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Chances are good that you will take out a loan the next time you buy a car. Whether they are buying a car that is new or used, most people do not have enough money saved to purchase the vehicle outright; thus, financing a car purchase is quite common. Regrettably, however, many end up with [...]
So, is Chrysler still in major trouble, or are they okay? It was announced that Chrysler lost an astounding $3.8 billion dollars in the second half of 2009, but it doing much better now. Much better means that for the first quarter of this year they only “lost” $197 million. While I acknowledge that’s a [...]
While other car makers seem to be struggling for profits, Hyundai has continued to show that money can be made even during a recession. Hyundai announced a 47% increase in car sales over the same period last year. It was also a 33% increase over last month. Those are phenomenal numbers, and the types of [...]
It was just announced that the House has approved another $2 billion dollars to keep its “Cash For Clunkers” program going. I first learned about this program from my buddy Brandon’s blog The Almost Millionaire, and commented on it back then. To me, this seemed like a good program that, if handled properly, could offer [...]
So, this is what it’s come to, eh? The economy has gotten to the point where limousines need to be downsized to save money? Ghost This is the new Rolls Royce limousine, called The Ghost. It’s called Ghost because last year’s 4-door limo was called The Phantom; no, that’s doesn’t make much sense either. Still, [...]