I think that most people are inherently good. Find a wallet, turn it in. Witness a car accident, stop to make sure nobody is hurt. Lease a car, drive with the pedal as far from the metal as possible. 

I am expressing an opinion, because I don't know of any studies that have been done, but it's my belief that leased vehicles are not as well maintained as purchased vehicles because the owners know that they will be returning the vehicles when the lease expires. The very nature of a…

I sometimes take issues with surveys and studies. In a lot of cases, companies or trade groups uses studies to create fear, manipulate public opinion, or spin a positive message. In other cases, the studies or surveys are just not conducted properly. …

For as long as there are auto loans, there will be people who don't make payments. It's as certain to me as death and -- that other thing.

This dynamic forces lenders to continually look for ways to ensure that as many of their customers pay as possible. The past decade has seen lenders look to in-vehicle hardware and software -- such as GPS devices or starter-interrupt devices -- to help them identify and locate delinquent debtors and defaulted collateral. 

I was watching a…

Will one or two bad apples spoil the bunch of companies offering extended vehicle service contracts? 

The plight of US Fidelis has put the extended service industry under the heat lamp, to the point where an industry trade group has…