Tag Archives: testimonial

Social Media: Major Tool for Comparison Car Buying

A new study from Digital Air Strike shows that car buyers are using social media and online car review sites before even walking into a dealership.

The study looked at 2,000 car buyers and how they researched cars and dealerships before deciding where to buy a car. Approximately one out of four stated that online review sites are helpful, and an overwhelming 81 percent stated that they look at review scores. Many of the usual car-buying websites were mentioned in the study, but surprisingly, the survey showed that car buyers are researching dealerships on Facebook, the popular social networking website.

Every car buyer ultimately wants the same thing. They want to buy the car the car they want at the best possible price, and they don’t want to get stuck with high interest rates. Most of all, they want the smoothest, easiest car buying process possible that utilizes today’s technology. Approved Loan Store has it all. Simply fill out the secure online auto loan application here, and a representative will contact you between 24 and 48 hours to schedule an appointment at the closest Approved Loan Store location. At the appointment, the special finance representative will work to get you the car and loan, all in one convenient location.

Ready to get started today? Go to ApprovedLoanStore.com to fill out the application, read our blog, and check out real customer testimonials. Also, be sure to connect with Approved Loan Store on Facebook, Twitter, and YouTube.

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Higher Average APR, Loan Payments for New York Auto Loans

Car buyers in the New York City area should be more careful when searching for an auto loan. A new study shows they could be paying higher interest rates and loan payments than car buyers in other parts of the country.

According to Manilla.com, a personal finance/bill payment website, New York City is third in the country for highest average auto loan balances, fifth in the country for average loan payments, and fifth in the country for average loan APR. These statistics aren’t especially encouraging for car buyers in the New York City area, especially those who have no credit or poor credit and might need some flexibility with their auto loan terms.

This is exactly why Approved Loan Store exists. We help our customers find a car they want at terms they can afford, even if they have poor credit or no credit! Hundreds of people have discovered the Approved Loan Store difference and the easy 3-step process.

Step 1: Fill out our secure online auto loan application here. You will hear back in 24 to 48 hours!

Step 2: Set up at appointment at an Approved Loan Store location nearest to you.

Step 3: Meet with a Special Finance Representative, work out the loan terms, and drive off with a new or used car as early as that day!

Go to http://www.approvedloanstore.com to learn more, 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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Low Interest Rates, Longer Loans Drive Auto Sales in 2013

2012 was an amazing year for the auto industry. Sales were so strong in 2012 that it would be completely understandable if the industry saw a slight dip in the beginning of 2013. To combat any drop off in sales, they are offering some of the lowest interest rates in years and longer loan lengths for more affordable monthly payments.

A review of banks and credit unions found that five-year new car loans had an average interest rate of 4.15 percent, and four-year used car loans had an average interest rate of 4.77 percent. Some were offering as low as 0 percent to 1.9 percent or a cash rebate depending on the model, and certain lending institutions are giving consumers more time to pay off those loans. 72-month and 84-month car loans are becoming more common place, and with the lower interest rates, consumers can take those longer auto loans without feeling like they’re paying too much in interest.

At Approved Loan Store, we want to help you take advantage of great interest rates and flexible loan terms. Whether if you have good credit, bad credit, or no credit, we will explore every option to get you the best possible terms on a car you want. Click here to see testimonials from real Approved Loan Store customers.

Are you ready to get into that new car? 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 on YouTube.

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New Car Financing: Ferrari F12 Berlinetta Auction Raises $1.125 million

In a follow up to a story last week, Ferrari auctioned off the very first Ferrari F12 Berlinetta sold in the United States at the Formula 1 U.S. Grand Prix last weekend.

The auction, which was hosted at the U.S. Grand Prix in Austin, Texas, raised money for the American Red Cross, specifically Hurricane Sandy relief efforts. Larry Roth of Long Island, New York was the winning bidder and paid $1.125 million for the F12. Once the F12 Berlinetta officially goes on sale, it will start at the low $300,000s. Ferrari also raised an additional $345,000 in donations for the American Red Cross thanks to the generosity of dealerships and Ferrari enthusiasts.

As great as that is, I would love to see individual donors like our readers boost those donations. This storm hit close to home for us. We have dealerships throughout the New York and New Jersey area, and it hurts us to see our friends and neighbors still struggling, particularly as the weather gets colder. In our original story, we provided a link to Ferrari’s page on the American Red Cross website, and we’re linking it again here. Please donate to the American Red Cross if you can, even if it isn’t much. Every bit helps.

