Bad Credit And The Benz

Say what you will about the state of the automotive industry now, but over the past two years it’s taken a beating. Once the bulwark of the new American economy, it has, for lack of a better word, collapsed. Coupled with the spiraling credit crisis, car buying has changed unexpectedly — and maybe irrevocably. It was once — not more than a year ago — so bad, Congress had to incentivize car buying by getting us to scrap perfectly good old cars. This was no way to find viable Ford, GM, or even Mercedes deals.

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