The Honda brand are some of the most popular and highest selling vehicles available today. It seems that every vehicle they make rates very high with buyers and they have developed a very good reputation. In the late eighties that was not the case. Some of the models had some reliability issues, but still there was a cult following. Since then a remarkable transformation has taken place. The quality has improved greatly and they have slowly invaded the coveted US market with great results. How do they do it?
Honda vehicles have one of the highest reliability factors in the industry. Take the Honda Oddessy for example. This model minivan is always in high demand and you really could not get a deal when it came to price. Because the demand was high, the price stayed high. Still people paid because of the reputation. Today it is usually a shoot out between Toyota and Honda over the most reliable minivan market. Neck in neck is a good sign that there is quality there. Somehow the US automakers failed to realize that and deliver the product that the customers really wanted. Instead they stuck to the tried and true business plan that they have always dominated with in the past. Times are changing, we are firmly entrenched in a global economy. I would have to think that the good folks at Honda figure that one out earlier.
Honda gets points for style and cutting edge design. In today’s market even smaller car companies have figured out that there is an edge to features. Honda has always led the way in giving the market solid cars with good engines and very practical features on the insides.
Honda vehicles are not always the lowest priced vehicles. One reason is that they do not have to be. The financing promotions are not always the greatest either. Lately anything promoting less than 4.9% is very rare. Again the culprit is demand. Families today want value, and value is reliability. People use the Internet to research value and find out they are better off spending a little bit more and getting a better quality vehicle.
Honda is not afraid to take chances and offer something no one has ever seen. Take the Ridgeline Truck series for example. The under the bed storage feature was a first in the industry. Ask any owner if he likes it and they may sit you down for a detailed story of how cool it really is. Another great feature of the truck is that it actually rides great, not like the typical truck. Seats that fold up in the rear give the truck some versatility that was missing in the market for a long time. Having the ability to put ones items in the back cab if it starts raining is a feature that sells itself. Honda proves that listening to their core market buyers pays off. The last feature is that the Ridgeline actually rides like a car. Imagine the fact that you can drive a truck that actually is a pleasure to drive. Ad in all the extra features and you have a vehicle that you will be proud to own.
Honda research is smart, they know their market. For this reason they will continue to dominate and you will see increased growth from this company. Any smart business would be smart to emulate them.
Regardless if you have just recently purchased a new car or are looking to spruce up your old vehicle, adding floor mats can make all the difference. Whether you are purchasing floor mats from a car dealership or a automotive shop, the options are usually large and may be confusing. Generally, there are two main categories of floor mats: rubber floor mats and carper floor mats. When making a decision between the two materials, the choice is generally one of desired look and specific needs.
Rubber floor mats are the better choice for vehicles that do a great deal of hauling materials or people. Look to include rubber floor mats in truck beds or in the rear of vehicles and in trunks. In addition to being much easier to clean than their carpet cousins, rubber floor mats may offer a bit of skid protection, so that items you are hauling are not catapulted from one end of your vehicle to another. Also, if you live in an area of the country that experiences particular messy weather or have a great deal of mud around your home or place of business, you may want to consider rubber floor mats specifically for the clean up potential.
Carpet floors mats are generally designated for cars, although there is no one reason why carpet must be included in cars and vice versa. Generally, carpet floor mats are though to look better, and are often purchased directly from the dealership in a color that matches the interior carpeting of the vehicle. If you purchase carpet floor mats from an automotive store or an outside source other than a dealership, you may have potential problems in matching the color of the floor mat to the color of your interior. In this instance, consider using a coordinating color that will hide stains and clean up easily while looking nice with the interior of your car.
Although carpet floor mats are usually purchased for vehicles designed for transportation instead of hauling purposes, many individuals find them inappropriate. Especially if you have small children or pets, carpet floor mats can become easily dirty and stained with muddy feet or spills. For this reason, consider mats that are topped with a stain protective coating so that spills and liquids puddle on the surface instead of soaking through the mat. Although floor mats are generally the line of protection for the carpet underneath, very few individuals ever let this carpet show and they often look for clear protective vinyl or rubber mats to protect their floor mats. Keep in mind that any floor mat should be secured to the floor to prevent slipping upon entering or exiting the vehicle, especially if the mat is located under the driver’s seat.
