For March, Ford, GM and Chrysler are all offering long-term, no interest car loans on many 2010 models. If you qualify for 0% financing on your auto loan, you could save thousands of dollars that would have gone to interest, especially on a long-term 60 or 72-month loan. The best deal available this month is […]
Read Full Post »
Posted in auto loan, Incentives, Leasing on Feb 3rd, 2010
February car shoppers will find continued record-low auto loan interest rates and more attractive leasing incentives across the foreign brands. Honda – Honda continues its focus on leasing incentives in February. Only the 2009 and 2010 Odyssey and Pilot have car loan incentives in February. You can get an auto loan with 1.9% to 2.9% […]
Read Full Post »
Posted in auto loan, Automotive, Chrysler, GM on Oct 28th, 2009
GMAC Financial Services is in talks with the Treasury Department for another infusion of taxpayer money. GMAC, which provides auto loans and leases to car shoppers, faces a November deadline to raise an $11.5 billion capital cushion mandated by results of the government’s stress test, the AP reports. The government gave stress tests to 19 […]
Read Full Post »
Posted in auto loan, Uncategorized on Dec 11th, 2008
It has been the subject of countless debate between automotive enthusiasts, what congress is going to do about the failing American auto industry. By the time things had reached a fever-pitch more than one auto giant was claiming that help from congress would be the only hope for survival in a do-or-die situation. Though not […]
Read Full Post »
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 […]
Read Full Post »
With the credit crunch in full-force and consumers having a difficult time paying their bills, those who need a new car and don’t have superb credit scores may now be able to qualify for a new car with Chrysler, reports the Detroit Free Press. Especially with Chrysler’s 15.5 percent decline in sales this year compared to last […]
Read Full Post »
Posted in auto loan, Financing on Apr 25th, 2008
Most people’s first car is a hand-me-down or a junker. You probably didn’t have to take out a loan to buy it. Maybe now you’re a little older and you need to replace that heap of rusty metal with a more reliable and newer car. Can’t pay in full? There’s a good certainty that you […]
Read Full Post »
With many lenders tightening their requirements before they give you a car loan, it’s in your best interest to get your credit score as high as possible before you apply for financing. Buyers will find that lenders are requiring higher credit scores because they’ve been burned by the rising delinquency rates of consumers. So how do you get […]
Read Full Post »
With news of manufactureres cutting production on large trucks and SUV’s another announcement recently really turned my head. Chrysler is shutting down! That is right they are shutting down for two weeks this summer. Did I wake up and find myself in Europe? No, Chrysler says they are doing much needed changes to production lines. […]
Read Full Post »
In an article at Marketwatch.com Marshall Loeb writes about what a great time it is to take out a loan for a new or used car. His key points: – Do your homework – Figure out what you can afford – Try to get a loan from another source other than the dealer – Then ask […]
Read Full Post »