Tesla’s “Mobile Service Rangers” will drive to owners even if they are hundreds of miles from the nearest dealership. The upstart carmaker has only four dealerships around he country: Menlo Park, Los Angeles, Seattle and New York. But the company has sold 700 Tesla Roadsters and now has customers in every state.

Because Tesla’s electric technology is so now, the average service station can’t work on the cars. Before this service, Tesla’s customers had to ship their car to the nearest dealership if they couldn’t drive in. To minimize the hassle, Tesla rolled out its mobile tech teams.

The service won’t be free, however. Vehicle owners will pay $1 for every round-trip mile that the technicians travel from the nearest Tesla service center. The minimum charge is $100.

Of course, Tesla Roadsters cost about $109,000, so this will be small change for the company’s vehicle owners.

General Motors announced its sales dropped 45 percent, and Chrysler reported a 42 percent decline from September a year ago. Ford fared a bit better with car sales declining only 5 percent from September 2008. However, Ford did register a 5 percent uptick in sales for the entire 3rd quarter, the company’s first quarterly increase in four years.

Overseas automakers were also hard hit in September. Sales dipped 20 percent at Honda, 7 percent at Nissan, and 13 percent at Toyota.

Korean carmaker Hyundai was the lone bright spot in the industry. Hyundai said its sales rose 27 percent in September. Due to its low priced cars, the automaker has been gaining sales momentum throughout the recession.

The federal cash-for-clunkers program generated almost 700,000 sales in July and August, bolstering carmakers. The program provided up to $4,500 in credits to consumers who traded in an older, inefficient vehicle and bought a new one with better gas mileage.

Given how quickly cars depreciate, it’s not difficult to get upside down in a variety of situations. Many consumers get to this point and don’t even realize it until they try to sell or trade in their car and discover that their loan balance far exceeds the value of the car.

Owing more than your car is worth is not necessarily a problem if you plan to keep the car throughout the period of your loan. But if you need to sell or trade it in, you’ll need to deal with the loan. Here are few options for what to do if you are upside down on a car loan:

Roll your old loan into a new car purchase. Some car dealers will allow you add the unpaid principal of your old car loan into the loan for a new car. You would, in effect, be paying off two loans. As you can imagine, this gets expensive and is not recommended, but if you have no other options then it may be worth exploring.

Refinance your car loan. While many people refinance home loans, not as many know that you can do the same for car loans. If you bought your car a few years ago you might find that interest rates now are much lower and you can save on your monthly payments. Just be sure that your current auto lender allows prepayment of your loan.

Make extra payments. You can pay down your car loan fairly quickly by making larger payments each month, but be sure that your lender has agreed that extra payments will go to pay down the principal owed.

Use a home equity loan to pay off your car loan. If you have access to a home equity line of credit, you can probably pay off your entire car loan at once. The advantage is that you immediately get yourself out from being upside down on your car loan and have 100% ownership. Repaying a home equity loan can also have tax benefits, so check with your accountant.

However, this rule does not necessarily apply if you already have insurance with a carrier. You will often save money by bundling your policies together and keeping them with the same company. If you already have homeowner’s – or renter’s – insurance with a specific company, talk to them about adding your car insurance. In most cases an insurer will provide a significant discount if you keep your additional policy with them. It’s the same concept as buying in bulk: the more you buy, the more you should save.

Once you have gotten the quote from your current insurer, it would pay to continue shopping around. Now that you have one quote to work with, you can compare that to other insurers. If the first few quotes you get are higher than your existing one, then it means you should stay put. But remember, even if you have a policy, shopping around is the best way to get very cheap car insurance quotes. It’s time to go out there and start saving!

The Genesis come in at $36,000 and includes a 368-horsepower V-8 engine and the same sound system found in a Rolls-Royce Phantom. There’s also a base-level Genesis with a V-6 that starts at $30,000.

Hyundai has toned toned its branding on the Genesis. The company’s “flying H” logo appears on the trunk, but not on the hood. So if you squint real hard and view the car from across the street, you might just be fooled into thinking it’s not a Hyundai.

The Hyundai Genesis could be a great deal for those who care about value more than snob appeal. This comparable to a $60,000 sedan, but for half the price. Bargain hunters, your car is here.

Auto sales by the carmaking giant – owner of Mercedes-Benz – decreased by over 23% in the first half of the year to 38.29 billion euro from 50 billion euro in January-June period of 2008.

Daimler sales dropped by about 270,000 vehicles to 732,800 cars in the first half of this year compared to over one million units sold in the corresponding period last year.

Daimler eliminated over 17,000 employees and had 257,000 on staff as of June 30th. At last midyear, Daimler had 275,000 employees.

Mercedes-Benz, which generates over half of the business group’s revenues, registered a decrease of 22.7% in sales in the first half to 19.63 billion euro from 25.41 billion in the same period of past year.

A personal loan is sometimes described as an unsecured loan because it allows you to borrow money without having to provide security against it, such as your home or car.

Instead, an unsecured (or personal) loans provider will base their decision on granting you a personal loan by using your personal credit history. This is verified by a credit check to determine your credit rating.

Personal loans can help you raise money for almost anything you need, from furniture to holidays, or just getting rid of the credit card debt. You’ll be given a lot of options, so it’s very important to shop around especially when you are borrowing small amounts, where interest rates vary widely.

In the world of personal loans, there is a great number of lenders who are willing to borrow you cash for almost any purpose, from fixing your car to paying off your bills. But here’s the thing, it’s very important to shop around, because there may be some lenders who will not give money to anyone under 22, while others will charge significant interest rates, especially if you’re borrowing fairly small amounts.

So you always need to keep in mind that the higher the rate, the more interest you’ll pay on your loan, and if the interest rates rise, so will your payments.

We shall start by defining the term “loans”. Loans are self-help aid funds that one must repay with interest under certain conditions and terms.

When it comes to loans, there is a huge variety of products to choose from and competition is strong – that is if you shop around, you have the opportunity to get an excellent deal. However, before applying for loans, you must know what you are signing up for and it’s very important to be aware of the responsibilities it implies. Borrowing is a serious responsibility and it can affect your future credit rating.

Loans should be simple and easy: you need cash, so you borrow some from a bank. But unfortunately it’s not that easy especially nowadays. When you’re looking for loans, it’s very important to know what you need exactly. There are different types of loans, such as personal loans, car purchase loans, flexible loans, secured loans, home improvement loans, all of which are available at a wide range of lenders at different interest rates.

The lower the interest rate, the less your loan will cost. In order to give you a brief idea, for example, homeowners get lower interest rates, but the loan is secured on their house, so if you fall into arrears, you could end up homeless.

Flexible loans work more like credit cards and enable you to keep borrowing or to pay back large sums when you have plenty of money; car purchase plans make it easy to drive a car, but there’s a big lump payment at the end of the term. Holiday loans need to be paid back within two years, so on.

At the end, I shall give you some pieces of advice that you must follow when it comes to loans: when you’re shopping for loans, it’s important to know what you need; stay in close touch with your lender and always make your loan payments on time in order not to affect your future credit rating.