GM Offering Dealers $250 For Every Customer They Don't Send To GMAC

Automotive News » 10/17/08 3:00pm 10/17/08 3:00pm reports that GM is offering dealers up to $250 in bonus money for every loan they sell to a lender other than GMAC. This latest move follows Monday's report on , and "is an encouragement for dealerships to seek out other sources of funding," says Mike Mullaney of Hudson Pontiac-Buick-GMC in…

Rules of the Road: How Not to Get Dehorsed When Buying a Car

The purchase of an automobile is one of the major financial decisions you'll make in your life. And if you're a reader of this site, it's probably one of the major decisions you make in your life, period. Unfortunately, unscrupulous car dealers are waiting to prey on ambitious consumers. The most insidious way this… » 11/23/07 3:00pm 11/23/07 3:00pm