Recent numbers from the U.S. auto industry show that while sales are struggling internationally, auto sales here at home are still booming.

American auto buyers are spurred on by loosening auto loan requirements, increased quality in American-made cars, and a steadily improving economy. Also, new vehicles like the Dodge Dart are spurring excitement among car buyers, something that hasn’t been seen in recent years, and these new models are offering better fuel economy, even for their trucks and larger vehicles. LMC Automotive predicts that 14.5 million light vehicles will be sold in the United States this year alone, and 150 percent of Ford’s second quarter earnings came from U.S. auto sales.

Are these sales numbers sustainable? Probably not, but they are pretty amazing nonetheless. Even when the sales eventually plateau, I expect they will still pull in good numbers domestically. American auto makers have seen a comeback both in quality and sales, and car shoppers are much more likely to consider an American-made car now than they were just a few years ago. Plus, many drivers have held off on a new car for so long that their current ride is reaching the end of its road life, and soon it will make more sense to buy a new car instead of sinking more money into repairing the old one.

If you’re looking for a new or used car, now is the time to buy! Lenders are loosening their requirements, and Approved Loan Store wants to help you get the best deal possible on that new car! Fill out our secure online auto loan application here, and keep up with the latest news and trends in the auto industry by liking Approved Loan Store on Facebook, following Approved Loan Store on Twitter, and subscribing to Approved Loan Store on YouTube!

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