Archive for the 'Financing' Category

While it seems everyone is looking for a way to cut back on gas expenses, and hoping that gas prices will drop soon, there is one man who thinks the opposite. Mike Jackson, chairman and CEO of AutoNation Inc., America’s biggest auto retailer, says that the worst thing that could happen is that gas could […]

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Chrysler’s low sales figures have prompted the company to increase their incentives.  Not only are they offering the “Let’s Refuel America” $2.99 guaranteed gas price for three years on most models, but the company is increasing cash back incentives in an effort to move some inventory this month. Cars.com has listed the rebates and incentives […]

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Porsche is the top overall brand in J.D. Power and Associates’ annual ranking of initial vehicle quality, reports CNNMoney.com.  Infiniti came in second place, Lexus was third, Mercedes-Benz fourth and Toyota came in fifth to round out the top five. J.D. Power’s ranking measures both mechanical and design problems in the first 90 days of […]

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Toyota has launched its first-ever national Annual Percentage Rate program for select Toyota certified used vehicles, reports Special Finance. The national APR program offers eligible customers a 2.9 percent interest rate up to 66 months, and applies to certified used Tundra and Sequoia vehicles. “We’re excited to offer this special program for our customers and […]

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GM announced today that it is closing four truck and SUV plants in the U.S., Canada and Mexico as soaring fuel prices shift production to smaller, more fuel-efficient vehicles. CEO Rick Wagoner said Tuesday before the automaker’s annual meeting in Delaware the plants that will close are in Oshawa, Ontario; Moraine, Ohio; Janesville, Wis.; and […]

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The New York Times has a great story on their Web site today discussing how the credit crunch is affecting the auto industry.  It talks about how banks and lenders aren’t loaning as much money anymore and as a result, less people are getting financing for a car. Home owners who would usually take out […]

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When talking about refinancing, seldom do we hear about anything other than mortgages. Lesser known is the sizable sums of money that auto refinancing can save under the right conditions. Ed Powell, chief consumer officer at LendingTree.com, says that it’s important to remember that consumers still have good opportunities to improve their auto loan terms […]

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It’s a well-known fact that the economy is suffering.  Consumers just aren’t making big purchases right now.  People can’t sell their homes and some are even using credit cards to buy essentials, like groceries and gas. Things are bad.  One of the hardest-hit industries is the automotive industry.  Dealers are sitting on big inventories of […]

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DALLAS–(BUSINESS WIRE)–Just in time for Memorial Day travel, Verizon® Yellow Pages and Superpages.com® are hosting a nationwide gas giveaway today.  The one-day event will take place in 24 locations from Los Angeles to Philadelphia, and the first 200 cars at each location will receive a $40 pre-paid gas card. The gas giveaway will help ease […]

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Chrysler’s $2.99-a-gallon guaranteed gas price promotion, Let’s Refuel America, has had such a high response that the company has decided to extend it until July 7 because of dealer and customer demand for more time. “Customers and dealers across America have told us they like the gas guarantee incentive option, so we are providing a […]

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