Memorial Day weekend historically comes with some of the best new car deals, and 2020 is shaping up to be an even better deal for consumers. As dealers try to dump inventory piled up from the coronavirus pandemic and automakers usher in 2021 models to kick off the summer sales …
Read More »Allstate and other auto insurers giving money back to drivers
Allstate plans to return $ 600 million to auto insurance policyholders over the next two months due to the coronavirus pandemic. “This crisis is pervasive,” Tom Wilson, President and CEO of Allstate, said in a statement on Monday. “Given an unprecedented decline in driving, customers will receive a Shelter-in-Place Payback …
Read More »Keep your money, but give us your business
Automaker captives and banks are reaching out to customers impacted by the coronavirus, offering payment deferral that could generate some otherwise lagging traffic at dealerships. Historically, financial assistance breeds consumer loyalty — but will it be enough to move metal? Playing a long game that prizes loyalty over short-term losses …
Read More »How to pay off a car early and save money
Think what you might do with no auto payments in your budget. Take more vacations, enjoy more evenings out or build up a savings pot for the future, perhaps. Whatever it is, pay off your car early and not only is that debt behind you, but you may have made …
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