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Following the Great Recession, credit dried up, dealing a brutal blow to the auto industry. Lenders tightened up so much that even people boasting fairly good credit scores were offered loans with sky-high interest rates or denied altogether. Half a dozen years down the road, credit restrictions have loosened dramatically. Unfortunately, according...
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If you want to buy a new car, but are afraid the monthly payments are going to be out of reach for the vehicle you want, you need a strategy. There are several approaches to take to get the lowest car payment, any one of which may work in your situation. Maintain good credit. Finance experts say that the best interest rates are offered to people...
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If you have to finance your car purchase with a loan, you’re certainly in the majority. How you establish it can set you apart, though. Follow these guidelines for a better experience. Shore up your credit score. Always a good idea regardless, tidying up credit well before you start car shopping gives you an edge on better finance options...
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Consider the improving economic indicators and an upswing in home construction; factor in relatively stable, affordable gas prices, that are expected to stay that way through the summer; and altogether, it's no surprise that during May truck sales surged with new market muscle--and that auto sales blossomed. Sales of the Ford F-Series finished the...
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