Re-inventing the wheel (Twin Cities Pioneer Press)

Articletwin cities logo written by Julio Ojeda-Zapata for Twin Cities Pioneer Press

Mojo Motors, an auto-classifieds site, points to other electric- and hybrid-car trends. Luxury hybrids from the likes of Lexus, Mercedes-Benz and Hyundai are beginning to proliferate. A robust market for used electric cars is starting to take shape. [keep reading]

Auto Insurance Minimums by State

old timey car crash mojo motors blog

We have been crashing cars as long as we have been building them. And we’ve made a lot more progress with the building than we have with the crashing. State car insurance minimums are in the news right now because Arizona is considering a bill to increase the required insurance minimums in their state. This is important because when the amount of damage in an accident exceeds what’s covered under the insurance policy the driver is often liable and it can result in catastrophic financial damage and often bankruptcy. [keep reading]

Why Arizona’s Car Insurance is So Cheap (nerdwallet)

NerdWallet_LogoArticle written by Alice Holbrook for nerdwallet

If you’re an Arizona driver, you’re probably used to buying relatively cheap car insurance. Residents of the Grand Canyon State enjoy low insurance premiums, and there is at least one good reason for that: Arizona’s low minimum liability requirement. Why the controversy? “No one wants to increase prices and taxes on consumers,” says Paul Nadjarian, CEO of Mojo Motors, an auto buying website. “But is [leaving the minimums in place] the right thing to do? Probably not.” [keep reading]

How the Used Electric Car Market is Taking Flight (Wall St. Cheat Sheet)

Screen-Shot-2014-05-08-at-3.00.05-PMArticle by Eric Schaal for Wall St. Cheat Sheet

In some respects, shopping for used electric cars is the same as shopping for any pre-owned vehicle. Models selling in high volumes straight from the factory dominate the used-car inventory; the most popular cars are scarce in used dealerships; and significant depreciation begins after three years of ownership. [keep reading]

2015 Will See Even More Used Car Recalls (about.com)

about-logo-croppedArticle by Keith Griffin for about.com

It may seem hard to believe, but it looks there will be even more used car recalls in 2015 than there were in 2014. That year set a record and this year should be even worse, according to the folks at MojoMotors.com. [keep reading]

What do NASCAR pros use as their daily drivers?

This may come as a bit of a surprise to some, but NASCAR Sprint Cup vehicles are not legal street-driven vehicles. In fact, NASCAR race cars are a lot different than the one you drive. So despite what you see in commercials, they are not the daily drivers of your favorite oval track hero. NASCAR success and fame comes with a nice payday, and the drivers can afford pretty much any vehicle made, which explains the wide variety found on this list of their rides of choice.

Dale Earnhardt Jr.

Djr-16-9-camaro

The Earnhardt family has been in Chevy dealerships for generations, and Jr has a particular affinity for the Camaro. A fourth generation Camaro could be bought with dealer modifications to become an “Intimidator SS”, and this process was repeated in 2011 with a fifth generation Camaro SS making 704 hp. Intimidator indeed. While Jr sells these at his dealership, he’d rather drive the older ones. He owns a silver 1967 Camaro rebuilt by Detroit Speed Inc., featuring a traditional small block Chevy v8 with aluminum heads and a carburetor running power to a five-speed stick. A different flavor is available with his orange 1972 Camaro. This one has a modern six-speed and LS2 v8, but the EFI has been ripped out in favor of a carb. Oddities of his collection include a 1977 Oldsmobile Cutlass, and a Pontiac G8 converted to look like a Holden Commodore. [keep reading]

When Gap Insurance is a Worthwhile Purchase (CheapCarInsurance.net)

Article by Aaron Crowe for CheapCarInsurance.net

A car dealership is usually the first place where car buyers learn about Gap insurance, especially if they’re financing their purchase through the dealer. But they don’t have to buy it from the dealer, and they don’t have to buy it immediately, says Paul Nadjarian founder and CEO of Mojo Motors, which tracks used cars at dealerships. [keep reading]

Used Electric Vehicles are Finally Here

Tesla is facing the best kind of problem an automaker can have —they can’t produce enough cars to meet the demand. That’s especially impressive when you consider the Model S starts at over $70,000.  Other manufacturers aren’t quite as lucky as Tesla, but overall the market for EVs (Electric Vehicles) and PHEVs (Plug-In Hybrids) is growing at a steady clip. The world is getter greener, and we’re not referring to these green cars. These days, Nissan Leafs and charging stations are a normal sight in parking garages and driveways around the US. With 126,000 all-electric vehicles and 142,000 plug-in hybrids sold in the US between 2010 and 2014, a market for used electric vehicles has finally emerged.

Used-Electric-Vehicle-Sales-2-16-15

At over 70,000 cars sold, the Nissan Leaf is leading the charge (no pun intended). The Leaf also stands out as the only EV to sell over 10,000 units in its first year of availability. Most EV models have only been available for a year or two, although a small batch of Toyota Rav4 EVs was rolled out in the early 2000’s. [keep reading]

Will 3D printing change the auto industry?

local-motors-3d-printed-car

The automotive industry is changing rapidly. There are more than a quarter million electric cars on American roads, some of which have a range over 200 miles in between charges.  It is legal to operate driverless cars in five states and at least 7 automakers will launch driverless cars by 2020. Will 3D printing, the Star Trek-esque technology that’s been all over the news lately, be the next technology to disrupt the auto industry? The short answer is, yes. It already has. [keep reading]

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