How To Buy A New Car After Bankruptcy
Wed, Oct 2009 11:06
| Bankruptcy, Online Car Buying, AutoBidsOnline.com, Auto Buying Tips, financing options
| Permalink
I met with a prominent bankruptcy attorney today to discuss ways AutoBids can assist his clients with purchasing a car after filing Chapter 7 or 13 BK."Believe it or not, most of my clients are more worried about losing their car than losing their home," says Rustin Polk, president and founder of 214Bankruptcy.com. “They are typically looking for a vehicle of a certain category – an SUV for
Comments
Toyota In Trouble?
Tue, Jul 2009 07:39
| Current Market, Bankruptcy, OEM
| Permalink
Great stuff from Dr. Mike Smitka at AutosAndEconomics: http://autosandeconomics.blogspot.com/2009/07/toyota-and-general-motors.html. A great read full of compelling original thought. Well done Dr. Mike.
Some Possible Protection for Terminated Dealers
Thu, Jul 2009 07:00
| Current Market, Bankruptcy, OEM, Dealer Terminations, New Car
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This of note from Automotive News. One thing most people do not understand, dealers are the manufacturer's (OEM's) ONLY customers. OEM's by law cannot sell directly to consumers and all dealers pay the SAME amount to purchase a vehicle from their OEM. Tell me how the reduction of dealers is making Chrysler or GM any additional profit?Those who contend dealers are a cost center for the OEM's fail