2012 Hottest Cars That Are Well Worth The Wait

It's a distinctly American trait to want what's next—even before it's here. Yes, Americans are spoiled, with too many choices in every genre of product, especially cars. But so what? This is the place where cars blossomed, where the first (and arguably best) car culture still exists. And where we haven't stopped loving—and lusting after—the cool car around the next bend. With that in mind, here's PM's calendar of 12 cool cars under $50,000 that will go on sale in the next 18 months. Note that the exact dates may not be 100 percent accurate: The timetable is based on what the notoriously vague car flacks told us. So we've pried free what info we could, and we share it with you here.

SEPTEMBER: 2012 Jeep Grand Cherokee SRT8

While we've heard reports that the SRT will get as much as 500 hp from its new 6.4-liter Hemi V8, we're at least certain that the SRT is actually coming, and likely to arrive late this summer. If it's anything like the already deeply impressive Grand, the SRT8 is going to be both refined and scary fast, with a predicted eight-speed transmission that deeply undercuts the likes of the Porsche Cayenne Turbo and other performance crossovers.

ALSO: In 2012 we'll see a Maserati 4x4 based on this Jeep's platform, with a Ferrari-designed V8 under the hood. How come? Because Fiat owns both Chrysler (Jeep's parent) and Maserati/Ferrari. If you have a deeper philosophical question, like, "Does the world need a Jeeperati?," we'll advise that you sit back and let the market decide.

NOVEMBER: 2012 Hyundai Veloster 

Hyundai is pulling a very neat trick with its Veloster. It's a slightly larger car inside than the Scion tC (and Mini Clubman or Honda CR-Z hybrid). Yet thanks to a very low 2,600-pound curb weight—400 pounds less than the tC— it's said to get up to 40 mpg from its directly injected, 1.6-liter four-cylinder engine. That would best Honda's CR-Z numbers without necessity of hybrid technology, and with the benefit of a bigger cabin. One oddity: Access to the interior is a bit quirky, with one door on the driver's side, but both front and rear doors on the passenger side. Remember that weight? Fewer doors allow a carmaker to reduce structural reinforcements, and that keeps down bulk. And a low weight allows an increase in fun factor—indeed, Hyundai is promising greater sportiness than its rivals. Can the Veloster "out-fun" a Mini? Hmm, we're not sure, but Hyundai is promising a tighter turning circle than even a base Mini Cooper and a sophisticated, buttoned-down-sounding suspension. Transmissions include Hyundai's first dual-clutch six speed (hopefully with paddles) or a six-speed manual.

DECEMBER: 2012 Toyota/Subaru FT-86 Sports Car

The joint-project sports car from Toyota and Subaru is now getting far enough along to report at least the following, even though we're certain much will change. The car is said to be very light, and to use at least two versions of Subaru's flat, 2.0-liter four, with output purported to be around 200 hp in the RWD Toyota model and 250 hp in the Subaru version. Toyota's edition bows first, reportedly late this year, and not as a Toyota, but as a Scion, with the name FR-S. The Subie, if it comes to these shores, won't arrive until mid-2012 at the soonest.

JANUARY 2012: 2013 ZL1 Camaro

A hot Camaro is coming and will be powered by the Cadillac CTS-V's 6.2-liter V8 with roughly 550 hp. Given how the Camaro SS with a 6.2-liter V8 that puts out a mere 426 hp can already clock a 0-to-60-mph sprint in less than 5 seconds, the ZL1 is going to be scary fast. This Camaro will go toe-to-toe with Ford's Shelby GT500—and BMW M3 and Porsche 911 owners should watch their rearviews too.

JANUARY 2012: 2013 Ford Focus ST

The new Focus is at last debuting in the U.S., with a 2.0-liter, direct-injected, 160-hp motor and variable valve timing, as well as a five-speed manual. But, the car to wait for is the 2013 Focus ST, which debuts in early 2012. It gets a six-speed manual with the same EcoBoost (turbocharged) 2.0-liter as the much larger Edge and Explorer and will be good for somewhere in the neighborhood of 250 hp, which puts it in league with hot hatches like the MazdaSpeed3 and beyond the output of the VW GTI. Ford is also promising a tauter suspension and meatier tires as well as bigger brakes to go with all that horsepower. 

