More People Than You Realize If you have an outstanding auto loan and are not satisfied with the interest rate you’re paying, it seems like a natural step if your FICO score is above 600 to attempt to refinance your vehicle. If it doesn’t to you, it should. Considering that online auto refinancing is an Read on! →


When you’re looking into an auto loan, watch out for ones that use an old formula called the “Rule of 78s.” This is a method of calculating a rebate of finance charges when a customer repays their debt early. In actuality, the rebate ends up being a “sneaky prepayment penalty,” claims Bankrate.com. The loan-padding scheme, Read on! →


If you think gas is too expensive and would like to improve your automobile’s fuel economy, consider hypermiling. This “gentle driving” technique that has been perfected by NASCAR will help you save money by enabling you to squeeze as many miles per gallon as possible out of your gas tank. As How Stuff Works puts Read on! →


Morpace released a recent survey on the habits of car buyers. One of the trends it indicated is that car buyers don’t care about which dealership they buy a new or used vehicle from. It may not matter where the auto loan comes from either. It turns out that the average American cares the most Read on! →


When you’re in the market to purchase a used car, it pays to know what details are important. Consumer protections such as the FTC Used Car Rule help ensure that you aren’t being taken advantage of when you’re at a dealership, but what if you’re stuck in the early stages of simply trying to decide Read on! →


The new Chevy Volt lithium-ion battery is what General Motors is counting on for its future. GM announced Wednesday that the Volt’s lithium-ion battery is going to be guaranteed for eight years or 100,000 miles, depending on which comes first. Battery for Chevy Volt is different from other cars The warranties on GM’s conventional car Read on! →


One of the more careless practices that necessitated the subprime bailout was sloppy loan underwriting procedures. Lenders did not sufficiently weigh the risk of lending to consumers who were hard-pressed to repay, leading to excessive loan default. Wards Auto reports that this has led vehicle finance companies to take a closer look at incoming auto Read on! →


The North American automotive industry is experiencing a turnaround, and General Motors is no exception. Reuters reports that GM recorded $2 billion in profits for the third-quarter, with an earnings per share increase of $1.20. This turn of success has spurred the recently bankrupt automaker toward an initial public offering of stock by next week. Read on! →


If you are considering shopping for a new or used vehicle via online auction, it would make sense to acquaint yourself with the top 10 ways to avoid online scams. This is not to say that all online auction websites like eBay and Yahoo Auctions are going to lead you into a financial quagmire if Read on! →