Leadpile's Blog» auto finance

Auto Industry’s Bad Guys

Nicky — Wed, 16 Jun 2010 21:16:56 +0000

People using private offices for car seizures are having continuous problems with their employees repossessing their cars in highly inappropiate manners. About 1.9 million repossessions took place in 2009, but some small businesses are becoming overly aggressive when it comes to collecting payments.

Car Repossessions have become quite the issue lately. In San Jose, California, a woman’s car was repossessed due to late payments while her 2 year old son was still in the vehicle. The police were called immediately, and half an hour later the boy was found at the car repossession office. According to reports, this has become a more common accurance. Other cases included incidents like fights, arrests, and use of weapons.

When dealing with auto loans, one needs to be very careful about who they work with. Leadpile works closely with our affiliates to avoid these types of situations, and we would certainly not engage in these kinds of unprofessional behaviors.

Finding Leadpile Offers Made Easier!

Mari Holt — Mon, 29 Mar 2010 21:16:25 +0000

LeadPile is excited to announce some new and improved changes to the seller account! These changes will help publishers locate the offers much easier.

Check out these new features under the offers tab:

*Click on the “Search Offers” tab to find all the available offers
*Clicking on “Available Categories” or entering key terms into the “Search Offers” box will bring up all of the current offers
*Top and average payouts are listed next to each offer
*MicroClick Forms, MicroClick iForms, Banners, Text Links, On Exit Ads and On Side Ads are all available for you to choose from.
We are always looking for new publishers, or even current publishers that are not currently generating leads, to get started! A great publisher site that Leadpile has helped out on is usainstantpayday.com. We can help with your site too if needed!
We are seeking more leads and traffic for payday loan, auto finance, business cash advance, Broadview Security system, New Millennium Bank, bankruptcy and more!

Will Toyota & Honda Recalls Impact Booming Auto Industry?

Mari Holt — Thu, 11 Feb 2010 03:31:05 +0000

Just when we thought the auto industry was headed in the right direction, a recall happens with Toyota…. then another recall.. then another recall with Honda. I don’t know about you but this is scary for the auto (finance) industry that we very much work in. Going to a dealership was like going to a ghost town, and then things finally started getting better. This shake up with Toyota, and now Honda, could not have come at a worse time. The struggling auto industry was finally heading in the right direction, and then this all happens. The ironic thing about the recent recalls is the fact that the two companies now in the news were the ones that stayed out of the negative lime-light in the last few years. Kudos I guess to our nation’s automakers for already having gone through the “bad” part of the auto industry hiccups, but gosh when is the auto industry going to get a break? Let’s all keep our fingers crossed that the auto industry keeps moving forward, not backwards!

Positive News For Auto Industry: Ford Has Profits

Mari Holt — Mon, 01 Feb 2010 04:25:30 +0000

The auto makers have been in the news lately with the Toyota recall, and now some positive news from Ford. A couple negative years of profits seems to have come to an end with Ford Motor Company. MSNBC is reporting that Ford actually had a profit of 2.9billion dollars for 2009. That’s HUGE for an industry that has had so many struggles. Ford avoided bankruptcy, unlike it’s US competitors, so how did they squeeze out a profit for 2009? It seems that the Ford Credit division helped the overall bottom line.
One thing I hope continues to move in the right direction, and that is people continue to still look to purchase cars… and more importantly they go online!

Leadpile Seeking Canadian Auto Finance Leads

Mari Holt — Fri, 18 Dec 2009 03:40:41 +0000

Recent news with Leadpile and the payday loan industry was that we entered the Canadian cash advance space, and now we are excited to announce we are now going to be working with Canadian auto finance leads. Just like the US auto industry, this appears to be the time when the Canadian auto finance industry starts taking a turn for the better. People need cars whether they are in Canada or the US, and we are looking to match them with dealers.
We are seeking new publishers to generate this lead type and also additional buyers that are working in Canadian auto leads. If this is something that you are looking at doing, please contact us!!!

