Every year, the National Insurance Crime Bureau (NICB) releases their Hot Spots vehicle theft report. According to the 2016 report, which came out this month, the Albuquerque, New Mexico metro area has the highest auto theft rate.
Automotive research and consulting firm AutoPacific just announced their annual Vehicle Satisfaction Awards. The 2017 edition is the 21st iteration of the awards, which identifies the most satisfying vehicles on the market according to consumers.
Drivers need to prepare their wallets and their driving habits because both AAA and GasBuddy.com project gas prices to increase throughout the summer. This is bad news for many consumers, as a recent survey from AAA also revealed that many drivers think gas prices are already too high.
Tax filing season, which began on January 23rd, is in full effect. The IRS says that mid-February is their busiest time of the year for receiving phone calls from taxpayers with questions. However, there is an easy way to track your tax refund through the IRS website.
The subprime auto lending market has received plenty of flak in recent years. Subprime loans, which are made to consumers with lower credit scores and are therefore seen as riskier, get a lot of blame for rising delinquency rates over the past couple of years. However, new research from Equifax is showing that any such blame is largely misplaced.
The conventional wisdom has always been to avoid buying brightly colored cars. This is because cars with “out there” colors, such as orange and yellow, are said to have a more limited resale market. However, a recent study and Honda are both saying that brightly colored cars may have more advantages attached to them than you’d think.