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Personal loans drop as car sales reverse
2015-01-20 14:58:55| Auto Dealers - Topix.net
Demand for loans to buy new cars is falling despite record low interest rates and the cheapest petrol in six years. Personal loan applications continued to decline in the final three months of 2014, data from consumer credit check group Veda shows, as demand for cars also fell.
Long-term car loans gaining in popularityvisit|article-5881035|river-44317-1col-hp-5|1
2014-11-09 04:09:27| Auto Dealers - Topix.net
It used to be that a car loan lasted three or four years. After 36 or 48 months of payments, you could drive debt-free for a few more years, before deciding if you wanted to get a new vehicle.
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2014-08-25 18:10:54| Auto Dealers - Topix.net
New car and truck loans have ballooned to an average of 51 2 years from four to five years not long ago, allowing buyers to afford more expensive vehicles and fulfill their urge to drive the newest thing now .
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loans car
Canada: longer-term loans buoy car sales
2014-08-20 13:13:24| Auto Dealers - Topix.net
The North American country is still battling debt issues, but car buyers are increasingly choosing to stretch their loan in order to lower their monthly payments.
Easier car loans drive Asbury profit, shares rise
2014-02-05 01:27:48| Auto Dealers - Topix.net
Asbury's shares jumped as much as 13 percent after the company reported an increase in sales of both new and used cars during the fourth quarter.