TITLE

Dealers say Fed, not fuel, is key

PUB. DATE
June 2000
SOURCE
Automotive News;6/19/2000, Vol. 74 Issue 5880, p68
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on concerns over the effects of high interest rates on the sales of automobiles by dealers in the United States. Opposition of the consumer to proposed interests in car loans; Prevalence of trade-ins of sport-utilities and full-sized pickups for economy cars; Impact of the increase in gasoline prices on the sales of sport-utilities and trucks.
ACCESSION #
3305141

 

Related Articles

  • 0 percent mania grows. Teahen Jr., John K. // Automotive News;10/8/2001, Vol. 76 Issue 5952, p41 

    Focuses on the introduction of zero percent financing on automobile purchasing replacing expiring incentive programs in the United States.

  • NO CREDIT? BIG PROBLEM. Rios, Edwin // Mother Jones;Mar/Apr2016, Vol. 41 Issue 2, p49 

    The article offers information on various ways to squeeze money on subprime car buyers which include the use of interest rate markups, the use of income and asset exaggeration, and provide add-ons products.

  • When it comes to car sales, interest rates count.  // Irish Motor Management;Mar/Apr2008, p47 

    The article focuses on the impact of interest rates on the sale of motor cars in Ireland. Statistics indicate that sales are affected by the slowdown of the country's economic conditions, including a decrease in the housing market and tighter credit availability. It is evident that growth in...

  • 'Sweet 16" Soon? STODDARD, HAIG // WardsAuto Dealer Business;Jan2013, Vol. 47 Issue 1, p7 

    The article discusses the possibilities for increase in the sales of automobiles in the U.S. in the year 2013 in spite of various factors including fiscal cliff, economic slowdown in China and various predictions related to world's end. Low interest rates that attract buyers is a reason...

  • Big 3 are calm, but interest hike disturbs analysts. Henry, Jim // Automotive News;4/21/1997, Vol. 71 Issue 5709, p3 

    Reports on the reaction of General Motors, Ford Motor Corp. and Chrysler Corp. to rising interest rates for automobile sales in the United States. Comments from auto industry analyst Jack Kirnan; Average automobile loan rates in the United States in 1996; Sales forecast from New York-based...

  • Numbers Driven. Edgerton, Jerry // Money;1998 Special Year End Issue, Vol. 27 Issue 13, p110 

    Evaluates auto financing deals. Interest rates; Dealer financing versus outside financing; Comparison shopping; The cost of taking a lump rebate when buying; Chart showing savings with several financing plans.

  • Bargains Keep Rolling. Naughton, Keith // Newsweek;4/8/2002, Vol. 139 Issue 14, p60 

    Reports on rebates and zero percent financing for automobiles, which may encourage consumers to purchase cars. Way that rebates have gotten smaller for automobiles; Availability of zero percent financing through three-year loans rather than five-year loans; Way that loan rates will increase...

  • The Fed has been busy: 9 rate cuts this year. Boyd, Tracy; Henry, Jim // Automotive News;10/29/2001, Vol. 76 Issue 5955, p12i 

    Reports the reduction of short-term interest rates by the United States Federal Reserve Board. Amount of the reduced interest rate; Advantages of the reduction to lenders; Evidence of limited impact on automobiles purchasing.

  • The Sweetest Rate. Chatzky, Jean // Time;1/26/2004, Vol. 163 Issue 4, p72 

    Offers advice on buying a car. Suggestions which include knowing your credit score, finding the best interest rate from an online lender that specializes in auto financing, how to negotiate financing with the dealer, how to evaluate manufacturer's incentives.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics