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Cars That’ll Cost You the Most in the Long Run

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For each year that you own a car, you can expect to spend more and more on maintenance costs. This isn’t unique to certain vehicles; it’s just the reality of being a car owner. However, there are some cars that take this notion a bit too far. These cars include:

·      BMW

·      Mercedes

·      Audi

·      Cadillac

For some of these cars, the logic is easy; foreign-made cars are more expensive to maintain because they require specialized parts. Other cars don’t have the luxury of this excuse. Continue reading more to learn more about what cars will cost you in the long run and how you can make the car-buying decision that’s right for you.

What Makes a Car Expensive to Maintain?

Before we get into specifics about which cars are costly, here are some things that could increase the money you spend over your vehicle’s lifetime:

Foreign-Made Parts

If you have a German or European-made car, you might have to take it to a specialized mechanic. Why? These cars are built differently than American models. The cost of shipping, labor, and parts could cost you hundreds of dollars even for a simple replacement.

Poor Resell Value

When you purchase a new car, you’re probably not thinking of its resell value (for instance what you may be able to get for it in scrap metal). After all, you just bought a new car. Why would you think of your next one? According to U.S. World & News Report, the average car will lose about 50 percent of its value within the first five years of ownership. However, this shouldn’t be an industry standard. Asian-made cars, like Toyota, Honda, and even Kia, can keep their resell values high.

Ideally, when you trade in your used car, you can put the proceeds toward a new vehicle. If your car has a poor resell value, however, you may not have this option.

Poor Engine Performance

Luxury cars are designed for speed––even if they spend most of their lifetime navigating local streets. As you can imagine, these cars do not get good mileage. For example, according to the U.S. Office of Energy Efficiency & Renewable Energy, these luxury-brand makes get under 25 miles to the gallon:

·      Rolls-Royce

·      Bugatti

·      Mercedes-Benz

·      Lamborghini

·      Bentley

With these cars, your expenses only start to pile up once you drive them off the lot.

These Cars Will Cost You More in the Long Run

We looked at the following cars in terms of their depreciation values, lifetime maintenance, and fuel economy. After we reveal our findings, we will explain what cars will cost you less in the long run.

Some cost-heavy cars include:

BMW

Forbes noted that within the first five years of ownership, you can expect to lose up to 70 percent of your BMW’s retail value. So, suppose you bought the 2021 BMW i3 s for $42,000. Five years later, when it comes to time to trade it in, you could only expect to get $13,000 for it.

If that still doesn’t convince you, consider the following: you can get a new Jeep Wrangler for $28,000. Over the first five years, it will lose only 30 percent of its value. You could get $8,400 upon trading it in, meaning that you put less than $20,000 into your monthly payments.

It’s fuel economy is less than impressive, with the U.S. Office of Energy Efficiency & Renewable Energy noting that for 2021 BMWs (excluding electric cars and hybrids), you could get less than 25 miles to the gallon.

Needless to say that repairs are costly, as well. Remember: internationally-made cars are always more expensive to fix, maintain, and replace.

Mercedes Benz

Many people associate this carmaker with the epitome of luxury. However, Mercedes’ best-kept secret is that these vehicles are incredibly expensive not only in the beginning, but throughout the lifetime of ownership. Here are some reasons why:

·      Mercedes loses almost 70 percent of its value within the first five years of ownership, according to U.S. News & World Report.

·      Mercedes cost a lot to maintain. According to Motorbiscuit, a popular automotive website, you could spend more than $12,000 on repairs if you own a Mercedes for 10 years.

·      Overall, Mercedes gets below-average mileage, with its luxury sports models getting less than 20 miles to the gallon.

Anyone from within the auto industry could go on about how these cars could ultimately cost you.

Audi

Consumer Reports can never decide how it feels about Audi. In January 2021, the organization gave the Audi Q7 the infamous “never buy” label, per Motorbiscuit. While they admitted that Audi has redesigned some of its vehicles for the better, the car manufacturer struggles to maintain its foothold as a cost-effective buy. Here’s why:

·      The Audi A6, for example, loses 69 percent of its value within the first five years, per U.S. News & World Report.

·      Remember earlier how we mentioned that foreign-made cars tend to cost more to repair? That’s the case here, too.

·      In terms of non-electric, non-hybrid Audis, you’ll get about 25 miles to the gallon on the high end.

