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Facts about used car price myths and the value of web-based used cars

  "My car is worth $ 25,800." "I looked up the price of a used car online, and my car is worth 20 grands." I hear quotes like this every day. .. I know ... 80% of car buyers use the internet to research car and used car prices. The internet is perfect for vehicle research! When it comes to car prices, the internet is the worst! It's terrible because the price doesn't reflect the reality of either the buyer or the seller. Car-related websites have caused more confusion than ever: "My car is worth $ 25,800." "I searched the internet for used car prices, and my car is 20 Grand. It's worth it. "I hear quotations like this every day. We hope that our values ​​are genuine for our customers. By “real” I mean a viable number according to market value.As hard as it is to accept, even for me as a dealer, what we think a car is worth, and what it’s actually worth according to “market value” is often drastically different.To find a vehicle’s v...

How Formula E Will Work


Most people have heard of Formula One racing, with its pointy-nosed, open-wheeled race cars. There's also a Formula Two and Formula Three series with similar cars but different rules and regulations. And now, there's Formula E -- with the same pointy nose, the same open-wheel design and a completely different power source.
The "E" is obviously for "electric," and these all-electric cars will be tearing up the street tracks beginning in 2014. According to Formula E, however, the "E" also stands for "exciting, efficiency, environment, and last but not least, a new era." It can also, they say, stand for "entertainment." I think we, the fans, will be the judge of that, thank you very much.

We need to start with just a teensy bit of history to bring everyone up to speed: In 2008, French designer Frederic Vasseur and his company Formulec unveiled the first electric Formula-style race car. Formula E Holdings then bought the technology from Formulec, and Vasseur founded Spark Racing Technology (SRT), a consortium charged with designing the race cars for the series.
The group includes none other than the legendary racecar builders from McLaren. You may know them for their Formula One Vodafone McLaren Mercedes, or you may know the names of some of the many drivers to grace McLaren race seats over the years, like Jensen Button, Lewis Hamilton, Juan Pablo Montoya or even racing legend Ayrton Senna.

Formula E Teams and Tracks

 

As of early 2013, two teams have already stepped up and signed on the dotted line, committing to the inaugural season of the E-Prix, as some are already calling it. (You know, because "E" and "Prix" rhyme in that catchy little phrase.)
The first to sign up was Drayson Racing Technologies. They've already announced they'll be using the SRT cars provided by FEH for the 2014 season; however, they're developing their own race car for the 2015 season in conjunction with another racing powerhouse, Lola. In fact, a prototype of their joint effort has already set an electric record at the 2012 Goodwood Festival of Speed in the United Kingdom.

Lots More Information

Author's Note: How Formula E Will Work

You know what's really weird about electric races? They're quiet. Chirping-crickets quiet.
I've been to lots of electric-powered races, oddly enough. I've been to drag races and time trials. I've seen professionally built team cars and home-built conversions take to the track, too. I've seen record-setting motorcycles and puttering electrical embarrassments, and they're all (every one of them) silent but for the sound of tires on the pavement. Sometimes there's a whirr -- if you're lucky.
So a whole field of 10 Formula E cars circling the track at the same time is going to require some adjustment on the part of the spectators. I guess we're all going to have to do our part to make some noise, because the race cars just ain't gonna do it for us this time.

Sources

  • Federation Internationale de l'Automobile. "China Racing Becomes Second Formula E Team." Feb. 13, 2013. (March 13, 2013) http://www.fia.com/news/china-racing-becomes-second-formula-e-team
  • Formula E Holdings. (March 6, 2013) http://www.formulaeholdings.com/
  • Formula E News. "The Official Formula E Blog." (March 6, 2013) http://formula-e-news.com/official-media/
  • Formula E News. "Specs." (March 13, 2013) http://formula-e-news.com/specs-fe01/
  • Lola. "Motorsport: Race Cars and Projects." (March 13, 2013) http://www.lolacars.com/race_cars_projects.asp
  • NEDRA. "About NEDRA." (March 13, 2013) http://www.nedra.com/about_us.html
  • TTXGP. (March 13, 2013) http://www.egrandprix.com/
  • How Stuff Works

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