Posted in auto loan, Automotive, car buying incentives, Credit Scores, Financing, Lower interest rates on Apr 30th, 2008
The Federal Reserve lowered interest rates today by a quarter of a point to 2%. Don’t expect the rate to go lower any time soon though, as the Fed has indicated that rates will remain steady for a while.So who does this rate cut affect? If you have fabulous credit, then listen up. You can […]
Posted in Automotive, Bad Credit, Credit Scores, Financing, No Credit on Apr 30th, 2008
Pierre Money Mart has done a great article on how to build credit when you’re starting from scratch. Unless you have a co-signer, you have to maintain good credit history to apply for a car loan. Things like secured credit cards and opening up a checking account will help make you look more attractive to […]
Posted in Automotive, Financing, GM on Apr 30th, 2008
The Detroit News reports today that GM has lost $3.3 billion in the first quarter of 2008. This is huge, compared to GM’s net loss of $42 million in the first quarter of 2007. Why such a huge loss? The strike at parts maker and supplier American Axle and Manufacturing, a weak U.S. market and […]
Posted in Automotive, Budget-friendly on Apr 29th, 2008
Need a new car just to get you from point A to point B? Need a car just for commuting to and from work? Don’t care about luxury, comfort or aesthetics? Don’t want to spend a lot of money? If this sounds like the current car buying situation you’re in, check out Kelley Blue […]
Posted in Automotive, Certified pre-owned on Apr 29th, 2008
New York – Forbes.com has created a list of the best and worst certified pre-owned (CPO) vehicles available in the U.S. market. In making their picks, the site’s editors weighed such factors as resale value, safety and manufacturer warranty programs, including information from Kelley Blue Book and Consumer Reports. Forbes.com Best CPO Vehicles: 1. Honda […]
Posted in Automotive, Car Budget, Cars for families on Apr 29th, 2008
In a family consisting of two parents and at least a few kids, there is no way they will all fit comfortably in a sedan or anything smaller, especially if mom and dad are toting around their kids’ friends too. With sky-high gas prices and families cutting back any way they can, how can they afford […]
Posted in Automotive, Gas Prices, GM, SUV, Trucks on Apr 29th, 2008
Slow SUV and pickup truck sales have forced General Motors to eliminate one shift each at four of their North American factories. As a result, about 3,500 GM workers will be laid-off. GM said Monday that the cuts were brought on by weak demand due to high gas prices and an economic downturn. The lay-offs […]
Posted in Automotive, Cars For Commuting, Volkswagen on Apr 28th, 2008
Europeans have long known the advantages of a modern diesel engine. Torque-laden and economical, the make for perfect city car engines. Of all the European manufactures Volkswagen has been the one that has alway truly brought this technology to the masses. Well after a few years absence, VW’s TDI engines are back, only this time […]
Posted in Automotive on Apr 28th, 2008
This is a car that was born out of questions. Rumor has it that when GM big wig Rick Wagner drove the new Corvette Z06 he was so impressed he said, “If this is what we can do with $70,000, I wonder what a $100,000 Corvette would be like..” That’s all that was needed. With […]
Posted in Automotive, Jeep on Apr 28th, 2008
JeepSpace.com, a spin-off of MySpace.com, recently launched to provide Jeep enthusiasts with a comprehensive social networking Web site. The site will allow Jeep owners and fans opportunities to meet, socialize and network with each other worldwide through various interactive features. More than 150,000 Jeep owners registered during the site’s launch and is growing at almost […]
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