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Big Headline in Automotive News and the Wall Street Journal: “Drought Ends: Average Joe Can Get a Car Loan”

What?  What drought?  Has the media not learned of Credit Unions? Credit Unions never ran out of money or cut back on consumer loans. Want to borrow money for a new or used car?  Call your Credit Union!!!
Here is something new–A shortage of “American Cars”.  We’ve noticed lately a real dearth of some Chevrolet and Ford models.  [...]

Well… here is a surprise

From the September 14th issue of Automotive News, “Clunker Shoppers Didn’t Play Hardball; Margins Soared.” The article states that (surprise, surprise) dealers took full advantage of cash for clunkers customers by selling new cars for far more money than they had previously been selling for.  The article continues “Consumers did not understand that the cash for clunkers [...]

Notice from Government regarding Cash for Clunkers

Contingent Deals
Generally

A dealer has demanded that I sign an agreement that requires me to pay the dealer $4500 [or $3500] if the dealer’s credit application is rejected. Am I required to agree to this?

No.To participate in the CARS program, you do not have to sign an agreement to pay back the dealer the CARS credit [...]

OK – Time for some Clunker Information

#1  Overhead in a dealership
“No, during the Cash for Clunkers program, we do not negotiate off the sticker price.  You are being allowed $4500 on your clunker.  Isn’t that enough?”
Answer! No, that’s not enough.  “Clunkers” has nothing to do with the cost of the new vehicle.
Auto Solution gets the new car close to invoice and [...]

OK-I’m Back…

GM Bankrupcy!
Bout time!  Never seen anything so dysfunctional, but it’ll get worse with the Government involved.  Buy a GM car now?  You bet–they have some great models and the prices now can’t be beaten–Call us–
Oh yeah, if your new GM vehicle needs warranty work, Nancy Pelosi will personally come out in designer coveralls and take [...]

And now the good news…

Auto Solution is doing great!
It is tough, today, as you know if you turn on any news broadcast (Doom & gloom)
But if you do things right it’s not so bad.
Read the paper (woe is me)…no financing is available. Really? Call Auto Solution, we’ll hook you up with hundreds of Credit Unions who want to loan qualified buyers money–not [...]

Now might be the time to buy…

Well, well.
Seems our elected officials have opted for the $700 billion bailout. I should have failed in business. Would have been more profitable in the long run.
But enough of that. At least your money is safe–if it’s in a Credit Union.
Cars, oh yeah–
Guess what? The dealers with the multi-million dollar inventories are starting to call. Subarus below invoice. Used cars [...]

We’re back!

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… [...]

Recession????

On the cover of Automotive News (Feb 4th) the headline screams!” In an Icy Economy, Early Signs of Frostbite–January sales soften, dealers scramble”
That sure is interesting, I know Auto Solution doesn’t speak for the industry at large, but we had our best January in 3 years–maybe consumers are looking around for good deals…ya think?
Ok, here’s [...]

Let’s have some fun with rebates

You remember — money back that manufacturers were going to eliminate a few months ago. Well here we go — remember these may vary by region but show that the car business isn’t booming.
These are just examples, they are nowhere near a complete list. (Email me for a specific car.)
Chevrolet

07 Aveo – $1250
07 HHR – $2000-$2500
08 [...]