My 2004 STi on 100octane, 21psi. 415AWHP and 380 torque.

Selling a car has become easy thanks to the internet. Techniques for advertisement of a car have undergone a sea change. There are many avenues to promote and sell cars such as the traditional and the new technology like television and internet.

Internet has changed way the new car market and used car market functions.  The change has been noticed in the benefits noted by individual used car sellers.  Buyers/sellers help get a more independent platform.  There are still the traditional franchisees and dealers who will help sell a car. Multi-franchisee setup is also gaining ground nowadays with ideas like ‘Carnation’ floated by Jagadish Khattar, former chairman of Maruti Udyog limited.

The traditional approach involves a procedure where a customer walks into a car dealership, is attended to by a salesman and finalises the deal based on price quoted by the dealer.

In the new approach – shoppers get an opportunity to rear car review, see photos, experiment with desired colours and accessories and get price quotes all on the internet.

For used car seller internet proves to be a boon in disguise. Not only is the internet route fast, easy, but it is also aimed to save money.  Sellers can advertise on the internet that can help sell your car easily, than it was possible a few years ago.  But there are certain phrases that car buyers need to look out for while buying used cars. These phrases explain the differences in condition of the cars.

Mint : This usually means showroom condition. It also means that the car has very little flaws. It has been well maintained and has not been modified at all. There are no visible sign of wear and tear.  The new owner can take possession of the car, without any necessity to take it to a mechanic. All major equipments in the car are in excellent shape.

Excellent Condition: This means that the car has few flaws. Most of them are minor flaws which can be overlooked if needed. It can also mean that it has undergone modification which can be reversed if needed. There is no need for immediate repairs or changes.

Good Condition: This vehicle may have certain cosmetic flaws, but nothing that disturbs the structure and performance of the car. The vehicle has undergone all major servicing but minor services could have been left undone. In this case it is important to ask for all servicing receipts. The owner could have skipped a couple of maintenance schedule. However, there are no damages to major car equipments. The car could have structural modifications which enhances its looks. When cars are advertised in this category, the buyer should note that all car services are recent.

Fair Condition: This sign means that the car has definite noticeable flaws, including minor structural damages. The paint, lighting may have some visible flows that can be rectified. However, none of these will affect the reliability and performance of the car.  The servicing may have been erratic and there be structural changes on the car. However, minor servicing can get it back to shape.

As is where is basis: This signifies that the car could have undergone an accident or a permanent damage.  The car many not be in a running condition, but can be facelifted with some major servicing (which involves huge expenses).  Some major equipment is permanently damaged and may be required to be replaced.

For Parts: This type of vehicle is completely damaged and cannot be driven. The repairs would cost more than the resale value and hence it is put up for scrap. The two words convey that most parts, including vital equipments of the car are completely damaged and cannot be replaced.

These phrases are popular among car dealers, but many individuals may not be able to make the fine distinguish between these words.  The seller should not forget to mention important car details like year of manufacture, colour, distance covered, mileage and changes made to the original car.

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How to do loan modification with some top lenders in Nevada?

      In this article, I am suggesting ways and means to talk, handle and finally negotiate a loan modification with your lenders.  These are time tested tricks, and procedure which people who does not want to hire an attorney, can use and be successful. I am not saying that you should not hire a licensed attorney, and by all means should hire a Nevada attorney but I am saying that if you are so hard pressed but otherwise feel capable of doing your own loan modification and like to sail through this troubled tsunami, then have my blessings and read the following pearls of wisdom.

     First with Countrywide, there are some important steps you need to take. Countrywide has made a settlement with State Attorney General of Nevada to do loan modifications. Countrywide, a rule of caution for everyone, is one of the most crooked bank of USA. Yes, close to the savings bank debacle of the 80’s. If one institution had single handedly destroyed the American fabric and American Home Dream, this is the one. What does Countrywide Bank need to see from you in order to approve your loan modification application? Here are some of the items you will need to prepare and submit with your application:

Hardship Letter-a brief explanation detailing the circumstances that caused you to become delinquent, explain how you have tried to remedy the situation and tell the lender about your plan to get back on track and stay there Recent Income documents: pay stubs, W2, benefit statements, unemployment Bank statements and Tax returns for last 2 years Complete & accurate financial statements

     How all of these documents are prepared and presented to Countrywide loss mitigation department can make the difference between getting your loan modified to an affordable payment or being denied. A little up-front knowledge and preparation will give you the fighting chance you need to save your home with a loan workout. Once you know what Countrywide Bank is looking for in an acceptable loan modification application, you will be able to present your case in the best possible light to get an approval.