 FEBRUARY 2012: 2013 Mitsubishi Evo XI

With Mitsubishi scrapping its gas guzzlers and launching brand-new electric and gas-electric hybrids, all aimed at meeting ever-tighter global emissions standards, the rumor mill is suggesting that even the Lancer Evolution is going to go green. Or green-ish. The idea is to keep it high-performance and AWD, but also use some of the technology already behind the forthcoming i-MiEV electric city car and wed it to either a turbodiesel or a gas motor. The potential would still be there for exceptional output when both gas/electric power plants combine, but it's possible Mitsubishi may allow the driver to roll up to highway speeds on battery juice alone, vastly improving fuel economy. Evo XI may become both larger and more refined too, positioning it more naturally against rivals like Audi. 

MARCH 2012: 2013 Toyota Prius C

At this year's North American International Auto Show in Detroit, Toyota debuted an entire line of Prius models, including the intriguing Prius C Concept. They still stress that this is a concept, but a small, sporty hybrid hatchback is surely on its way. We can merely hope Toyota is smart enough to retain these design cues, especially as this is meant to be a "fun to drive" hybrid with taut handling and a sub-$20K price. Toyota is promising the highest mileage of any hybrid on the road that isn't a plug-in. 

APRIL 2012: 2013 Mini Paceman

The Paceman is a two-door concept coupe that debuted last year, and our sources say it's a lock for production. Mini will have to work hard with this model, though, which is essentially the forthcoming Countryman minus two doors. The Paceman should either get real horsepower and ride considerably lower than the Countryman (think: a big version of the Mini Cooper S, but with all-wheel drive), or be made even more all-road capable than the Countryman, as a rival to the likes of the Subaru WRX—of course in full rally-car livery. The latter may actually be more likely, as Mini is racing a 2011 Countryman in the World Rally Championships. That car? It gets 300 hp!

EARLY 2012: Volkswagen Golf R

Volkswagen had been one of the few brands in the United States that hasn't decided to Buick-ize its styling and sponge down its ride. And, indeed, the Golf R promises to be anything but vanilla. With the Golf R's AWD, 280 hp and a real six-speed gearbox, Volkswagen is at last bringing a genuine WRX fighter to the U.S. Volkswagen is even committing two body styles to the contest, pitting this car against the Mini Paceman (only a three-door). Fuel economy is said to be 20 percent better than the old R32, at a price that should be near $32,000. It will have new brake rotors, plus more aggressive stability-control settings with "track setting" or the equivalent. Expect both two- and four-door body styles, both of which will get R-body-style cosmetics and sport exhaust.

FALL 2012: Ford Fiesta ST

The Fiesta ST will have an altered body for improved cooling, but may be available only as a three-door hatch. It will have better suspension tuning, possibly Recaro racing seats, some unique trim, 17-inch wheels, speed-rated performance tires and dual exhaust. Ford reportedly experimented with cramming the 2.0-liter engine from the Focus ST into this car. Unfortunately, that won't be coming to the showroom, partly because Ford is working hard to differentiate its two hot hatches.

 

LATE 2012: Corvette C7

The current 'Vette has looked the same for nearly 13 years. Though it's still an amazing car, delivering Ferrari-like performance for one-fifth the price, it's dated in many respects. Expect a lot from the all-new C7 Corvette, then, with cool exterior cues like a split rear window and a vastly upgraded interior that's well above the coach-class quarters of the present car. But handling, which has always been the car's strongest suit, will remain largely unaltered. Horsepower targets in the 400-450 range would be a safe bet for this $50,000 car, even as GM aims to lower displacement to shave weight and nudge up the fuel economy. There might even be forced induction of some kind, and it's perfectly reasonable to expect direct fuel injection for the newest crown jewel of the Chevy badge

EARLY 2013: BMW i3 Electric City Car

BMW claim that it's new $35,000 Chevy Volt-beater will have 99 miles of range from its rear-mounted electric motor and floor-mounted batteries. BMW (being BMW) is also claiming 100 mph for the car's top speed, and the i3 could bring the equivalent of 150 horsepower. Cargo will be divided between the rear seats and in the front trunk (a la the original, rear-engine VW Beetle). Much of the body will be made of carbon-reinforced plastic.

Wireless charging is one intriguing concepts we hope makes it to market. In conjunction with industrial giant Siemens, BMW is working on a magnetic field charging system, like those used in wireless laptop and cell phone charging pads, where a car would parked above a charging station. At that point, a coil in both the ground and the vehicle would recognize each other and begin the charge. This beats having your Volt or Prius PHV plugged in via wire at a garage or mall for a few hours, where vandalism or other hazards exist.

