Posted in Automotive, Credit Scores, Financing on May 5th, 2008
There was an article in the Wall Street Journal over the weekend about credit scores and how they differ when you apply for credit. There are instances when the credit score from your yearly free report and the one the car dealers get are different, sometimes resulting in huge differences in your APR. It could […]
Posted in Automotive, Financing, Vehicle Sales on May 2nd, 2008
Reuters has compiled a list of the top 20 vehicles sold in the U.S. through April for the 2008 calendar year, as reported by the automakers and ranked by total units. Honda sales were not included due to technical difficulties. RANK VEHICLE 2008 2007 ’07 RANK %Chng 1 Ford F-Series P/U 192,951 228,343 […]
Posted in Automotive, Chrysler, Financing, Ford, Gas Prices, GM, Honda, Nissan, SUV, Toyota, Trucks on May 2nd, 2008
Throughout the month of April, consumers traded in their gas-sucking SUV’s and trucks for smaller, more fuel-efficient cars. Even with a slow economy, there’s no surprise that we’re seeing this trend of people who are buying smaller vehicles that cost less to fill up the tank. Toyota, Nissan and Honda, all popular manufacturers of smaller, […]
Posted in Automotive, Financing, Gap insurance, Insurance, New cars on May 1st, 2008
Can you really buy a new car, drive it off the lot and then total it in an accident on your way home? Sure. Accidents are totally unpredictable and I’m sure there are people out there who have had this situation happen to them. I think gap insurance is definitely something you should read up […]
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, cash-back incentives, Financing, Incentives on Apr 28th, 2008
On Friday, Cars.com listed their top finds for vehicles with the best cash-back incentives. These deals are only good until Wednesday, April 30, so this might help if you are waiting until the end of the month to buy a car and get a good deal. Dodge, Hyundai, BMW and Volvo all made the list. […]
Posted in Automotive, Financing, Fuel Prices, Gas Prices on Apr 28th, 2008
Gas prices are still on the rise. What a shocker, right? Car dealers know this and they know that fuel-efficient, smaller cars are big sellers right now. With big, gas guzzling SUV’s and trucks sitting on their lots, dealers might not give you such a great deal on a smaller car right now.For those who […]
Posted in auto loan, Automotive, Bad Credit, car buying incentives, Chrysler, Credit Scores, Financing, Incentives on Apr 25th, 2008
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 […]
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