Ally Bank is rolling out it’s new Buyer’s Choice loan program in five of the most populous states in the United States. The program is actually a pretty ingenious idea: the plan is that in four years, customers who have a buyer’s choice loan will be able to sell the vehicle back to the bank for at least the rest of whatever the customer owes on the car. While this may not be auto transport related, the fact that customers are able to sell their vehicles back to the bank and get a loan off their chest is a great incentive to get new customers. This is a brilliant idea. I for one hope that this works, because i would love to be able to do something like this with my car loan.
Archive for October 25, 2011
Dodge Caravan, Avenger to be Discontinued
In an effort to save money and cut down on similar vehicles from different brands being sold at the dealerships. Auto transport companies that ship from dealerships have noticed a decrease in certain vehicles that are sold alongside their counterparts, so this may be a good thing for the embattled automotive manufacturer. The Dodge Caravan and the Dodge Avenger will both be discontinued, with a new mid-size crossover coming in early 2013.