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Car Deals Include Lower Interest Rates, Longer Financing

2014 Elantra Sedan If you want a new car, but worry that high monthly payments won’t fit your budget, now may be the right time to explore your options. “Credit conditions are making it easier to buy or lease a new car,” says Jessica Caldwell, senior analyst at Edmunds.com. “Shoppers are opting for longer terms at lower interest rates. In other words, they’re able to afford more expensive cars by keeping their monthly payments at or near what they’re ... continue reading»

Tags: News, Financing, car deals, Leasing

Lower Monthly Payments Mean Leasing is on the Rise

2013 Honda Accord sedan Automakers have had strong new car sales so far this year, and an increasing number of leased 2013 vehicles may be part of the reason why more customers are driving cars off of dealer lots. A press release from Edmunds.com indicates that leases comprise a quarter of new car sales so far this year. That would be a 3 percent increase compared with 2012 if the trend continues. [READ: Buying vs. Leasing] “Lease offers have become more important to ... continue reading»

Tags: News, Sales Trends, Buying a Car, Leasing

Save Money with These September Car Deals

In some ways, September is all about transitions. Last week we officially moved from summer into fall, and a new school year is now under way. Car shoppers will also see some changes this month, as September car deals include outgoing 2012 models, as well as 2013 cars, trucks and SUVs that have made their way onto dealer lots. Acura, Chevrolet, Hyundai and Mazda are all offering lease deals that will put you in a new car for under $300 ... continue reading»

Tags: New Cars, Used Cars, Car Shopping, Financing, Deals, Model News, Leasing