Recently car dealers have been getting a bad rap on some local and national news shows. The latest complaint: Dealers actually make a profit when they sell financing and arrange car loans for customers buying vehicles from them. The audacity! Next some news program is going to report that grocery stores make a profit selling milk, and drug stores make a profit selling medicines. Gosh, how can we let abuses like this happen here?

A group calling itself the Consumer Federation of America suggests that car dealerships practice questionable business ethics when Read more . . .

North Americans’ love affair with the car remains undiminished and sales are on track to continue strong throughout 2004, with approximately 60 million new and used vehicle sales forecasted. Two nice carsYet while most shoppers enjoy poring over the styles and features of their dream car, they often ignore one of the most critical parts of the transaction: financing.

“Buying a car can be an emotional process, but consumers really need to do their homework and take a strategic approach if they want to get the best possible deal on their loan,” says Scott Denman, Managing Director, AAA Financial Services. “Many car buyers don’t pay close enough attention to their financing, and it can be a costly oversight.”

“Consumers routinely use the Web in their car selection process, researching models,

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The same hot-and-heavy competition that gives U.S. consumers significant value for their automotive dollar may actually be destructive to the consumer in the long run. That was a surprising message delivered by Jed Connelly, senior vice president of sales and marketing for Nissan North America Inc., to a large contingent of local and national auto journalists at the recent California International Auto Show in Anaheim. Read more . . .