Are you in the market for a new car? Does your credit report suck? Do you favor a used car over new? If your credit score is lower than 600, have no fear. Let me explain a little about how car financing is done these days. I’m going to share with you how I ended up financing a new car in September 2009. (more…)
Posts Tagged ‘credit score’
The Ins-and-Outs of Buying a New Car These Days
Wednesday, November 25th, 2009Buy the Numbers
Tuesday, February 17th, 2009Supposedly, there is a mean rebate of $330 will be paid for every vehicle sold in 2009. How? By allowing buyers (more…)
AMG production numbers – Updated!
Sunday, January 11th, 2009Production numbers for Mercedes AMG models made in the US market. (more…)
Does your auto lease expire in 2009?
Saturday, January 10th, 2009If your auto lease is set to expire in 2009, you are up for a challenge. Given the rapid depreciation of car values, banks are getting ready to sell your car back to you at the residual price, hoping that you will just bend over and pay what they ask. For instance, BMW is offering .9% financing to BMW lease customers who purchase their own car before the lease termination date. Even if you do not want …
BMW 1.9%-2.9% Financing: Everyone Qualifies!
Friday, January 2nd, 2009BMW is going the extra mile in 2009, but can your credit? If you have a “rented” BMW and it is due to be returned in the next 90 days, BMW is offering 2.9% financing on your purchase. In addition, this offer is available to those unfortunate BMW buyers who have experienced the credit crunch. The minimum score to qualify for 2.9% is 605. Hurry up and pull your free credit report!
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GM – 0% Financing… Again
Tuesday, December 30th, 2008GM is offering 0% financing on a few of their cars. What should you get? Probably the Saab 9-5. It carries a sticker just north of $40k. And to get a free loan on that means you can get away with owning it for a few years for a …
