Thinking of Buying A New or Second-hand Car?

The price of cars is falling fast and there are great deals to be had on second-hand cars. Some dealers are even selling second-hand cars below cost as they try to reduce their bank borrowings. There has never been a better time than the present to buy a new car because the supply far exceeds demand.
This is mainly due to that notorious credit crunch where potential car buyers just cannot get credit from the finance companies. Although the price of petrol has fallen, and interest rates are well down, the vast population is still not in a buying mood.

Now might be a good time to research the alternative type of cars we are likely to see in the future. Maybe it's time to start thinking about moving away from our dependence on petrol as the price of oil is as volatile as the product itself.  A new audio book entitled Zoom has recently been released and is well worth listening to.

ZOOM takes readers inside the global race to build the car of the future, as pioneers in Japan, India, China, and the USA tackle the challenge of creating automobiles that will run on cleaner energy sources. As the authors succinctly write: "Oil is the problem. Cars are the solution." We are living in the midst of a Great Awakening in which environmentalists, entrepreneurs, and political leaders are forming new alliances to end our addiction to oil and create new technologies. The days of Big Oil and Big Auto are numbered, according to the authors, who show how we are in the midst of a major transformation from carbon-based energy sources to new fuels and technologies.

ZOOM traces the history of the linked industries of oil and automobiles, the "industry of industries," and how the two have shaped domestic capitalism and the international landscape, creating both progress and peril. They explain how Toyota vanquished American competitors to become the world's largest automobile manufacturer and, more importantly, a leader in hybrid cars using electric power. They take us into the boardrooms of oil executives and show how some are boldly exploring new energy sources while others deny the dangers posed by oil and risk extinction. We meet the Thomas Edison of the 21st century, a legendary inventor whose revolutionary work is already having a positive impact on the environment and the economy.