(BPT) -  Car buying - It's crucial to know how to navigate what can be an overwhelming and exhausting process.

“USAA helps members find, finance and insure vehicles that are right for their personal needs and financial goals,” says Heather Pollard, vice president of Auto Experience at USAA. “We want to avoid you ever having to regret your purchase decision, or worse, lead to financial hardships where you can no longer afford to keep your vehicle.”

If you are one of the millions of Americans looking to buy a car, here are the five things you need to know before you step foot on a dealer’s lot.

Know what you can afford.

The first and most important question to answer before launching into the car-buying process is “how much can I afford?” Figuring this out will help you determine whether you are in the market for a new or used vehicle. A good starting point is to use 15-18 percent of your take-home pay as a gauge for your total vehicle budget including the loan, insurance, gas and maintenance.

Next decision, how will you pay for it? There are numerous ways to manage the financial burden for purchasing a new car, including taking out a loan. If you have decided to go the loan route, determine how much you can afford in monthly payments. Banks or another financial institution might offer lower interest rates than a car dealer. Aim to pay off the loan within three to five years.

“Get pre-approved for an auto loan amount and interest rate so you know where you stand before you begin shopping,” says Renée Horne, vice president of Consumer Lending at USAA Bank. “Look for low loan rates and flexible terms to fit your budget needs versus being steered by dealers into a decision solely based on monthly payment, which often results in paying more in interest for the overall loan term.”

Another idea is to sell or trade in your new graduate’s current vehicle. If you plan to do this, factor in the cash value of that car and then add your planned down payment, typically 15-20 percent. You can use online tools such as USAA’s Auto Loan Calculator to get an estimate of what the end price tag will be.

Determine the total cost of ownership.

It is important to understand the total cost of ownership before surprising your graduate with the car of their dreams. Everything from gas to auto insurance will be an extra expense added on to the monthly cost for a new or used car and something everyone in the family needs to consider.

When receiving an auto insurance quote, note that collision and comprehensive coverage generally cost less for used cars. If purchasing an older car, consider getting pricing for Extended Vehicle Protection coverage before you go to the dealer.

Keep an open mind.

Once you have established what you can afford and the total cost of ownership, it is time to discover what features and styles you or your teen want in a car. Prioritize a list of the features you would like to see. For the teen in your life, safety is usually at the top. Next, assess how much they will be using this car and what for. Are they commuting to school or a job? Remember to keep an open mind and be flexible — stay open to two or three models that would meet your teen driver’s needs and your or their budget.

Do your research.

Everyone can agree that dealerships can be overwhelming and intimidating. Research your market first. Try the USAA Car Buying Service to see what’s out there and find vehicles that come with exclusive member discounts.

If you are looking into the used car market, always run a background check. You can get a vehicle history report from Carfax, which can help verify ownership history, mileage and accident history. Also, make sure the used vehicle has never been salvaged by entering the vehicle identification number into the National Insurance Crime Bureau’s system.

Go for a test drive.

After picking out a few of your top favorites, it is time to see how the car operates on the real road. Hit the highway to properly gauge a car’s performance, and inspect the car for mileage, tread, etc. If possible, run the car by a trusted mechanic for an under-the-hood inspection to forecast longevity and maintenance needs. Remember, factory warranties usually transfer depending on the mileage.

(BPT) - The auto salvage industry is more popular than ever. While automotive prices rise, so does the difficulty in finding a good deal on a vehicle, and yet, many are still misinformed about what a salvage car truly is. Automotive consumers have been misled to believe that a salvage car, scrap car, junk car and total loss vehicle are one in the same. As a result, many consumers are not aware of the value that the auto salvage industry has to offer.

What is auto salvage

Cars that are categorized as salvage come in all makes, models, conditions and mileage, but what does auto salvage really mean? The term auto salvage is quite simply the state of the car’s title, and it refers to vehicles that have been characterized by insurance companies, adjusters and the states as damaged in some way. The term “salvage” is generically used negatively; however, a salvaged vehicle does not necessarily imply that it cannot be rebuilt, repaired or safely driven again. In fact, many salvaged vehicles are cars that have undergone minimal aesthetic damage, and rebuilt or repaired vehicles are specifically required to pass a special inspection before they can legally be released for the open road.

Alternatively, a total loss vehicle is not a type of title, but it is a type of salvage vehicle. A total loss vehicle occurs when the insured property is totally destroyed or damaged in a way that cannot be repaired or recovered for future use. It is important to understand the difference in order to truly appreciate how the auto salvage industry operates — this also enables buyers and sellers to make smart choices.

The auto salvage industry

From the early days of automobiles, automotive recycling has developed into a refined and technology-driven industry. It is valuable as a consumer to understand that the auto salvage industry is really the automotive recycling industry. The primary focus of all entities within the industry is to repurpose, reuse and retain the value of all things automotive, and find a new life for the vehicle or components of the vehicle.

