Category Archives Financing and Leasing

Loan Calculator

How Do I Calculate My Monthly Car Payment? What factors determine my payment? There are several factors that determine your monthly payment when financing a new car. These include the price of the car, how much cash you’re putting down, term of the loan, and the APR (estimated financing rate) of the loan. Your finance rate will depend on your…

Car Dealership Price Tag

Car commercials are notorious for their use of industry jargon, incomprehensible to the ordinary customer. Advertised pricing can be especially confusing. With all the talk of MSRP, employee pricing, invoice pricing and sticker price, most normal people can’t tell whether or not the dealership is offering a good deal. To avoid having to pull out a glossary the next time…

five-questions-for-the-dar-dealership-finance-manager

Buying a new car can be an exhausting process. Many people spend months researching and test driving a variety of vehicles before they finally make a decision. Then, they choose a dealer and spend another full day negotiating and closing the deal. By the time most buyers make it into the office of a car dealership finance manager, they’re ready…

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