Posted in Gas Prices, Fuel Prices, Financing, Automotive on Jul 29th, 2008
Those looking to save money on gas might be able to try using gas rewards credit cards to help save a few bucks while filling the tank.
When you use these credit cards at gas stations to fill your tank, you can earn anywhere from one to six percent cash back. Other cards have different incentives, […]
Posted in Mini, Financing, Automotive on Jul 28th, 2008
Automotive News is reporting that the U.S.’s 82 Mini franchises are out of cars.
I was skeptical, so I called the local Mini dealer here in Fort Lauderdale, Fla. and to my surprise, they are indeed almost out of inventory. They only have one hard-top, a couple Clubmans and a couple convertibles in stock.
The story reports […]
Posted in Chrysler, Leasing, Financing, Automotive on Jul 25th, 2008
Chrysler LLC has started telling dealers it will no longer offer auto leases through its lending arm, Chrysler Financial, reports the Wall Street Journal.
Chrysler and other auto companies with financing units are taking on a lot of losses from leases, due to low resale values of trucks and SUVs.
This will make it harder for dealers […]
Posted in GM, car buying incentives, Financing, Automotive on Jul 25th, 2008
GM is trying a different tactic to help sell its vehicles. The company is offering employee discounts to nonemployees on a limited basis, reports the Wall Street Journal.
GM employees received an email Thursday letting them know they can give one employee discount to anyone they choose from now until Thursday, July 31.
“During this challenging period […]
Posted in car buying incentives, Financing, Automotive on Jul 24th, 2008
Story (in italics) by wftv.com.
NEW SMYRNA BEACH, Fla. - Gas prices have hurt SUV and truck sales so much that one car dealer says, if you buy a gas guzzler from him, he’ll give you a more fuel-efficient car for free.
New Smyrna Beach Chevrolet is offering the two-for-one deal to anyone who buys a full-size […]
Posted in Inifiniti, 0% Financing, Financing, Automotive on Jul 23rd, 2008
Infiniti is currently offering 0% financing for 6 years on two of its SUVs. The 2008 models of the EX35 and QX56 are included in the offer.
Infiniti’s EX35 crossover SUV
According to Infiniti’s Web site, buyers have to be well-qualified (have stellar credit) and might have to put down a down payment. Also, the vehicle must […]
Posted in Gas Prices, Fuel Prices, Financing, Automotive on Jul 23rd, 2008
Drivers in the southern part of the U.S. have been hit the hardest by increased gas prices, according to a report released Tuesday by the Natural Resources Defense Council, an environmental group.
The report also said that state governments in the south should take more steps to help cut fuel consumption, reports AOL and Reuters.
The report, […]
Posted in Jeep, Chrysler, SUV, Financing, Automotive on Jul 22nd, 2008
The Jeep Patriot is the least expensive SUV to own, says Edmunds.com.
The company based their results on projected model-specific average vehicle ownership costs, consisting of depreciation, financing, taxes, fees, insurance premiums, fuel costs, maintenance and repairs. The data is based on a five-year period of ownership.
“Even though gas prices are high, some consumers are still […]
Posted in Auto loans, Chrysler, Financing, Automotive on Jul 22nd, 2008
The Wall Street Journal recently reported that Chrysler Financial’s bankers are scrambling to avoid higher borrowing costs when the unit rolls over about $30 billion of short-term, car-loan-backed debt next month, reports the Detroit News.
Chrysler CEO Bob Nardelli said that isn’t so. Chrysler’s financing arm is not in danger of losing the ability to offer […]
Posted in GM, Electric cars, Financing, Automotive on Jul 22nd, 2008
GM has joined with more than 30 utility companies across the U.S. to help work out electricity issues that will happen when it releases its new electric vehicles in about two years, reports the AP and USA Today.
The partnership includes the Electric Vehicle Research Institute and large utilities such as Southern California Edison and Duke […]