Tag Archives: auto

New Car Financing: 2013’s Cheapest Cars

As auto makers release their new models for 2013, car shoppers on a budget should be very pleased. Among the new 2013 models, there are a lot of great cars with top-of-the-line features now included with no extra cost. At the Approved Loan Store, we want you to get the best value for your dollar, so we’ve compiled a list of the least expensive 2013 vehicles and some of their standard features. These vehicles range in price from $12,780 up to $15,515.

Bottom line? If you thought you couldn’t afford a new car, you thought wrong.

Nissan Versa – $12,780
Features: 31 city/40 highway mpg, Push Button Ignition, hands-free cell phone calling, Nissan Navigation System with 5-inch touch-screen, USB iPod input, and rear-view camera

Chevrolet Spark LS – $12,995
Features: 32 city/38 highways mpg, 5-speed manual transmission, 4-speaker audio system, 4-wheel antilock front disc/rear drum brakes, and StabiliTrak stability control system

Smart ForTwo Pure – $13,240
Features: 34 city/38 highway mpg, 5-speed automated manual transmission, leather steering wheel and gearshift knob, electronic stability program (ESP) with hill start assist, aux audio input jack, and antilock braking system

Ford Fiesta S – $13,995
Features: 29 city/39 highway mpg, 1.6L Duratec I-4 engine, Electric Power-Assisted Steering (EPAS), AdvanceTrac Stability Control, six-speed automatic transmission, aux audio input jack, 4-inch LCD display screen, 4-wheel antilock brake system, and SecuriLock passive anti-theft ignition system

Kia Rio LX – $14,350
Features: 29 city/37 highway mpg, 1.6L I-4 engine, 4 speakers audio system, USB/aux audio input jack, antilock brakes, 15” tires with steel wheel covers, and electronic stability program (ESP) with hill start assist

Chevrolet Sonic LS – $14,995
Features: 26 city/35 highways mpg, 1.8L 4-cylinder engine, 4 speakers audio system, aux audio input jack, OnStar Vehicle Diagnostics, remote keyless entry, and engine immobilizer, theft-deterrent system

Toyota Yaris L – $15,130
Features: 30 city/37 highway mpg, 1.5L 4-cylinder engine,6 speakers audio system, CD player, aux audio input jack, on-board computer, Bluetooth hands-free phone system, 4-wheel antilock brakes, and stability control

Kia Soul Base – $15,175
Features: 25 city/30 highway mpg, 1.6L 4-cylinder engine, AM/FM/CD/MP3/SiriusXM audio system with 4 speakers, Bluetooth hands-free phone system, power door locks, and remote keyless entry with Folding Key

Hyundai Accent GLS – $15,320
Features: 28 city/37 highways mpg, 1.6L 4-cylinder engine, antilock braking system, 172-watt AM/FM/SiriusXM/CD/MP3 audio system with 6 speakers, power door locks, and remote keyless entry with panic alert

Mazda2 Sport – $15,515
Features: 29 city/35 highway mpg, 1.5L 4-cylinder engine, antilock braking system, AM/FM/CD/MP3 audio system with 4 speakers, remote keyless entry, and engine immobilizer, theft-deterrent system

Are you ready to get into a new or used car? Approved Loan Store can help you! Good credit, bad credit, no credit, we will work hard to get you the car you want at terms you can afford! Get started today by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

Image courtesy of digitalart / FreeDigitalPhotos.net

Survey: Car Buying in 2013 is a Woman’s World

In the 2002 film My Big Fat Greek Wedding, Toula (Nia Vardalos) wants to go back to school but is worried that her father will never allow it because he is the “head of the house.” She confides these fears to her mother Maria, and Maria delivers one of the most memorable lines of the film. “Let me tell you something, Toula. The man is the head, but the woman is the neck. And she can turn the head any way she wants.”

There is new research on how married couples purchase vehicles that pretty much proves what Maria and wives the world over already know. Women have a great deal of influence over their husband’s decisions, and most of the time, the husband doesn’t even know they are being swayed one way or the other.

