Category: Global

Average Monthly Car Payments Hit All-Time High Of $736, As APRs Soar Over 7%

The last time financing rates for new and used vehicles were this bad, it was the third quarter of 2007, and we were on the verge of the Great Recession {{comments}} comments 16

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2 men arrested after stealing truck from southern Indiana car dealership

It was an elaborate scheme to steal a pickup truck from a local car dealership, but now, two men are in jail in southern Indiana for the crime.Started in 1980, Hills Auto Sales

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Teen who drove stolen car through Driver’s Village window hit 6 dealers in 2 weeks, prosecutors say

Cicero, N.Y. — A Syracuse teen who drove a stolen car through a window on the way out of Driver’s Village was capping a two-week crime spree of break-ins and car thefts, authorities

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Why are used cars still so expensive?

The latest consumer price index shows that the price of used cars and trucks dropped 2.5% last month. Compare the price to a year ago, and it’s even lower — 8% to be precise.

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Most Used Cars Are Getting Cheaper, Except For Trucks

Used cars are finally getting a little cheaper, according to Cox Automotive. After what seemed like an interminable series of price hikes across all vehicle segments, used prices are going down. The only

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FTC Rule Would Make A Special Exception So Car Dealers Can Keep Ripping People Off

The Federal Trade Commission may be excluding car dealerships from its plans to ban junk fees if provisions in a reportedly controversial set of proposed rules targeting dealerships are finalized. According to Automotive

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Shelter and new car prices rise, used vehicles fall

Shelter costs were the largest contributor to the Consumer Price Index (CPI) in September, showing renters and homeowners saw similar price increases year-over-year as rental prices surged. Meanwhile, new vehicle prices rose 2.5%

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Here’s $25,000, import a used car from Europe

If you love cars like we do, there’s almost certainly some forbidden automotive fruit that’s always piqued your curiosity from across the pond. Perhaps it’s from a brand not sold here. Maybe it’s

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Used Car and Airline Prices Signal Inflation Is Here to Stay

(Bloomberg) — The rapid descent of US inflation over the last few months is likely too good to last. Most Read from Bloomberg New upside risks in categories that have played an outsize

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Thieves steal $380K worth of cars from South Windsor dealership

Car thieves stole nearly $400,000 worth of used vehicles from a dealership in South Windsor early Wednesday. The theft was reported at Mike and Tony Auto Sales at 1161 John Fitch Boulevard at

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