American Auto Loans hit Record Levels

American Auto Loans hit Record Levels
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No, you’re not imagining things. Both new- and used-vehicle prices are on the rise and American motorists are paying more than ever to purchase cars and trucks. Continue Reading...

Should I Buy a Car with Cash?

Should I Buy a Car with Cash?
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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… Continue Reading...

Tesla Model S Resale Value to be Industry’s Best, Says CEO Musk

Tesla Model S Resale Value to be Industry’s Best, Says CEO Musk
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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. Continue Reading...

Nissan Offers Employee Pricing to Hurricane Victims

Nissan Offers Employee Pricing to Hurricane Victims
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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. Continue Reading...

Saab To Get $70 Million Lifeline From Private Equity Firm

Saab To Get $70 Million Lifeline From Private Equity Firm
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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… Continue Reading...