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Q3 Loan Originations Climb at Both Chase and Wells

Both Chase and Wells Fargo enjoyed positive developments in connection with their third-quarter auto loan origination volume performances. Starting with Chase, the company indicated its Q3 originations totaled $6.3 billion, a figure 7-percent higher year-over-year and 9-percent higher quarter-over-quarter. The growth left Chase’s average auto loan amount as of the third quarter at $48.4 billion, … Continue reading

New Car Prices SOAR!

The good news is, car sales are soaring. Most automakers have already released figures for September, leaving analysts’ expectations in the dust. The bad news is, that means demand for cars is high. And when demand is high, so are car prices, making good deals hard to find. Transaction prices are up Read more: http://www.foxnews.com/leisure/2012/10/03/car-prices-soar-incentives-plummet/?intcmp=features#ixzz28HB6yQeC