Wednesday, June 10, 2015

If It's Profitable For All, Why Not?

This Is What Sexy Chinese Car Models Do Between Auto Shows

Getting your car washed in China just got a bit more enjoyable, that is if you live in the city of Urumqi. Located in the northwestern part of the country, the city is now home to a car wash featuring Chinese auto show models. The women sport short tops and skin-tight waist-high shorts, outfits you’d expect at a sexy car wash. The babes aren’t exactly as voluptuous as their American counterparts, but it’s likely drivers in the city couldn’t care less.

(CarBuzz.com)

They See Me Rollin' - Subaru Edition


(Fatlace.com)

They See Me Rollin' - Porsche Edition


(FatLace.com)

They See Me Rollin' - BMW Edition


(FatLace.com)

They See Me Rollin' - Porsche Edition


(FatLace.com)

That's A Misty Eye'd Moment Fore Sure

College Golf's Elite Enjoy Time with Nicklaus at Muirfield

The highlight of the press conference was probably Elliott’s answer when I asked about his girlfriend and if they had any memorable matches on the golf course. He is dating Julia McQuilken, who won the women’s NAIA individual title for Dalton State, then Elliott followed up a week later and won the men’s NAIA title for Dalton State.

“The first time we met, we played golf at Dalton Golf and Country Club,” Elliott said.

“I hit my tee shot out there, she sticks her tee in the ground and starts teeing off from the tips. I’m like, ‘What are you doing? Why are you back here? It’s 7,000 yards.’ We finish nine holes. I shoot two under par, she shoots one under. I was like, I don’t know if I can date this girl!”

The room broke up in laughter and McQuilken, who was present in the audience, had a priceless surprised expression on her face. She apparently hadn’t heard that story told quite that way before.

“It was something really special for her to win and then for me to win,” Elliott said. “I had some big shoes to fill.”

(Golf.com)

Rising Car Prices Are Also A Factor

New car loans longer than ever before

The national average for car loans just keeps growing in the US, not just in terms of their length but also the amount being financed. That trend shows no signs of abating based on the latest figures from Experian Automotive, and the statistics show auto debt reaching another all-time high.

According to the agency, the average loan term for a new or used vehicle increased in the first quarter of 2015 to new highs of 67 months (new) and 62 months (used). Loans lasting 73 to 84 months accounted for 29.5 percent of newly purchased cars, the largest figure since Experian began collecting this information in 2006.

Leasing also reached a new peak by representing 31.4 percent of new vehicle purchases. Average payments fell slightly, though, to $405 a month, versus $412 in Q1 2014.

As you might expect with such long loan lengths, the amount being financed has crept up, as well. For the quarter, the average total was $28,711, versus to $27,612 in the first quarter of 2014. Monthly car payments also grew to an average of $488, compared to $474 last year.

As in previous reports, Experian doesn't necessarily see this growing debt as a problem. "Most longer-term loans help consumers keep monthly payments manageable, while allowing them to purchase the vehicles they need without having to break the bank," Melinda Zabritski, Experian's senior director of automotive finance, said in the announcement of the Q1 figures.

The trend towards longer loans has been building for the last several years and has regularly reached new highs. In large part, it has been sustained because buyers have been keeping up with payments.

(AutoBlog.com)