The Advantages of Buying a New or Used Vehicle – Car Reviews – Buyers Info – Car and Driver #car #insurances


#buying a used car
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A pros and pros list outlining the advantages of choosing either route.

Buyers Info

There are a lot of questions involved in the process of buying a car, but the first, simplest one is probably the most important: Should you buy new or used? To help you choose, we ve laid out the advantages of both below. Keep in mind that although there are more advantages listed on the new side, the pros in the used column are big ones and in many cases can be more to your advantage.

ADVANTAGES OF BUYING NEW

Made to Order Chances are, you can spec a new car just the way you want it, or at least have the dealer search for one with the right combination of options and interior and exterior colors.

It s Not Used Well, duh. A new car hasn t been in any accidents, hasn t been mistreated by unknown evildoers, doesn t smell funny, has seen no wear or tear, and comes with a clean history that includes only being driven off the line, onto a transporter, and around the dealer s lot.

Warranty Like the rest of it, the new car s warranty is untouched. You can buy warranties for used cars or go the certified preowned route, but the best warranty you can get without paying extra will be the one that comes with a new car from the manufacturer.

Latest Gizmos The newer the car, the more modern the geeky tech that s packed inside. Multimedia and navigation interfaces are constantly evolving and improving, so if you have to have the latest in gadgets (and don t want to add them yourself post-factory) the selection will be better in the new-car showroom.

Safety As vehicle safety laws become ever more stringent, automakers are forced to change the way vehicles are built and the safety systems with which they are equipped. Some form of tire pressure monitoring is now mandatory on all vehicles sold in the U.S. and by 2012, stability control will be, too. Other technologies that are not mandated, like blind-spot monitoring systems, side curtain airbags, adaptive cruise control, and brake assist are becoming more prevalent on less expensive vehicles as their associated costs come down.

Higher Fuel Efficiency and Lower Emissions Again, partly thanks to Big Brother, cars are largely getting more fuel efficient, even while simultaneously getting more powerful. The newest crop of diesels is cleaner than ever before, and choices in the hybrid segment are growing, too, if that s your thing.

Financing Banks offer lower financing rates on new vehicles because the vehicles are inherently worth more and have not already been hit by depreciation. Keep in mind that, when the lower APR still applies to a larger sum, your payments or total cost may still be higher. But if you plan to finance, check your deals before buying. The cheaper car might not turn out to be the better deal in the long run.

Maintenance Some new cars, mainly those from luxury marques, include free scheduled maintenance for a certain amount of time or mileage. This built-in cost saving should be considered in the final price analysis if applicable.

Legwork Once you ve chosen a vehicle, or at least the brand you re interested in, much of the new-car search can be offloaded on the salesperson, who can find the car you ask for. The same search in the used realm requires a lot more legwork on your part hunting on the internet, visiting multiple private sellers, and driving from used lot to used lot.

ADVANTAGES OF BUYING USED

Price Comparing apples to apples, a used car is going to be less expensive. The relative advantage of the used-car price can also allow a buyer to step up to a nicer model.

Depreciation Cars lose value with each passing month and mile, but the steepest decline happens right away; some models can lose 40 percent or more of their value in the first year. With a used car, there s no depreciation hit the second you roll off the lot. There s also less mental depreciation, no need to worry about the first parking-lot ding or rock chip in the paint because chances are the car s previous owner or owners took care of those for you.

Insurance Rates Like financing, insurance rates will be affected by the age of a car, but in this case the used vehicle tends to be less expensive. A little bit of pre-purchase research will save you from insurance sticker shock, no matter which vehicle you choose.

Choice Although you obviously can t build a used car to order, maybe you want a model, option package, or even wheel design that s no longer made. This wider selection can add to the length of the search, but perfection and satisfaction rarely come easily.


What is a Content Delivery Network (CDN)? #advantages #of #cdn,advantages #of #content #delivery #network,cdn,content #delivery #network,content #delivery #network #technologies,content #delivery #networks,content #delivery #networks #architecture #diagram,technologies #used #in #cdn,what #is #cdn,what #is #content #delivery #network,why #cdn,why #content #delivery #network


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What is a Content Delivery Network?

