Posted in Automotive, Bad Credit, Financing on Oct 2nd, 2007
Subprime loans are showing up in the news everyday lately with the credit crunch all around us. When your looking for an auto loan it is important to understand where your credit is and if you fall into this category. Being in this category usually means you have had some issues with credit in the […]
Read Full Post »
Posted in Automotive, Bankruptcy, Financing on Sep 30th, 2007
For people with a recent bankruptcy in the past getting a loan can be difficult. Depending on the type of bankruptcy you claim, and how deep you are in debt, a car loan can be particularly hard to complete. In a piece on Ezine Articles they go over some of the challenges. You will find a good […]
Read Full Post »
Posted in Bad Credit, Bankruptcy, Financing on Sep 27th, 2007
What is the means test and if I am bankrupt can I get a car loan? The term means test refers to an investigative process undertaken to determine whether or not an individual or family is eligible to receive certain types of benefits from the government. The “test” can consist of quantifying the party’s income, […]
Read Full Post »
Posted in Automotive, Financing on Sep 20th, 2007
Given I have three kids in college, I have heard it all about cars and going to college. My first isssue is why does a kid need a car if they live on campus the first year. Most schools have plenty of transportation, parking on campus is bad, and tickets are expensive. Of course, the […]
Read Full Post »
Posted in Automotive, Car Reviews, Financing on Sep 17th, 2007
When I first saw the Lexus SC in a retractable hardtop I was sold (in my dreams anyway). What a great idea a convertable and hartop in one. The roof looks cool as it comes down and adds style to the car. No more theft issues from someone tearing into your convertable. No more chill […]
Read Full Post »
Posted in Automotive, Bad Credit, Financing on Sep 11th, 2007
It is like March Madness but in September for auto dealers. Sales are slow so, incentives are plenty and even the loans rates are still not that high if your credit is somewhat good. Honda who never has to offer incentives is in the game these days. The Wall Street Journal has a comprehensive review.
Read Full Post »
With all the bad news for the auto industry the past several months, a few manufacturers got thru August better than expected. GM, Nissan, and Honda, all completed August with an increase in sales. This came as a big surprise to Wall Street who has been expecting the negative to continue for all major new […]
Read Full Post »
Posted in Automotive, Financing on Sep 4th, 2007
Ford just announced today a $1,000 cash back reward on most Ford new cars and trucks. This also covers both 2007 and 2008 model year vehicles. With sales down this past summer Ford is looking for a new campaign that is straight forward and clear to get consumers back into showrooms. It is very surprising […]
Read Full Post »
Posted in Automotive, Financing on Sep 4th, 2007
Recently Motor Trend working with AutoTrader surveyed new car dealers about how consumers were financing new cars and trucks. The surprise results, which you can find on MotorTrader.com shows that consumers are using all kinds of financial institutions to find funding. Now more than ever consumers are coming to the dealer more prepared and ready […]
Read Full Post »
Posted in Automotive, Financing, Research on Aug 30th, 2007
Articles are going out all over, we have discussed this for weeks, sales are down and you can’t find a better time to buy. With the economy on shaky ground, mortgage and housing issues all around us, car buying is not expected to be high on consumers minds. Consumer confidence figures reported by the government […]
Read Full Post »