Looking for more auto news? Check out Approved Loan Store on Facebook, Twitter, and YouTube! Looking for a new or used car but running into credit problems? Approved Loan Store can help! Fill out our secure online auto loan application here, and read our customer testimonials here!

September: U.S. Auto Industry Holds Strong Despite Japanese Comeback

2012 continues to be a strong year for the U.S. auto industry with September once again posting great sales numbers.

According to the Daily Beast, analysts expected that U.S. auto sales would hit an annualized pace of 14.5 million in September, but they exceeded that with 14.87 million. Chrysler saw a sales increase of 12 percent compared to September 2011, and Jeep saw a 10 percent increase. Also, fuel-efficient vehicles continued to perform solidly, and U.S. brands held their ground even as Japanese brands Toyota and Honda made a comeback.

How is the U.S. auto industry maintaining this pace? One of the biggest factors is that car shoppers with damaged credit are still getting approved for auto loans. In 2012 so far, 1 in 4 auto loans have been subprime loans, and the average amount financed for auto loans overall has increased while monthly payments have barely changed. Those are great conditions for buying a new or used car, even for consumers who thought they couldn’t afford a car or get approved for an auto loan.

At Approved Loan Store, we love getting our customers into great new or used cars at terms they can afford! Good credit, bad credit, no credit, we want to help you! Check out our testimonials to see real life Approved Loan Store customers with their new cars, and if you are ready to get started, fill out our secure online auto loan application here.

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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Brooklyn Dealership to Pay Fines, Restitution for Misleading Customers

At Approved Loan Store, we strive to make the auto buying process easier and better for all of our customers, but we hear horror stories all the time about other dealerships and their deceptive practices. Many of our customers have been to other dealerships and had such a poor experience that they are reluctant to even set up an appointment with our Special Finance Representatives. This is why we get so upset when we read about dealerships (particularly local dealerships) that are taking advantage of customers and not following the law.

On Sunday, New York State Attorney General Eric Schneiderman announced that 46 consumers who purchased cars at Brooklyn’s Giuffre Hyundai, Giuffre Kia, Giuffre Mitsubishi, and Giuffre Mazda dealerships would receive $300,000 in restitutions. The dealership used fraudulent sales practices and additionally misled customers about the terms of their car sale and financing.

Sadly, most of these customers were vulnerable to these tactics. Brooklyn State Supreme Court Judge Bernard J. Graham stated that the dealership targeted “older persons, unsophisticated, or unfamiliar with English,” and the dealership sold them cars “they never intended to buy or [at] a price that was dishonestly represented to them.”

At Approved Loan Store, our goal is to get our customers into cars they want and cars they can afford. Every step of the way, we strive to give our customers a great car buying experience, and Approved Loan Store’s Special Finance Representatives make sure that the financing is clear and reasonable. Our results and the glowing testimonials we receive every day are proof that our methods work, and we are glad that dishonest dealerships are being held accountable for their actions.

Are you ready to get into a new or used car today? Fill out our secure online auto loan application here, and get the latest car news and buying advice 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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Survey: Negotiating Price, Financing Worst Part of Buying a Car

A new survey has confirmed what we over at Approved Loan Store already know: Car shoppers hate haggling over price.

The survey asked 2,000 respondents to list steps in the car buying process from the most pleasant part to the least pleasant part. They could choose from researching vehicles make and models, shopping and test-driving, arranging/negotiating financing, and negotiating the price of the car. Overwhelmingly, survey subjects chose negotiating the price of the car as the least pleasant step in the car buying process followed closely by negotiating financing.

At Approved Loan Store, we know that car buyers hate haggling over price and financing, and we are constantly striving to make the process more streamlined and better for our customers.

Step 1: Fill out our secure online auto loan application here.

Step 2: You will be contacted by an Approved Loan Store representative who will schedule an appointment with the Approved Loan Store dealership closest to you.

Step 3: Meet with an Approved Loan Store Special Finance Representative who will work with you and get the best possible price and financing options.

Our network of dealerships has helped customers all around the tri-state area get into great cars at affordable terms. Hundreds of customers have given written and video testimonials raving about their experience with Approved Loan Store, and we know that one of the reasons is because our process makes pricing and financing easier. At other dealerships, pricing and financing might be the stuff of nightmares, but with Approved Loan Store, financing a car is as simple as 1-2-3.

Want to connect with Approved Loan Store online? Like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube to get the latest auto news and updates from Approved Loan Store.

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Auto Loans and the Road Back to Good Credit

For consumers looking to re-establish a strong credit history, auto loans are becoming the best choice, even for those with especially poor credit.

