  Car buyers can avoid expensive financing charges by purchasing a low-priced used car outright, but they should be aware that there will likely be maintenance and repair speed bumps along the way.
Thats the key takeaway from Edmunds.com, following its yearlong Debt-Free Car Project, which tested the theory that shoppers can find a reliable used car for under $5,000 without the burden of monthly payments.
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 General Motors Financial Company Inc. has acquired the equity interests in the top-level holding companies that comprise substantially all of Ally Financial Inc.s auto finance and financial services business in Europe and Latin America. The purchase includes operations in Germany, United Kingdom, Italy, Sweden, Switzerland, Austria, Belgium, the Netherlands, Chile, Colombia and Mexico.
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 Approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, according to a new survey from TransUnion. Auto loans may be the main focus of that growth.
The survey found that more than half of credit union respondents believe auto loans are their biggest opportunity. |
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