Financing

Ford Pumps Up Rebates for 2010 Mustang, Taurus, Focus
Ford Pumps Up Rebates for 2010 Mustang, Taurus, Focus

There's one easy way to tell when manufacturers are ready to sweep showrooms clean of the current model-year crop of vehicles, and usher in the new year: the "special event" sales pitch. This week it's Ford readying dealer lots for its revamped 2011 models, which include the kicky new Mustang and...Read More»

Auto loan
GM Looking To Offer More Loans To More Customers

When General Motors sold off control of GMAC, it lost more than its in-house financing arm. It lost the ability to offer loans to a broad range of consumers, particularly subprime borrowers. As a result, GM also lost market share. Now, the automaker is chatting up two major Wall Street players --...Read More»

2010 Dodge Charger SR8
Chrysler Renews Zero-Percent Financing Offers For June

Chrysler this week renewed its generous zero-interest financing and cash-back offers for the month of June. The automaker had already strengthened its incentive offerings for May, with either no-interest financing on many of its models or up to $4,000 cash back. The sweet zero-percent financing...Read More»

Used car salesman
Dealers Dodge Financing Oversight—Will Shady Lending, Too?

If a deal is too good to be true it probably is; and you shouldn't talk monthly payments at the lot before you decide on a car and a price. Don't forget those two valuable pieces of advice at the used-car lot; you'll still need them as it looks like shady lenders won't need to duck for cover after...Read More»

2010 Mitsubishi Lancer Evolution
Zero-Percent Deals Break Through Auto-Affordability Decline

As the auto industry gradually crawls back toward a recovery, car shoppers this winter and spring might have been stymied by one quite significant roadblock: rising interest rates. Although plenty of deals have been had, higher interest rates and more difficult-to-secure financing have been...Read More»

2010 Jeep Grand Cherokee
Chrysler, Dodge, Jeep Vehicles Get Stronger May Incentives

Chrysler today announced a more aggressive incentives program for May, including the potential for no-interest financing on much of its product line or cash-back offers of up to $4,000. For up to 36 or 60 months, depending on the vehicle, Chrysler is offering zero-percent financing, arranged...Read More»

Toyota 0% financing ad
Looking For A Sweet Deal? Vehicle Incentives Hit Record Highs

If you're in the market for a new ride and you've been waiting for the current wave of incentives to peak, you might want to head down to your dealer now. According to a study from Edmunds, more auto shoppers scored 0% financing last month than at any time in recent memory, and we're not so sure...Read More»

2010 Chevrolet Malibu
GM Expands Certified Pre-Owned Financing Deal To Chevy Malibu

General Motors has expanded low 3.9-percent financing on Certified Used models to include the Chevrolet Malibu. In February and March, GM was offering the deal on 2005-2010 Pontiac G6 models; now 2005-2010 Chevrolet Malibu models are also covered. The 3.9-percent APR financing applies for a term of...Read More»

Mike Rowe in Ford's 'Swap Your Ride' campaign
Ford Launches 'Swap Your Ride' Campaign, Offering $1,000 Bonus And 0% Financing

A couple of years ago, Ford invited shoppers to "swap their rides" for new Ford cars and trucks. The pitch was part of an advertising campaign from Ford Motor Company, centered on a $1,000 bonus for buyers who traded in vehicles from other manufacturers. Apparently the campaign was a success...Read More»

2010 Honda Civic Hybrid 4-door Sedan L4 CVT Grille
Honda Counters Toyota Incentives With New Leasing Deals

Honda has announced its biggest set of lease deals ever, which market experts are identifying as an effort to stoke sales and save its market share against the aggressive incentives now being offered by archrival Toyota. The so-called Feature Special Lease program that runs through May 3 allows a...Read More»

Kendall Toyota  -  Eugene, OR  -  First LEED Platinum dealership facility
Even This Month, GM And Ford Outspending Toyota On Incentives

Toyota might have rolled out more incentives for March—including factory-subsidized financing and lease deals plus free maintenance—but GM, Ford, and Chrysler are still offering deeper discounts. During March, GM will have spent an estimated $594 million on incentives, while Ford will spend...Read More»

Kendall Toyota  -  Eugene, OR  -  First LEED Platinum dealership facility
Toyota Offers Zero-Percent And Free Maintenance To Some Buyers

Toyota (NYSE: TM) rolled out an all-new incentive program aimed at jump-starting sales that have slumped due to bruised consumer confidence from the ongoing accelerator-related recalls, the related hearings in Washington D.C., and several other issues and recalls. The automaker calls the new...Read More»

Rashed A. J. Al Fahim, Andreas Ernst, Abdul Jabbar Gargash
Daimler Provides Sharia-Compliant Loans To Mid East Buyers

When Westerners think of Sharia -- the strict code of Islamic law -- we tend to think of...unpleasantness. Stonings, beheadings: that sort of thing. However, Sharia also covers financial issues, including lending practices. Specifically, Sharia prohibits the charging of interest on loans. That's...Read More»