But a car loan isn’t a revolving line of credit. The availability goes down at the same rate as the principal. Paying off a car loan should reduce your utilization rate because you're eliminating an account utilized at 100%.

A dealer can literally sell a car for $0 up front profit and then just bump the customer’s interest rate a bit over what the bank approved and that difference is what the dealer will make over the life of the customer’s loan. So if the bank’s buy rate is 4% and the dealer sells the contract at 5% they will make a…

The dealer makes money on the loan or lease if you do it through them. If you are paying cash, then they aren’t going to make that money from the financing.

Some dealers actually get a kickback for closing a certain amount of loans with a specific bank.

I don’t think that applies with a car loan because it isn’t a “line of credit” in the sense that you can charge back what you’ve paid off, it’s an installment loan. With auto loans, it has more do with with having a a good credit mix, with installment loans being one of them. Suddenly not having that type of loan on…

Because the US credit system is royally messed up when it comes to your score being the gatekeeper to what you do or do not qualify for. In the US your score rises and falls and is determined by three privately run bureaus with no oversight. If you want to get a loan and not get screwed it’s a game you have to play,…

It’s not limited to the holidays. Amazon has been deliberately lying about delivery times for orders for a couple of years now. I was an early Prime adopter and literally only buy from Amazon if the item is listed as Prime eligible. Items don’t show up and Amazon tries to tell me the item wasn’t Prime eligible. I…

I became a Prime member because shipping times as a “normal” customer seemed to be getting longer. Something would be in-stock but would take days to ship for no discernible reason. “OK,” I thought, “Fine, I will sell my soul for a bit and see if it’s worth it.” And for awhile it was.

If I were to blatantly lie in my job, like the delivery services are lying about having delivered a package, I would no longer have that job.  I get that “stuff” happens, and packages don’t make it on time, but saying it’s delivered when it obviously is not is a completely different situation.

Man.... really looking forward to 2021 when I can dream about buying an off-lease Veloster N while I slave away in the political dissident internment camps.

Take the square root of that number, and you have Genesis’ sales goals for 2019.

Own one. Got it with 15k miles for the same price as a new, slow, no options, shitty 4 banger Sonata. Nearly 300 hp and all the bells and whistles? Yes please.

eh idk, now that I’m thinking about it, might be Tucsons of bitches. 

Probaby just some millenial buying it “Ioniqally.”

Kona go out on a limb here and say it was a sonata bitch that returned that thing.

Jalopnik: “Azera reason Hyundai had a negative sales figure for one of its models last month?”

Buying a suv for the 3rd row is nonsense. Unless towing or 4 wheeling,......minivan !

I always say Palace-Aid

This is on a FWD architecture. Hyundai/Kia reserves the V8 engines for RWD-based cars, like the G80 and G90, and the defunct Borrego and Equus models.

It doesn’t look like that’s a nice segment to compete in right now, not in the age of 84 month loans. Nowadays people only think about monthly payments, so there’s less perceived incentive for going for a cheap crapcan. Also, used cars are more attractive to frugal buyers now that they are more reliable and there are…