Car sales are expected to grow in 2014 and top 16 million for the first time since 2007, according to the 2014 new car sales forecast from car-shopping site Edmunds.com. The estimate is 16.4 million light vehicles sold next year, a 6% increase from the anticipated sales of 15.5 million for 2013 and the most… Read More
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Car sales are expected to grow in 2014 and top 16 million for the first time since 2007, according to the 2014 new car sales forecast from car-shopping site Edmunds.com. The estimate is 16.4 million light vehicles sold next year, a 6% increase from the anticipated sales of 15.5 million for 2013 and the most… Read More
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The following is a guest post from Paige Williams, a public relations specialist with New Roads Auto Loans The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. When most people think about credit and a car loan, they’re thinking about what credit score qualifies… Read More
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Americans spend an inflation-adjusted 43% more on auto insurance than they did in 1989, with rates in some states jumping 80%, 90% or 100% in the past two decades, according to a report from the Consumer Federation of America. California was the only state to see average insurance payments decline since 1989. The report examines… Read More
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Interest rates for new-car loans were at a record low last quarter, according to Experian Automotive. The rates fell to 4.27%, the lowest rate seen since Experian first started publicly reporting the data in 2008. Not only did interest rates go down in the third quarter, the average credit score of a new-car loan borrower… Read More
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The Consumer Financial Protection Bureau announced Friday the largest auto loan discrimination case to date, in which Ally Financial Inc. and Ally Bank has been ordered to pay $80 million in damages to 235,000 minority borrowers impacted by their discriminatory pricing system. The enforcement action stems from an investigation started in 2012, through which the… Read More
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Americans’ on-again, off-again love affair with cars is definitely back on. New car sales jumped 17% last month, to 1.5 million, the highest level since the beginning of the Great Recession. Consumers are buying cars even while they remain reluctant to spend on other big-ticket items, and it makes sense â drivers can only put… Read More
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You have a sizable amount saved up to use toward a down payment for a car. The first instinct you have may be to put it all down so you can pay off the vehicle faster and try to negotiate a better interest rate to finance the remaining balance. However, using all of your money… Read More
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Remember when your car was brand-new, or at least new to you? The new-car smell, the clean carpet and upholstery and the rattle-free ride that sold you on the car? Many years or many miles can make the day you drove off the dealer lot seem like a distant memory. But some of us have… Read More
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Honda and Toyota had the most models make Edmunds.comâs Best Used Cars for 2013, filling out nearly half the list with four vehicles each. Ford also placed well, with three of its models making the list. Edmunds.com, a site that provides research and car-shopping tools, issues the annual list based on vehicle reliability, safety, value… Read More
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