Various Web 2.0 technologies have transformed the Internet and the Internet is now enabling content to be delivered in various forms Text, Images, Flash, Audio, Video, etc. When companies need to serve such diverse forms of content, most of the time, they distribute them by hosting them in servers in their data center(s). But the consumer pattern is not always uniform. There may be sudden bursts of traffic requesting web based content from consumers located around the globe. To accommodate for the demand, companies need to estimate and provision additional servers in quantities enough for handling peak loads. More over, on the Internet, there is always a factor of RTT (Round Trip Time) and Packet Loss that needs to be considered, and these parameters have a higher effect on the consumers who are located at greater distances from the servers.

It is to accommodate for these limitations, that Content Delivery Networks were created. A Content Delivery Network is a network of servers hosted by a service provider in multiple locations of the world (usually shared with multiple customers) so that the content could always be served from a server that is nearest to the consumer requesting for it. And besides, since multiple servers are used, the load is distributed and consumers get better quality content, faster. There are many more advantages to a CDN, which we will see in the final section of this article.

A Content Delivery Network (CDN) consists of two components: The Origin Server(s) where the content to be distributed over Internet is originally stored Cache Server(s) where the content is duplicated. There is generally one Origin Server (either in the customer s data center or in the cloud, with the content delivery network service provider for example) and many cache servers (in multiple locations across the globe) so that, when a consumer is requesting a particular content on the Internet, it can be served by a cache server nearest to the consumer s geographical location if the content is available there. Other wise, cache server fetches the content quickly from the origin server after protocol/route optimizations.

Content Delivery Networks provide the following (at a glance):

  • Serving the content from the closest possible geographic location to minimize network latency.
  • Replication (Caching) and deployment of large number of servers to minimize the server latency.
  • Capacity On Demand.
  • Monthly charges as per the content delivery (without high initial investments).
  • Application Acceleration, Compression, Protocol optimization, etc.
  • Route optimization (to identify and route traffic through the best/shortest/least congested route between origin server and cache servers.
  • Static/ Dynamic/ Encrypted content optimization and faster delivery.

Some technologies used by Content Delivery Network (CDN):

Apart from Caching and geographically accessible placement of servers, content delivery networks employ many more technologies to make sure that the content is delivered faster and more efficiently to the consumers. Some of the common technologies employed by CDN are given below to get an idea.

  • While the static content can be cached on the cache servers to be served immediately to the consumers, dynamic content/ embedded objects etc, cannot. So, CDN takes advantage of the http request procedure: When a website is requested, the html is served first, and the embedded objects are served on the subsequent round trips/ requests. So, cache servers store the html parts of frequently accessed content and that is served first, while the embedded objects are requested from the Origin server simultaneously by the cache servers so that by the time the request from the consumer comes for embedded objects, they are already present, and can be served immediately.
  • The fastest and the least congested route (between the cache server and the origin server) is estimated continuously, and the traffic is sent in that route. The communications between the various servers in the CDN are always optimized for performance.
  • The geographically nearest cache server is chosen by the CDN for serving requests. But, if those servers are being utilized to their full capacity, the users are automatically re-routed to the best cache server (irrespective of the distance) that can serve the consumer at that point of time.
  • Some CDN s can prioritize the Interactive/ multimedia traffic in their networks to improve their performance.
  • CDN can use Pull or Push technologies, or both. A pull technology requests for content from the origin server on the receipt of a request from consumers, and also saves it in the process. A push technology involves origin server pushing out all content to cache servers before hand.
  • Some CDN s send multi-cast streams from the origin server to the cache servers and there-on send uni-cast streams to individual users. This can save a lot of bandwidth and processing resources for the origin server.
  • Protocol optimization is used extensively in CDN. For example, multiple handshakes required for establishing / tearing down web connection with http is replaced with a set of long lived and persistent connections (for connections between cache servers and origin servers). This also allows for multiple http requests to be sent using a singe connection, all of which reduce the tame taken for serving requests.
  • Data can be compressed en-route, saving bandwidth and enabling faster responses.

