Posted in 0% Financing, Financing, Incentives on Mar 4th, 2010
Volvo has no interest car loans for up to 72 months on the XC70 and S80, as well as low interest rates on other models. All new Volvos also come with the Safe & Sound coverage plan, which gives you no cost scheduled maintenance, wear and tear warranty, powertain warranty and roadside assistance for [...]
Posted in 0% Financing, Automotive, Financing, Incentives, Inifiniti, Leasing on Jul 22nd, 2009
Infiniti announced its new “Limited Engagement Summer Event” Monday, offering buyers no interest car loans and special lease deals on all new 2009 Infiniti models (except for the G37 convertible).
“Summer is the season made for driving and what better way to make that trip to the beach, mountains or desert than in a brand new [...]
Posted in Automotive, Financing on Mar 4th, 2009
Who is giving out car loans these days? Ward’s Dealer Business, a magazine for auto dealer professionals, says that smaller banks and credit unions are the ones approving car shoppers for auto loans.
“We’re seeing a shift towards more localized, decentralized lenders,” says Mike Kane, senior vice president-client services for CitiFinancial Auto.
According to Ward’s, big banks [...]
Posted in Automotive, Financing on Mar 3rd, 2009
The Federal Reserve introduced a $200 billion program Tuesday to help lenders make credit available for car loans, student loans, credit cards and small business loans.
The program is designed to boost consumer credit, an area of the economy that is struggling badly right now. The Fed said the $200 billion program could generate up to [...]
Posted in Automotive, BMW, Financing on Oct 24th, 2008
If you’re in the market for a BMW you are in luck my friend! That’s because in a bid to move their old stock from dealer lots, BMW has recently announced they are offering 0.9% financing on all remaining 2008 models. When they say all they mean all, including all the high performance M models [...]
Posted in Automotive, Financing on Aug 6th, 2008
U.S. auto sales struck a 16-year low in July as automakers were unable to keep up with demand for smaller, more fuel-efficient vehicles, reports the AP and Yahoo.
Another factor for low July sales is the brewing trouble in the credit and auto leasing industry, with several companies getting out of leasing and/or getting stricter on [...]
Posted in Automotive, Chrysler, Financing, Ford, GM on Aug 6th, 2008
Experts say that the Big Three might be forced to file for bankruptcy, while the automakers adamantly argue they have enough money and bankruptcy is not an option.
So which is it? Everyone knows that GM, Ford and Chrysler are losing money and sales are down big time. All three companies have recently cut staff among [...]
Posted in Acura RL, Automotive, Financing, Safety on Aug 5th, 2008
ARLINGTON, Va.–(BUSINESS WIRE)–The 2009 Acura RL, a large luxury car, earns the Insurance Institute for Highway Safety’s TOP SAFETY PICK award. Winners afford superior overall crash protection among the vehicles in their classes. To qualify, a vehicle must earn the highest rating of good in the Institute’s front, side and rear tests and be equipped [...]
Posted in Automotive, Financing on Aug 5th, 2008
Yet another lender has backed out of the automotive finance business. As of Monday, HSBC has stopped financing vehicles, saying it will focus on its core consumer mortgage lending and credit card business units, reports Special Finance.
HSBC made the decision in July after being a major player in the automotive finance industry for a decade. [...]
Posted in Automotive, Chrysler, Financing, car buying incentives on Aug 4th, 2008
As Chrysler was ending its lease program last Thursday, the company announced on Friday new financing deals to try and keep customers who want to lease.
Chrysler will allow customers to purchase cars under finance deals with payments similar to leases, reports CNNMoney.com.
“As part of our annual August model-year clearance, we are leveraging the move from [...]
