AutoTrakk Launches Rapid Approval System
Sep 11, 2006
MONTOURSVILLE, Pa.--Sept. 11, 2006--AutoTrakk, a growing consumer finance company in the auto industry specializing in the sub-prime market, announced the launch of a new Rapid Approval System (RAS) designed to expedite the approval of consumer auto finance applications. According to AutoTrakk president Robert Malcolm, ... Continue reading
Auto Loan and Lease Terms Get Longer
Sep 11, 2006
Washington DC September 11, 2006; The AIADA newsletter reported that vehicle loan and lease terms continue to lengthen, according to the Consumer Bankers Association's 2006 Automobile Finance Study. Auto lenders favor using low monthly payments to boost business, and loan maturities of longer than 60 months represented ... Continue reading
New Survey: Consumers Doing Their Homework, Planning More Research on Auto Financing Options
Sep 6, 2006
WASHINGTON, Sept. 5 -- More than 8 out of 10 Americans (83%) know they have many options when it comes to vehicle financing and 58 percent feel informed about the auto financing process, according to a new public opinion survey. The survey, conducted by AWARE, a nonprofit consumer education group focused on auto financ ... Continue reading
Aug 28, 2006
Chryslerfinancial.com Helps Customers to Finance Their Next Chrysler, Jeep(R) or Dodge Vehicle and Improve the Dealer Sales Process FARMINGTON HILLS, Mich., Aug. 28 -- Chrysler Financial has streamlined its online credit application process for shoppers who visit http://chryslerfinancial.com/ with a new six-step credit ... Continue reading
Chubb Slashes California Auto Insurance Rates
Aug 22, 2006
Insurer Meets Unmet Needs, Especially for Affluent Consumers, Through New Coverage Options LOS ANGELES, Aug. 22 -- The Chubb Group of Insurance Companies is lowering its automobile insurance rates in California by an average of 34 percent. Furthermore, Chubb is rolling out new coverage options that address the unmet in ... Continue reading
Bank of America Hires Michael Buza To Expand Automobile Team in Chicago
Aug 21, 2006
CHICAGO, Aug. 21 -- Bank of America announced today that Michael Buza has joined the bank as a Dealer Financial Services senior client manager serving automobile dealers in the Chicago metro area. (Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b) In his new role, Buza represents a team of financial, pro ... Continue reading
J.D. Power and Associates Reports: Dealer Satisfaction Brings More Business to Financial Providers
Aug 10, 2006
BMW Financial Services Ranks Highest in Satisfying Dealers for Prime Retail Credit and Retail Leasing; Mercedes-Benz Financial Ranks Highest in Floor Planning Satisfaction WESTLAKE VILLAGE, Calif., Aug. 10 -- Financial providers that keep automotive dealerships happy -- beyond just low interest rates and balanced risk ... Continue reading
Aug 9, 2006
Dear Sirs, I thought you might be interested in the latest consumer tips from AWARE (Americans Well-informed on Automobile Retailing Economics) in the news release below. Sincerely, Amy Thompson AWARE Representative (202) 285-2997 ======================================================================= ======== For Imme ... Continue reading
Vehicle Depreciation Top Ten Lists Published at Edmunds.com
Aug 8, 2006
SANTA MONICA, Calif.--Aug. 8, 2006--New "top ten" lists from Edmunds.com, the premier online resource for automotive information, help consumers understand which vehicles hold their values well and which do not. "Vehicles with higher expected residual values have lower monthly lease payments and higher resale values," ... Continue reading
GM Ties Honda for Most Models Listed on IntelliChoice.com's Best New Car Deals for August
Aug 4, 2006
CAMPBELL, Calif.--Aug. 4, 2006--PRIMEDIA's IntelliChoice.com, the leading source for automotive ownership cost and value analysis, today announced "Best Deals of the Month" rankings for August that put GM at the top with Honda. "The August 2006 rankings mark the first time in quite a while that GM has this many models ... Continue reading
Power Information Network Reports: Low-Interest Incentives Initiate an Increase in New-Vehicle Loans
Jul 21, 2006
WESTLAKE VILLAGE, Calif., July 21 -- Low-interest incentive programs appear to be resonating with consumers, according to real- time retail transaction data from the Power Information Network (PIN), a division of J.D. Power and Associates. To better reflect consumer demand for new vehicles, PIN data includes retail tra ... Continue reading
GM Certified Used Vehicles Rolls Out Summer Rate Incentives on Select GM Vehicles
Jul 20, 2006
Industry's Top-Selling Certified Brand Offers Affordable GMAC Financing Rates as Low as 4.5% APR DETROIT â GM Certified Used Vehicles, the industryâs top-selling manufacturer-certified used vehicle brand according to Autodata Corp., today announced a nationwide summer rate incentive program on select GM vehic ... Continue reading
Toyota Financial Services Launches 'Scion Solutions'
Jul 17, 2006
Tool Aims to Educate Whyville Users About Financing as They Purchase Virtual Scion Vehicles LOS ANGELES, July 17 -- Whyville.net and Toyota Financial Services announced the launch of "Scion Solutions" this month within Whyville.net, the popular virtual world for children and young teens (8-15). Sponsored by Toyota's Sc ... Continue reading
If You Don't Pay On Time You Can't Start Your Car -ON TIME(R) Car Device Available in the UK
Jul 14, 2006
British Financial Institutions Set To Use American System Designed for Credit Challenged Customers LONDON, July 13 -- In a move that helps to address one of the biggest problems facing all auto dealers and finance companies, California- based Payment Protection Systems, Inc. (PPS), announced today that its renowned ON ... Continue reading
Auto Financing Group Gives Newlyweds Tips on Financing Their First Family Vehicle
Jun 28, 2006
With the summer wedding season in full swing, Americans Well-informed on Automobile Retailing Economics (AWARE), a national consumer education campaign, reminds newlyweds to follow the old bridal adage when deciding how to finance their first automobile together. Washington, D.C. June 28, 2006 -- With the summer weddin ... Continue reading
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