Save Money When You Buy a Car
Buying a new car may be an every-day occurrence for some people, but for most of us it's a pretty big deal, and these days, ... . Especially on leased or used vehicles, the bulk of a dealer's profit comes from their in-house financing ... bet is to visit your bank or credit union, and go to the dealer with your financing already arranged [more...]
Date: 2008-09-09 16:15:00
Blog posts
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Videos
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General Motors Fighting Uphill Battle with Double Edged Sword
Shortly after the U.S. government lent the Big Three $17 ... credit losses because GM funds the majority of its car sales through GMAC, its own financing division ... to buy new cars, regardless of what their credit score is. As car inventories build and GM’ [more...]
Date: 2008-12-30 16:31:17
Jeep Incapable Of Selling To Man With $24,000 In Cash
By Ben Popken, 11:14 AM on Mon Mar 2 2009, 31, ... . Even though he's ready to buy the car outright, the car salesman almost convinces him to finance ... a car to a guy who shows up with cash in hand ready to buy... no wonder they needed a bailout. Full [more...]
Date: 2009-03-02 16:14:50
Interesting Links
- American conservatives may be the greatest consumers of porn ... , unhealthy snacks, jewelry, etcetera. Don't buy a car on finance, and don't buy an expensive car [more...]
Date: 2009-02-28 17:18:00
The Best Ways to Finance a Vehicle
Buying a car is a big investment, no matter what your price range may be ... that come into play that are unique to your purchase. An older or well-used car may ... maintenance without the aid of a warranty. If you buy a new car or a used vehicle at a dealership, you’re [more...]
Date: 2009-02-21 16:45:56
Compare and Select The Best Loan Among Different Loan Types
by Ada Denis Christmas time and the festive period in general is renowned for being a time where we all spend lots and sometimes more money than our ... to consolidate card and other debts but also perhaps to buy a new car, take a holiday, finance a wedding ... and credit cards to finance their purchases of gifts and other extravagances; in fact [more...]
Date: 2009-01-02 09:54:05
Evaluating the Obama Speech
President Obama struck a different and more optimistic tone in his address to a Joint Session of Congress ... . President Obama made it clear that normal lending and credit is necessary to buy a home, to finance a car ... policy. It is widely conceived as a bailout of those who made poor decisions and their investors [more...]
Date: 2009-02-25 06:20:10
Why my W-2 Makes me Cry
It's tax time, and those pesky W-2 and 1090 (or is it 1099?) forms are slowly finding their way into my mailbox ... contributing to my 401k while avoiding looking at it, as is the advice most personal finance gurus ... - Used it to buy a car - Created a scholarship fund - Held a wedding for me and Brian (or at least half [more...]
Date: 2009-02-06 00:30:00
How To Buy A Car (Without Getting Screwed)
If you’ve done any reading on how to negotiate with dealers when buying a car, ... is your friend, not theirs. Get financing from your bank - You are unlikely to get a good deal from the dealer, this way you go into it knowing your amount, rate, and other terms. Don’t sell your used car to them [more...]
Date: 2009-01-18 16:10:45
GORDON BROWN: BUYING SOMEONE ELSE'S CAR WITH YOUR MONEY
From the Times: Customers buying new cars will get loans from the taxpayer under a controversial plan to rescue the beleaguered motor industry. Finance companies linked to the auto industry could be given access to the Bank of England’ ... that that there are millions of credit-starved Britons queuing up for loans that they cannot get by hook or by [more...]
Date: 2009-01-15 19:09:00
Automotive Financing Depends Heavily On Credit
When buying a vehicle, you often have several opportunities to pursue to obtain a vehicle. However, in almost every case, purchasing a new car involves auto financing. Cars are expensive ... , among other things. These days, because of the weakened economy and the credit crunch, financing [more...]
Date: 2008-10-29 16:00:17
Getting the Most Out of Auto Financing
For most people, buying a car means having to obtain an auto loan ... to buy an automobile will have to acquire the proper loan before anything else can be done ... that are sold at dealerships. In most cases, an individual looking to buy a vehicle will need a loan because [more...]
Date: 2008-12-06 16:20:46
Ordering A Dream Vehicle: Financing And Advice
Points to Ponder in buying a carBefore hurdling yourself to a nearest car dealer and drive your car, ... to look for online auto insurance company quote. There are different credit unions and even commercial banks that are willing to loan you the necessary amount of money needed to buy the car with an annual [more...]