According to a survey from the Alliance of Automobile Manufacturers, 72 percent of married male auto buyers think they have more influence over car they will purchase. By comparison, 60 percent of women think they have more influence over the final purchase. Over half of women and almost three-quarters of men think they have the final say. While some wives or husbands might defer to their spouse, there will clearly be some overlap of the husband and wife both thinking they made the decision.

Some people might ask why I think it is more likely that wives have more influence than the husbands. After all, these wives could think that they are influencing the decision when they really are not. The reason why I tend to believe the wives is because these days, women purchase 60 percent of all new cars and 53 percent of all used cars. They dominate their male counterparts in buying both new and used cars, and they are more experienced buying a car, whether they are buying it with or without a husband.

Man or woman, male or female, every car buyer wants the same thing, to get the best deal possible on the car they want. Approved Loan Store can help! Whether if you have good credit, bad credit, or no credit, we will work with you to get the right car at terms you can afford! Get started today by filling out our secure online auto loan application here, and for more auto news and buying tips, be sure to like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

Image courtesy of digitalart / FreeDigitalPhotos.net

EIA: Americans Spent Nearly $3000 on Gas in 2012

As February begins, Americans are reviewing their New Year’s resolutions and lamenting the ones that were forgotten or broken in January. For many people, a common resolution was improving personal finances. They want to pay off a credit card, get out of debt, or start putting more money away in savings. The tough part about these resolutions is finding where to cut corners, especially for families, but a new statistic from the US Energy Information Administration (EIA) points to one expense that Americans could cut: gas.

According to the EIA, the average US household spent $2,912 on gasoline last year. That is nearly $3,000 is going towards only gas, not to mention vehicle service and maintenance costs. Unfortunately, gas prices have gone up substantially in the past few years. Prices rose 26.1 percent in 2011 and an additional 3.3 percent in 2012 while household income only increased 2.9 percent, and gas prices aren’t likely to drop anytime soon.

What can Americans do to cut back on their gasoline costs, especially with the price of gas rising? Quite simply, the best way to cut back on gasoline costs is by trading in for a more fuel-efficient vehicle. Even used cars from the past few years have much better fuel efficiency than older models, and while it will be a bigger purchase up front, the savings at the pump will pay off in the long run.

Are you looking to trade in and want the best possible deal on your new car? Approved Loan Store wants to help you! Good credit, bad credit, no credit, we will work with you to get you a car you want at terms you can afford! Get started today by filling out our secure online auto loan application here, and get more auto news and buying tips 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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Jeep Super Bowl Ad Pays Tribute to Troops

Last Sunday was the Super Bowl, and as usual, the commercials were talked about almost as much as the game. In 2012, Chrysler’s Imported from Detroit was one of the most discussed ads of the night, and this year, Jeep had an ad that Americans won’t easily forget.

Jeep used their Super Bowl commercial titled Whole Again to pay tribute to America’s service men and women. Narrated by Oprah Winfrey, the commercial recognized the sacrifices made by these brave men and women, from the missed family dinners to missed basketball games. They show a soldier holding his dog tags and a family praying over their father’s picture, and the commercial ends with a joyful homecoming with a town welcoming soldiers home.

A lot of companies have done tributes to America’s service men and women throughout the years, but what I really loved about Jeep’s commercial was how they paid tribute to the families as well. They recognized the lonely nights and the tears shed by spouses back home. Children grow up and celebrate milestones without their mother or father present. Americans who choose to serve are making sacrifices, but these spouses and children are making sacrifices as well. I appreciate that Jeep recognized them and their struggles.

You can watch the full ad here:

Readers, we want to hear from you. What did you think of Jeep’s ad? What was your favorite car commercial from the Super Bowl? Leave a comment below, and let us know what you think!

Are you ready to get into a new or used car? Approved Loan Store wants to help you! Good credit, bad credit, no credit, we will work to get you a car you want at terms you can afford! Get started today by filling out our secure online auto loan application here, and be sure to like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

Consumer Reports: Ford’s EcoBoost Engines Disappoint in Testing

In the past year, Ford has been heavily promoting their EcoBoost engines as a more eco-friendly but still powerful option. A new series of tests by Consumer Reports, though, might poke some holes in their grand claims.