Advantages of Content Delivery Network (CDN):

  • Some CDN s are large enough to accommodate thousands of servers across many networks in multiple countries. This gives a good reach and ensures that users from many countries get fast and reliable access to content.
  • Content Delivery Networks allow for monitoring (and proactive fault rectification) of various parameters like successful delivery of content, traffic patterns/ peak times etc. Some of them even allow for real time notifications of threshold values set by the customers.
  • When compared to in-house hosting, content delivery networks are advantageous because there is no high initial investment in hardware/ bandwidth/network required as most CDN s charge per month and only for the amount of content delivered.
  • CDN s are the best way to serve a large number of random users across the globe through the Internet. Alternative technologies like application delivery controllers can accelerate applications over WAN but require that these hardware devices be present in sending as well as receiving locations.
  • Reduced content delivery latency / reduced load on origin server.
  • Easy, fast and on-demand scalability .
  • Best technology to handle unexpected peaks in web traffic.
  • CDN s are highly redundant as requests can always be transferred to other servers (if one of them is down) and hence they almost provide 100% availability .
  • Integration with authentication/ encryption systems are supported by CDN.
  • Few CDN s also distribute content using Peer to Peer technology where a large number of user PC s are used to deliver content to nearby users. These networks can expand to support virtually unlimited users especially with the latest developments in P2P like Peer Assignment Algorithms that distribute the traffic more efficiently between peers.
  • CDN s reduce RTT (Round Trip Time) between the users and servers as servers are located near the users.

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Advantages And Disadvantages Of ETFs #certificate #of #deposit #advantages #and #disadvantages


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Advantages and Disadvantages Of ETFs

Exchange traded funds (ETFs) have been around since the late 1980’s and quickly gained popularity as investors started looking for alternatives to mutual funds. Investors, both institutional and individual, could see the benefit of holding a specific group of stocks with lower management fees and higher intraday price visibility. On the other hand, with lower management of the fund, the burden was placed on the investor to select a proper investment. Identifying the advantages and disadvantages of ETFs will help new and current holders navigate risk and reward.

Advantages

One ETF can give exposure to a group of equities, market segments or styles. In comparison to a stock, the ETF can track a broader range of stocks, or even attempt to mimic the returns of a country or a group of countries. For example, you could focus on Brazil, Russia, India and China in a BRIC ETF. Mutual funds can be diversified as well, but the ETF has lower fees and trades more like an equity investment.

Lower Fees Compared to Managed Funds

ETFs, which are passively managed, have much lower expense ratios compared to other managed funds. A mutual fund’s expense ratio is usually higher due to costs such as: a management fee. shareholder accounting expenses at the fund level, service fees like marketing, paying a board of directors, and load fees for sale and distribution.

Trades Like a Stock

Although the ETF might give the holder the benefits of diversification. it still trades like a stock.

  • ETFs can be purchased on margin and sold short .
  • They trade at a price that is updated throughout the day. An open-ended mutual fund is priced at the end of the day at the net asset value .
  • ETFs also allow you to manage risk by trading futures and option just like a stock.
  • Because they trade like a stock you can quickly look up the approximate daily change of a commodity or sector with the ticker symbol of a tracking ETF. Many stock websites also have better interfaces for manipulating charts than commodity websites and even provide applications for your mobile devices.

Dividends Are Reinvested Immediately

The dividends of the companies in an open-ended ETF are reinvested immediately, but the timing can vary for index mutual funds. It should be noted that dividends in unit investment trust ETFs are not automatically reinvested, thus creating a dividend drag .

Capital Gains Tax Exposure Is Limited

ETFs can be more tax-efficient than mutual funds because most of the tax on capital gains is paid on sale and completely up to the investor. Even if the ETF sells or buys shares while attempting to mimic the basket of shares it is tracking. This is because the capital gains from in-kind transfers, seen in ETFs, do not result in a tax charge, and therefore can be expected to be lower compared to mutual funds.

Mutual funds, on the other hand, are required to distribute capital gains to shareholders if the manager sells securities for a profit. This distribution amount is made according to the proportion of the holders’ investment and taxable as a capital gain. If other mutual fund holders sell before the date of record, the remaining holders divide up the capital gain, and thus pay taxes even if the fund overall went down in value.

Lower Discount or Premium in Price

There is a lower chance of having ETF prices that are higher or lower than the actual value. ETFs trade throughout the day at a price close to the price of the underlying securities, so if the price is significantly higher or lower than the net asset value, arbitrage will bring the price back in line. This is different than closed-ended index funds because ETFs trade based on supply and demand and market makers will capture price discrepancy profits.

Disadvantages

May Be Limited to Larger Companies
In some countries, investors might be limited to large-cap stocks due to a narrow group of stocks in the market index. Only including larger stocks will limit the available exposure to mid- and small-cap companies. This could leave potential growth opportunities out of the reach of ETF investors.

