Blog > Recent Articles In RoadLoans News

Scion, Honda most fuel-efficient cars for 2013
If driving a more fuel-efficient vehicle is among your New Year’s resolutions – and money is no object – plenty of options are available for 2013. Zachary Shahan at CleanTechnica.com offers the “10 Most Fuel Efficient Cars” for the new year, “all electric, of course,” ranked by a combination of truly impressive city MPG and highway MPG that represent a tech-tonic shift in automobile mileage for the new millennium. Based on the EPA’s just-released fuel economy guide, the Scion iQ EV is the most fuel-efficient vehicle with a combined, ultra-stingy 121 Miles Per Gallon of gasoline, 138 MPG city and… Read More

New-car drivers fueling drop in gas consumption, pollution
  American drivers finally have had enough of gas-guzzling vehicles, it seems, based on evidence collected over the last five years. That also has fueled a significant decline in greenhouse gases – pollution. New vehicle models purchased last month – including all new cars, SUVs and light trucks – got 24.1 miles per gallon on average, The Washington Post’s “WonkBlog” reported Dec. 5. That compares with an average of just over 20 miles a gallon for new vehicles in fall of 2007. “New cars bought in the fall of 2012 are using about 15 percent less fuel per mile than cars… Read More

Best 2013 cars for Christmas under $25,000
Automobile makers have some Christmas fun each year posing their new vehicles with bows and ribbons, surrounded by snow, skiers, sleighs, happy families or other holiday trappings, in advertisements and TV commercials. Often the featured vehicles are among the priciest – luxury model or manufacturer. Of course, the goal is to entice Santa to make a big impression by putting one under the Christmas tree –or at least in the driveway – for the family to discover in the morning to their obvious delight. As exciting and impractical as that might seem, autobytel, automotive website, has offered its “10 Best… Read More

Sovereign-Santander presents $150,000 check to American Red Cross for Hurricane Sandy relief efforts
PHILADELPHIA (PR Newswire) - Sovereign Bank, a wholly-owned subsidiary of Banco Santander, presented a $150,000 check to the American Red Cross for Hurricane Sandy relief efforts.  As the official bank of the Philadelphia Eagles, Sovereign-Santander presented the check at the Eagles' home game Dec. 13 against the Cincinnati Bengals of which Sovereign-Santander was the presenting sponsor. Jorge Moran, President and CEO of Sovereign Bank and Santander US Country head, presented the $150,000 check to the American Red Cross during the game. Accepting the donation was Judge Renee Cardwell Hughes, CEO of the Southeastern Pennsylvania American Red Cross. This donation adds to… Read More

What is the best-selling vehicle in U.S.?
The best-selling vehicle in the U.S. in November – all year, in fact – wasn’t a car. It was a pickup truck. With more than 56,000 purchased during the month, the Ford F-Series pickup topped the list of best-selling vehicles, according to figures compiled by the WSJ.com Market Data Center. The F-Series also leads year-to-date sales with nearly 580,000 vehicles driven off dealers’ lots in 2012. Though far behind the Ford F-Series, other top sellers in November – and their year-to-date sales – were Chevrolet Silverado pickup (30,674 and 367,613), the Honda Civic (30,075 and 284,791) and the Toyota Camry… Read More

eBay Motors Selects RoadLoans as its Online Lender
This just in ... eBay Motors, the largest online marketplace for buying and selling all things automotive, has announced RoadLoans as its preferred online lender for providing financing options for shoppers. Visitors to the eBay Motors website will now be able to apply for auto financing through RoadLoans. See below for the official release.       eBay Motors offers customers greater purchase flexibility with the introduction of auto financing from RoadLoans eBay Motors, the largest online marketplace for buying and selling all things automotive, is now providing financing options for shoppers through leading online auto lender RoadLoans. The new offering, pairing… Read More

‘Sandy’ an ill wind for used-car market
Hurricane Sandy might not be done wreaking havoc on the U.S. Next up: The used-car market, expected to suffer from the storm months after the fact. Analysts expect tens of thousands of cars to be scrapped because of storm damage, mainly flooding, saying the result is likely to be higher prices at used automobile lots nationally. Making matters worse, an estimated 16,000 new cars were destroyed in the New York area – but that figure doesn’t include losses by the “two biggest automakers by U.S. sales, General Motors Co. and Ford Motor Co.,” which haven’t given estimates yet on the… Read More

The 10 coolest rides under $18,000: Kelley Blue Book
Cool is in the eye of the beholder. But auto industry experts at Kelley Blue Book: The Trusted Resource took a crack at the 10 coolest cars of 2012-2013 in a list published on the KBB website. Ten different manufacturers are represented on the list, more than half of which can claim an option of 40 mpg or greater. So, besides the low sticker price, they give drivers a break at the gas pump. “Whether you’re looking to express yourself through sheet metal, maximize your in-car connectivity or (re)discover the joy of driving, your entry-level options have never been better,”… Read More

Hurricane Sandy stalls October auto sales
Superstorm Sandy put a crimp in what otherwise was a good sales month for U.S. automakers – as could have been expected – just as it affected most all other normal end-of-the-month activities along the East Coast and Great Lakes region. But that doesn’t mean the month was a total disaster as light-vehicle sales still rose 7 percent nationwide, according to the U.S. Sales Report distributed by Automotive News. "October was another great sales month, even if was slowed at the end by Hurricane Sandy," said Jesse Toprak, TrueCar.com Vice President. The October figure of 1.1 million in auto sales… Read More

Getting a firm grip on the future at Santander Consumer USA
Who’s behind the wheel? Young car buyers, apparently. And the rest of us better be ready to ride along. That was the point of a recent column, “Young consumers lead the drive to online financing,” by Jim Henry in Automotive News, autonews@crain.com. “More consumers are submitting their own credit applications online rather than letting dealership F&I [Finance and Insurance] manager do it for them, auto lenders and industry observers say,” according to Henry’s column. Nearly everywhere you look, retailers from clothing to cars, tell us that Generation Y is in the driver’s seat for new trends, buying power and the… Read More