Here we go—

The return of Fastrax.  Absent for a while, for no particular reason, you’ll be receiving a Fastrax approximately every 10 days… so hit unsubscribe if that’s not good news.

What better to lead off with than an almost-funny-if-it-weren’t-so-tragic switch of position? Cars have always been a depreciating asset while homes were a safe haven… yeah right!! Lately small cars have increased in value and home values are falling like a rock. It won’t last but it seems strange. Besides, probably not too practical to move your family of four into the family Prius.

How about this from Experian…

Of all vehicles (1.3 million) severely damaged by collision, weather, or fire in the first 1/2 of 2008, 15% (195,000) now have clean titles. Read another way, almost 200,000 totaled cars are returned to the roads of America—illegally—every 6 months.

Protect yourself. How? Experian and CARFAX both have programs to help consumers. Auto Solution has a program through Experian to help Credit Unions protect themselves from financing those vehicles. Call us!

From a consumer’s position there is nothing more important than knowing that you are buying from a reputable source (that’s why well over 300 Credit Union outlets recommend Auto Solution).

And, especially now, if you’re thinking of a new vehicle don’t forget incentives, the money paid to dealers and sometimes consumers by manufacturers to encourage sales. Right now some manufacturers are paying loads of money to dealers on some models and you need to know before buying or chances are good the dealer will forget to mention the dealer money to you—Imagine—

If you are a consumer, call us. We’ll tell you if your vehicle of choice has incentives. And if you’re a Credit Union, we’ll advise you monthly, upon request, of all incentives.

We’ll talk soon—don’t let all the doom and gloom on the nightly news get you down.