By on October 12, 2021

While nobody needs to tell you that the economy isn’t in good health, we should at least hip you to the latest automotive trends relating to the financial purgatory we’re currently living through. Ford sent a memo to dealers last week indicating that it would be removing the minimum FICO requirement for 84-month financing, indicating that the industry may soon normalize auto loans that are even longer than the 72-month whoppers that have grown in popularity over the last several years.

Meanwhile, those needing a vehicle intermittently will find that rental rates have not been declining as hoped. Despite analysts previously suggesting that auto pricing may stabilize through the fall, we now look to be going into the holidays facing familiar high-priced troubles — and there’s really no reason to think that’s going to change after 2022 gets here.  (Read More…)

Recent Comments

  • 28-Cars-Later: Ban politicians.
  • N8iveVA: “Ah, forget it. CA politicians are only focused on the next election cycle ” Uh correction,...
  • Master Baiter: If CA cared about air quality they would figure out how to stop the annual wild fires. WRT to lawn...
  • beachy: Wish they would do this in Texas. Ungodly noise and dust, the ’employees’ of the landscaping...
  • ravenuer: Can’t say I ever heard of these.

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber