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Equifax: U.S. Consumers Doing Better at Paying Retail and Bank Credit Card Bills

ATLANTA — U.S. consumers continue to make timely payments and pay down their retail credit card and bank card balances, resulting in a significant reduction in the number of card write-offs over 2010 levels, according to Equifax’s lates
Jan 13, 2012
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Start Off 2012 with 12 Auto Finance Resolutions

WASHINGTON – A New Year is a time of fresh beginnings. As consumers make their New Year’s resolutions, AWARE (Americans Well-informed on Automobile Retailing Economics) offers 12 vehicle finance resolutions to keep in mind when buying a car. “B
Jan 13, 2012
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GM Certified Pre-Owned Sales Up 20% in December

Chevrolet, Buick, GMC and Cadillac dealers in the U.S. reported 27,627 sales of certified pre-owned vehicles, an 11 percent increase compared to last month and a 20 percent increase compared to December 2010. Through the end of 2011, combined sales o
Jan 13, 2012
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J.D. Power: Hyundai Ranks Highest in Customer Retention among 33 Automotive Brands

WESTLAKE VILLAGE, Calif. — One in three new-vehicle owners who switched brands say their previous brand didn’t make the type of vehicle they wanted, indicating that striking the right combination of model offerings and vehicle appeal is critical
Jan 13, 2012
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Seven Vital Signs to Optimize Every Used Vehicle Inventory Acquisition

Whenever I go to a doctor for a check-up, my visit usually starts with a “history and physical” assessment. The H&P, as medical folks dub it, is a cornerstone of healthcare. It gives the medical professionals an opportunity to efficiently ask
Jan 13, 2012
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Toyota and Lexus Say “Welcome Home” to Troops with Special Financing and Military Rebate Program

TORRANCE, Calif. —  As tens of thousands of troops return from overseas deployments, Toyota and Toyota Financial Services (TFS), and Lexus and Lexus Financial Services (LFS) are offering special APRs and rebates to qualified military personnel
Jan 13, 2012
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Average Days’ Supply Pushed to Lowest Level Since 2003

According to the NADA Official Used Car Guide Update for January 2012, total light vehicle sales in December increased by 9% on an annual basis to reach 1.24M units. NADA UCG said, as a result, full year sales landed at 12.7M units which translated t
Jan 13, 2012
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Survey: Americans Rank Mileage as Top Depreciation Factor

RICHMOND, Va.– When asked what is the biggest contributor to a car’s depreciation, more Americans choose mileage, according to an online survey conducted for CarMax, Inc., the nation’s largest retailer ofused cars. Frame damage and not ke
Jan 13, 2012
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New Look, Latest Technology and Fuel Efficiency Are Key Drivers of Shoppers

ATLANTA — For the January edition of the Shopper Insights Report, brought to you by the AutoTrader.com Trend Engine, the experts at AutoTrader.com named the most significant all-new or newly redesigned vehicles for 2012 and then polled more than 20
Jan 13, 2012