As featured in The Wall Street Journal, Money Magazine, and more!

Search: chevrolet


As gas prices increase, you can save some money by buying a more environmentally friendly vehicles. That may only be true when evaluating the cost of gas over time, however. Hybrid and other cars that rely on energy sources other than gasoline may cost more to own over the long-term when you consider the initial price of the car and the cost of maintenance.

Eventually, it is quite possible that green cars will be less costly to own than gasoline-based cars, but that time is not here yet. While you can certainly save money in the cost of gas over time when compared to a comparable car, money is a poor reason for choosing to buy green.

So why buy green at all? If you believe that it is important to do less damage to the environment, you may be willing to pay a little extra in order to achieve that goal. Just buying a more fuel-efficient vehicle is only part of the answer; in fact, many people will point out that in some cases buying green, due to the manufacturing process, can be more damaging overall.

However, as more people become interested in green technology, it will become more affordable for businesses to research, develop and improve this technology. Eventually, with enough momentum, green technology will be more affordable and more effective.

Kelley Blue Book has announced their choices for the top ten green cars of 2010. Here is how the editors explain their methodology:

While it would have been simple just to have ticked off the Top 10 vehicles in fuel efficiency and let it go at that, we again sought out a variety of vehicle types because not everyone who wants to get greener will have their transportation needs met by a small sedan. To be considered for the green Top 10, each vehicle was required to offer fuel economy and CO2 emissions superior to the bulk of vehicles in its class and at the same time provide all the safety, creature comforts and driving enjoyment that would make it pleasant to own.

Here is the list:

  1. 2010 Chevrolet Tahoe Hybrid: 22 mpg (21 city, 22 highway)
  2. 2010 Toyota Highlander Hybrid: 26 mpg (27 city, 25 highway)
  3. 2010 BMW 335d: 27 mpg (23 city, 36 highway)
  4. 2010 Honda Fit: 31 mpg (28 city, 35 highway)
  5. 2010 Ford Escape Hybrid: 32 mpg (34 city, 31 highway)
  6. 2010 MINI Cooper: 32 mpg (28 city, 37 highway)
  7. 2010 Volkswagen Golf TDI: 34 mpg (30 city, 42 highway)
  8. 2010 Ford Fusion Hybrid: 39 mpg (41 city, 36 highway)
  9. 2010 Honda Insight: 41 mpg (40 city, 43 highway)
  10. 2010 Toyota Prius: 50 mpg (51 city, 48 highway)

My 2004 Honda Civic LX, not a hybrid model, is approaching 120,000 miles, so I still have several years before I’ll need to replace it. When you replace your current car, what will you purchase?

{ 11 comments }

The latest issue of Money Magazine shares a list of one hundred tips for dealing with your money, from investing in stocks and locating a deal on a house to maintaining sanity on flights and feeling superior to Nicholas Cage. Ignoring the investment-related ideas for the moment, there are a number of good suggestions.

Here are some of the more interesting bits I am taking away from the feature.

The editors of Money Magazine chose Ally Bank as the best savings account. Here are my choices, always updated. Ally offers competitive interest rates. I have an account and have not yet had any problems, but it’s worthwhile to read customer reviews of Ally Bank submitted in the comments.

I buy generic and store brands for certain products. Like me, Money Magazine suggests saving a significant percentage by buying store brand versions of over-the-counter pain relievers, clothes, and batteries. Money Magazine also suggests buying store brand televisions, but I’ve seen major quality differences. Perhaps I’m too picky in this one area.

Based on the price-to-rent ratio, Honolulu is the best place to rent right now. Other cities round out the top five: San Francisco; Bridgeport, Connecticut; Portland, Oregon; and Seattle.

Also in real estate, the magazine offers three tips for negotiating lower Realtor commissions while selling your house. Don’t blindly accept six percent. Ask for five percent, offer to work with the agent in the future if he or she offers you a break now, or imply you’re ready to sell your house on your own.

In Money Magazine’s suggestions for teaching children how to manage credit>, they did not mention the best lesson possible: avoid credit whenever possible. But the “abstinence-only” is hardly a full education; we must recognize that kids will eventually “do it” with credit cards and should know how to use them safely and avoid bringing interest fees into this world.

Eliminate cable television and replace it with PlayOn for $40 (plus the cost of a device you may or may not already own). Replace your landline telephone service with Vonage. I’m doing fine without a landline or voice over IP. My cell phone handles all my calls, but as a single guy, I have no need for a “family” contact number.

Several of the 100 tips are reserved for the list of the best locations for retirement for those who don’t like paying taxes. Here are the cities at the top of the list: Lewes, Delaware; Fairhope, Alaska; Sioux Falls, South Dakota; Austin, Texas; and Henderson, Nevada. I’m surprised that the editors did not consider retiring abroad.

Three tips are dedicated to helping you negotiate a raise. Unfortunately, these tactics won’t be applicable to everyone. If you are able to quantify cost savings, if you are carrying the work load of two people, or you are getting offers from other companies, you have some leverage.

The editors of Money Magazine want you to buy a Chevrolet Camaro SS V8 if you want to have fun while driving. My Honda Civic is approaching 120,000 miles and I’m starting to plan for having a more exciting ride a few years down the road.

Want to get customer satisfaction? Threaten to create a song about your bad experience and upload it to Youtube. A bad reputation can grow like a virus.

Read Money Magazine’s 100 tips for the best money moves here.

{ 34 comments }

When Consumer Reports tests new cars, their staff shop just like consumers. They stop into dealerships and buy cars without giving any indication they intend to test the cars for a major magazine. Rather than receiving specially tuned or improved vehicles, the magazine takes to its test center the same cars ordinary shoppers would buy.

Testing involves both subjective and objective evaluations. Consumer Reports offers a number of short videos explaining their testing methods. featuring their 327-acre facilities. Here’s their explanation of how they test acceleration:

For the first time in six years, two American brands appear on the list of best cars of 2010. The typical criticism of Consumer Reports is that the subscribers overall tend to be more liberal than the “average American,” and this results in a favoring of cars built by foreign-owned companies. For the reliability portion of the ratings of new cars, Consumer Reports relies on subscriber-submitted reports of problems.

It seems to me that if subscribers are in fact more liberal, and there is some kind of correlation between liberalism and ownership of foreign brand cars, there are more opportunities for subscribers to report problems with the cars they own. This should lead to an overstatement of the occurrence of problems in foreign brands and an understatement of problems in domestic brands.

If there is a flaw in my logic, I’m sure someone will point it out.

Here are Consumer Reports’ picks for the best cars of 2010:

Family Sedan Nissan Altima
Small Sedan Hyundai Elantra SE
Sporty Car Volkswagen GTI
Small SUV Subaru Forester
Best Car Overall Lexus LS 460L
Family SUV Chevrolet Traverse
Sports Sedan Infiniti G37
Family Hauler Mazda5
Green Car Toyota Prius
Pickup Truck Chevrolet Silverado 1500

Do you own or plan to own any of these 2010 models? Let us know if you’re happy with your purchase.

Top Picks, Consumer Reports, April 2010
Additional photo: Dr. Keats

{ 28 comments }

The American Council for an Energy-Efficient Economy (ACEEE) recently released an updated list of the twelve greenest cars of 2010. The council rates each car with a score, with higher scores going to those cars produce less pollution and are more fuel efficient, resulting in lower energy consumption and carbon dioxide emissions.

Here are the top twelve greenest cars of 2010.

  1. Honda Civic GX automatic transmission, compressed natural gas
  2. Toyota Prius automatic transmission
  3. Honda Civic Hybrid automatic transmission
  4. Smart Fortwo Convertible/Coupe manual transmission
  5. Honda Insight manual transmission
  6. Ford Fusion Hybrid / Mercury Milan Hybrid automatic transmission
  7. Toyota Yaris manual transmission
  8. Nissan Altima Hybrid automatic transmission
  9. Mini Cooper manual transmission
  10. Chevrolet Cobalt XFE / Pontiac G5 XFE manual transmission
  11. Hyundai Accent Blue manual transmission
  12. Honda Fit automatic transmission

When shopping for a car, do you consider your effect to the environment? Most personal finance advice will guide someone to the best car for the available money or the car that is the least expensive to own. New, cleaner technology is often more expensive. Is being green a “luxury?”

American Council for an Energy-Efficient Economy, January 19, 2010
Photo credit: Daquella manera

{ 17 comments }

Kelley Blue Book’s Best Resale Value Cars

by Flexo

A reached another milestone earlier this week. My 2004 Honda Civic, which I purchased new in June 2004, passed 111,111 miles, after passing 100,000 in March. The car runs wonderfully still, as I expected it would years ago when I purchased it, and I don’t intend on selling it for a while, if at all. ... Continue reading this article…

4 comments Read the full article →

The Best American Cars of 2009

by Flexo

Consumer Reports leaves little to the imagination when in the April issue, the editors state emphatically, “The best vehicles are built by Honda, Subaru, and Toyota.” Yet, if you are feeling patriotic, you want to single-handedly save an entire domestic industry, you’re not worried about future service from a company that may no longer exist, ... Continue reading this article…

7 comments Read the full article →

Some Surprises in Consumer Reports’ Top 10 Cars for 2008

by Flexo

Consumer Reports published their latest top picks for the best cars of 2008, and some of the selections may surprise faithful followers of the magazine. Here’s the list. Green car: Toyota Prius. This was the same selection as last year, so there’s no surprise here. A co-worker who owns a Honda Fit, who’s happy with ... Continue reading this article…

19 comments Read the full article →

A Car’s Resale Value: Does it Matter?

by Flexo

When I purchased my Honda Civic a few years ago, I chose this particular car because it was economical and reliable. I knew that Civics hold their value well, but I wasn’t planning on selling the car for many years. Kelley Blue Book recently announced their awards for best resale value. If you need a ... Continue reading this article…

14 comments Read the full article →
Page 1 of 212