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#130, Fair provides safe car leasing Covid-19 option

Podcast: Play in new window | Download (Duration: 23:47 — 32.7MB)Subscribe: Apple Podcasts | Spotify | MoreCraig Nehamen is a co-founder of Fair. It’s among several apps debuting within the past decade that provide a new car leasing option for way for consumers. The app, which launched in September 2017, allows consumers to lease a previously owned vehicle for a short or long time frame. Nehamen is our guest on episode #130 of The Weekly Driver Podcast. Co-hosts Bruce Aldrich and James Raia talk with Nehamen about the business and the process of leasing a vehicle online via Fair. The car leasing option, Fair calls a subscription, is increasingly popular during the coronavirus. Consumers are still buying vehicles but car

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Car loans reach new high, monthly average now $503

Car buyers in the United States are increasingly seeking more expensive cars, assuming larger car loans to the buy vehicles and are taking a longer time to pay for their purchases. The result of the trend, according to the credit company Experian, are the biggest numbers the automotive industry has experienced. Car loans reach new high Consider the car loan statistics for the first quarter of 2016 from data compiled from millions of auto loans: The average auto loan in the United States is now $30,032. It’s the first time the amount borrowed to buy a new care surpassed $30,000. The average month auto payment is now $503. It’s the first the average monthly car payment has exceeded $500. The

Carsquare.com: the easiest, best way to buy or lease a car

Carsquare.com is a new website that provides something previously absent from the online car-buying experience. Whether a consumer is looking to purchase a new car in a specific price range or interested in reading used car reviews, Carsquare.com features a diverse offering — from the best used car tools to educating yourself about buying a new car to generating a specific vehicle’s used car history check. The Carsquare.com platform aggregates information from the best automotive industry companies available on the Internet and has developed relationships with Carfax, eBay Motors, CarsDirect, Usedcars.com, MyCarMatch, LotLinx, Swapalease.com, and others. The new portal provides all the tools to help make a consumer’s search simple, precise and ongoing, whether looking for new or used, to