Archive for the 'Cars' Category

Auto accessories

February 3rd, 2010

Whenever me and my husband visit the mall, we will for sure visit the car accessories store. Because my husband do love to buy things that he can add on the car to make it look good and accessible. Since me, my husband and two children do love to travel we make sure that we [...]

The Car Collection

January 19th, 2010

In looking for type of cars, there is no place to find a better model than searching the Internet. With the excellent features provided at the site, we can easily determine our dream car.
That is why when we plan to purchase a car, we begin searching for the different models of car that we can [...]

Automobile insurance

November 11th, 2009

My father wanted to buy a new car, the old one will be given to me. He wanted me to learn how to drive and be responsible. He knows that having my own car can make me be more responsible and can make me think more matured. After buying his car, he will show me [...]

Class-Action Lawsuits

February 20th, 2009

In over a dozen class-action lawsuits, leasing companies have been accused of violating consumer lending laws by charging excessive early-termination penalties on leases. According to plaintiffs’ attorneys, leasing companies are not allowed to collect more than three times the monthly payment as a penalty. In many cases, companies were making their customers pay penalties of [...]

FTC Investigation: Deceptive Advertising

January 20th, 2009

In 1996, five automakers were charged by the Federal Trade Commission with using deceptive advertising to market leases. General Motors, Mitsubishi Motor Sales of America, Mazda Motor of America, American Isuzu Motors, and American Honda Motor Co. were all accused of not providing proper disclosure in their television ads, making it difficult for consumers to [...]

Why Leasing Companies Love Leasing

December 20th, 2008

Leasing companies (including the ones that are owned by automakers) have two reasons to love leasing. First, it allows them to make a lot more interest on every car they finance, since less principal is being paid off in every lease payment.
For example, on $20,000 loan and lease balances, at 8% for 3 years (50% [...]