Consumer Reports ran a series of tests on the 2013 Ford Fusions with EcoBoost engines, and they found that the vehicle’s 0-60 acceleration speed lagged behind its competitors. This might be understandable and excusable if the engine delivered on fuel efficiency, but in the tests, it only got 25 mpg. To give some perspective, the Chevrolet Cruze Eco gets 28 city/42 highway mpg, the Honda Civic HF gets 29/41, and the Volkswagen Jetta TDI gets 30/42.

Fortunately, some of the new engines from Ford’s competitors did deliver on their promises. Consumer Reports highlighted BMW’s turbocharged four-cylinder engine which can keep pace on acceleration and still gets 28 mpg. Similarly, the Volkswagen’s 2-liter turbo engine performed well in testing, proving that this type of engine can be competitive if manufacturers work out the kinks.

Are you looking for a more fuel-efficient vehicle? Approved Loan Store can help! Good credit, bad credit, no credit, we want to get you into a car you want at terms you can afford! Get started today by filling out our secure online auto loan application here, and get more auto news and buying tips by liking Approved Loan Store on Facebook, following Approved Loan Store on Twitter, and subscribing to Approved Loan Store on YouTube!

Auto Loan: January Auto Sales Surpass Expectations

We predicted it. With reports of lower interest rates and more flexible loan lengths, we predicted that January would be a good month for the auto industry, even coming off of such a strong year.

As it turned out, January was a great month.

January is done and the numbers are coming in, and U.S. auto sales were up 14 percent. It is much better than analysts were predicting, and these gains weren’t limited to one type or model of vehicle. Large pickups, small cars, and crossovers alike all saw increased sales in January.

Among the individual automakers, Toyota had a 27 percent increase. Ford’s U.S. sales had a 22 percent increase. GM had a 47 percent increase on Cadillac, and sales for their full-sized pickups increased 32 percent. Meanwhile, Chrysler’s car sales went up 50 percent with strong showings by the Dodge Avenger, Dodge Dart, and Fiat 500 line.

Automakers are ready to keep these sales numbers going with promotions and deals changing monthly. Now is a great time to get into a new or used vehicle. If you’re ready to get into that car today, Approved Loan Store is ready to help you. Good credit, bad credit, or no credit, we will work with you to get the car you want at terms you can afford.

Get started today by filling out our secure online auto loan application here, and get more auto news and buying tips 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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CONSUMER ALERT: Recall on Certain 2012 GM Auto Models

A few days ago, GM and the National Highway Traffic Safety Administration announced a recall of some 2012 GM vehicles over safety concerns with the vehicles’ air bags.

The affected vehicle models are the 2012 Buick Verano, the 2012 Chevrolet Camaro, the 2012 Chevrolet Cruze, and the 2012 Chevrolet Sonic. According to the recall report, there are issues with the driver side frontal air bag where the air bag might not deploy in a crash.

GM is replacing the steering wheel airbag coil free of charge for all affected vehicles, and while GM will be contacting all affected drivers, any owners who are feeling pro-active can contact GM at 1-800-521-7300.

You can read the full NHTSA recall report here.

Get the latest auto news and consumer alerts like recalls and special deals by liking Approved Loan Store on Facebook, following Approved Loan Store on Twitter, and subscribing to Approved Loan Store on YouTube! Are you ready to get into a new or used car today? Get started by filling out our secure online auto loan application here!

Car Trade-In: When Is the Best Time?

A question that has been plaguing car owners since the invention of the automobile is when to repair the car you own and when to get a new car. It isn’t an easy question to answer, but a recent article from the Christian Science Monitor attempted to shed some light on the subject.

Some people would argue that you could keep repairing a car over and over again until the wheels fall off and could still save money over buying a new car. Those people are wrong, and even if you could find a way to save some money with numerous repairs, all you are doing is delaying the inevitable. By the time you finally trade in, the car you are trading in won’t be worth nearly as much, and you will have sunk hundreds or thousands of dollars into a car that doesn’t properly run.

