No, the economy has not yet exactly recovered. No, we are not yet all fully employed, nor are we all living in right-side-up homes. However, yes, this is the year that, according to Forbes, we need to buy new cars. In fact, 2012 promises to be such a strong year when it comes to new-vehicle [...]
Continued Signs Of Life In The Auto Finance Sector
November 23, 2011 Leave a Comment
The auto financing sector seems to be the only financial sector that is showing signs of health. Earlier this week, S&P Indices and Experian both reported that default rates were increasing again in all areas, except auto financing. Ford Motor Company has emerged from the financial downturn of the last few years. It has seen [...]
Costco Megastores Add Car Sales
November 8, 2011 Leave a Comment
Talk about being able to buy everything in one place, when you walk into the nearest Costco, you can pick up bulk food items, clothing, electronics and now a brand new General Motors vehicle. Alright, it will not be that simple, but being a Costco member continues to give more perks. Beginning Nov. 1, members [...]
Price Gap Between Foreign And Domestic Cars Increases
October 24, 2011 Leave a Comment
A weak U.S dollar is preventing many foreign automakers from shipping their lower priced models to the states. That has created the larges price gap between foreign and domestic cars since 1999. On average the MSRP for a new imported car climbed to $31,536 in August, according to figures from the U.S. Bureau of Economic [...]
Debt Still Weighing U.S. Consumers Down
October 10, 2011 Leave a Comment
There are some signs of improvement in the American economy. More Americans made their credit card payments on time during the second quarter of 2011. That is always a good sign. Unfortunately, those gains were offset by an increase in auto loan delinquencies and mortgage foreclosures according to the American Bankers Association, which will definitely [...]
5 Credit Score Tips That Are Confusing
September 12, 2011 Leave a Comment
Understanding how to raise your credit score, then maintain it can be confusing for many people. Not just many people, most of the country. Just as people begin to understand their credit scores, more items are brought to light that cast even more smoke on the waters. Here are five credit score tips that just [...]
Top 10 Selling Vehicles In August 2011
September 6, 2011 Leave a Comment
August saw another month of solid car sales. Nearly every automaker saw sales increases, but Honda and Toyota continued their sales spiral. Here are the manufacturer’s stats for August, 2011. General Motors sales were up 18% Ford was up 11.2% Nissan was up 19.2% Hyundai was up 9.1% Chrysler grew by 31% Toyota was down [...]