Cadillac

Of Cadillac, Business Insider says: “Cadillac sits far down on the list of best-selling premium brands in the US.” While they started out as a top-seller at the turn of the 20th century, they simply can’t compete with German-made and Japanese-made cars. Also:

·     Consumer Reports continuously gives Cadillac low ratings.

·      They have average resell values.

·      They get “okay” mileage.

In 2017, Cadillac sold less than 200,000 models in the U.S. To boost their sales, the once-iconic car brand is turning its sights toward China, where they hope to revitalize the brand.

In Conclusion

When shopping for a new car, you don’t want one that’s just affordable up front; you want to make a sound investment in your equity and future. BMW, Mercedes, Cadillac, and Audi have good cars out there. However, whether they’re worth the price is another story.

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6 reasons to invest in an electric bike 

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In the last decade or so, eBikes have become pretty popular. Since these bikes are affordable and more convenient to own than a motor vehicle or a car, electric bikes have always been a good choice for college students and high schoolers. 

But contrary to the belief that electric bikes are only for students, they are actually good for daily commutes to work and even to own as a cycling enthusiast. 

Looking for reasons to buy an electric bike? Here are 6 reasons to invest in one! 

eBikes are for everyone

Electric bikes are easy to ride for almost everyone. No matter what your ability or experience levels are, electric bikes are one of the easiest mediums of transportation to master. In fact, eBikes are one of the biggest reasons that the cycling scene is becoming more and more inclusive and accessible to all kinds of people and cycling enthusiasts. The ease and convenience of an eBike are one of the biggest reasons you should consider investing in one. 

eBikes are affordable 

When compared to motor vehicles including motorcycles and cars, eBikes are far more affordable. When you purchase an eBike, there is also no need for registration processes or licensing which further reduces the extra expenses. eBikes also require less maintenance than motor vehicles. Since there is also no need for fuel. Charging an eBike is usually very affordable and convenient. The affordability and low maintenance required by eBikes make them the perfect choice for everyone, from college students to even working professionals. 

eBikes are good for daily commutation 

eBikes are easy to ride. Thus you can actually ride the bike for long distances without getting tired. This trait of the eBikes makes them a very good choice for those who need a simple and convenient vehicle for their daily commute to work or college. With an eBike, you don’t really need to worry about the traffic or parking which can further ease your commute. You can also use your eBike to commute around the city and run important errands.

eBikes are good for leisure activities (too!) 

Think eBikes are only good for daily commutes? Well, you can have a lot of fun with it too! The good thing about eBikes is the fact that it is made for both, fun and work. For example, you can use it during the weekdays to commute to work while on weekends you can go on a cycling trip with the same bike! 

eBikes are good for the environment 

Motor vehicles that run on fossil fuels like petrol or diesel emit a lot of toxic fumes while on the move. These fumes consist of gases like carbon monoxide, nitrogen oxides, sulphur dioxide, and massive amounts of carbon dioxide. All these gases are known to be very harmful to the environment. eBikes on the other hand are an excellent eco-friendly alternative to motor vehicles for daily commutes. Since there is no use of fuels in an electric bike, there is no toxic emission when it’s on move. 

eBikes can help you climb hills 

Climbing elevated areas on a bicycle can be pretty tiring since it takes a lot of energy to peddle uphill. Electric bikes, on the other hand, can help you climb easily and quickly. 

eBikes can also be used during windy weather since, unlike a regular bike, it’s easier to maintain balance on an eBike, even in strong wind. 

Conclusion 

Electric bikes are not just a cheap mode of transportation but they are also what the environment requires right now. Electric bikes are easy to ride and convenient to own which is why they are also the ultimate choice for almost anyone, from a college student to an office worker. 

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Top Tips For Purchasing Genuine Jinko Solar Panels

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This article will discuss the Cost and Quality of genuine Jinko solar panels, and we’ll look at Precautions to take when purchasing a solar panel. Ultimately, this article will help you make a more informed decision regarding the solar panel you should buy. You can use this information to avoid purchasing a substandard product, and here’s why.

Purchase at reputable manufacturers.

The manufacturer is the first thing to be aware of when purchasing a genuine Jinko solar panel. Many companies claim to make Jinko panels, but the truth may be different. There are many factors to consider when selecting a solar panel. 

The biggest risk of installing fake modules is that the modules do not meet the company’s standards. The manufacturer should be able to provide high quality modules that will last for a long time. During the installation, the quality should be checked. There are many reputable companies in the industry, and you will have to research them carefully to make sure they are the real deal. You don’t want to end up without the quality modules you need to power your home.

