The Federal Reserve’s data shows that the average auto loan interest rate on new car loans at auto finance companies in April was 4.13 percent.
April’s rate follows several previous months of a rate decline, SubPrime Auto Finance News reports. In March, the national average car loan rate was 4.28 percent and in February it was [...]
Read Full Post »
Posted in auto loans, car loans, leasing on May 26th, 2010
Mercedes-Benz Financial is giving its dealers Apple iPads to help move the auto loan process out of the finance manager’s office and onto the showroom floor, and to speed-up transactions. Mercedes-Benz Financial says it is one of the first companies to adapt the consumer-oriented iPad as a mobile business tool.
MB Advantage, which is Mercedes-Benz’s point-of-sale [...]
Read Full Post »
Posted in auto loans, car loans, leasing on Oct 9th, 2009
If you’re in the market for a new or used vehicle, how do you figure out if you should lease or buy?
“Look at your driving history,” says Tarry Shebesta, president of Automobile Consumer Services, Inc. Tarry’s company includes Web sites www.LeaseCompare.com, www.LowerMyLease.com, www.LeaseSpecials.com and www.FrontRowCars.com. Tarry is also the former president of the National Vehicle Leasing [...]
Read Full Post »