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Car Loans Credit Crisis

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Uploaded by on Jan 9, 2009

Car Loans Credit Crisis

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  • poeple need to keep this existing cars much longer,from now on

  • The banks still aren't lending, I went to look for a car and the dealer processed the loan application and I was denied because my score was not high enough and my credit is good.The dealer told me that he would give me 4k off the price if I paid in cash.

  • Things are going to crash and car manufacturers are holding on to as many assets as possible. If they lease now they may never get that vehicle back.

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