    First, send them an authorization, if some third party is handling your case like an attorney. Then, wait a few days, and send them a hardship letter. Please see my blog for writing a hardship letter. Then just give them basic financial information about your mortgage, expenses, and income. A rule of caution, don’t give them all the details, so in case you need to change down the road, you can do that. Try some intelligence with them. Don’t beg them. Tell them that they had done something wrong. Not a single day passes, when Countrywide does not settle with someone the ongoing litigation.

Here are 7 Tips that will help you get your loan modification application approved:

   Tip #1: You should know the lenders guidelines for approval before you even send your documentation.  Wells Fargo is strict about all these guidelines, and your case would be unnecessarily delayed, if some of your documents are missing.

   Tip #2: Make a financial statements which can show all your income and expenses, and that you are trying to cut down your expenses, and in fact, balancing your budget and expenses. Eliminate all the unnecessary expenses like cable tv, cell phone bill, extra car sitting in garage for long time, including of course sending in-laws back to their original home.

   Tip #3: Write a convincing letter explaining your circumstances about your hardship situation. I have given some templates. Use them extensively with some revision. Sooner, I am going to write more about different economic hardship situation.

   Tip #4 Substantiate your economic hardship with supporting documents. Each fact should be corroborated with documentary evidence.

  Tip #5: Calculate your monthly mortgage payment yourself, and prepare yourself, if you can live with it because this is the payment you are going to pay for the next 30 years or so.

  Tip #6: Take your time and complete the required loan modification application forms. Call the lenders to find out if they had received all the papers.

  Tip #7: Submit a complete, accurate and acceptable application that meets the Wells Fargo loan modification program guidelines. Remember, if you are missing on any of these documentation, you are losing valuable time.

When you call the lenders on phone, make sure you plan to stay longer period of time, and also to be very polite with the representatives. Make sure you get their name, and write on your journal with time and date, and the result of the conversation.

LANDMARK ALTERATIONS, AND PHOTO REDESIGNING ,NOT PERFECT BUT GIVE IT A WHIRL

Dyno videos of miataturbo.net dyno day #4, 4/5/08. Shakedown run of newer TT setup, with “larger” Garrett GT1548’s. Not ideal fuel map, leaky PCV, and a loose nut or two. Fab done by shoremotorsports.com

The importance of having transactions that involve loans modification cannot be emphasized enough. Our enjoyment of different things such as vehicles and homes without paying its full-price is made possible through loans and mortgages. While these things allow for deferred payments, missing these payments could ultimately lead to foreclosure, causing us to lose the car or house that we have so long associated with our lives. Consulting to have the payment terms of your loans changed allows you to make monthly payments adjusted to your own peculiar financial status and specific circumstances. The following are three things you should not neglect to ask about these things.

In loans modification, ask if there can be a reduction of the interest rate. This rate is the value that augments the monthly payments that you pay to the bank or lender. Therefore, the lower the interest rate, the less you have to pay for the monthly due payments. This would mean that you could better manage your household finances with the saved money. Paying more or paying less with your monthly loan payments will not affect your use of the loaned car or house. Lenders only have problems with non-paying borrowers, and not borrowers who asked to pay less than their usual computed dues.

Another thing to request is the reduction of the principal. This value corresponds to the whole cost of the loan that you were given. The principal then is modified by the interest rate, and depending on the duration given to you to wholly pay back the loan, the amount is divided into small monthly payments. But these small payments before may not appear to be so small today. Reducing the principal means that you would have less to overall, and this would beneficial to you. The advantage to the lender is that they would in the end save more, reducing your principal a little rather than foreclosing your property due to non-payment of debts.

Forgiveness or remission of debts should not be forgotten to be asked. This relates to previous debts that you may have missed or not paid. This would greatly help you to catch up on your current debt payments. Otherwise, you may end up flooded by late debts, and this would eventually add up to financial distress and delinquency. Lenders don’t want you to be delinquent, and as much as possible as they want to profit, they also want you to be able to keep up with your payments. Remember these things whenever you ask for loans modification; these would lessen your problems. 

CNMRACERS.COM AT THE DYNO AT GTR HIPERFORMANCE. A COUPLE OF VIDEOS I RECORDED OF SOME OF THE FORUM. MINE IS THE: 03 GT I DYNOED 253RWHP AND 290RWTQ