Assessing the Industry's Growth Spurt
There are a growing number of indicators, both subjective and objective, that point to an auto finance industry that is in full bloom. The amount of…See More
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Chas Roscow commented on Mike Gibb's blog post 'Assessing the Industry's Growth Spurt'
Hi Mike; this sailor has observed for 29 years the auto finance industry and I can confidently proclaim: This is precisely when the next book of bad loans goes on the books. This is a "mathematical certainty".
"When…
Assessing the Industry's Growth Spurt
There are a growing number of indicators, both subjective and objective, that point to an auto finance industry that is in full bloom. The amount of…See More
Blog post by Mike Gibb
JJ Hornblass commented on Mike Gibb's blog post 'Automotive Industry Driving Super Bowl Ad Train'
VW scored highly, in my view. Almost made me move to Wolfsburg, Germany. Almost.
Mike Gibb commented on Mike Gibb's blog post 'Automotive Industry Driving Super Bowl Ad Train'
Auto ads score big at Super Bowl: http://online.wsj.com/article/SB10001424052970203315804577205141969749270.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsThird
What was your favorite? Mine was the Chrysler ad with Clint Eastwood. That almost made me…
Cost Matters, Financing Not So Much: Study
Consumers remain very concerned about the price of their new automobile purchases, but are not worried about their ability to obtain financing, according to the results of a survey conducted by J.D. Power and Associates. The results were part of J.D. Power's annual Avoider Survey, which analyzes why people choose not to buy particular vehicles. The most popular reason that kept people from buying a particular…See More
A blog post by Mike Gibb was featured
Cost Matters, Financing Not So Much: Study
Consumers remain very concerned about the price of their new automobile purchases, but are not worried about their ability to obtain financing, according to the results of a survey conducted by J.D. Power and Associates. The results were part of J.D. Power's annual Avoider Survey, which analyzes why people choose not to buy particular vehicles. The most popular reason that kept people from buying a particular…See More
Blog post by Mike Gibb
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Assessing the Industry's Growth Spurt
Posted on February 9, 2012 at 6:30am 1 Comment 0 Likes
There are a growing number of indicators, both subjective and objective, that point to an auto finance industry that is in full bloom. The amount of…
Continue Cost Matters, Financing Not So Much: Study
Posted on February 1, 2012 at 9:30pm 0 Comments 0 Likes
Consumers remain very concerned about the price of their new automobile purchases, but are not worried about their ability to obtain financing, according to the results of a survey conducted by J.D. Power and Associates.
The results were part of J.D. Power's annual Avoider Survey, which analyzes why people choose not to buy particular vehicles.
The most popular reason that kept people from…
Continue Banking on Higher Credit Scores
Posted on January 27, 2012 at 9:00am 4 Comments 0 Likes
There has been an interesting debate online about the role that financial institutions should play in helping consumers repair their credit scores, and I thought I would weigh in.
The debate started here, with a blog post by Felix Salmon. From there,…
Continue Car Loan Debt Climbed, Credit Scores Declined in 2011
Posted on January 19, 2012 at 6:00pm 0 Comments 1 Like
What is going on in Alabama these days?
The average amount of auto loan debt held by Alabama consumers rose 30% in 2011, compared with a year earlier, according to a survey released by CreditKarma.com. The average amount of auto loan debt in 2011 in Alabama was $20,996, compared with $15,504 nationally.
The national average of auto loan debt increased 2% from December…
Continue Competitive Financing Will Be Less Important in '12: KPMG Survey
Posted on January 12, 2012 at 8:30pm 0 Comments 0 Likes
Most value-added services, including competitive financing options, will be less important to consumers in 2012 than last year, according to the results of KPMG's 13th annual auto executive survey, which was released last week.
The news isn't all bad for finance companies, though, as the financing of what KPMG calls "e-components"…
ContinueComment Wall (2 comments)
- At 4:00pm on October 15, 2009,
William E Gerhardt said… - Thanks again for your help at the show.
- At 1:39pm on September 16, 2008,
Bobby Lazenby said…
Yes call me. 702-240-6362
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