Pictured Above: The Mercedes Benz model set to be built at the U.S. plant in Tuscaloosa, Alabama in 2015. The model is completely new and the fifth official product in the line. The Tuscaloosa plant is also the site where Daimler chose to produce the 2012 M-Class, GL-Class, and R-Class SUVS and is set to produce the revamped C-Class Sedan in early 2014. (by Dylan Roderick, 10/24/11, Autodiscovery.com)
Choosing a Car
For the magazines below which are available full-text on the Alabama Virtual Library, the link takes you to the AVL. Other resources link to the website. If you are a resident of Alabama, you should be able to access AVL resources without a login and password.
It's the age-old question for car buyers: Buy or Lease? Below are some articles and online resources to help guide your decision.
SmartMoney details the PROs and CONs for both and provides questions to ask yourself about the purchase. The calculator allows you to input the specific details of your purchase, and it will generate a recommendation.
"It's a Good Time to Lease" by Jessica Anderson. Kiplinger's Personal Finance, November 2010: 86.
For a given monthly payment consumers can often get a higher-quality car via a lease rather than a purchase. Web sites exist that let consumers prematurely get our of their leases by selling them.
"Ally Financial's New Plan Lets Buyers Sell Back Vehicles" by Steve Finlay. Ward's Dealer Business 1 Dec. 2011.
The program allows consumers to own a vehicle with a fixed rate and payment, but hold an option to sell it to Ally after 48 months at a predetermined rate using residual forecasts.
This database is available for free for all Huntsville-Madison County Public Library card holders. You may access directly if you are using a library computer in one of our twelve branch locations.
To access remotely:
This tutorial demonstrates the features of ChiltonLibrary auto repair database.
Length: 3:12 minutes