This week's interest rate survey revealed some gentle movement in auto loan interest rates but nothing major. The 60-month new-car loan rate bumped up 1 basis point to 7.07 percent. The 48-month new-car loan rate held tight to 7.03 percent, while the 36-month new-car loan rate gained 1 basis point to come in at 6.97 percent.

The 48-month used-car loan rate rose 1 basis point to 7.75 percent and the 36-month used-car loan stayed at 7.73 percent.

J.D. Power and Associates predicts a marked decrease in new light-vehicle sales from 2007. The forecast projects sales of 14.2 million units, a decrease of 12 percent from last year. And 2009 should be up slightly with an increase to 14.3 million units.

In cheerier news, if you are in the market for a new car and happen to be looking for a dog-friendly vehicle, check out the reviews on dogcars.com to find the right vehicle for your four-legged family. The site reviews cars based on how well they can cart around your dogs in their safety-appropriate restraints or crates.

-- Sheyna Steiner

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