The auto salvage industry is a thriving part of the automotive supply chain. Automotive recycling as a whole represents over $32 billion in sales annually, and the industry employs over 140,000 employees in the U.S. alone. In addition to the critical role that the auto salvage industry plays in the automotive supply chain, automotive recyclers play a valuable role in the environmentally-friendly process of dismantling, recycling or repurposing of motor vehicles. Buying and selling a salvaged vehicle is not only more cost efficient, it also preserves natural resources and significantly reduces pollution and the demand for landfill space.

Title

Buyers and sellers of salvaged vehicles can sleep soundly knowing that all title discrepancies must always be announced during the transfer of a vehicle. This is including, but not limited to, mileage, salvage, theft, recovery, stolen vehicle, buybacks and more. Insurance transfers also require full disclosure, and by law, titles will always be changed to reflect the vehicle's true status. Remember to be a smart buyer and check your state for the different title types and what they mean.

Copart

All buyers and sellers should take it upon themselves to fully understand vehicle history and title status before offering to buy and sell cars. If you are looking to buy and sell a salvage title vehicle, Copart.com exceeds all expectations and demands. Copart, Inc., a leader in live online salvage and insurance auto auctions, is a publicly traded and reputable company with a dependable global footprint. Copart has grown into the premier online destination for quality vehicles that links buyers and sellers all around the world.
The salvage auto industry is more popular than ever before, and Copart.com makes it more convenient than ever before to access thousands of vehicles.

Towing
Fortunately for car sellers, the costliest hidden fee when selling a vehicle is also the easiest to avoid. While it is no longer common for car buying companies to expect a seller to facilitate towing arrangements, it does occur. Towing can add up to $100 or more in additional deductions depending on where the buying company is located. Additionally, many buying companies cannot accommodate vehicles outside of cars, SUVs, vans and trucks.


Liquids

Many scrap and junk car buyers require a seller to empty a car's gas tank before they will send a towing service for collection, and if a seller fails to do so, it can result in a charge upwards of $50. A $50 deduction can make a significant dent in your overall profit, and draining a gas tank can be timely and incredibly dangerous if a seller does not have previous experience or has not been given proper direction.


Car detailing

Car buying companies take into account the condition of a car's interior when generating a buying price for a seller, but do not typically communicate that the state of the interior, down to cleanliness, could have an effect on the final offer to a seller. While a seller should ideally take care of a car's exterior and interior on a routine basis, they should also be aware of hidden deductions that could arise from a lack in communication from a buyer.


Paperwork

While many car buying companies claim to manage paperwork for a car seller, it is not unlikely for a small "document transfer" fee to be removed from a seller's original offer upon transaction for the car. Before accepting a quote from a car buyer, a seller must guarantee that they will do the heavy lifting regarding paperwork and ensure that no additional fees will be taken out of the original quote. Additionally, car buying companies have been known to buy cars without a title present, and while this is convenient for the seller, it can also lead to reputation management problems farther down the road.


Protecting yourself as a car seller

While selling a vehicle for cash can result in a headache, it doesn't have to be a painful experience with the right information and research. If you are a car seller looking for a car buying company that is fast, easy and transparent, CashForCars.com exceeds all demands. CashForCars.com is a car acquisition division of Copart, Inc., a publicly traded and reputable company with a dependable local footprint. CashForCars.com purchases vehicles directly from the public, offering free towing, clean paperwork transfer and exemplary customer service with no hidden fees, hidden charges on towing, or out-of-pocket expenses. The CashForCars.com team answers the calls of vehicle sellers looking to sell their cars, truck, SUVs, boats or RVs, and guides them through the quick and painless process while diligently working to guarantee that an honest reputation is preserved as the main priority.


The CashForCars.com business model is built around saving customers the hassle of selling a car in a traditional way, and has over 160 locations across the U.S. to ensure that a driver will be able to pick up your vehicle in as little as 24 hours - sometimes the same day! Backed by over 30 years in the car buying business, CashForCars.com diligently works to stay up-to-date on vehicle pricing by incorporating market trends, damage levels and comparable model prices to ensure that each customer is presented with the best available offer.

(BPT) - Need help finding the perfect vehicle? If you're in the market for a new car or truck, consider purchasing one you can make your own. While just about any vehicle can be transformed with a few simple products, there are certain makes and models that are more accessory-friendly than others.

To find out which vehicles those are, car shoppers can look to the winners of the SEMA Award before making their purchase. Presented annually by the Specialty Equipment Market Association, a trade association representing the automotive customization industry, the SEMA Award is given to vehicles that can easily and affordably be improved to better fit your needs.

