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12-30-2008, 10:16 AM
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#1 | |
         Drives: . Join Date: Jun 2008
Location: .
Posts: 3,048
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GMAC Resumes Car Loans To Customers With Lower Credit
good news (i guess?)
http://jalopnik.com/5120503/gmac-res...rappier-credit Quote:
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12-30-2008, 10:49 AM
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#2 |
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Senior Member
Drives: 2010 SS/RS, '06 350Z Join Date: Oct 2008
Location: So. Maryland
Posts: 2,326
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It may not do anything for the guy with the 621 score, but at least it will allow GMAC to compete with banks. Yeah, good news.
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2SS/RS - Black/Black - CGM Rally Stripes - Auto - VIN 10171
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12-30-2008, 11:46 AM
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#3 |
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FASTER!
Drives: Challenger Hellcat, 2SS Camaro Join Date: Apr 2008
Location: Middle Tennessee
Posts: 2,244
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I guess they gotta sell cars to stay in business, and I guess people need loans to buy cars but.....
<rant> Don't buy something you can't afford. That's the problem with this country. Look, Bob next door got a new car, we gotta have one too! Never mind we can't make the interest payments on our credit cards as it is! </rant> |
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12-30-2008, 11:55 AM
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#4 |
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Drives: 2007 Z06 Join Date: Oct 2008
Location: Swansea IL
Posts: 727
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As part owner of GM and now GMAC (read US Tax Payer) I feel we should be given something in return, how about ZERO PERCENT financing??
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12-30-2008, 02:15 PM
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#5 | |
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:chevy:
Drives: 2LT/RS Join Date: Jun 2008
Location: Toronto
Posts: 13,035
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Quote:
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12-30-2008, 02:36 PM
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#6 | |
 
Drives: X-15 Velocipede Join Date: Mar 2008
Location: SW Florida
Posts: 4,630
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GM, GMAC ease lending rules to entice car buyers
Here ya go!
Quote:
__________________
Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge
General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer STANDARD DISCLAIMER camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever, whether express, implied, or statutory, including, but not limited to, any warranty of merchantability or fitness for a particular purpose or any warranty that the contents of the information will be error-free. |
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12-30-2008, 02:39 PM
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#7 | |
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FASTER!
Drives: Challenger Hellcat, 2SS Camaro Join Date: Apr 2008
Location: Middle Tennessee
Posts: 2,244
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Quote:
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12-30-2008, 02:41 PM
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#8 | |
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LVL 50 Troll Stomper
Drives: 2010 Camaro Join Date: Feb 2008
Location: Indianapolis
Posts: 3,463
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Quote:
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12-30-2008, 02:58 PM
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#9 | |
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Moving up in the world...
Drives: 2009 Cadillac CTS, 2010 Camaro Join Date: Nov 2008
Location: SoCal
Posts: 199
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Quote:
But our Camaro will be a 2010. This is only good if we need a GM product right now. :( |
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12-30-2008, 03:28 PM
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#10 |
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Thin Blue Line
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GMAC loosens credit to make vehicles easier to buy
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One of the "Few Blue"
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12-30-2008, 03:29 PM
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#11 |
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Blessed
Drives: 2013 Sonic RS MT Join Date: Dec 2007
Location: Saint Augustine FL
Posts: 28,441
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Merged.
__________________
Click image to see build thread. PQ - "the love of cars. It's a boys first step toward manhood and a mans last hold on boyhood." Fbodfather - "We do not want to use the Z28 moniker on a car that does not deserve this hallowed name." The_Blur - "Let's not confuse competitors with equals." |
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12-30-2008, 03:35 PM
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#12 | |
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Drives: X-15 Velocipede Join Date: Mar 2008
Location: SW Florida
Posts: 4,630
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Quote:
The real news is GMAC can resume making loans at a reasonable rate, rather than GM dying because they cannot finance their own cars. For example, now I've got the itch to go buy a G8 GT TODAY, again. 
__________________
Go from the presence of a foolish man, when thou perceivest not in him the lips of knowledge
General Motors ASEP, A.S. Automotive Technology, Telecommunications Specialist, CISCO Network Engineer STANDARD DISCLAIMER camaro5 is furnishing this information "as is". camaro5 does not provide any warranty of the information whatsoever, whether express, implied, or statutory, including, but not limited to, any warranty of merchantability or fitness for a particular purpose or any warranty that the contents of the information will be error-free. |
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12-30-2008, 03:53 PM
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#13 |
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COTW: 12/13/10
Drives: 1969 Camaro Join Date: Feb 2008
Location: Orange County, CA
Posts: 7,880
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I dont know much about money and I may sound retarded lol, but does that mean they are offering leasing again?
__________________
 "Are you one of those boys who prefer cars to women? - I'm one of those boys that appreciates a fine body, regardless of the make." 1969 CAMARO JOURNAL: http://www.camaro5.com/forums/showthread.php?t=341239 | FACEBOOK: http://www.facebook.com/taylor.ryan.apt | GRAPHIC DESIGN: www.aptdesigns.net |
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12-30-2008, 03:59 PM
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#14 |
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Camaro SL,UTs
Drives: 2010 Camaro SS/RS #16429 Join Date: Sep 2006
Location: South Jordan, UT
Posts: 7,357
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yeah but the 0% APR is only for Envoy, Trailblazer and a couple POS SAABS!
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