Q : What is Car Loans?

A : Car Loans are designed for those who wish to finance a car for personal use. It is the way you can borrow money from future. A car loan can give you immediate use of the car of your choice in exchange for regular payments over an agreed period of time.

Q : How about Features of Car Loans?

A : Before you make a decision on car loan which you choose, make sure that your financier offers them. Generally the features of car loan are detailed as follow.

- Payments can be arranged to suit your requirements.

- Cost like Registration cost, Road cost, Loan insurance & Comprehensive vehicle insurance may be able to be financed on the loan contract.

- For repayment, you can choose monthly or fornightly to pay during normally terms range from 12 to 60 months.

- A deposit may not be required, moreover if you do, maybe you will receive some benefits like lower repayment or shorter term.

Q : What is benefit for you?

1.If you also use your car for business purposes you may be able to claim part of the interest and depreciation charges as expenses against your taxable income.
2.Payments may be able to be made by direct debit from your nominated bank account.
3.You may build up equity in the asset.
4.Fixed payments for the term of the agreement allow for more accurate budgeting and protect you against interest rate fluctuations.

Wednesday, October 10, 2007

Michael Schumacher


Michael Schumacher (pronounced /ˈmɪçaʔeːl ˈʃuːmaχɐ /, born January 3, 1969, in Hürth Hermülheim, Germany) is a former Formula One driver, and seven-time world champion. According to the official Formula One website, he is "statistically the greatest driver the sport has ever seen". He is the first German to win the Formula One World championship and is credited with popularising Formula One in Germany. In a 2006 FIA survey, Michael Schumacher was voted the most popular driver among Formula One fans.
After winning two championships with Benetton, Schumacher moved to Ferrari in 1996 and won five consecutive drivers' titles with them. Schumacher holds many records in Formula One, including most drivers' championships, race victories, fastest laps, pole positions, points scored and most races won in a single season. Schumacher is the first and only Formula One driver to have an entire season of podium finishes (2002). His driving sometimes created controversy: he was twice involved in collisions that determined the outcome of the world championship, most notably his disqualification from the 1997 championship for causing a collision with Jacques Villeneuve. On September 10, 2006, Schumacher announced his retirement as a driver.Schumacher is currently assisting Scuderia Ferrari CEO Jean Todt for the 2007 Formula One Season.
Off the track, Schumacher is an ambassador for UNESCO and a spokesman for driver safety. He has been involved in numerous humanitarian efforts throughout his life. He is the elder brother of current Toyota driver Ralf Schumacher.

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