No Reserve 09 Chevrolet Silverado 2500 Lifted Duramax Diesel Crew 4x4 Short Bed on 2040-cars
Phoenix, Arizona, United States
Vehicle Title:Clear
Fuel Type:Diesel
For Sale By:Dealer
Transmission:Automatic
Make: Chevrolet
Warranty: Vehicle does NOT have an existing warranty
Model: Silverado 2500
Mileage: 132,250
Sub Model: LT
Exterior Color: Blue
Doors: 4 doors
Interior Color: Charcoal Gray
Cab Type: Crew Cab
Number of Cylinders: 8
Engine Description: 6.6L V8 DIR OHV 32V
Drivetrain: 4-Wheel Drive
Chevrolet Silverado 2500 for Sale
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Auto Services in Arizona
Valleywide TV Repair ★★★★★
Ultimate Imports ★★★★★
Tucson Auto Collision Center ★★★★★
ToyoMotors Service and Repair ★★★★★
The Auto Shop Inc. ★★★★★
Tech 1 Auto ★★★★★
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Subprime financing on the rise in new car sales, leasing too
Fri, 07 Dec 2012We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.
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Watch the live reveal of the 2014 Chevy Silverado and GMC Sierra [UPDATE]
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As promised, Chevrolet and GMC are offering a live webcast of the world premiere for the all-new 2014 Silverado 1500 and Sierra 1500. After being teased with spy shots and blurry images like the one above for ages, now is the time to see the trucks in the metal, for real (well, as 'real' as it gets on a webcast, at any rate).
Shift your eyes down just below to see the reveal as it happens, starting at 9:30 AM EST. We anticipate having loads of images full technical information to share after the webcast, too, so truck aficionados should stay tuned. We'll also be bringing you live images of both trucks too, when we see them on the show floor at next month's Detroit Auto Show.