MORE Automakers Will WORK With New Car Buyers On Their Payments Due To Coronavirus Pandemic

Several automakers on Monday said US buyers of new vehicles will have the option to defer their payments and customers with existing car loans could ask for payment rescheduling if impacted by shutdowns due to the spread of coronavirus.

The move is also aimed at boosting new car sales during a time of uncertainty for dealerships, as an unprecedented wave of closures and restrictions is prompting millions of U.S. workers and students to stay home to slow the spread of the outbreak.

More than 4,100 people in the United States have been confirmed as being infected with the fast-spreading virus.

Ford Motor Co on Monday said its credit unit is offering customers purchasing new vehicles the option to delay their first payment by 90 days. A U.S. spokesman for Nissan Motor Co Ltd said the automaker will launch a similar program...
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USNA1999 - 3/17/2020 7:31:38 AM

0 Boost

What an idiotic statement. You must be 10 years old. Really? Let's blame him too for all the other worldwide economies that are tanking and might go into recession too. Wait, "curing coronavirus must be racist, We have the right to die from coronavirus". Is that what you DEM fanatics are thinking?

MDarringer - 3/17/2020 8:13:01 AM

-3 Boost

No, he's just one of those idiot Alt-Left fascist-socialist-communists who wants Alzheimers Joe in the oval office.

Tiberius1701A - 3/17/2020 11:18:12 AM

-3 Boost

c-lancer - Wrongo douchenozzle. Little Barry Soetoro is The Worst President Ever™. You lack the basic understanding of a Kindergartner.

Tiberius1701A - 3/17/2020 11:21:20 AM

-2 Boost

Now back to the story, will banks be doing the same? I wonder.

xjug1987a - 3/17/2020 12:27:15 PM

-1 Boost

Banks are considered essential, so money will flow, but perhaps only through the drive through and ATM. Folks in the bank shouldn't be exposed because some knumbskull needs to deposit a 14.00 check (happens every day) or cash a $32. check, again, every single day. Everyone should use the ATM or drive thru until this has run its course....

mini22 - 3/18/2020 7:05:17 PM

+1 Boost

ATM's should only be used with nitrile gloves as they may have viruses on them. Same for the shuttles at the drive through.

MDarringer - 3/18/2020 7:14:50 PM

+1 Boost

God, you're stupid. Keep drinking the panic punch.