As the auto industry undergoes a profound transformation, new cars may be a better investment than pre-owned vehicles. Low interest and no interest financing for new cars is creating an unusual auto loan environment. Classic assumptions about new versus used cars aren’t always correct. Depending on the make and model, there are some vehicles that Read on! →


Auto dealer regulation has been on the minds of House Democrats of late, or more specifically a lack thereof. Their belief is that the newly formed Consumer Financial Protection Agency (CFPA) would hamper auto dealers’ ability to recover during these trying financial times by limiting their ability to continue offering dealer-assisted financing.  Led by New Read on! →


A recent article in Automotive News reports that when it comes to auto dealers, women in auto sales may be just the recipe needed to increase the bottom line. The traditional preponderance of male salespeople in the auto sales industry created a “testosterone barrier” that may have been appropriate when purchasing decisions in American households Read on! →


Origination of U.S. auto loans in the first quarter was particularly lively, according to a new report by Experian Automotive. Easier auto lending terms – some of the easiest since the dawn of the recent recession – have opened the door for auto lenders to make more auto loans to customers now considered safe credit Read on! →


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” Read on! →


For aficionados of classic auto designs of yesteryear, nothing beats a perfectly restored classic or antique car. Elegant line, solid construction, dazzling chrome and even genteel carriage evoke pleasant memories of the past, transporting us into personal fantasy where “They don’t make them like they used to” never rings false. But how can vehicle owners Read on! →


If you’re looking for more of the top 10 offbeat automotive tips, you’re in the right place. This continues the top 10; if you missed the first five automotive tips, CLICK HERE. In no time, you’ll be able to use these simple but off-the-beaten-path remedies to get the most out of your vehicle. More top Read on! →


Advances in technology have made the automotive experience more pleasant and convenient. Who doesn’t appreciate power steering, for instance? If you have driven without it, you know the difference is tremendous, akin to the strenuous workout of steering a huge, old farm tractor. But what about a vehicle’s simpler functions, like power door locks? We Read on! →


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 Read on! →


Bloomberg reports that new car loans are becoming easier for consumers to obtain. Auto industry experts view this as an indicator that new car sales may continue to grow, something the United States hasn’t seen since “Cash for Clunkers.” New car loans making gradual return Ford Motor Company chief economist Ellen Hughes-Cromwick told Bloomberg that Read on! →