Read more: Best New Cars for 2012 - 12 Cool Cars Worth Waiting For - Popular Mechanics

Toyota Prius Goes Sporty!

Coming in 2014

Toyota has been hinting for years that it would be expanding its Prius model lineup, and the new Prius v we just took for a test drive is likely just the start of a bigger Prius family. Over the past two years, rumors of a minivan, a convertible, and even an SUV variant have been tossed about. But the one derivative of the bunch that has enthusiasts interested is the American-inspired Prius Sports Coupe project. Our source tells us that without the strong push for this car from Toyota's U.S. arm, this project wouldn't have made it past first base. What you see here is one artist's impression of how the Sports Coupe will look when it debuts in late 2014, the same year the next-generation Prius is expected to surface.

Our insider explains that with development of the Lexus LFA supercar scaling down, and R&D funds and personnel being re-routed, we can expect to see a proliferation of more fun-to-drive hybrid cars over the next three to five years. It seems part-time race car driver and full-time Toyota CEO Akio Toyoda is having some influence on the automaker's car development program.

One of the highlights of this coupe will be the option of a manual transmission that Toyota is developing for hybrids at the Higashi-Fuji proving ground near Mt. Fuji. That manual gearbox will be bolted to the company's next-generation hybrid system with plug-in capability, a system that will be completely new and not inherited from the Prius. Our spies tell us that the sports coupe will employ a rear-drive platform and will incorporate the plug-in hybrid unit with lightweight Li-ion batteries that generate significantly more power than the current Prius, but maintain class-leading mileage and CO2 emissions.

This is just the beginning. Come 2015, our source tells us the company will officially roll out its long-rumored "Prius brand," from which we can expect all future Toyota hybrid models, as well as a hydrogen-powered sedan that reportedly is in development. And the flagship for the new brand will be the Sports Coupe.

Read more: http://www.motortrend.com/future/future_vehicles/1105_toyota_prius_sports_coupe_in_pipeline/index.html#ixzz1RupHaEHJ

Does your vehicle have GAP?

You've got your auto lease deal all set when it hits you: "What happens if this car gets into an accident?"

Technically, the car still belongs to the manufacturer or leasing company. But, you're still responsible for replacing it. That's right. Even after your auto insurance company figures out how much the car is worth and pays off the damage, you may still owe the carmaker some dough. And that's where gap insurance comes in.
Though it may sound trivial, gap insurance is a must for leasing. And if you made a small down payment when buying a car, a gap policy can be a lifesaver as well. But first, let's look at why it exists.

As the name implies, gap insurance covers what traditional car insurance doesn't. In other words, it closes the gap between what your auto insurance company pays if your car is stolen or totaled and what you owe the finance company.

Let's take a test case. Say you bought your car two months ago for $25,000. You begin making car payments at about $500 a month based on a 6-percent interest rate. Then, disaster strikes: a tree falls on your car and flattens it.

You call the auto insurance company and the adjustor looks into his crystal ball and decides at the time of the accident your car was worth only $20,000. The car may only be a couple of months old, but it has already lost 20 percent of its value. Unfortunately, the finance company still wants the full amount you owe them. With interest, tax and license fees, they figure that to be $27,000.

Yikes! There's a gap of $7,000 between the $20,000 that the insurance company is willing to pay you and the $27,000 the finance company is demanding. Most folks are going to be eating Spam dinners for the next two years, but if you have gap insurance you can safely order steak.

Apply the same scenario to someone who bought their car. If they left the dealer lot without putting several thousand dollars down, they likely owe more than the auto insurance company will pay if the vehicle gets totaled or stolen in the first few years. Once again, gap coverage can save the day.

And that's why gap insurance is a must for many drivers. In fact, gap insurance is usually mandated by lease contracts or included within them. If a gap policy is required but not included in your contract, you should shop around for this coverage (car insurance companies sell it). If gap coverage is included in the car lease, check to see how much is offered and how much you're going to be paying for it. (In some cases, lease contracts may include what is known as a gap waiver, which protects you from gap charges in the event that the leased vehicle is declared a total loss — eliminating the need for a gap policy.)

Is gap insurance necessary for people who finance their cars? Well, it depends on your coverage. If your regular auto insurance policy is written to pay off the fully financed amount, then you don't need gap insurance.

