Blog > Recent Articles In RoadLoans News

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

What a concept: A new Honda sports car for 2014
Almost a year after the Tokyo Motor Show that introduced the Honda Small Sports EV concept car, details have emerged on a virtual look-alike, gas powered sports car expected to go on sale in Japan in 2014. And it’s Honda that has broken the ice. Honda CEO Takanobu Ito has confirmed “development of a new open-top sports car,” writes Viknesh Vijayenthiran of High Gear Media in an article titled “Honda working on new convertible sports car” at FoxNews.com. The new model “will have a focus on ‘strong vehicle dynamics,’” Vijayenthiran writes, quoting Ito from a speech addressing his company’s future… Read More

Putting a charge into electric car technology
Tesla Motors put a supercharge into the news media coverage of electric cars this week when the company’s co-founder announced that it had set up six solar-powered “supercharger” stations in California with plans to expand nationwide in 3-5 years. Within hours of the announcement the media was abuzz with coverage by every outlet from Christian Science Monitor to NBC News, Bloomberg Businessweek and PC Week. The Tesla Model S is the only vehicle right now that can take advantage of the proprietary technology involved, and it costs more than most car buyers will want to or can spend – starting… Read More

Average fuel economy increases for new cars, TrueCar reports
TrueCar.com’s latest report on average fuel economy for new cars sold provides some otherwise hard-to-find good news in higher gasoline prices, which were running near their peak average nationally on Sept. 11. Fuel economy increased to 23.2 mpg in August “after four months of decline,” according to TrueCar. That “TrueMPG” represents an increase from 23.1 mpg in July and 21.7 mpg in August 2011. “Just four years ago, in August 2008, TruMPG was 20.3 mpg,” reported TrueCar.com. TrueCar describes itself as the authority on new car pricing information, trends and forecasting. "Relatively higher gas prices and attractive incentives helped improve… Read More

Auto sales showing real, continuing strength
New vehicle sales are putting some real muscle into the still-stumbling economy, led not by muscle cars, but by small cars and big trucks. The strong August sales figures for new vehicles suggest that the trend won’t change any time soon as some industry experts expect growth to continue into 2017. “Roughly 12.4 million new vehicles will be driven off dealer lots this year, according to the IBISWorld report,” says a story that appeared in the Los Angeles Times online Sept. 5, the day after automakers reported their August sales figures. Those results showed double-digit sales at all five major… Read More