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Auto NewsTop 10 Toyota hearings moments
Jim Lentz answers questions for Congress, the customer gets hosed
There’s a Toyota recall in progress – and someone’s responsible!
Actually, a number of pieces within the organizational puzzle are responsible for the braking and acceleration problems that have landed the Japanese automaker in hot water. Congress has Toyota’s North American sales force President Jim Lentz on [...] -
Auto NewsToo big to fail? You may kiss that privilege goodbye, GMAC
Congress roasts GMAC, suggests future stimulus in jeopardy
In the recently released “January Oversight Report: Exiting TARP and Unwinding its Impact on the Financial Markets,” the Congressional Oversight Panel looked over the entire $700 billion TARP bailout. Among many topics across our nation’s economy, they paid particular interest to charges that GMAC received “special treatment” from [...] -
Saving MoneySaving Money: Top 10 Ways to Decrease Your Interest Rates
Get Better Rates on Auto Loans and Auto Refinance Loans!
People often wonder why a person would go for a vehicle refinance loan. After all, cars always depreciate in value the moment they leave the lot. However, buyers still must pay the full amount they agreed to, regardless of the value of the car. A vehicle [...] -
Ask the ExpertAre You a Repossession Risk?
Repossessions are on the rise
In the third quarter of 2009, the national 60-day auto delinquency rate (defined by TransUnion.com as the ratio of auto loan borrowers 60 or more days past due) edged up to 0.81 percent, from .80 for the same quarter in 2008. TransUnion calculates the delinquency rate based on the approximately 27 [...] -
FYIAre you Looking for New Car Loans?
Online lenders usually offer lower interest rates than car dealerships. If you perform one extra step before you head to the car dealer, you could save yourself a lot of money and a lot of hassle later on. That simple extra step is to apply online for a pre-approved new car loan.
The first step in [...]