#Financing

No, you’re not imagining things. Both new- and used-vehicle prices are on the rise and American motorists are paying more than ever to purchase cars and trucks.

The car-buying process is a frustrating chore; it’s stressful, takes hours of precious time and once you finally seal the deal you’re never certain if you got screwed like a box of Phillips-head fasteners. But before you sign your life away, is it better to finance a vehicular purchase or pay cash? Not surprisingly the answer is a clear as a jar of peanut butter.

Choosing which new car to buy is one of the hardest decisions to make when it comes to getting a new ride, but so is how you’re going to pay for it.

Choosing which new car to buy is one of the hardest decisions to make when it comes to getting a new ride, but so is how you’re going to pay for it.

Last month, Tesla made a splash by offering a resale value guarantee on the Model S, stating it would be higher than that of a  Mercedes-Benz S-Class. However, Tesla is upping the ante by offering the best resale value of almost any luxury auto maker.

According to a report released by Experian Automotive, Toyota was the most financed automaker in the third quarter of 2012.

Nissan is lending a helping hand to victims of Hurricane Sandy. Individuals living in FEMA-designated disaster and emergency areas are eligible for employee pricing as well as discounted financing.

There’s nothing worse in a salesman’s world than having a product almost nobody wants, which is why GM and Nissan are offering slashed lease rates on the Volt and Leaf.

U.S. private equity firm North Street Capital will give Saab a $70 million investment, including an equity stake worth $10 million and a $60 million loan to the ailing car maker.