"The SEMA Award recognizes vehicle models that specialty-equipment manufacturers believe are the best platforms for the newest and most innovative products," says Chris Kersting, president and CEO for SEMA. A variety of different products such as seat covers, wheels, tires, suspension and exhaust can all make for a simple yet immense difference on your new ride. Here are this year's SEMA Award winners:

Hottest Car: Ford Mustang

The iconic Mustang took home the Award for Hottest Car, which is no surprise considering it is one of the most popular cars for vehicle enhancement. Whether you're adding LED headlights or a new exhaust system, both the appearance and performance can easily be upgraded on the Ford Mustang. On and off the track, this vehicle continues to be reliable, customizable and in high demand among consumers today.

Hottest Truck: Ford F-Series

One of the most popular selling lines of trucks on the market is the Ford F-Series. Because of its unlimited versatility, the F-Series is the winner of the SEMA Award for Hottest Truck. Everything from tonneau covers to protect the bed, running boards for easy access or a new air intake system for instant power gains can be upgraded, transforming your truck into a bold, new ride.

Hottest 4X4/SUV: Jeep Wrangler

As the defending champion of the hottest 4X4/SUV, the Jeep Wrangler wins its sixth SEMA Award. There are a number of different ways to turn your Wrangler into the ultimate off-road ride or just personalize it as your everyday vehicle. If you're ready to hit the trails, consider a lift kit and purchasing off-road or all-terrain tires. Ramp up that rugged look while protecting the exterior with hood mounts, fender flares or rock sliders. As an enthusiast favorite in the off-road community, the Wrangler is known for its durability, unique styling and ability to be personalized in a way completely unique to you.

Hottest Sport Compact: Ford Focus

Ford vehicles are known for being accessory friendly, so it is no surprise that the Ford Focus was named the winner of the Hottest Sport Compact. As the industry continues to grow, more and more accessories are becoming available for this market segment. Whether it's a body kit, wheel/tire package or suspension and steering systems, your Ford Focus can easily be transformed into the ultimate tuner ride.

The SEMA Award is intended to guide consumers towards the hottest trending and most accessory-friendly vehicles on the road. Consumers spend nearly $36 billion a year on products and accessories to enhance the performance and styling of today's vehicles, according to SEMA. Winners were selected by exhibiting manufacturers at the 2015 SEMA Show, the world's premier automotive specialty equipment trade event where the newest and most innovative products are introduced each year. To learn more about the 2015 SEMA Award winners, visit www.semashow.com/semaaward.

(BPT) - Buying a new car to reduce your carbon footprint seems logical. But surprisingly, keeping the vehicle already in your garage, or replacing it with a more fuel efficient used car may be a greener choice. That’s because it takes a lot of energy and raw materials to manufacture a new vehicle. "It varies between models, but it is reasonable to estimate building a new $30,000 midsize car will generate greenhouse gases that are the equivalent of 14 metric tons of CO2," says RockAuto.com Vice President, Tom Taylor.

The average car on the road is about 11 years old. EPA data shows that vehicles (cars and trucks) built in 2005, on average, emit 447 grams of CO2 per mile. A 2016 vehicle is expected to generate about 90 grams less than that every mile. Producing less CO2 is good, but it would take more than 150,000 miles of driving for that 90 grams in CO2 savings to add up and compensate for the 14,000 kg (14 metric tons of CO2) it took to build the new car. Especially for someone who does not drive a lot, it could be greener to just keep a well maintained older vehicle than to build a new one.

How much do you save with an electric car?

Electric cars do not have tailpipes, but an electric car is still on the hook for "upstream CO2" emitted by the utility which provides the electricity for the car. The EPA estimates upstream CO2 is around 100 grams per mile for most electric vehicles. That is a whopping 347 grams less than what is produced by the average vehicle built in 2005, but it would still take over 40,000 miles of driving before the electric car saved enough CO2 to cover the greenhouse gas cost of building it in the first place.

The environmental cost of servicing older cars

What about the CO2 equivalent discharged while making parts to fix an older car? Brake pads, struts, tires and other parts wear out as the miles pile up. Fortunately, unless the vehicle is involved in an accident, the structure that makes up most of a car will never need to be replaced.

Many smaller parts like alternators and major parts like engines and transmissions can be remanufactured. Remanufacturing means only the components that experience wear are replaced. Metal housings and other major pieces can be cleaned, refinished and reused. "Remanufacturing saves more than 80 percent of the energy and raw materials required to build a new part from scratch," Taylor says. Less energy and materials means less CO2.

Car manufacturers are using more recycled materials and updating factories to use less energy. Government mandates require future vehicles become increasingly more fuel efficient. "Upstream CO2" may decline as utility companies find new, greener ways to generate electricity. Nevertheless, keeping your current car well maintained or buying a more fuel efficient used car are currently great choices if you want to be green.