Consider using rubber floor mats for their customization options, since many individuals want to create a look especially for their car. These customizations can be anything from a name or nickname emblazoned on the floor mat to a cartoon character or a favorite sports athlete’s number. With the booming customization business involving vehicles of all makes, shapes, and sizes, it is not surprising the customized floor mats have also become a trendy extra for vehicles.
In the end, the choice of rubber or carpet floor mats is completely up to you. Consider first your purposes of the vehicle and then your budget to determine which type of mat will best meet your needs. If budget is a main concern in your choice, turn to the World Wide Web, where you can often find great prices on popular styles and brands of floor mats.
A great advantage of car leasing is the potential to enable people to drive the cars they want, but can’t necessarily afford to buy outright. This alone makes it a very attractive purchasing method for many individuals and start-up businesses wanting to make a positive, professional impression by driving an executive vehicle. Contract hiring also allows people to easily change their cars more frequently than through traditional buying and selling. This means that as well as being able to upgrade as your circumstances or preferences change, it’s also possible to never drive a car that’s more than 3 years old so you can benefit from having the manufacturers warranty to cover maintenance costs and never have the inconvenience or expense of needing to take the car for an MOT.
Off Balance Sheet Funding
Under contract hire, your vehicles do not appear on your company’s balance sheet as they are owned by the contract hire company. The removal of capital assets from your balance sheet can enhance a company’s gearing (borrowing) ratio. Simultaneously, your business image can benefit from employee use of a high specification vehicle. If your business is in a strong financial position at the end of the lease period, you can choose to make the final payment for the outstanding amount of the guaranteed minimum future value determined at the start of the contract and add the vehicle to your assets at that time. If your company will be of more benefit without the ownership of the vehicle, you can return the vehicle and start a new contract on a replacement model of your choosing.
Fixed Monthly Cost
A fixed monthly payment is charged over the life of the contract and the initial up front payment is normally just three month’s rental. This payment is calculated by considering the cost of the vehicle, the anticipated mileage and it’s future value at the end of the hire period. Fixed monthly costs for the period of the contract makes budgeting much easier and you do not have the added worry of unexpected high payment demands. Additionally, more accurate budgeting improves your company’s cash flow allowing flexibility in other margins. Any extra mileage is paid at the conclusion of the lease period, rather than in additional monthly charges. By ensuring employees keep to the agreed mileage limit, there will be no top up fee needed at the end of the contract.
Contract hire has many VAT benefits that can be passed on directly to customers. As contract hire companies are able to claim back the VAT on the purchase price of any new car, once the vehicle is on the road, they can make a claim back of one hundred percent of the VAT on the servicing aspect of the rental price and fifty percent of the finance rental cost. This is a real bonus to businesses, in comparison to vehicles owned directly by the company, which are deemed assets.
Reducing Your Financial Risks
It is essential to manage the risks involved in running a vehicle fleet and by opting for contract hire you are able to do precisely that. Contract Hire enables you to simply pay the monthly fixed rental price and insure and fuel the vehicles. At the end of the lease period, a further lease can be taken out on new, replacement vehicles, reducing the likelihood of any being taken off the road for maintenance as would be ordinarily expected as they age and preventing the need to make good any wear and tear that would be expected with increased age and mileage of a vehicle. This ensures your fleet is always made up of top specification, high performing and excellent condition vehicles.
Contract Hire can be a sound financial decision for a business that requires use of a car or van and the flexibility to regularly change the motor vehicles in use, ensuring a professional image with high quality vehicles always representing the company. Contract Hire is the leasing of a vehicle to a business (usually VAT registered), for a fixed period of time with a pre-defined mileage at a fixed monthly rental. The price is based on the agreement length, estimated mileage and the value of the vehicle once the contract has been completed. Maintenance packages are sometimes included, however suitability will depend on your mileage and general usage of the vehicle.