A few things to keep in mind when buying gap insurance:

• Although most people purchase it when a lease is initiated, some car insurance companies will sell you a gap policy anytime during the lease term.
• You must be in compliance with all terms of the lease.
• Your gap insurance policy may not be honored if you don't have collision and comprehensive insurance coverage. Further, lease contracts generally require that you carry collision and comprehensive at all times.

If your car is totaled or stolen, carefully follow all requirements made by your auto insurance company. For example, some companies require you to continue making car payments on your totaled vehicle until the money from the gap insurance is paid out.

So when initiating a car loan or lease, always remember to ask your insurance agent or loan officer about gap insurance. If you have an accident, you'll be glad you planned ahead.

Five tips to keep your tires in good shape

“Ten years ago, NHTSA and AAA helped Rubber Manufacturers Association (RMA) launch National Tire Safety Week,” said Charles Cannon, RMA president and CEO. “Our partnership and efforts continue today because our job is not finished. Too many drivers fail to do one simple task every month that will reduce their safety risk and help our nation conserve valuable natural resources. Checking tire pressure takes just five minutes, and it's worth every second.”

There is a lot to be learned about tire safety. An RMA survey shows that 85 percent of motorists don't know how to properly inflate their tires, and only 20 percent of drivers check their tire pressure each month.

AAA anticipates that it will assist 1.2 million stranded motorists with tire-related issues this summer, many of which could be avoided. Follow our tire-safety checklist to make sure AAA doesn't have to come to your rescue.

1. Check tire pressure. Do this at least once a month and before and after any long trips. Automakers often suggest a cold tire pressure in the neighborhood of 30 psi, but you should check your owner's manual to see what your car needs. Be sure to use the automaker's recommended pressure and not the maximum pressure indicated on the tires. That number represents the absolute max psi a given tire can hold, not what it should be rolling on day in and day out.

According to Goodyear, a tire that is underinflated doesn't roll as easily and the increased rolling resistance requires more energy, robbing the vehicle of fuel efficiency. Optimal inflation can improve fuel economy by 3.3 percent, according to the U.S. Department of Energy.

Keep a gauge in your glovebox, and visit your neighborhood gas station to get air if your pressure is too low.

2. Rotate your tires. Michelin says this should be done every 6,000 to 8,000 miles. Every tire will wear differently. On front-wheel-drive cars, the front wheels wear at almost twice the rate of the rear wheels. Some specialists say that in left-hand-drive countries, the left tire may wear faster than the right, so keep an eye out for that. Regularly rotating tires helps achieve more uniform wear, which means consistent performance and longer tire life. Have your tires rotated at a shop for about $15 or buy a hydraulic floor jack and do it yourself.

3. Examine your treads. The old wisdom was that tires should have at least 2/32 inch of tread depth, and laws agree. But new information from Tirerack.com shows that greater depth is preferred. In their tests, a new tire with 10/32 inch of depth took 195.2 feet to stop in the rain, while tires with 4/32 inch took 290 feet and tires with 2/32 inch depth took 378.8 feet to stop.

To make sure your tires have a tread depth of at least 4/32 inch, stick a quarter, Washington's head facing down, into one of the tire-tread grooves. If any part of Washington's head is obscured, you have at least that amount of tread. Prefer to stick with the legal 2/32-inch tread depth? Perform the same check, but use a penny and, of course, Lincoln's head.

4. Align your wheels. Improperly aligned wheels can create rapid and uneven wear, says the Rubber Manufacturers Association. Misaligned wheels can also create steering and tracking problems. Take you car to a service station for alignment and the technicians will adjust the steering and suspension components to manufacturer specifications, making sure that the wheels are perpendicular to the ground and parallel to each other. According to Midas, a basic four-wheel alignment on an average sedan will cost about $80.

5. Keep the deepest treads in the rear. Though this may seem counterintuitive, since the front tires do the braking and steering, if you have two newer tires and two older tires, keep the newer rubber on the rear wheels. Deeper treads grip the road and channel water better, making the rear of the car less likely to hydroplane and fishtail. The result is that, while your shabby front tires may result in understeer, it's easier for a driver to correct from such a condition than from oversteer resulting from worn rear tires.

Read more: http://www.autoweek.com/article/20110608/CARNEWS/110609872#ixzz1PBgGYYQg