Credit Crunch Starting to Uncrinkle?
Just as demand for big ticket items dropped like a rock, banks got scared and tightened their lending requirements, effectively closing the barn door after the horses had gotten out. I’m not saying that they didn’t need to rethink their lending practices – they did. They were making loans to people who couldn’t pay them back, especially in real estate, and they knew it. If they’d failed to tighten up their lending requirements sooner, they should certainly do it when they finally see the problem. Read the rest of this entry »
Lexus Knocked from Top Spot by Buick & Jaguar
After a 14-year reign at the top of JD Power and Associates Dependability Study, Lexus has been supplanted by Buick and Jaguar, who tied for the top spot.
JD Powers and Associates polled 46,000 owners of 2006 model year vehicles about problems with their cars. The results are measure in PP100, or problems per 100 vehicles. Buick and Jaguar tied for the fewest problems per 100 vehicles: 122 for each. Compare this to an average of 170 PP100. Read the rest of this entry »
Luxury is All in the Details
Don’t you love being spoiled? I’m talking about that feeling you get when someone takes care of something to make life easier for you. Your sweetheart has a roaring fire going in the fireplace when you get home on a cold and rainy day. Or someone brings your coffee to you – just the way you like it.
The New 2009 Lincoln MKS
No Gas Cap Required!
