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Car buyers are going deeper into debt and for longer periods of time as they reach to buy more expensive new cars. The average car loan last month stretched out for 69.3 months, or nearly six ...
Putting the Brakes on Buy Here, Pay Here Dealerships Such car dealerships, where the company serves as both the seller and the loan holder, have largely eluded scrutiny from policymakers.
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An internal review by Wells Fargo found that about 20,000 of those customers may have defaulted on their car loans and had their vehicles repossessed in part because of these unnecessary insurance ...
Find News from January 2016 on ConsumerAffairs. Our list of News includes automotive, appliance, food, technology, clothing, and more.
2016 USED CAR MARKET REPORT 2 A NOTE FROM JANET BARNARD, PRESIDENT, MANHEIM NORTH AMERICA 4 YEAR IN REVIEW AND OUTLOOK Autos have been a gem in an otherwise dull economy, with new unit sales in 2015 up 68 percent from 2009’s trough.