Auto Finance Blog | myAutoloan Blog

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 [...]

There is no doubt that if you have been watching TV or even reviewing RSS articles on Clunkers you have found out that the media is overwhelmingly of the opinion that “cash for clunkers” has worked well and will benefit the economy.   I’ve never really expected an objective observation or evaluation from the Whitehouse, but [...]

In an article published by SubPrime Auto Finance News,  J.D. Power and Associates  have discovered that dealer satisfaction with lenders declined “considerably” from 2008 in all four segments reviewed in the Dealer Financing Satisfaction Study.  Is it any wonder that this occurred when all the lenders are holding on to their cash tighter than a [...]

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 [...]

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 [...]