Intraday Pricing Might Be Overkill

Longer-term investors could have a time horizon of 10 to 15 years, so they may not benefit from the intraday pricing changes. Some investors may trade more due to these lagged swings in hourly price. A high swing over a couple hours could induce a trade where pricing at the end of the day could keep irrational fears from distorting an investment objective .

Bid-Ask Spread Can Be Large

As more niche ETFs are created you might actually find an investment in a low volume index. This could result in a high bid/ask spread. You might find a better price investing in the actual stocks (usually large institutional investors) or maybe even a managed fund.

Costs Could Actually Be Higher

Most people compare trading ETFs with trading other pools of stocks, such as mutual funds, but if you compare ETFs to investing in a specific stock, then the costs are higher. The actual commission paid to the broker might be the same, but there is no management fee for a stock.

There are dividend-paying ETFs, but the yields may not be as high as owning a high-yielding stock or group of stocks. The risks associated with owning ETFs are usually lower, but if an investor can take on the risk, then the dividend yields can be much higher. For example, you can pick the stock with the highest dividend yield. but ETFs track a broader market, so the overall yield will average out to be lower.

Leveraged ETF Returns

Certain ETFs, which are double or triple leveraged, could result in losing more than double or triple the tracked index. These types of speculative investments need to be carefully evaluated. If the ETF is held for greater than one day, the actual loss could be more than double or triple. For instance, if you own a double leverage natural gas ETF, a 1% change in the price of natural gas should result in a 2% change in the ETF on a daily basis.

However, as shown in the example below, if a leveraged ETF is held for greater than one day, the overall return from the ETF will vary significantly from the overall return on the underlying security. In the example, you can see the ETF returns correctly tracking 2 times the return of natural gas on a daily basis, but the overall return over eight periods does not (-2.3% vs. 0%). The ease of investing in leveraged ETFs could increase investments by individuals with less understanding for the topic. These investors may have never attempted to own a double or triple leveraged investment, but ETFs make it quite easy.

Double Leveraged ETF


What Is Geothermal Energy? Definition, Advantages & Disadvantages – Video & Lesson Transcript #what #is #geothermal #energy?, #definition, #advantages #& #disadvantages, #video #& #lesson #transcript #| #study.com


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What Is Geothermal Energy? – Definition, Advantages & Disadvantages

In this lesson, we will learn about geothermal energy, including how we capture it and use it. We will discuss the pros and cons of exploiting geothermal energy sources.

Geothermal Energy

The prefix geo-. like you’ve seen before in the words ‘geology’ and ‘geography’, is a Greek work meaning Earth. The term thermal is similar to the word thermometer and thermal underwear, and it means heat. We put the terms together in the word geothermal to describe heat coming from the earth. There are two sources of Earth’s heat, or geothermal energy. the leftover heat from the formation of our planet and radiogenic heat, which is the heat resulting from radioactive decay within Earth. Both heat sources are naturally occurring and provide abundant energy that can be harnessed for human energy needs.

Capturing Earth’s Heat

Prehistorically, and until recently, people could only make use of geothermal energy that made its way to Earth’s surface, primarily as geothermal hot springs used for recreational and medicinal bathing. The oldest known pool created for this purpose was built in China in the 3rd century BCE, during the Qin dynasty. Today, geothermal baths continue to lure relaxing vacationers. The water in these hot springs is warmed as it comes into contact with rocks heated by magma below the earth’s surface, so the springs are most common in volcanic areas.

In the 20th century, people started using geothermal energy for electricity generation instead of, or as a supplement to, oil, natural gas, coal, and nuclear power sources. With greater drilling capabilities came the ability to penetrate deep, underground steam reservoirs. Although geothermal energy is present everywhere on Earth, it is still most easily accessible in volcanic areas, which can typically be found above subducting tectonic plate boundaries. where one tectonic plate sinks beneath another, partially melting and creating volcanoes at the earth’s surface, such as in Alaska and Japan; near divergent plate boundaries. where tectonic plates pull away from each other and magma rises to the surface, such as in Iceland; and over hot spots. where mantle material rises beneath the crust, such as in Hawaii and Yellowstone National Park. In these areas, magma is found at shallow depths, bringing geothermal heat close enough to the surface to be drilled and captured for our use at geothermal electricity stations.

