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CAR-Research XRM announced the launch of a new program that can deliver lease rates, residuals, manufacturer incentives and rebates in real time.
Read More →Navy Federal Credit Union announced that it has lowered its 36-month new auto loan rate to an APR as low as 1.79 percent. It plans to maintain this rate, along with its 1.99 percent new auto rate for loans of up to 60 months.
Read More →Edmunds.com has released an online tool to help consumers determine the expected price – and boost their bargaining position – on a new-car purchase.
Read More →Recent trends in interest rates and used-car values make this a good time for dealers to contact their customers who are driving three-year-old vehicles to see if they are interested in lowering their monthly payments.
Read More →Consumer credit increased at an annual rate of 1.1 percent, or $2.1 billion, in September, according to the Federal Reserve’s monthly report.
Read More →Consumer credit decreased at an annual rate of 1.7 percent in August, according to the Federal Reserve’s monthly report.
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The purchase and financing of an average-priced new vehicle took 23.6 weeks of median family income in the second quarter of 2010, according to Comerica Bank’s Auto Affordability Index.
Read More →Borrowing among U.S. consumers fell for the fourth straight month in May, dipping by 4.5 percent, according to the Federal Reserve.
Read More →Consumer are more cautious about spending and are conducting more research before making major purchases in the wake of the economic downturn, but a new study reveals that they still have a lot to learn.
Read More →Consumer credit increased at an annual rate of 0.5 percent in April, according to the Federal Reserve’s monthly report.
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