Auto Finance Blog | myAutoloan Blog

Yesterday, in an article published by the Detroit News, business and marketing research firm Experian Automotive released data that shows auto loans that are 60 days past due rose by 21.2 percent in the second quarter from year-earlier levels. In the second quarter, 0.80 percent of car loans were 60 to 89 days past due, [...]

In an article distributed by Auto Remarketing, written by Group Editor J. Reed, it recapped Edmunds.com’s analysis of the just concluded “Cash for Clunkers” program statistics provided by the DOT. Why is this important?  As hard as we try to trust our leaders and rely somewhat upon what they say to be true, huge discrepancies [...]

With the passing of the ‘Clunkers’ program, there is plenty of speculation remaining as to whether or not the program was successful.  That sort of depends upon where you are viewing it I suppose, but no doubt, some good things did happen.  Putting cash in the hands of consumers via the rebate clearly sparked some [...]

Regardless of how you feel personally about the “cash for clunkers” program, there is little doubt that some positive things came out of it.That doesn’t over-ride any gasps that have been heard about the unintended consequences of such a program, but you still have to acknowledge it got a lot of buyers excited about buying [...]

With all the hoopla over the “Cash for Clunkers” program in terms of helping dealers move a large quantity of autos new autos and some additional used car inventory for shoppers who could not meet the program’s requirements, the auto segment has clearly enjoyed year over year sales improvements.  The C for C program in [...]