Simple Steps To A Car Loan

Natasha Aronov — Fri, 06 Nov 2009 01:25:31 +0000

We all know that there are great deals to be had in automotive market right now. Many car dealers are willing to cut their prices and haggle much more than in the past. So buying a new car as a steal should be simple, right? Car dealers may be willing to work with you on price, but when it comes to giving you a loan, not so much.
Unless you are very money savvy or have a great job, buying a car with cash is not always possible. This day in age it is very common for the majority of people to take out a car loan and finance their car. With the market how it is, getting a car loan can be easier said than done. Its not that lenders do not want to give out loans, they are just being much more picky on who they will approve. Also, interest rates are very high at the moment and your credit can make a difference on if you are approved and what interest rate you receive. According to U.S.News, when trying to finance or get a loan for your new car there are a few key facts you should know.
1. Basics of Car Loans – know that you will have to pay an interest rate which includes principal and interest.
2. Car Loan Term – This is the amount of time that you have agreed on to pay the lender back. The car is not yours until you pay back the WHOLE loan and interest.
3. Credit Score – As stated above, interest rate is normally based on an individuals credit score. Usually, the lower the credit score the higher the interest rate.
4. Apply Several Times – Consumers normally apply to several different companies to get their loans. This will give you a better chance to get a loan that suits your exact needs.
At the end of the day it is by no means impossible to get a auto finance loans. LeadPile is also here to help. We match up consumers and lenders who meet each others needs. Hopefully, this helped you realize that with the right knowledge and steps, buying a new car with great financing is not as far out of reach as you may think.

Leadpile Lead Exchange Looking For Auto Leads

Mari Holt — Sun, 18 Oct 2009 23:26:19 +0000

There seems to be some momentum brewing in the auto industry. We all saw some positive response to the Cash For Clunkers program, and it appears there might be some light at the end of the tunnel with the auto finance industry. Leadpile has written about the increase in bankruptcies and the housing market still struggling, however there seems to be some little signs that people might be starting to look again for cars. This could be great news for consumers, dealerships, and and the lead generation industry who has seen some stagnant volume of leads coming in.

Recent conversations that I have been having with affiliates, indicates that there might be that demand again for the auto finance leads. This is potentially exciting news for Leadpile because now we can reach out to our publishers to bring in this lead type. Leadpile publishers can drive traffic to our auto finance offers, place a Microclick form on their website(s), use banners or do a host and post.
Let’s all cross our fingers that this is the beginning of the end of our struggling auto finance industry. If it is any indication by all the Ford commercials that are playing on our televisions, this industry it coming back!

Cash For Clunkers Says Goodbye

Mari Holt — Mon, 24 Aug 2009 14:20:56 +0000

Sad news in the auto finance industry today….. Cash For Clunkers will end today. This program has fueled great success in our nation’s dealerships, however that is ending today. I am curious to see the reported end results of this short lived program and see if this is something that be continued on in the future. Ask the dealerships and they say that this brought people into their dealerships that would never have come. Ask consumers and they say this was great because they earned more money for their cars, than they ever would without the program. Ask the government and they say???????
This program we know has brought more traffic to the online auto finance industry, and Leadpile loves the idea of this. Can we all say “let’s keep Cash for Clunkers” going?

GM & eBay Team Up To Sell Some Cars!

Mari Holt — Mon, 10 Aug 2009 21:57:19 +0000

In an effort to boost some new car sales, GM has teamed up with the online shopping marketplace eBay. Previously, eBay was a place you could purchase a car, however purchasing a brand new car was not necessarily available. The NY Times is reporting, “The venture will involve about 225 dealerships in California at first, but G.M. hopes to expand it nationally as soon as September.” Hopefully, in combination with the Cash For Clunkers program and this sort of exposure, GM will see some positive things happening. Many reports are showing that the Cash For Clunkers program has allowed more auto finance traffic to start coming in to lead generators. If that is the case, hopefully we will see a high acceptance of this lead type by our buyers.

Update: Cash For Clunkers Campaign Is Haulted

Mari Holt — Fri, 31 Jul 2009 02:47:31 +0000

Just a few days I was referencing the new Cash For Clunkers campaign that the government had rolled out recently. However, it appears this seems to be too good to be true. The Associated Press is reporting today that the campaign is being haulted because there could be a lack of funds to support the popularity of this campaign. It does not seem anything is for sure regarding it being canceled, however I am sure we will all get some new news on this in the next couple of days. This campaign actually was lighting a fire in the auto finance industry like many I am sure hoped, but that didn’t last for long!