Advantages of Geothermal Energy Use

Harnessing geothermal energy can have fewer environmental impacts than exploiting other energy sources. As a cleaner resource, there tends to be little airborne emissions from geothermal electricity stations. Highly developed drilling methods safely tap into geothermal energy reservoirs with little risk of releasing geothermal fluids, and the land area over geothermal reservoirs can still be used as farmland.

As an alternative to oil, natural gas, and coal, geothermal electricity produces far fewer carbon emissions. It, therefore, does not contribute as much to greenhouse gas production and the resulting climate change. Unlike fossil fuels, which require millions of years of heat and pressure to produce, geothermal energy is considered to be a renewable resource. The earth’s heat sources are limitless on the timescales of human life, and we need only water in contact with this heat to produce steam to capture for our electricity consumption.

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Disadvantages of Geothermal Energy Use

Even though geothermal energy is considered a renewable energy resource, it is still possible for us to use up the water resources found near shallow heat sources faster than they can be replaced naturally. In addition, like the exploration of any other resource, seeking geothermal energy for our energy needs requires drilling and building electricity stations. An increased reliance on electrical power increases our need to build, which can be considered an eyesore in otherwise beautiful, volcanic areas. This brings us to the biggest current disadvantage to geothermal energy, which is that geothermal energy is most readily accessible in volcanic areas, but in other areas is not possible or economically viable to capture.

Lesson Summary

Geothermal energy is heat emanating from the earth, originating from the planet’s formation and from radioactive decay within the earth. Geothermal energy heats hot springs at the earth’s surface, which have long been used by humans. More recently, people have used geothermal energy for electricity generation by tapping into underground steam reservoirs. The greatest advantage of geothermal energy use is that it tends to be cleaner than other energy sources. It can also be considered a renewable resource. However, it is possible to use up water resources faster than they can naturally be replenished. The greatest disadvantage to geothermal energy use is that it is only readily available in volcanic areas.

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Credit Cards Features and Benefits – Standard Chartered Bank Malaysia #15% #petrol #cashback,free #smarttag,cashback,rm300 #cashback,touch #’n #go,preferred #world #mastercard #credit #card,business #visa #platinum #credit #card,business #visa #gold #credit #card,platinum #mastercard #credit #card,platinum #visa #credit #card,gold #mastercard #credit #card,gold #visa #credit #card,standard #chartered #credit #card #online,online #rewards,credit #card #advantages,20% #discount #for #gnc #supplement,20% #discount #for #new #balance,run #for #free,credit #card #features,credit #card #benefits,credit #card #advantages,estatements,special #offers,rewards,credit #card,debit #card,the #good #life,online #services,estatement,paperless #statement,email #credit #card #statement,card #benefits,cheque-on-call-plus,balance #transfer,flexiplus


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Credit Cards Features and Benefits

Features

Cheque-On-Call Plus

At Standard Chartered, we give you the financial flexibility you need. With Standard Chartered Cheque-on-Call Plus, you can have more financial flexibility as you realise your goals. Enjoy affordable interest rates and a repayment plan of up to 60 months.

With Cheque-On-Call Plus, you will enjoy the following benefits:

  • Low interest rate – 9.88%
  • Choose from the plans – 12 months, 24 months, 36 months, 48 months or 60 months
  • No cancellation fee
  • More financial flexibility

More savings with Cheque-On-Call Plus

Balance Transfer

Your chance to enjoy maximum savings. Transfer the outstanding balance on your credit card or charge card with other banks to your Standard Chartered credit card. Then stretch your repayments for as long as you can. Take your time to enjoy the benefits!

  • Save more with fixed monthly instalments
  • Greater convenience and control when you consolidate your balances
  • Enjoy dining discounts nationwide with your Standard Chartered credit card
Balance Transfer PLUS

Your chance to enjoy maximum savings. Transfer the outstanding balance on your credit card or charge card with other banks to your Standard Chartered credit card. Then stretch your repayments for as long as you can. Take your time to enjoy the benefits!

