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October, 2008 Archive

GM Fights Financial Crunch with Employee and Dealer Sales Incentives

Thursday, October 16th, 2008 by Steve Cypher

In an effort to bolster its finance business after being bushwhacked by GMAC, General Motors has launched a new incentive program for GM employees as well as a program that rewards dealer employees who steer business away from GMAC. (more…)

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Rebates Offer Financial Relief to Bargain Hunters

Wednesday, October 15th, 2008 by Steve Cypher

Just like the stock market, there are bargains out there, especially if you’re looking for a new vehicle. And while most of the larger rebates are for trucks and SUV’s, savvy shoppers can also find good deals on vans, mid-size cars and even small cars. (more…)

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Credit Crunch Takes a Bite Out Of GMAC

Monday, October 13th, 2008 by Steve Cypher

Tight credit causes GM captive lender to further restrict lending to individuals with a FICO score of 700 or more. (more…)

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Toyota and Volkswagen Lessen the Credit Crunch

Monday, October 13th, 2008 by Steve Cypher

In an effort to get sales back on track, both Toyota and Volkswagen launch new vehicle sales incentive programs. (more…)

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Navigate the Financial Crisis with Good Karma

Thursday, October 9th, 2008 by Steve Cypher

If you’re looking for some good vibes, the Credit Karma web site provides users with a free credit score. (more…)

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Latest Experian Study Shows Effects of Financial Markets on Auto Loans

Tuesday, October 7th, 2008 by Steve Cypher

In a study released yesterday by Experian, auto loan delinquencies are seen as rising as $25 billion in vehicle loans are past due. (more…)

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The Credit Crisis and Auto Loan Interest Rates

Monday, October 6th, 2008 by Steve Cypher

The results of a new survey conducted by Capital One Financial Corporation reveal that the majority of Americans don’t know their auto loan interest rate and are unaware of auto loan refinancing options. (more…)

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The Financial Crisis and Auto Rebates

Friday, October 3rd, 2008 by Steve Cypher

Despite the current economic turmoil, there are still consumers out there that need to buy a car. While the timing may not be perfect for this kind of major purchase, buyers could end up helping themselves in at least two ways. (more…)

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How the Financial Crisis will Affect your Car Loan

Wednesday, October 1st, 2008 by Steve Cypher

September sales figures are in for many of the manufacturers and the numbers are startling: Ford is down 34%, Toyota is off 32%, Honda sales are 24% below last September, while GM posted a 15.6% decline. (more…)

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