Auto Loans Increased 6% in 2012

Auto loans are making a comeback, increasing over 6% last year alone. Auto finance companies are making more loans and leases, helping consumer purchase more cars. Ally Financial moved past Toyota Motor Credit Corp. to claim the No. 1 spot in the ranking with $67.3 billion of loans and leases outstanding. For the full top […]

Guidelines For Helping At A Crash Scene

The article provides a basic, common sense guide for reacting to, and assisting at, the scene of a vehicle accident. Initial advice includes slowing to assess the severity of the collision and whether it is necessary to stop and render assistance, with an emphasis placed on seeing to your own safety and leaving room for […]

Florida Automobile Fees May Drop to Historic Rates

Florida State Senator Anitere Flores has offered an amendment to House Bill 635 that, if it becomes law, will roll back automobile fees in America’s wackiest state.      The original bill that the Miami Republican attached the amendment to was a call for the ending of tax breaks that insurance companies have been enjoying […]

Mini Financial Services Unveils E-Contracting Platform

Mini Financial Services has launched a brand new e-contracted service for Mini dealerships in New Jersey to include at the storied Prestige Mini in Ramsey, N.J. Mini Financial Services says that its New Jersey efforts are just the beginning to its larger plan of eventually offering the e-contracting platform at every Mini dealership in the […]

Used-Car Sales in March Shoot Past 3 Million, First Time in 11 Years

We’re back baby! The financial nightmare is over for March used-car sales topped three million for the first time since March 2002. About 3.7 million used cars were sold in America in the month, a hefty 37 percent jump from the 2.7 million sold in March of last year, and a 19 percent increase from […]

Ohio BHPH Lot Charged With Violation Of Consumer Protections

Pinkerton-area business Dads Car Lot Inc. has been accused of violation of various Consumer Law protections. In court filings yesterday, the Ohio State Attorney General sought more than $9000 in damages against the owners of Dads Car Lot in addition to civil penalties. The Attorney General’s Office has received scores of complaints against the company. […]

Euro’s Auto Industry Staggers as Germany’s Car Sales Plunge

“Nien! Nien! Nien!,” is the cry from the German auto industry as new car sales in the once-proud nation plunged by more than 10 percent year-over-year in February. The woes of our Teutonic friends are the same weigh heavily on the bowing backs of the rest of our European cousins. If there’s one thing we […]

Certified Pre-Owned Sales Has Record-Breaking Month, Quarter

In March 2013 a record-breaking number of brands saw peak sales in their certified pre-owned categories. According to information found on Autodata, ten brands recorded highest-ever CPO sales last month, while seven brands reported top quarterly sales for the same group. While the jump in sales mimics a similar occurrence in March of last year, […]

Tesla Offers New Lease-Like 66-Month Car Loan

Tesla Motors has introduced a new 66-month car loan to entice prospective buyers to pull the trigger and buy a $62,000+ all-electric sedan that is powered by batteries that may or may not last 66 months. However, proving that Tesla is not your grandmother’s electric carmaker, its new car loan comes with a personal guarantee […]

Time to Trade-in a Perfectly Good Car?

Ever wonder what will spark the next trend in automobile sales? Like being ahead of the crowd? Trading up to a nicer used car or truck before old faithful becomes junk is catching on. Manheim economist Tom Webb says the world’s largest provider of vehicle remarketing services believes that used-vehicle retail sales will hit an […]