Consider warranty

Another important consideration when purchasing a genuine Jinko solar panel is the manufacturer. It is best to buy panels that a warranty has backed. The warranty will last for five years and should be fully covered. Moreover, the quality of Jinko solar panels is excellent. JinkoSolar has an excellent reputation for producing high-quality solar panels. This company is constantly trying to introduce new and improved products to help homeowners save money while generating energy.

Make sure it is high quality

Before purchasing Jinko solar panels, make sure that the panel is high quality. It should also be affordable and have a good warranty. Some panels are imported from Asia and may have a longer lead time than other brands. Be sure to check out the warranty period before purchasing.

Reputation of jinko solar panels

Jinko Solar from Symons Energy are experts in Jinko solar panels, and it has an untarnished global reputation. They offer high-quality solar panels with excellent customer service. Purchasing solar panels from Jinko Solar is an investment that will pay off for decades. Customer service is the foundation of a quality solar module manufacturer. Customer service is responsive, helpful and reliable. Jinko Solar is a global leader in solar power and has a stellar reputation. It also conducts deep due diligence on its material suppliers, ensuring that they use only high-quality raw materials and production facilities. While Jinko solar panels are not as expensive as other brands, they still offer high customer support.

Jinko is a leading solar panel manufacturer, shipping out one of every 10 solar panels worldwide. It has won numerous awards and accolades over the years for the quality of its solar panels. 

Founded in China in 2006, Jinko has grown to become one of the largest solar panel manufacturers in the world. Their manufacturing facilities are in China, Malaysia, Portugal, and South Africa. Jinko faces intense pressure to maintain warranties and support services with such high manufacturing output.

Jinko Solar’s modules are produced with nanotechnology-based silicon ink. They are certified to meet internationally recognised organizations’ strict quality and environmental standards. These high-quality modules can withstand extreme temperatures, wind loads, and snow and have been rigorously tested. They have also been subject to strict mechanical loading tests. In addition to these, Jinko solar panels offer the best customer support so that you can feel comfortable with your purchase.

Jinko Solar Panels are certified by the Small-scale Renewable Energy Scheme, Australia’s home solar rebate program. They also have excellent Anti-PID performance guarantees. The company’s solar panels are suitable for high-voltage systems up to 1500 VDC and boast low BOS costs. The company has 4 panels and boasts a 30-year linear warranty. Listed in Australia, Jinko has branches in all states.

The company has been making solar panels since 2006 and is one of the world’s leading manufacturers. The company has been listed in the stock exchange market since 2010 and boasts over 16GW of solar panels in deployment across the globe. They have a near-perfect on-time delivery rate, and their management has a proven commitment to their customers and has a history of integrity. You can feel confident purchasing a Jinko solar panel from Jinko Solar, so read on to learn more about its quality.

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What is the Role of Personal Injury Attorneys in a Car Accident in Los Angeles?

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Personal injury attorneys may be able to represent you in a car accident, but this is not always the right solution. The decision of whether or not to hire a personal injury attorney will depend on your goals and the specific situation you find yourself in.

Have you been injured in an automobile collision? A personal injury attorney los angeles can evaluate your case and explain your legal options. A personal injury attorney can also help you recover financial compensation for damages stemming from your accident, such as medical bills, lost wages, property damage, and pain and suffering.

In addition, these attorneys are familiar with the laws and court systems to make sure you receive fair compensation. Los Angeles personal injury attorneys may be able to settle your claim before it goes to trial.

In a car accident, hiring a personal injury attorney may be the best solution for you if:

• You want to sue the at-fault party for more than $25,000.

• The other driver is uninsured or underinsured.

• The other party was driving while intoxicated or drugged or presented a fraudulently obtained driver’s license.

• You were injured due to the negligence of the parties involved in a multi-vehicle collision and have sustained significant damages as a result.

What Factors Influence the Decision to Hire a Personal Injury Attorney?

The best personal injury lawyer for you will be one that offers an efficient, cost-effective solution to your legal issues. A personal injury attorney will also evaluate your case and explain the extent of damages. If you hire the wrong lawyer, there may be additional fees involved to rectify the problem or lower your legal fees.

An attorney’s background and experience will affect your decision to hire them. Look for someone with a strong track record, good communication skills, and a history of successful cases. There are many personal injury law firms that advertise on television. Some of these lawyers may not know the ins and outs of personal injury law or have any experience with a specific case. If you need legal help, be careful about choosing an attorney without first speaking to them directly.