Christian Science Monitor also points out that having an unreliable car could cause other problems. What if your car breaks down on the way to work? Can you get to work by public transit until you are able to get a new car? There is a good reason why car ownership has been strongly tied to employment status. Car owners don’t have to rely on public transit, so they have more employment options available to them, and they are more likely to be reliable and prompt.

Are you done sinking money into an unreliable car? Approved Loan Store can help you with your trade-in and new car purchase! Whether if you have good credit, bad credit, or no credit, we will work hard to get you a great new car at terms you can afford! Get started by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

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Kia Teases Sporty Concept Before Chicago Auto Show

In the last few years, Kia has been making a concerted effort to appeal to a wider range of drivers. Besides vehicle value, they want to offer minivans, crossovers, and fuel-efficient compacts as well. Next month at the Chicago Auto Show, Kia will be unveiling its latest endeavor into luxury with their concept car, the Kia Cross GT.

Kia just released a teaser of the Cross GT which will premiere at the Chicago Auto Show February 7th thru 18th, and car enthusiasts are starting to see what Kia meant by “tiger nose.” Its copper-toned color, sleek build, and narrow headlights remind one of a vicious tiger. Kia has never looked so good.

Unfortunately, this picture is all that has been revealed about the Cross GT. Kia hasn’t released any more specs or details yet. Besides that, it isn’t known if the Cross GT will move past being a concept car and whether it will be available for sale in the next year or so. Still, this teaser does exactly what it is meant to do, and our interest is piqued. We will be looking forward to seeing more of the Kia Cross GT next month and hope the rest of the car lives up to the anticipation.

Are you looking to get into a new or used car? Approved Loan Store can help! Good credit, bad credit, no credit, luxury or minivan, we will work to get you into the car you want at terms you can afford! Get started by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube!

New Car Financing: Winter Deals Available on New and Used Convertibles

As cabin fever sets in, drivers are itching for spring and the freedom of the open road. For many drivers, the perfect car for a joy ride is a convertible, and now during the winter months, dealerships want to give car shoppers an incentive to spring for their dream convertible.

In a recent interview for Philly.com, Kerry Pacifico of Pacifico Ford in Philadelphia encouraged drivers shopping for a new convertible to buy now. He claims that buyers will get a better deal if they just order the car instead of purchasing it off the showroom floor since they avoid floor-plan expense. Besides that, there is less demand for convertibles in winter time, and dealerships will be more willing to strike a deal.

If a convertible seems out of your reach, here is a rundown of some of the more affordable convertibles on the market right now.

2013 Chrysler 200 Convertible – Starting at $27,100
Estimated MPG: 18 city, 29 highway
Standard Features: Air Conditioning with Automatic Temperature, Leather-Wrapped Steering Wheel, 6-Speed Automatic Transmission, SiriusXM Satellite Radio, Anti-Lock 4-Wheel Disc Brakes, and more.

2014 Ford Mustang V6 Convertible – Starting at $26,995
Estimated MPG: 19 city, 29 highway
Standard Features: Leather-Wrapped Steering Wheel, MyKey, Auxiliary Audio Input Jack, Cloth Front Bucket Seats, Stainless Steel Dual Exhaust, and more.

2013 Mazda MX-5 Miata – Starting at $22,424
Standard Features: Black Z-Fold Vinyl Soft Top, 16-Inch Aluminum-Alloy Wheels, 5-Speed with Short-Throw Shifter, 6-Way Adjustable Driver’s Seat, 4-Way Adjustable Passenger Seat, Leather-Wrapped Steering Wheel, SiriusXM Satellite Radio, and more.

Are you ready to get into a new or used convertible today? Approved Loan Store wants to help you! Good credit, bad credit, no credit, we will work hard to get you the car you want at terms you can afford! Get started today by filling out our secure online auto loan application here, and for more auto news and buying tips, like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on Twitter!

Image courtesy of M – Pics / FreeDigitalPhotos.net