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Car Loan Standards Still Tough but Easing
It grew easier to access a car loan in August – the third straight month of easing standards. But credit…
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New Cars Back to Last Year’s Prices
The average new car in America sold for $48,451 in August – up $42 from this time last year. Prices…
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Average Used Car Price Fell More Than 1% In August
Last month, the average listed price for a used car in America was $26,651 — down 1.4% from July’s figure.…
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Wholesale Used Car Prices Rising Again
The wholesale prices car dealers pay at auction for the used cars they later sell rose slightly in August. That’s…
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Car Insurance Rates Soaring in Most States
Feel like you’re paying more than ever for car insurance? You’re not alone. According to the U.S. Bureau of Labor…
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How an Autoworker Strike Could Make Your Old Car More Expensive
The United Auto Workers (UAW) union claims more than 400,000 active members. They build cars. They appear likely to go…
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Many Americans Not Ready for Electric Cars
American motorists may not be as ready for electric cars as headlines suggest. Recently, Kelley Blue Book surveyed shoppers asking…
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BMW Drops Plan for Heated Seat Subscriptions. But Wait.
BMW buyers will not be asked to pay $18 a month to make the heated seats in their new cars…
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Car Dealers Worried About High Interest Rates, Slow Economy
Buying a new car involves negotiation. A good negotiator sits down to talk, understanding the outlook of the person on…
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Dealers Have Plenty of New Cars Ahead of Potential UAW Strike
America’s Big Three Automakers and the United Auto Workers union are negotiating furiously, trying to head off a possible strike…