Auto Sub-Prime Lenders Tighten Credit

During the past 4 months, Lenders have tightened so much it Cut off Circulation to the Auto Dealers! Dealer after dealer are closing their doors all across the country because sales have Dropped off a Cliff.  Many remaining are in Financial trouble. Lenders have started experiencing a ton of losses causing them to stop lending.  When we asked some dealers out there, they said that in this environment they are unable to get customers approved. …

Obamacare Killed Used Auto Tax Season!

USED AUTO SALES FELL OFF A CLIFF!   Millions of Americans DID NOT receive Tax Refund Checks in 2016 because they did not have Health Insurance.  This has been a Devastating Blow to the Used Auto Market and to the US Economy.  Refund Tax Season which Used Auto Dealers like to Joke is “Our Christmas Season” lasted 2 months in 2015, however; it was a short 3 weeks in 2016 and then an immediate drop…