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Tag Archives: auto financing
Auto Buyers Shopping Lenders. Captives Have Higher Satisfaction Rates
New car dealer recommendations are the most influential concerning lender choice (48% luxury and 50% mass market), but nearly one-fourth (24%) of luxury customers and nearly to one-third (32%) of mass market customers now consider multiple lenders before selecting their finance provider. Continue reading
Posted in customer satisfaction
Tagged auto financing, autoinformed, autoinformed.com, Ken Zino
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GMAC-SAIC Finance More than One Million Car buyers in China
GMAC-SAIC Automotive Finance Company says its customer base has now surpassed one- million car buyers in China. The first and largest auto finance company in China since its founding in 2004 also has a continuous record of profits. In August 2012, GMAC-SAIC reached 880,000 customers when it celebrated the company’s eighth anniversary. Continue reading
Posted in auto news, milestones, news analysis
Tagged auto financing, auto informed, autoinformed.com, automotive news, china, gmac-saic, Ken Zino
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Judge Rules Against Dealers on Disclosure of Car Loan Terms
A federal judge in Washington has ruled that automobile dealers who engage in so-called three-party financing transactions must disclose information to consumers who take out car loans if they are offered less favorable terms, such as a higher interest rate, than the most favorable terms available to the majority of consumers. Continue reading
Posted in auto news, litigation, marketing, news, news analysis
Tagged auto financing, auto informed, autoinformed.com, automotive news, credit reports, doj, ftc, Ken Zino, nada
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