2011 Chevy Equinox 2.4l I4 Cruise Ctrl Alloy Wheels 12k Texas Direct Auto on 2040-cars
Stafford, Texas, United States
For Sale By:Dealer
Engine:2.4L 2384CC 145Cu. In. l4 GAS DOHC Naturally Aspirated
Body Type:Sport Utility
Transmission:Automatic
Fuel Type:GAS
Year: 2011
Warranty: Vehicle has an existing warranty
Make: Chevrolet
Model: Equinox
Power Options: Power Windows, Power Locks, Cruise Control
Trim: LS Sport Utility 4-Door
Number Of Doors: 4
Drive Type: FWD
CALL NOW: 832-310-2228
Mileage: 12,731
Inspection: Vehicle has been inspected
Sub Model: WE FINANCE!!
Seller Rating: 5 STAR *****
Exterior Color: Silver
Interior Color: Gray
Number of Cylinders: 4
Chevrolet Equinox for Sale
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Auto Services in Texas
Zepco ★★★★★
Z Max Auto ★★★★★
Young`s Trailer Sales ★★★★★
Woodys Auto Repair ★★★★★
Window Magic ★★★★★
Wichita Alignment & Brake ★★★★★
Auto blog
Subprime financing on the rise in new car sales, leasing too
Fri, 07 Dec 2012We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.
GM won't pay owners of recalled cars for lost value
Thu, 12 Jun 2014Kenneth Feinberg, the man in charge of the General Motors compensation fund dealing with the its widespread ignition switch woes, has issued an informal, two-letter response to the plaintiffs in more than 70 lawsuits seeking redress for lost resale value of their Cobalts: "No." The cases were recently combined into one, but Feinberg told The Detroit News that the fund will deal "only with death and physical injury claims," and that "perceived diminished value" will get no consideration.
ALG, the firm specializing in establishing residual values, determined that Cobalt owners had lost $300 compared to the segment competition and doesn't envision any long-term effects from the recall situation. Feinberg's statement comes in advance of public details on how the compensation fund will work and adheres to GM's long-held position on the matter. The company has already asked a judge to throw out such suits using the pre-bankruptcy defense, even as it stopped using that defense in cases of injury and death.
With plenty of potential gain from the GM suit, however, don't expect the plaintiffs to give up yet. When Toyota was sued for the same reason during the unintended acceleration debacle, it eventually settled the case for between $1 billion and $1.4 billion just to get it over with. Since the 85 law firms involved in the Toyota litigation took home more than $250 million of that total, we shouldn't expect the attorneys to give up on a GM payout, either.
Survey says $25k barrier is a problem for EVs
Sun, 01 Dec 2013
The majority of consumers are more or less priced out of the market.
Electric cars are gaining popularity with the general public, but are they still too expensive? According to a survey 1,084 consumers by Navigant Research, a consulting firm located in Boulder, CO, 71 percent want their next car to cost under $25,000, while 41 percent won't go a cent above $20K. Looks like people are even thriftier than we'd originally thought.
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