A personal injury attorney who has successfully handled cases involving your particular accident or injury may be the best choice for your situation. Although certain types of injuries require specific legal expertise, there are many situations where a general practice personal injury attorney will be more than capable of handling a claim effectively.

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Things to Do After a Chicago Car Accident

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The moments after a Chicago car accident can be confusing and chaotic. It’s important to know what you should do immediately after to protect yourself and anyone else involved. Read on for a detailed breakdown of nine things to do after a Chicago car accident to keep yourself safe and maximize a future lawsuit’s success.

Get to Safety

First, make sure to get yourself to safety. If your vehicle is still movable, bring it to the side of the road and out of traffic’s way. If your vehicle isn’t mobile, leave the car and get to the side of the road or at least out of the road.

If there’s another person injured in the same accident and you are able to, help them get to safety as well. Staying in harm’s way can exacerbate injuries or lead to secondary injuries after the initial moments of an auto accident.

Contact Emergency Services

Next, call 911 and bring emergency services to your location ASAP. The faster emergency responders, including police officers and medical staff, can get to you, the faster you can be stabilized. Furthermore, a faster emergency response corresponds with lighter injuries and faster recovery.

Do not call anyone aside from emergency services right away. In the aftermath of an auto accident, your top and only priority should be getting medical help. This is true no matter how severe or apparent you think your injuries may be.

Exchange Insurance Information

If possible – and assuming you and the other driver are both relatively uninjured – exchange your insurance information with that other driver once you are both out of the way of traffic. Note that you should not call your insurance company or their insurance company at this juncture. You should wait for your legal representative to help arrive and be briefed on the situation first.

Get Checked Out

Once emergency personnel arrive on the scene of the accident, be sure to get examined by a medical professional. Do not simply leave the scene of the auto accident or assume you are uninjured.

Being in an auto accident can be stressful and cause adrenaline to flood your body. These biological reactions can mask the symptoms of internal injuries or other ailments. In some cases, you could be seriously injured but not know it until hours or even days after an accident has occurred.

A medical professional can identify hidden injuries and make sure you go to the hospital if needed. Alternatively, they can treat you at the scene of the accident and make sure minor injuries don’t become more severe over time.

If a medical professional says you should go to the hospital, listen to them. They know what they’re talking about and they only have your best interests in mind.

Call Friends or Family

Getting medical attention should be your top priority. But after you are stabilized, feel free to call your friends or family members and let them know that you are okay. It can be easy to forget this step due to the adrenaline or the chaos of the aftermath of a car accident in Chicago. But your friends and family members need to know that you are healthy and safe, especially if you were expected somewhere prior to the accident.

Contact a Chicago Car Accident Attorney

At this stage, it’s a good idea to contact legal representatives, such as Chicago car accident attorneys. The right legal team can do a lot to help you after a car accident, including:

●        Gathering your statement and the statements of eyewitnesses, including the other driver in some circumstances

●        Gathering evidence if necessary to prepare a lawsuit or arbitration case, such as speaking to police to get police reports or collecting traffic camera footage

●        And more

More than anything else, Chicago auto accident attorneys can offer sound legal counsel and tell you whether you should press charges against another driver. Successful auto accident lawsuits are contingent on being able to prove negligence. If this is unlikely or impossible, your lawyer may advise against it.

However, your lawyer may tell you that you can secure compensation for your injuries if someone else was clearly at fault for the auto accident. Alternatively, legal professionals can protect you if the other driver tries to accuse you of causing the car accident.

Contact Your Insurance Company

You should contact legal professionals before speaking to an insurance company because:

●        Insurance companies are not on your side. Instead, it’s their job to avoid having to pay for your medical bills or other expenses

●        It can be intimidating to speak to another driver’s insurance company

●        Your legal team knows what to say and how to negotiate with your insurance company on your behalf

With a lawyer helping you, you’ll be much more secure in your insurance claim.

Decide Whether to File a Lawsuit

As noted above, a lawyer can tell you whether it’s a wise idea to file a Chicago car accident lawsuit. Lawsuits are never open and shut, despite what they may seem to be on the surface. Depending on the circumstances of your accident, your lawyer may recommend filing a lawsuit or avoiding one entirely.

If the other driver tries to accuse you of causing the accident, your lawyer can erect a defense on your behalf and make sure you don’t have to pay exorbitant damages.

