Auto Finance Blog

Holy Smokes! If you have not been listening to the news lately, it’s being reported that the Government’s ‘Cash for Clunkers’ program has basically run out of money in 4 days?  Well, forgive the observation but isn’t this the same group of representatives that plan on giving you and me a Healthcare Overhaul for $1 [...]

Cash for Clunkers Financing
The government of the United States is offering $3,500 and $4,500 vouchers for vehicles traded in toward the purchase of a new car.
Here is a quick overview of the Cash for Clunkers program.
1) Visit the www.CARS.gov for current information about the program.
2) Determine if you qualify for the program and locate a dealer.
3) When you [...]

What a terrific set of events for Ford!  They don’t take the bail out money and good things start to happen.  First, Ford Credit announced that it has posted net income of $413 million for the second quarter, a significant improvement of $1.8 billion from a net loss of $1.4 billion last year.  The Detroit News [...]

Hey! We would love to have you as a customer! Next time you are in the market for a car, consider getting comparison financing quotes by completing just one application. When you apply at myAutoloan.com you get superior auto financing deals with improved customer services. Whenever we provide an offer to an auto financing application, [...]

In an article last week, written by Keith Naughton and published in Bloomberg, Keith shared that Ford Motor Company is gaining ground on our Government owned GM – it has long surpassed Chrysler – this year to become the overall leader in selling autos in the USA.
The new Government owned GM emerged from the remains [...]

General Motors Co. and Chrysler Group stepped up their lobbying Thursday against bills in the U.S. House that would reverse their cuts in dealerships, arguing the moves threaten their survival out of bankruptcy, stated an article in FreePress.com.
Dealers have been pushing bills in Congress that would undo any changes made by Chrysler or GM in [...]

We get calls everyday with questions about auto refinancing. It’s often confused with mortgage refinancing and the criterion really is much different.  So let’s see if we can provide a quick overview of why this auto finance  tool is becoming so popular.
Answers to frequently asked questions about refinancing an auto loan.
Q: What is an auto [...]