Car Loan News / June car sales expected to disappoint![]() Although America is climbing out of the recession, car and truck sales in the U.S. for the month of June are expected to be disappointing, according to industry analysts. Auto sales are still expected to be higher than they were last June, but it is not believed that they will approach the strong figures from May, reports the Detroit Free Press. Across the economy, consumer confidence has continued to rise, but several factors played into a relatively slow month for car sales. "Even thought there is talk about how the economy is getting better, people don’t feel it yet," Jessica Caldwell, automotive analyst for Edmunds.com, told the news source. "You have a month like June and there is no holiday weekend, and no big incentives, and buyers hold back." Industry experts are expecting June’s seasonally adjusted annualized rate to total about 11 million vehicles sold. That would be down from 11.6 million in May but up from 9.7 million in June 2009. Analysts expect Chrysler, who, along with GM, was in bankruptcy this time last year, to experience the biggest gains among domestic automakers with an expected 33.2 percent increase in sales. Whether one decides to buy a car now or wait another month, it would be a wise decision to visit an online third party lender when looking for a car loan. These businesses can offer competitive rates on auto loans. |
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![]() Inexpensive portable navigation systems and even cheaper smartphone nav applications are making the pricey in-dash systems offered by automakers less attractive to many consumers. But some people prefer in-dash systems because of their larger screens and because they offer more features. Plus, you never have to worry about forgetting an in-dash system at home. Finally, prices for in-dash systems are starting to drop. ![]() Bluetooth is a wireless technology that allows two compatible devices to communicate. In the car, it lets you operate a mobile phone "hands-free," meaning you don't have to hold the device while making or taking a call or performing such functions as accessing the phone's address book. (Of course, you have to use your hands to operate certain Bluetooth features via the vehicle's controls.) ![]() Automotive sound systems are more complex now that portable media players, hard-disk drives and smartphones are along for the ride. But the basic radio/speaker setup hasn't drastically changed, even though more speakers and more amplifier power have been added over the years.
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![]() Sales of Ford vehicles increased 13.3 percent in June compared to the same month last year, and the gain was largely spurred by a strong showing by the carmaker’s Super Duty pickup trucks. ![]() Responsible consumers tend to have all their affairs in order – a steady income, plenty of savings and perhaps even an investment or two on the side. While these things are all positive, they ultimately won't get you approved for an auto loan – for that, you need credit.
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![]() Getting the Best Rates on Your Car Loan ![]() Identifying Your Target Cars & Arranging Financing ![]() There are certain people who seem to have X-ray vision, who can look at a business and see things that are invisible to other people. I bring this up because I have a friend who spotted something about used cars that I have never heard addressed by anyone else.
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