Spring Thaw in Credit Markets Makes it Easier to Buy a Car

CarLocate Team, March 31, 2010, 03:12PM

Today, The Wall Street Journal reported that it’s getting easier for consumers to buy a car as auto loans become easier to get and dealerships offer better financing deals. Deals can be especially sweet – including some offers of no interest and no down payment – for new car buyers with good credit.

Some of the deals consumers will find include*:

  • GMAC Financial Services is offering zero percent interest loans and discounted leases for certain GM and Chrysler cars financed through GMAC.
  • GMAC is offering a $499/month, 39-month lease on the Cadillac CTS with $1,000 down.
  • Honda Motor Co. has several leasing offers, including a $0 down, 36-month lease on a 2010 Honda Civic LX with payments of $159/month.
  • The BMW “spring drive” event offers consumers a $2,500 discount on certain models.
  • Lexus also has a 36-month lease deal for the Lexus IS, with the first month’s payment waived and $359/month for the remainder.

In addition, the news continues to be good for consumers with top- and middle-tier credit scores as average loan interest rates continue to fall. For those with weaker credit scores, fewer consumers are being denied outright for auto loans.

Read the full article on The Wall Street Journal Web site.

Related information on CarLocate.com: Tips for Buying and Financing a Car |
Finance Calculator | Shop for a New Car

*See your local new car dealer for complete details on each of these offers. 

Currently rated 5.0 by 3 people

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

The Best Day to Buy a Car

CarLocate, March 26, 2010, 02:08PM

According to Fortune magazine, the best day to buy a new car in the upcoming weeks is April 12. This is "the Monday before taxes are due, according to a new study. Since shoppers will be preoccupied and feeling poor, dealers will be eager to make a deal so they can move some inventory."

This gives you plenty of time to search for cars on CarLocate, contact dealers to ask questions, and decide on the one that you want!

This article mentions that there are four models that you are likely to see great deals on: the Hyundai Sonata, Jeep Grand Cherokee, Jeep Commander, and Chevy Cobalt as dealers make room for new models.

As usual, it is likely that you will be able to find many deals on used vehicles any day of the year!

Currently rated 4.2 by 5 people

  • Currently 4.2/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Automaker Perks and Programs – Car Insurance from Chrysler

CarLocate Team, March 25, 2010, 11:06AM

Did you know that if you purchase a Chrysler, Dodge, or Jeep® vehicle that you can buy auto insurance from the automaker, too? Chrysler, Dodge, and Jeep-branded auto insurance programs are offered through Chrysler Financial Services and provided by 21st Century Insurance.

Some of the benefits include:

  • Roadside assistance program.
  • $100 deductible waiver on insurance repairs made through an authorized Chrysler, Jeep, or Dodge dealership.
  • All insurance repairs made with original manufacturer parts from Mopar that are specifically engineered for your vehicle, not replacement or generic parts.
  • Insurance repairs are guaranteed for the life of the vehicle (non-transferable).
  • Average savings of around $400 a year on auto insurance costs as compared to other carriers.

The above benefits are exclusive to insured Chrysler, Jeep, and Dodge vehicles, but other vehicles in your household also can be insured through these programs regardless of make and model.

Want to know more or request a quote, visit cf.com/insurance.

Read more: Ways to Save on Auto Insurance | Automaker Perks and Programs.

Currently rated 4.8 by 5 people

  • Currently 4.8/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Author: CarLocate Team

CarLocate.com

Calendar

<<  May 2013  >>
SuMoTuWeThFrSa
2829301234
567891011
12131415161718
19202122232425
2627282930311
2345678

 Search

Please provide a valid ZIP code for your search.

ZIP Code:

SEARCHING...

Please wait.

- Advertisement -