The qualifications for mortgages, business loans, and credit cards have held steady with strict income and credit requirements, and consumers whose credit took a hit during the economic downturn are having a tough time getting back in good graces with lenders. As many of these applicants have been turned down for credit cards or mortgages, though, many of them have been approved for car loans.

For many consumers with poor credit, a car loan is perfect. Car ownership has been show to correlate with job security and less reliance on public assistance, and it is a purchase that most consumers want and need. Besides that, their credit score will improve as they make their car payments on time, provided they keep up with their other payment obligations of course.

This is one of the reasons why Approved Loan Store exists and why we do what we do. We want to help more people get into the car they want and need. Just take a look through our hundreds of testimonials, and you’ll see that we are the best in the business. Give Approved Loan Store a try by filling out our secure online auto loan application here. You will hear from one of our representatives in 24 – 48 hours, and they will set up an appointment with a Special Finance Representative at a dealership closest to you.

Want to know more about Approved Loan Store? Browse our website ApprovedLoanStore.com, and be sure to like Approved Loan Store on Facebook, follow Approved Loan Store on Twitter, and subscribe to Approved Loan Store on YouTube.

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June Sales Defy Commentators, Continue to Grow

All through the month of June, car news and commentary was saturated with talking heads claiming that auto sales would see a downturn this month, and the soaring sales could not continue.

Needless to say, those commentators will be eating a mighty helping of crow this week as auto makers are reporting continued growth across the board. Chrysler had a 20 percent sales increase in June, making it their best June since 2007. General Motors saw a 16 percent increase, Ford had a 7 percent increase, and Toyota had a stunning 60 percent increase, coming back from the 2011 natural disasters in Japan.

The conditions are perfect for this trend to continue as the summer weather compels people to the road for vacation, convenience for work, or an old-fashioned drive in the country. Also, interest rates are dropping with an average of 4.5 percent interest rate on a 60-month new car loan, so more consumers can afford to drive.

Have you gotten into a new or used car yet? Approved Loan Store wants to help you get into a new car this summer! Fill out our secure online auto loan application here, and keep up with the latest auto and consumer news from Approved Loan Store 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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CBS News Picks 5 Best Cars Made in America

Yesterday, CBS News MoneyWatch named their 5 best American-built cars. With so many great American cars on the market today, we were curious as to what made the cut. The list is below along with our thoughts on each of their picks.

Cadillac CTS – Winner of Popular Mechanics’ Top 10 Car, Car and Driver’s 10Best, and Edmunds.com’s Best Retained Value Award, CBS couldn’t really make the list without the Cadillac CTS. The Cadillac CTS’s latest tagline is, “If you’re going to make a statement, don’t mumble,” and with its combination of power and luxury, a driver won’t be able to blend in driving the Cadillac CTS.

Buick LaCrosse – In the past, the Buick LaCrosse has had no trouble racking up stellar reviews and awards, and 2012 is no exception. Already, it has earned five-star safety ratings from the NHTSA’s New Car Assessment Program as well as a Consumer Digest Best Buy. Kelley Blue Book reviewers also gave it a 4.5 out of 5 rating, making it popular with everyday drivers and car reviewers alike.

Ford Flex – The Ford Flex is probably the most underrated of the bunch here. It still isn’t a household name, but consumers and car reviewers who have driven it are hoping that changes soon. This cross-over is a seven-passenger family car with a completely different feel from the usual minivan or SUV.

Chrysler 300 – In 2012, the Chrysler 300 has already taken home some of the industry’s top awards. The 2012 Chrysler 300 was named one of Ward’s 10 Best Engines and Interiors as well as a Consumer Digest Best Buy. It was also ranked #1 in Kelley Blue Book’s 10 Most Comfortable Cars Under $30,000 and made Kelley Blue Book’s 10 Best Family Cars list. Like the Cadillac CTS, it would be difficult to make a list of the best American-made cars without including the Chrysler 300.

Ford Focus – Edmunds claims that the Ford Focus the first American-made compact car to really give Japanese automakers a run for their money, and though that initial success might have gone to their head, Ford has made some big changes to the Focus that have made it a must-see American-made model. Edmunds specifically cited the 2012 Focus as a “monumental improvement,” calling it a “well-rounded, well-built car that is easy to recommend.”

We want to know what you think of CBS News’ list! Did your favorite car make the cut? What do you think got snubbed? Leave a comment below and tell us what you think!

Are you looking for a great new or used car? Approved Loan Store wants to help you get into the car you want at terms you can afford! 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!