  • Save more with fixed monthly instalments up to 36 months tenure
  • Enjoy early settlement with rebates at any time
  • Greater convenience and control when you consolidate your balances
  • Enjoy dining discounts nationwide with your Standard Chartered Credit card

5.99% Balance Transfer PLUS

Enjoy 5.99% Balance Transfer PLUS for 36 months tenure for a limited time

Apply for Balance Transfer Plus now!Apply Now
FlexiPay

Wouldn’t it be nice to have more financial flexibility whenever you need it? Want to own the latest gadgets? What about the times when your car needs servicing? Or when you need to pay medical expenses?

FlexiPay gives you the option to convert any of your Standard Chartered Credit Card purchase(s) to 12 month instalments at a low interest rate of 7.88%*p.a.

Simply charge RM500 or more in a single transaction on your Standard Chartered Credit Card and apply for FlexiPay via Online Banking today. Transaction to be converted into FlexiPay must be applied within one month from date of transaction.

FlexiPay (Monthly Instalment)

Car repairs – RM1,000

Medical expenses – RM3,000

The above table is for illustration purposes. Actual amount may differ due to interest charges.

3 Easy Steps to Apply for FlexiPay Online

  • Step 1: Login to Online Banking .
  • Step 2: Select your Credit Card in the ‘Overview’ page.
  • Step 3: Select the Credit Card transaction(s) you wish to apply for FlexiPay by clicking on the Select For FlexiPay box to submit application.

*7.88% p.a. is applicable for FlexiPay applications made via Online Banking only.
Terms and Conditions apply .

eStatements

At Standard Chartered, we are constantly updating our online services to provide you with greater convenience. That’s why we’re pleased to introduce the Standard Chartered Credit Card eStatement, which is a simple, hassle-free way to receive your monthly statements online.

Just follow these 3 simple steps to register:

Call Standard Chartered Call Centre at 03 7718 9999.

Speaking Up

Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.

Disclaimer

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

Can we help? Let’s talk

Need to learn more about our offerings – our expert consultants are online and ready to assist. How would you like to chat with us?

Need a personal touch? start an interactive video session with one of our expert consultants.

On the move? use our voice chat solution to talk to one of our expert consultants.

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This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/my/ and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/my/

You’re about to leave our website

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/my/ and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/my/

Breeze Mobile Banking

Download our app for a faster and easier banking experience through your mobile.

  • Breeze Mobile Banking

    Download our app for a faster and easier banking experience through your mobile.

    September 26 th 2014

    IT security researchers have recently discovered a vulnerability in a software that is commonly used in Unix and Linux operating systems to execute commands from applications. This vulnerability could allow an attacker to gain control over an affected machine, access confidential information and perform unauthorised activities.

    The Bank has carried out investigations and found no vulnerability in our systems. We will continue to monitor our systems and the external environment to take necessary action if a threat is detected.

    Disclaimer

    This link brings you to a third party Website, over which Standard Chartered Bank has no control (“3rd Party Website”). Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

    Standard Chartered Bank makes no warranties, representations or undertakings about and does not endorse, recommend or approve the contents of the 3rd Party Website.

    In addition to the terms stated in Standard Chartered Bank’s Important Legal Notices. Standard Chartered Bank shall have no responsibility or liability in connection with the content of or the consequences of accessing the 3rd Party Website, including any virus arising from or system failure associated with the 3rd Party Website.

    In the event of any inconsistency between the terms herein / the Bank’s Important Legal Notices and the terms on the 3rd Party Website, the terms herein / the Bank’s Important Legal Notices will prevail.

    By clicking “Proceed”, you will be confirming that you have read and agreed to the terms herein and in the Bank’s Important Legal Notices .

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    Advantages and Disadvantages of Trading in a Used Car #cars #for #cash


    #trade in cars
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    Advantages and Disadvantages of Trading in a Used Car

    There are advantages and disadvantages to trading in a used car on a new or used vehicle. When purchasing a car, one of the many decisions buyers need to make is what to do with their previous car. Should they sell it privately or trade it in to a dealership?

    Advantages of Trading in a Used Car

    Disadvantages of Trading in a Used Car

    The Trade-In Price Is Low

    The primary intention of a car dealership is to turn a profit. The quicker a dealership can make money on a particular vehicle, the stronger financial position they will be in. One of the easiest ways for a dealership to turn a quick profit is to purchase used vehicles at a discounted price and then resell them at a price higher than what they originally paid. Dealerships acquire used cars through various channels, but their primary avenue is to purchase used cars from people who are buying a new vehicle from the dealership.