Date: 2009-01-28 13:26:07
Who is Sam Perry?: Car Company Uses "Average White Guy" Oprah Leaned on @ Obama Speech to Get Federal Bailout
By Debbie Schlussel I used to be high on Tesla Motors. It's the company that makes electric cars that are cool to look at. I once called for making the car more affordable and gushed: 220 miles per charge, less than ... ; Now, We're Supposed to Finance the Expensive Car He Buys Well, it turns out this "Sam" guy [more...]
Date: 2008-12-10 20:22:53
The Best Ways to Finance a Vehicle
Buying a car is a big investment , no matter what your price range may be ... . Any car loan will come with interest , and the bigger the loan you get, the more you’re going to pay ... that come into play that are unique to your purchase. An older or well-used car may have problems [more...]
Date: 2009-01-12 10:03:57
Buying a New Car – Auto Loan Financing
Buying a car represents the second-largest purchase most people ever make. It's important that yo... [more...]
Date: 2008-12-19 19:43:00
Does Penny-Pinching Encourage Economic Decline?
About the author: This is a guest post by Carson Brackney, writer for Personal Finance Analyst ... to buy new cars know that the tax rebate won’t make things any different. We won’t buy that new car [more...]
Date: 2008-11-29 14:00:07
Is There Hope In This Market?
More bad news about the advertising industry coming across the wires today and it just doesn't seem to stop ... they're doing. Will anyone buy a car without 0% financing? And what happens when stores like Saks begin [more...]
Date: 2008-12-15 18:32:29
How To Draft A Basic Financial Savings Plan
When it comes to long term financial planning, my wife and I don’t really have one ... stop committing the fourth deadly sin of personal finance - failing to plan. The process ... to a new house, buying a car, buying a new computer, major vacation, having children, paying [more...]
Date: 2008-09-16 13:55:25
Carefully Explore Auto Loan Options
Making good on any kind of big purchase requires you to be informed about what you’re buying. This holds true especially for automobiles ... of obtaining a car loan is in order. Buying a vehicle often means having to obtain financing. In America ... to pay for it entirely that day. But just like any other form of loan, getting one for a car means [more...]
Date: 2008-10-30 17:11:50
The end is nigh: Toyota announces 0% financing on 11 models
Filed under: Car Buying, Toyota Further proof that no automaker is immune to effects of the sales downturn in the U.S ... has the cars, the means to finance them and just needs buyers. If you want in on the deal [more...]
Date: 2008-10-03 20:14:16
Daily News Roundup - Jan 7 2009
Reliance Industries has decided to stop gasoline supplies to Iran after fulfilling all contractual obligations. (BS)ONGC Videsh raises Rs50bn to fund Imperial buy. (ET)ICICI Bank reviews its used car financing ... back a major part of the loan amount. (ET)IDBI Bank and SIDBI shortlisted to float SPV for funding [more...]
Date: 2009-01-07 03:38:00
Can’t get a car loan? There’s always the bus…or is there?
I’m a big advocate of public transit, so I was quite dismayed when I heard on MPR this morning that Metro Transit is looking at an 80 to 90 million ... ? Anyway, since people can’t get financing to buy cars, since gas prices were high, since everyone [more...]
Date: 2008-11-18 15:50:29
Working with Credit and Auto Loans
When buying a vehicle, you often have several opportunities to pursue to obtain a vehicle. However, in almost every case, purchasing a new car involves auto financing. Cars are expensive ... you have the possibility of obtaining a car after acquiring the assistance of an auto loan. But just like any other loan [more...]
Date: 2008-11-19 04:15:04
7 Deadly Sins of Personal Finance: Being Penny Wise, Pound Foolish
It’s fitting that the sixth deadly sin of personal finance would be this one, ... in a car loan with a high interest rate. If you’re planning on buying a house in the next year, avoid ... professional looking to buy a car and trying to find easy ways to some extra money. You stumble onto [more...]
Date: 2008-08-27 10:39:38
For my ex-pat friends
This is for all of my friends and colleagues who still reside overseas. The rest of you are welcome to read along for a laugh... ... , just with a really good credit score. He said that GMAC was actually willing to loan us the money ... done for more than 12 years or so. I tried to buy a car. I was delighted when we were at the finance [more...]
