Tag Archives: compact car

October: Honda Civic Outsells the Competition

2013 Honda Civic CoupeIn 2012, the Ford Focus beat out the Toyota Corolla for the distinction of the world’s best-selling car. As numbers from October are released, however, another challenger has emerged and beat out the Focus for the month.

The Honda Civic sold 27,328 units in the United States in October, beating out the Toyota Corolla, Chevrolet Cruze, Ford Focus, and Hyundai Elantra. Last year, the Toyota Corolla won the month of October with 20,949 units sold, followed by the Honda Civic, Chevrolet Cruze, Ford Focus, and Hyundai Elantra. The Honda Civic is also leading compact sales for 2013 so far with 280,889 units sold.

Interestingly enough, the Ford Focus was the world’s top seller of 2012, and currently it is in fourth place for U.S. year-to-date sales with 203,762 units sold, trailing the Civic by 77,127 units. The Focus didn’t even beat its previous year’s U.S. sales numbers. In 2012, the Ford Focus sold 18,320 units, and in 2013, it only sold 15,108 units.

At the time of publication, the starting MSRP for the 2014 Ford Focus is $16,310, and the starting MSRP for the 2013 Honda Civic Coupe is $17,965.

Readers, we want to hear from you! Which compact car do you think deserves to be the world’s best-seller? What about America’s best-seller? Leave a comment below, and let us know what you think!

Whether if you’re trading in, looking for a good deal on a used car, or ready to buy your first car, Approved Loan Store is here 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 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!

J.D. Power and Associates: The World’s Happiest Car

ID-10041991American consumers want the best of everything, especially when it comes to their cars. They walk into car dealerships with mountains of research on which car is the most fuel-efficient, the most powerful, the best car for a growing family, and so on and so forth. Interestingly enough, though, a new study from J.D. Power and Associates did not rank popular vehicles by these typical factors but rather looked at which car brand has the happiest owners.

The results of the study were based on 77 attributes. Each vehicle and brand was assigned a numerical score and then ranked on overall brand, best city car, best compact, best midsize premium, and so on. The industry as a whole came in with a score of 795, not much lower than the top-scoring brand which was the Porsche.

American brands performed fairly well in the survey with the Chevrolet Sonic winning Best Sub-Compact, Chevrolet Volt winning Best Compact, Ford Mustang winning Best Midsize Sporty Car, and Dodge Charger winning Best Large Car. Ford and Chevrolet also managed to make it into the top 5 car brands, and Chrysler and GMC made it into the top 10.

Which car makes you the happiest? Approved Loan Store wants to help you get into a car that you will love at terms you can afford, even if you have challenged credit! 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

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!

Image courtesy of renjith krishnan / FreeDigitalPhotos.net

Compact Cars: Trading Down is Trading Up

A recent study released by J.D. Power and Associates had some interesting findings about car trade-ins and how people view a vehicle downsize as a trade up.

According to the study, more than a quarter of drivers trading in their car opted to go for a smaller vehicle while only 13 percent chose to go with a larger car. Compact cars aren’t only getting love from trade-in drivers, though. Across the board, more people are buying compact cars this summer.

Why is there such an interest in smaller cars? Well, compact cars today offer great features that at one time were only available in larger vehicles. Getting a compact car no longer means sacrificing comfort or new car technology. Cars like the Dodge Dart have digital dashboard displays, customizable interiors, and other high-demand add-ons like the wireless iPhone charger. To make the deal sweeter, compact cars tend to get better fuel economy than their larger counterparts, making it a greater value in the long run.

No matter what kind of car you are looking for, from compact cars to pick-up trucks, Approved Loan Store wants to help you! Good credit, bad credit, no credit, we work to get the best rates possible for our customers. Fill out our secure online auto loan application here, and keep up with the latest auto news by liking Approved Loan Store on Facebook, following Approved Loan Store on Twitter, and subscribing to Approved Loan Store on YouTube!

Image: FreeDigitalPhotos.net