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The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Jun 16 2014, 4:10 PM

Should I Buy a Car With Cash?

The car-buying process is a frustrating chore; it’s stressful, takes hours of precious time and once you finally seal the deal you’re never certain if you got screwed like a box of Phillips-head fasteners. But before you sign your life away, is it better to finance a vehicular purchase or pay cash? Not surprisingly the answer is a clear as a jar of peanut butter.

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 |  Jul 12 2013, 10:31 AM

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Choosing which new car to buy is one of the hardest decisions to make when it comes to getting a new ride, but so is how you’re going to pay for it.

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 |  May 03 2013, 2:05 PM

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Last month, Tesla made a splash by offering a resale value guarantee on the Model S, stating it would be higher than that of a Mercedes-Benz S-Class. However, Tesla is upping the ante by offering the best resale value of almost any luxury auto maker.

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 |  Jan 03 2013, 8:03 AM

According to a report released by Experian Automotive, Toyota was the most financed automaker in the third quarter of 2012.

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 |  Nov 01 2012, 12:42 PM

Nissan is lending a helping hand to victims of Hurricane Sandy. Individuals living in FEMA-designated disaster and emergency areas are eligible for employee pricing as well as discounted financing.

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 |  Oct 04 2012, 10:04 AM

There’s nothing worse in a salesman’s world than having a product almost nobody wants, which is why GM and Nissan are offering slashed lease rates on the Volt and Leaf.

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 |  Oct 20 2011, 7:30 PM

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U.S. private equity firm North Street Capital will give Saab a $70 million investment, including an equity stake worth $10 million and a $60 million loan to the ailing car maker.

With Chinese-backed financing looking increasingly unlikely, the investment from North Street Capital, a firm run by auto enthusiast Alex Mascioli, will give Saab the resources it needs to (literally) keep the lights on at their facilities. The Chinese government has yet to approve the bridge loan being offered by both Zhejiang Youngman Lotus Automobile Co and Pang Da, and Saab’s owners fear that full payment will not be received on the October 22nd due date.

[Source: Automotive News]