    The trade-in price is hardly ever greater than or even equal to the price you can receive by selling the vehicle yourself. This is perhaps the biggest disadvantage to trading in a used vehicle. Depending on the make, model, year and condition of the vehicle, most dealerships will offer a trade-in price that ranges from below Kelley Blue Book value to right at KBB value.

    First, dealerships may not want to accept a used car trade-in if the vehicle is out of favor with the buying public. When gas prices soared in the summer of 2008, large trucks and SUVs fell into this category. Second, dealerships may not want to accept a used car trade-in if they already have a multitude of similar vehicles on their lot. If a dealership has five black Honda Accords that haven’t sold, why take another one? Most of the time, dealerships will still accept the trade and simply send the car immediately to auction. A vehicle’s desirability, however, can significantly impact its trade-in price.


    Advantages and Disadvantages of Buying Second Hand Cars #auto #blue #book


    #2nd hand cars
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    Advantages and Disadvantages of Buying Second Hand Cars

    There are a number of advantages to buying second hand cars. and there are also disadvantages. When making the decision to buy a second hand car is important to do your research and carefully consider both the pluses and minuses.

    • Depreciation. A new car starts to lose value as soon as you drive it off the lot. Unless you are dealing in very high end collector cars, every car you ever purchase will lose value pretty quickly. Some statistics suggest that by the fifth year of ownership your vehicle has lost 65 percent of its value. Certain cars depreciate even faster. When you buy a second hand car, quite a bit of that depreciation has already taken place so you are buying an asset. While it will still depreciate, it will lose value at a slower rate
    • Upfront costs. A new car is generally more expensive then a used one. You will be spending less of your money upfront and may also be able to pay cash to avoid financing the vehicle
    • Cheaper insurance. Used cars are usually cheaper to insure. You will also often save money on registration and tags. However, if you live in a state that requires an emissions test you will probably have to get one for a used car. This expense would be avoided with a new car

    Disadvantages

    • Buying a problem. Whenever you buy a used car you are taking a risk that you may be buying someone else’s problem. While it is not unheard of for new cars to have a large number of breakdowns or problems, you can be assured that the dealer or manufacturer will make every effort to make you happy. If you encounter problems with a used car you are often on your own.
    • No warranty. A brand new car will come with a pretty extensive warranty. A used car will not offer the same protection. Depending on how old the car is there may be an original factory warranty remaining. If that is not the case it is often a good idea to purchase an extended warranty. If possible, shop for a certified pre-owned car. These cars are checked out extensively by the dealer and usually come with some type of warranty.
    • Choice. While their selection of used cars is huge you may not get the exact car you are looking for. When buying new, you can choose all the options and colors

    Tips for Buying Second Hand Cars

    When buying a second hand car, you have to be careful and vigilant.

    • You don’t have to be a mechanic to find damage done to the car. Make sure that you check the car inside, outside and below
    • Start with the exterior and check it for possible problems like ripped lines, gaps in the car panels, rusty spots, corrosion, accidents and trailer hitches
    • Check the engine for oil or coolant leaks. Check the engine for dirt. Is the oil level low and is the dipstick too dark? Make sure that the engine shows that proper maintenance work has been done regularly. There should be no smoke, warning lights, steam or sounds when you run the engine
    • Check the transmission for problems like time between shifting the gears. Is there any trouble between shifting like a shudder or shiver?
    • Check the manual transmission to make sure that the car has no leaks, noises, trouble while changing gears, while moving the clutch etc.
    • Inquire about the reason for the sale. Most private owners will sell the car when they have a second, better model or when the car has been in an accident. This means that the car might be pretty good or really bad. As a private owner, you are buying the car “as-is”. That means you cannot object if there are problems with the car later on
    • Check the car for the Vehicle Identification Number to find out car’s history like failed emissions tests, rolled back odometers, flooding, number of owners of the car and more
    • If you like the car, bring an independent car mechanic with you to check out the car on a second day. If required, you can pay a small amount to the owner to show that you are interested in the car
    • If the mechanic is satisfied with the car, take the car for a test drive. Make sure that the engine starts properly and that there are no vibrations and sounds. Apply the brakes and then start and stop the car. Check the speedometer and the odometer to make sure that all is working properly
    • Second hand car dealers are more likely to sell you good cars but they might try to cheat you in the form of processing fees and warranties