The Wall Street Journal is reporting this morning that CARS was a complete bust costing taxpayers as much as $24k per vehicle sold. They site an Edmunds.com study indicating that only 125k out of the 690k cars sold in the program actually added to SAAR. The rest would have sold anyway. I don't know about you, but I could use my share of $24k as year end taxes and the holiday shopping season

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

We need your help! Tell us about your recent new car buying activity at: www.autobidsonline.com/buyer_survey.html It is only 11 questions and will take just a few minutes. We'll also make it worth you while by giving away a $250 gift card in a random drawing of all completed surveys on November 11th.As always, I appreciate everyone's input!

On the heels of winning the COY award in 2009 with the Forester, Subaru takes top honors again this year with the Outback. This is the first time the OEM has won the award two years in a row.Starting at $23k, the Outback packs a 256hp punch with its 3.6L Boxer engine yet still maintains high levels of fuel efficiency, value and a roomy interior.Read more from our friends at AutoRemarketingToday:

Barney The Pimp and some so-called consumer protection groups are calling for yet another layer of bureaucracy to "oversee" dealer assisted financing on new and used car loans.Just what we need - more bureaupunks, creating yet another layer of bureaucracy. If this passes, we'll be blessed with one more inefficient, unaccountable waste of our tax payer dollars – all in the name of “protecting” the

Thrilled to have industry veteran Shannon McCaig on board as AutoBidsOnline.com's new Chief Operating Officer. Here's the announcement in AutoRemarketingToday: http://www.autoremarketing.com/ar/news/story.html?id=10179

Our friends at Black Book are starting to see some softening in the red hot pre-owned truck market. They are not sounding the alarm just yet but today voiced concern that a slowdown may be on the horizon.This is important as Black Book has editors strategically placed throughout the country. Each monitors wholesale vehicle auctions and update values in 14 truck and 10 car segments daily. Each day

The Coconut Telegraph has been rumbling about this for a week or so, but Chrysler’s announcement today they are re-entering leasing borders on the sublime. Just 13 months after they led the mass exodus from consumer vehicle leasing, they announced today leases are again available on all 2010 Chrysler, Dodge and Jeep vehicles. Our friends at AutoRemarketingToday have the complete story at:

If you are a Honda Dealer in the Houston Metro area, please consider the following. This prospect has paid $19.99 to submit their bid so they are serious about buying today! Contact me at jcook@autobidsonline.com if you are interested.2010 Honda Odyssey 4dr Wgn Touring w/RES |||amp; NaviExterior Color : not specified / Interior Color : not specifiedOptions( TAFFETA WHITE, STANDARD PAINT, IVORY, SEAT

Now may be one of the best times ever to make a killer deal on a new truck or SUV. CARS has had a tremendous impact on US auto sales and one of the byproducts is a growing supply of trucks and SUV's sitting on dealer lots.How To Make A Great Deal On A New ¾ Ton Truck