How Interest Rates are Changing in America Interest rates are on the rise, and they are affecting the borrowing climate in America. When the Federal Reserve increases interest rates, it costs more to borrow money. Increased rate hikes combat inflation, and in 2022, the target rate elevated to the highest rate since 1981. In 2022, auto […]
Do You Need An Extended Car Warranty?
What Is a Vehicle Service Contract? If you’re looking to purchase a vehicle, you may wonder about vehicle protection. A common question we hear at Sierra Blanca Motors is whether or not an extended car warranty or vehicle service contract is necessary. Let’s break down each option. A vehicle service contract is an agreement for certain repairs or services. Most vehicle service contracts outline what […]
How Do I Finance My Vehicle | Top Things to Consider
What Are Ways You Can Finance Your Next Vehicle Purchase? Car buyers often ask themselves, “How do I finance my vehicle?“. Before visiting our Jeep dealership in Ruidoso, NM, we recommend applying for loan pre-approval. This way, you know ahead of time which loan programs and terms you qualify for and how much you can afford […]