Date: 2009-01-06 18:45:15
GM to dealers: There's a bonus in it for you if you don't lend them our money
Filed under: Car Buying, Etc., GM General Motors is telling its dealers that there's a shiny nickel or two in it for them if they can sell cars without getting the GMAC finance arm involved. For every sale closed with outside financing, salespeople and managers will each receive $100, with an additional $50 going to someone the dealer [more...]
Date: 2008-10-16 22:04:55
Hyundai Bails Out Consumers By Buying Back Their Cars
Vehicles have been in the news quite a bit these days, from bailout plans to million-dollar hybrids. Clearly, car companies are desperate ... on their car loan or lease can walk away from a financing obligation when the difference between the resale value of the car and the balance of their loan is less than $7,500. I’m sensing a new trend. Buy [more...]
Date: 2009-01-06 15:59:53
Volkswagen offering 0% financing on all 2008 models
Filed under: Car Buying, Volkswagen Volkswagen typically shies away from massive rebates, ... . All 2008 models can be had with 0% financing for a limited time, which should help VW dealers clear ... models receiving the special financing for 60 months. You can even get a GTI interest free for five [more...]
Date: 2008-09-04 08:01:00
America’s Car-Mart Caters to Riskier Borrowers
Whereas competitors, such as AutoNation and CarMax, currently face difficulty in moving trucks and sport utility vehicles off their lots, due to changing consumer buying patterns and/or restricted access in obtaining auto financing, America’s Car-Mart (CRMT-$12.08) is finding success in selling basic and affordable transportation [more...]
Date: 2008-12-16 05:23:00
The Vagaries of Leasing Your Vehicle In Today’s Economy
In the old days, leasing a car was a viable alternative to buying one ... such as SUVs and large pickups has plummeted. Financing companies no longer stand to profit ... customers with auto-leasing deals through affiliated financing companies. In the past, car [more...]
Date: 2008-09-12 15:11:26
America's Car-Mart Could Be Just the Right Vehicle for Tough Times
A friend of mine called last Tuesday and casually mentioned that his friend wanted to start a "buy here, pay here" used car dealership in response to the plunging availability of financing for automobiles ... its name: America's Car-Mart (CRMT) (16.33, $192mm market cap). I took a quick glance [more...]
Date: 2008-11-03 07:02:44
Dem Policies At Work... Detroit Median Home Price Is $7,500
Abandoned home in Detroit. ( Flickr ) After years of corrupt liberal politicians and democratic policies it's come to this ... and Ritholtz reported: “It may be tough to get financing for a new car these days, but in Detroit you can buy a house with a credit card . The median price of a home sold in Detroit in December [more...]
Date: 2009-03-02 03:35:00
A Legion Of Pickpockets
It just never ends:Finance companies want US to buy bad auto loansWASHINGTON, Oct 14 (Reuters) ... giving car loans only to buyers with the best credit scores as the global financial crisis strains ... - Finance companies are preparing to seek authority from the U.S. Treasury Department to sell bad [more...]
Date: 2008-10-15 16:42:00
A Decent Time for Auto Loans
All around us, the economy seems to be crumbling; so much so that many parties are claiming that a recession, if not a total depression, ... out an auto loan! Before you rush right out to your dealer and fill out loan applications, though, take ... are now offering 0% financing deals across the nation. This means that you can buy a car [more...]
Date: 2008-11-04 05:18:36
More on the bank bailout plan
So today is the big day. The Obama administration is putting a full-court press on for the bank bailout plan, ... . It originally was meant to provide $200 billion of financing to investors buying securities backed by consumer loans such as car loans, student loans and credit-card debt. Officials hope investor demand [more...]
Date: 2009-02-10 13:16:00
How to Prepare for Buying a Home
This is a guest post from Jim, my friend and colleague at Blueprint for Financial Prosperity ... of thousands, over the life of your loan. Don’t buy a car. Don’t take advantage of 12-month 0% financing “ ... as possible and as little access to credit as possible. Don’t apply for any new credit cards. They could [more...]
Date: 2008-09-03 12:00:29
Who's In My Wallet Now?
