Car & Automotive

Buy the Car You Loved in High School (Without Losing Your Shirt)

A few decades late, you’ve finally got the cash to buy the car you coveted in high school. You can picture yourself behind the wheel, finally looking really cool. But do you have any idea what you’re getting yourself into?



a man sitting in a car: Here’s how the experts say to make your classic dream car a reality.


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Here’s how the experts say to make your classic dream car a reality.

“I tell people, ‘Cool your heels, you’ve waited this long, find the best one you can,” says John DiPietro, editor for classic car dealer Carroll Street Auto in Manchester, New Hampshire, and former automotive editor at Edmunds.com.

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Nothing about buying your dream car will be easier than buying a new car. For example, most banks usually don’t finance expensive 20-year-old collector cars. You’ll need cash or a really low-interest personal loan. And without special classic car insurance, it’s valued as just another old beater if it gets totaled.

And keep

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Chinese and other tech giants bet on smart car revolution

The electric car sector is becoming increasingly crowded as more tech companies jump on the bandwagon, pushing a radical shake-up of the 138-year-old global auto industry.

Chinese smartphone giant Xiaomi is the latest newcomer in the electric vehicle, race with a plan to invest $10 billion over the next decade. At a March event unveiling the company’s plans, billionaire founder and CEO Lei Jun called the new initiative “the most significant decision in Xiaomi’s history” and said it will require “full efforts for at least five to 10 years.”

Rumors of Xiaomi’s push into carmaking have been around for a while as the world’s third-largest smartphone manufacturer faces growing pressure to find a new source of growth outside the saturated phone market. The initiative reinforces a trend among tech companies to bet on a revolutionary transition to electric vehicles that are increasingly autonomous and connected.

Shortly before Xiaomi’s announcement, Chinese

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Xpeng Stock Reverses After Unveiling First Electric Vehicle Of Its Kind

Xpeng (XPEV) unveiled its P5 electric car, touting it as the world’s first mass-produced EV equipped with lidar sensors. Xpeng stock turned lower.




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The P5 marks the Chinese EV startup’s third production vehicle and second electric sedan. It is “the world’s first production smart EV equipped with automotive-grade LIDAR technology,” Xpeng said in a release.

Some Wall Street analysts regard the emerging Tesla (TSLA) rival as an early leader in autonomous driving.

“Each new Xpeng model aims for a new high in technology, and the P5 is our most advanced and technically ambitious model yet,” said CEO He Xiaopeng.

Lidar technology uses pulsed laser light bouncing off objects to gauge their position, shape and distance. Lidar is expected to become a core self-driving technology, helping driverless vehicles “see” both static and moving objects on the roads, even in challenging weather and lighting conditions.

The

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A Lot More Than A Collectors Car

⚡️ Read the full article on Motorious

Before any of the limited edition Cosworth Vegas were even old enough to collect, automotive journalists were touting the car as one of the most collectible cars ever made. This statement is even more so true today.

Despite the car’s instant collectibility brought on by the extremely limited production, the Chevrolet Cosworth Vega was so much more than just a collectors item. With a light and fierce twin-cam powerhouse under the hood, the car proved that a 1970s American car could be just as nimble as a higher-end import. In fact, in a test between some of Europe’s and Asia’s most celebrated models, the Cosworth Vega accelerated faster, ran through the quarter mile quicker, and tied for the top braking distance.

Chevy truly put all it had into these exciting cars, and as such the Cosworth Vega in a way led the

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