The research group AutoPacific, Inc releases its Vehicle Satisfaction Awards each year. American cars have traditionally struggled in the rankings, but are dominating the list this year. Below are the American cars that took top honors in their class. Luxury Mid-Size Car – Lincoln MKZ Large Car – Ford Taurus Hybrid Car – Lincoln MKZ [...]
Filed under Car News, Car Shopping Tips by on May 24th, 2011. Comment. 
Residents of the L.A. neighborhood of Wilmington could not believe their luck when a local gas station began selling gas for $1.10 a gallon. Instead of some crazy promotion it was a computer glitch that the attendant was unaware of. Over 8,000 gallons were dispensed before the error was found, at an estimated loss of [...]
Filed under Car News by on May 17th, 2011. Comment.
Here is a perfect example of supply and demand driving prices. The used car loan market is going buck wild. The average price for a fuel efficient used car is up nearly 20% from a year ago. The reason is simple: there are few to be had. The recent disasters in Japan have halted production [...]
Filed under Car Deals, Car Shopping Tips by on May 16th, 2011. Comment.
Every generation has that car. You know the one, it is ugly, over priced, under-powered, breakdown prone, or any combination of these. With the demise of AMC the field became a little thinner. Let’s face it, AMC took ugly cars to a new level. Here are six of the worst cars produced in the 80s [...]
Filed under Car Shopping Tips by on May 12th, 2011. Comment.
Many people shop for a car by going to the dealer first. They allow the dealer to run their credit and get their financing arranged for them. The non-profit Center for Responsible Lending compiled a report after looking at 25 auto finance companies with a combined 1.7 million accounts. That report shows that dealerships often [...]
Filed under Auto Loan Industry, Car Shopping Tips by on May 10th, 2011. Comment.
According to a survey released by the Federal Reserve, car loans are easier to get than they have been at any time in the last 17 years. Does that mean that they are practically falling out of the sky? Maybe not that easy, but banks have become willing to make lower interest loans and with [...]
Filed under Auto Loan Industry by on May 9th, 2011. Comment.
Does it seem like you see your vehicle at every intersection? It is possible that you do see a similar vehicle quite frequently if you buy one of those in this list of the top selling vehicles in April 2011. Ford F-Series Toyota Camry Honda Accord Chevrolet Silverado Honda Civic Chevrolet Cruze Chevrolet Malibu Toyota [...]
Filed under Auto Loan Industry, Car Shopping Tips by on May 6th, 2011. Comment.
It can be difficult to get a car loan even with good credit if all or part of your income is from a disability or SSI. Your chances can go be nearly nonexistent with bad credit. It is so difficult because your disability or SSI income cannot be garnished. There are two situations that will [...]
Filed under Auto Loan Industry by on May 6th, 2011. Comment.
An auto loan becomes upside down the instant you drive a new car off of the lot. Some cars lose 20% of their value instantly. All cars depreciate for the first 25 years or so. If you take out a loan for an extended period of time, the payments may not catch up to the [...]
Filed under Auto Loan Industry by on May 5th, 2011. Comment.
Large national banks are easing their lending requirements, making it easier for average consumers and businesses alike to acquire financing, but there are not enough borrowers to go around. Mortgage loans are down and small businesses are avoiding taking on new debt. It is a cycle that has been unseen in decades. The majority of [...]
Filed under Auto Loan Industry by on May 3rd, 2011. Comment.