CT State Government Looks To Tax Services By Docs, Lawyers, Accountants .. ... Report, http://cooljustice.blogspot.com On Mon., Feb. 9, the Finance Bonding & Revenue Committee ... themselves. When you buy a television or a car you, not the merchant, pays the sales tax. It would [more...]
Date: 2009-02-08 19:13:00
Return a Hyundai: Further (Crazy?) Innovations from Desperate Carmakers
Remember the "Buy One, Get One Free" Dodge trucks? This rivals that in the we'll-do-anything-to-sell-cars category ... Assurance: Finance or lease any new Hyundai, and if in the next year you lose your income*, we'll let you return it. That's the Hyundai Assurance. Starting today you can feel good about buying a car [more...]
Date: 2009-01-04 23:46:52
Auto Industry Woes? Not For Everyone: Zag Raised $32.4 Million
Santa Monica, California based Zag, an auto-buying service that lets people buy cars at a discount through affinity organizations like AAA, ... , the company says, saving them $115 million v. MSRP.Zag was founded by Scott Painter, a long time auto ... has raised a monster round of financing - $32.4 million. The round was led by USAA, a financial [more...]
Date: 2009-01-23 00:18:08
GM Screws its Dealers on CPO
Today is officially Freak-Out Friday for GM car dealers ... . As we reported earlier, GMAC is pulling the rug from under/hoiking-up the cost of dealer floorplan finance, the arrangement that allows dealers to buy the damn cars. And now Automotive News sub [more...]
Date: 2008-10-31 17:44:06
A Magic Tool To Find The Best Lender
A Magic Tool To Find The Best Lender September 8th, 2008 An extravagant car! ... succeeded. Thanks to those auto loan financing companies, all merit goes to them, which make our dream ... . You may go on to buy any automobile from car to trucks never mind, you have the ways [more...]
Date: 2008-09-08 05:59:59
Liberal utopia has a name, and it’s spelled D-E-T-R-O-I-T
What you get when you vote for socialists, thugs, and Corruptocrats, Part the Bazillionth: DETROIT — It may be tough to get financing for a new car these days, but in Detroit you can buy a house with a credit card. The median price of a home sold in Detroit in December was $7,500 [more...]
Date: 2009-03-03 20:31:50
Today's News From the Cars.com Family
Buttons If you're buying a car right now, figuring out those monthly payments for financing is pretty important, ... Be? (Ask.cars.com) New 2009 Dodge Ram 1500 Earns Five-Star Safety Ratings (PickupTrucks.com) 2009 [more...]
Date: 2008-12-08 22:51:42
Tweets from 2008-12-28
Toyota is offering 0% financing! But does that make it worth buying a brand new car (ie: losing my religion)? We do likey the Matrix… # Listening to UNC game via Woody/WCHL while watching UVa vs [more...]
Date: 2008-12-29 03:59:59
Floorplan Freeze
From Bloomberg: Without access to floorplan financing, most dealerships would be forced out of business, said John Casesa, ... dealerships, to the point of recalling their loans, and sluggish car sales have made a bad problem worse ... of different brands. Credit availability for consumers wishing to buy cars already has been cut. Many lending [more...]
Date: 2008-10-10 22:08:44
A FAREWELL TO ALMS
Is a $50 billion government bailout of the auto industry's Big Three the answer to its problems? ... to extend them debtor-in-possession financing while they're in Chapter 11. Also, they have a valid concern that customers might not want to buy a car from bankrupt companies. But even if some federal [more...]
Date: 2008-11-18 14:03:57
Auto & Car Loan Calculators
Lease a Car vs Buy a Car Calculator Should you lease your next automobile or finance it? Find ou... [more...]
Date: 2008-12-19 19:44:00
And God said
Pining for a new "Age of Atonement" The great part about the financial crisis to Katie is the opportunity to get her scold on and remind ... cash to buy a car. But other business operators had bolder, if not better, ideas. They quickly concocted the consumer "installment plan" -- a form of financing previously used only to purchase real [more...]
Date: 2008-10-07 02:05:38
ARPU is a lousy metric for tracking mobile broadband
The limitations of ARPU as a metric for mobile phones are fairly well-understood - people have multiple accounts, ... subscriptions. And phones tend to be either actively used for making calls/SMS, or not used at all. Nobody ... like buying a car with a built-in cellular tracking system, and charging the whole monthly finance [more...]
Date: 2008-11-10 13:59:00
