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Auto NewsToyota Financial credit rating lowered by Standard & Poor’s
Guess that Toyota recall will continue to hurt for a while
Toyota is a brand that has been synonymous with quality over the years. While they remain a high-quality automaker, the recent Toyota recall (including the little Prius braking problem) have but a bit of a damper on their financial [...] -
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 [...]