional.

Your classic car restoration can be broken down into a few repair categories.

  • Knowing your car,
  • Mechanical repairs
  • Electrical repairs
  • Interior or upholstery work
  • Sheet metal or rust repair
  • Surface preparation and refinishing
  • Auto body and painting
  • Trim or molding repair and refinishing

Some of these categories are self explanatory. Allow me to clarify the ones that are not so obvious.

Knowing your car

Cars have always been available with options like sport trim packages, air conditioning, V8, 6 cylinder, or 4 cylinder engines, and the list goes on. As the car gets in on years, some of these options get removed from the vehicle, replaced with something substandard, or never replaced at all. Option codes and shop manuals are generally available for most American classic cars that detail this information.

Mechanical repairs

This covers a lot of what makes up a car and would be most of the moving parts. You'll find the engine and transmission will need rebuilding, as well as all the regular maintenance repairs like brakes and suspension, and rebuilding components parts like starters, water pumps, and generators. Other components that rarely get considered are the under dash parts like heater or vent controls, window parts inside the doors, hinges, and latches. I'm only touching on the subject, but you get the idea.

Electrical repairs

Electrical can be the scariest of them all. On an old vehicle the sheathing on the wiring can be dry rotted, and cracked and brittle creating the risk of an electrical short. Switches wear out and even fall apart. On some vehicle where these parts are impossible to find, you'll need to be creative and improvise by using parts from another vehicle make.

Interior or upholstery work

Cloth, vinyl, leather, threading, and stuffing or padding materials all dry rot over time and need to be replaced. Colors fade really bad as well.

Sheet metal or rust repair

Any metal made with iron will rust, even aluminum will oxidize and even disintegrate under the right conditions. The body sheet metal will need to be replaced or patched. This means knowing how to work with sheet metal, how to weld, and even how to shape metal.

Surface preparation and refinishing

Other than the exterior of the car body, there is a lot of sheet metal surface that will need to be stripped of old paint and surface rust, then prepared so it will not rust anymore, then painted again. This includes the car frame, suspension parts, differential, fasteners and more.

Auto body and painting

Aside from the sheet metal work the exterior of the car body will need to be smoothed and painted. This is an awful amount of work which is why it can be so expensive.

Trim or molding repair and refinishing

Classic car trim and molding was made mostly from metals. There are steel chrome plated parts, chrome plated pot metal parts, aluminum, stainless steel and even brass or copper. until recently, some parts can not be fixed and re-plated, pot metal is on of those. In extreme cases, you'll need to weld new metal into your trim or moldings, grind and sand them down, polish them and get them ready for re-plating.

That's a lot to know how to do.

Luckily there are some really good how-to DVD's available that cover all these topics. Even still you might want to specialize in only 2 or 3 of these skills, and get a professional to do the others.

Learning how to do something like this can be entertaining. Even if if you do not plan on doing some of this work yourself, you'll want to know how the work is done so you can recognize a job well done.