It’s the Right Time to Use Credit Cards to Buy a Car

Car Buying in a Recession
If consumers are in the need of a car, this may be the right time to use credit cards to do it. Most dealerships have huge inventories and no way to get rid of them. The recession has put auto dealers in difficult positions, since most [...]

Credit cards should be used carefully. However, if you need a car, the incentives available now could make using a credit card to buy a car feasible. (Photo: picasaweb.google.com)

Installment Loans May Be the Answer in a Struggling Economy

The Auto Industry
Installment loans are remaining staples in budgeting as the economy struggles. One indicator of how the economy is doing can be seen by watching the auto industry. On average, Americans purchased 16 million cars yearly for the past decade. In 2009 the projection is that only 10 million [...]

[A5 B8] I

Consumers Use Personal Loans to Fund New Car Selection

New auto standards
Consumers are looking to use personal loans to fund new cars as auto fleets are changing. President Obama is sending a clear message to the American people by instituting new rules for cars produced in the U.S. The new fleet of cars will be smaller, lighter and more [...]

Smarting

Could an entire town go bust?

Don’t put all your eggs into one basket
Pomigliano d’Arco is a town of about 40,000 inhabitants in Italy. It lies northeast of Naples and quite near to Mount Vesuvius, once the scene of some real fall-out. The town basically has one industry – automobiles. And it also has only one [...]

One Basket

Sunshine Dodge Owner’s Letter Calls Out Chrysler

Sunshine Dodge faces shutdown
Last week I wrote that Chrysler would not renew its franchise agreements with 789 Dodge dealers. This week, the owner of Sunshine Dodge-Isuzu in Melbourne, Florida, has written a letter demanding to know: “HOW IN THE UNITED STATES OF AMERICA CAN THIS HAPPEN?”
The owner of Sunshine Dodge [...]

Temporary GM Shutdown Could Be Imminent

Company plans for slow summer
As General Motors faces the possibility of bankruptcy, the company says there may be a nine-week GM shutdown starting as soon as next month.
The automaker might close down several plants for nine weeks. An overabundance of inventory plus typically slow summer sales are causing GM to [...]

GM

A package of cash advances is what car dealers need today

Car dealers’ woes
A mega cash advance is something that the car dealers need desperately today; it does not matter whether the government offers it or someone else! While all the discussions are focused on the big two carmakers’ bailout plea, the worsening financial conditions of the neighborhood car dealers, mainly [...]

Demio´s for Christmas?

Bright Automotive to Unveil Hybrid Car

New vehicle comes out next month
It’s nearly May, and that means it’s almost time for Bright Automotive to launch its hybrid electric-fuel vehicle. I haven’t found a set date, but Bright has been saying for weeks that it will unveil its prototype in May.
Big promises
Bright has said that its vehicle [...]

Bright Automotive is keeping a tight lid on its hybrid car.

Short Term Loans Could Help the Crumbling Auto Industry

Should the government bail out the auto industry?
In the middle of talk about government loans, the question may be whether short term loans would be a better solution to the crippling effects the current economic downturn is having on the automobile industry.
The President of the United States has requested the [...]

Obama withholds bailout funds for automakers

Why It’s a Good Time to Buy a Car

Low prices, stimulus aid add up
If you are one of the few lucky Americans who is in the financial position to consider buying a car, now is a great time to do it.
Between automakers’ eagerness to bring in money and the various incentives in the economic stimulus package, you could [...]

Car buyers can get big tax breaks for going green until 2012.

Could GM, Chrysler Have to Share to get Easy Loans?

Easy loans, tough competition
If automakers in the U.S. want more easy loans from the government, they may face some big changes. As General Motors seeks to separate itself from European brand Saab, some government officials are considering uniting GM with another company: Chrysler.
As one might imagine, the automakers are not [...]

GM and Chrysler

GM’s Saab Story | Canadians Don’t Need Payday Loans for Cars

Auto industry still struggling
General Motors has begun dismantling; car prices are being driven so low in Canada that buyers probably won’t need payday loans to cover their down payments.
Cheap Cars in Canada
Auto prices in Canada fell in 2008 for the second year in a row. If a Canadian car salesman [...]

Soon GM might not be so big anymore.

Microsoft Layoffs: Payday Loans needed

One of world’s richest companies cuts jobs
Your payday loan source keeps you updated on the economy.
For the first time in the company’s 34-year history, Microsoft Corp. is making massive layoffs. The company will cut 5,000 jobs, it announced Thursday.
Demand for personal computers has fallen dramatically during the recession. The company has [...]

Microsoft Logo

GM No Longer Top Auto Maker | Article By Payday Loan Source

General Motors’ sales drop 11 percent
Too bad a payday loan can’t help GM, who was the world’s highest-selling automaker for 80 years. Yes, I said was. GM’s sales dropped nearly 11 percent in 2008, and it sold 610,00 fewer automobiles than the new King of Cars: Toyota.
While the headlines are making [...]

Toyota is the new King of Cars after overtaking GM as the worlds top auto seller.

Payday Loans and Unemployment

One of the many downsides to being unemployed is that people may not have the option of collecting payday loans. Besides being left without health insurance and without a payday, unemployed people have fewer financial options than those who are gainfully employed.

Unemployment sparked protests during The Great Depression.

The gainfully employed [...]

(The Depression) The Single Men's Unemployed A...

Payday Loans and Saving More

Need A New Car?
Attention all car shoppers if you have been needing a new car, the perfect time to buy may be just around the corner. Payday will stretch a lot further with personal loans on automobiles after Christmas according to the latest reports.
Surely you have already seen it [...]

Now is the prime time to buy if you are thinking about a new car!