The average auto loan payment is almost $500 a month and loan delinquency is at an all time high. Many industry analysts are concerned about the long-term financial consequences of car loans people can’t afford. But if you’re struggling to make your payments, don’t blame the bank or the dealer.
Over the Christmas weekend, my girlfriend and I took a trip to Salt Lake City to ski at Snowbird for a few days. Airport rental companies would normally have rented us a boring sedan with zero personality. This was not one of those times.
Everyone wants a truck, van or jeep for off-road adventures. But us city types can’t afford to own one, or drive one every day. Don’t worry, the crappy car your mom bought you in college will do just fine—you’ll just have to use a little redneck ingenuity.
Astronaut Daniel T. Barry thinks NASA's mission to Mars is humanity's most important endeavor yet, for reasons including the birth of Captain Kirk. We talked to him about what it's like to explore the Final Frontier.
The USAF will be pulling out of Royal Air Force bases Mildenhall, Alconbury and Molesworth, among other smaller base closures across Europe. Is it time to stop subsidizing Europe's protection or are we underestimating the threat from Russia?
The whole point of leasing a car is so that you can get rid of it before it becomes a headache, right? Not so for the Detroit Police Department, which is paying millions in full lease payments on cars with leases that expired up to six years ago.
On a recent trip to the airport rental counter I marveled at the ability of the Avis/Budget representative to make me feel like a criminal, a moron, and an irresponsible lout gambling with my life all in the space of about eight minutes. Welcome to modern car rental.
In addition to the increased cost of filling them with fuel, car rental rates are rising as rental companies try to squeeze profits out of a shrinking fleet, reports the Detroit News. To help decrease overhead, rental companies have removed 300,000 vehicles from their inventory, despite demand that has remained…
Through the end of April, Chrysler had dropped fleet sales by 45,000 vehicles, a 17% decline from a year earlier, GM reduced its fleet sales by approximately 40,000 vehicles, a 14% drop and Ford posted a 9% decline in fleet sales, translating to 25,000 vehicles. Yes friends, Detroit automakers are avoiding the…
Is socialism staging a resurgence in Britain? We wonder sometimes. With a Labour government back in power, and gas nearing $6 a gallon, conservation may be giving way to regulatory miserliness across the pond, sold to the public with a tinge of green.
Proving there's nothing about the traveling experience that's enjoyable to anyone anymore, J.D. Power and Associates 2007 Rental Car Satisfaction Study has found that people have a worse experience renting cars this year compared to last. Based on a completely made-up scale, overall satisfaction dropped 17 points to…