Rest and Recuperate

Lastly, take the time to rest and recuperate after your Chicago auto accident. Even if you have to file a lawsuit, you need to take time to let your body and mind recover from the ordeal. Any auto accident can be dangerous or traumatizing, so be sure to let your legal team take on the majority of your lawsuit’s burden.

Not sure who to contact? Drake & Collopy, P.C. is the best choice for your Chicago auto accident law firm. As experienced car accidents and personal injury rather than representatives, we’re well equipped and ready to assist with your auto accident lawsuit. Contact us today for a free case evaluation and consultation.

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A Guide to Auditing Top Management and the Internal Audit Checklist

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In these troublesome times for public area funds, inner review and the review board play a significant part to play in guaranteeing proceeding with the executive’s adequacy. Notwithstanding spending plan cuts and decreased staff numbers, the board should guarantee internal audit that controls keep on being viable, chances are overseen and guidelines of corporate administration stay high. Inner review should answer these difficulties by keeping a strong, autonomous and objective position and guaranteeing review work centers around what is most significant in the association.

Strategic alignment

Inner review should zero in on those exercises that add to the accomplishment of the association’s essential targets. Interior review ought to have own well-defined course of action is lined up with the association’s system, while being adequately adaptable to assess changing needs and conditions. The essential review plan ought to mean to cover all vital key dangers.

Focus on Risk

Each open area association ought to direct customary gamble appraisals to guarantee that dangers to the accomplishment of its essential targets are recognized and made due. Inner review plans and work programs should consider these dangers and be equipped for answering arising chances. Furthermore, it is vital for review the association’s gamble the executive’s cycle to guarantee that it keeps on distinguishing changes in the gamble profile of the association. A review of the gamble the executive’s interaction will likewise assist with guaranteeing that that all pieces of the association have a typical comprehension of chance.

Advance consistent improvement

There are two angles to the advancement of consistent improvement, the first according to the interior review work itself and the second comparable to the association. Inside review ought to consistently work on its own abilities through continuous audit of its exhibition, giving preparation to staff, and directing quality appraisals and friend surveys. Intermittently, an autonomous outer quality evaluation ought to be led to acquire a goal perspective on how inside review is performing against interior review principles. The exhibition and job of the review council ought to be remembered for these audits, the consequences of which ought to be utilized as benchmarks for additional improvement goals.

As reviews are completed over the long run, inner review ought to notice drifts that arise in the association and not just view each review in seclusion. Patterns could highlight lacks in the presentation of the association that administration needs to address. For instance, assuming various review examinations highlight shortcomings in, say, obtainment, the executives may be encouraged to analyze acquirement at a hierarchical level and fix the interaction, in addition to the particular shortcomings recognized in a singular review. Along these lines, the review capacity can add to generally speaking execution improvement and enhance the association.

Manage Relationships Effectively

The impact of inner review and of the review board is basic to the progress of the capacity. The connection between the Audit Chair and the Head of Internal Audit ought to be solid so the review work has the autonomous help expected to succeed. The Audit Chair ought to meet the Chief Executive routinely, maybe after each review board of trustees meeting. The board ought to be kept educated regarding key advancements in the association so it can consider these, were pertinent, in arriving at its choices. Great connections are additionally fundamental with line the board so that review discoveries and proposals are acknowledged and followed up on. Client fulfillment overviews are helpful devices to use after a review to guarantee that the client has a chance to give input on the review cycle and manage any troubles that might have emerged.

Value for Money

Each open area association ought to endeavor to accomplish the best incentive for cash in completing its capacities. The means by which this can be accomplished are currently indisputable. Interior review ought to consider where open doors emerge to lead an incentive for cash reviews and ought to incorporate these in its yearly review plan. The aftereffects of significant worth for cash reviews, specifically, can assist with illuminating administration whether the association is accomplishing its essential goals and whether activities are expected to moderate dangers.

Conclusion

A viable inside review capacity can assist with advancing an attitude in the association that spotlights on hazard, controls and the accomplishment internal control of significant worth for cash. This, thusly, can assist the association with working on its exhibition and the board viability and improve the probability of accomplishing its essential targets.

Auditors should set up the inner review report in a way fitting for show. It very well may be important to introduce the leader outline of the review report straightforwardly to the top administration and other closely involved individuals inside the association. The leader synopsis should feature both positive and negative discoveries and recommend open doors for development.

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