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.

Tuesday, February 19, 2008

Biography of Sakichi Toyoda


Sakichi Toyoda (February 14, 1867 – October 30, 1930) was a Japanese inventor and industrialist. He was born in Kosai, Shizuoka. The son of a poor carpenter, Toyoda is referred to as the "King of Japanese Inventors". He is often referred to as the father of the Japanese industrial revolution. He is also the founder of Toyota Industries Co., Ltd.
He invented numerous weaving devices. His most famous invention was the automatic power loom in which he implemented the principle of Jidoka (autonomous automation). The principle of Jidoka, which means that the machine stops itself when a problem occurs, became later a part of the Toyota Production System.
Toyoda developed the concept of 5 Whys: When a problem occurs, ask 'why' five times to try to find the source of the problem, then put into place something to prevent the problem from recurring. This concept is used today as part of applying Six Sigma methodologies to solve problems, improve quality, and reduce costs.
Sakichi Toyoda had two younger brothers, Sasuke Toyoda and Heikichi Toyoda (1875–1954, father of Eiji Toyoda). Sakichi's three children were: son Kiichiro Toyoda (1895–1952), founder of Toyota Motor Corporation, and daughter Aiko Toyoda. He was awarded the Medal of Honor with Blue Ribbon and the Order of the Sacred Treasures Third Class.
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)