A recent series on Michigan Public Radio reminds us that General Motors – a company many would like to see go bankrupt – is made up of people whose dreams could turn to nightmares. Talking Heads Up on Capitol Hill this week, it’s been all about the big boys. Rick Wagoner, Bob Nardelli and Alan Mulally all [...]

Today the Irvine California-based automotive vehicle information provider released its annual awards for best vehicle resale value by vehicle category as well as the top ten overall models. Depreciation a major part of vehicle ownership costs Here at Auto Credit Express, we realize that there is more to a vehicle’s cost than just its initial price. Over [...]

Today the Dearborn-based manufacturer rolled out its new year-end incentive program that includes employee discount pricing as well as zero percent financing and a bonus plan for fuel-efficient vehicles. Year-End Sales Incentives As we indicated in an article yesterday at Auto Credit Express, Ford Motor Company today unveiled its year-end vehicle sales incentives. But in addition to [...]

In an effort to boost sales and more than match the Red Tag offer from General Motors, Ford is preparing to offer car buyers employee pricing on most of its models. Program not official yet As automakers scramble to make the best of one of the worst years on record, here at Auto Credit Express we wanted [...]

Beginning in October, Toyota Financial Services launched a new Visa card tied to a rewards program designed to help consumers buy and maintain their vehicles. Program designed to stretch your dollars Here at Auto Credit Express, we realize that the current economic situation that many Americans are facing requires a re-thinking of past spending habits. And if [...]

The Department of Defense takes the lead in curbing abusive lending practices by limiting the annual percentage rate on payday loans to 36% for active-duty service members and their families. Army Intelligence is not a contradiction in terms Here at Auto Credit Express, we have always been concerned by what we consider predatory lending practices by the [...]

In their latest move to defraud unsuspecting consumers, scammers are attempting to bilk consumers by soliciting loans for an imaginary Federal Reserve lending program. New scheme involves nonexistent program According to the latest news release from the Federal Reserve Board, the ongoing credit crisis has encouraged fraudsters, crawling out from under their rocks, to try a different [...]

Joining Toyota on the zero percent bandwagon, this week Nissan launched a national program that includes 36 month financing on its most affordable and fuel-efficient vehicles. Program Highlights Include Leases Here at Auto Credit Express, we’re well aware of the current economic climate. We also like to take the “glass half full” approach to the automobile market. [...]

In the latest Consumer Reports Holiday Shopping Survey, more than three quarters of all Americans polled say they plan to spend less this holiday season. Ho-Ho-What? In addition to spending less during the holidays this year, the CR Holiday shopping poll also shows that 12 Million Americans Still Carry Debt from Last Year’s Holiday Shopping. Ouch! Here at [...]

In a move to prop up sales, the Detroit automaker begins its annual Red Tag Sale event three weeks earlier than normal. There are good deals out there As recently as yesterday, here at Auto Credit Express we read an article on CNN Money stated that there were “Bargains For Consumers Able To Buy.” Nowhere is this [...]