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  2. Pre-approval - Wikipedia

    en.wikipedia.org/wiki/Pre-approval

    In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

  3. CarMax: Tesla is the most popular pre-owned brand as EV ... - AOL

    www.aol.com/finance/carmax-tesla-most-popular...

    When looking at those cars traded in to buy used EVs at CarMax during the September 2022 to February 2023 timeframe, CarMax found the top traded-in vehicle type were SUVs, at around 40%, followed ...

  4. CarMax - Wikipedia

    en.wikipedia.org/wiki/CarMax

    CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations. [3]

  5. Edmunds (company) - Wikipedia

    en.wikipedia.org/wiki/Edmunds_(company)

    By 1996, the company had formed web commerce agreements with Autobytel, a site linking buyers to nearby dealers, and the auto insurance company Geico. As part of the agreement, each time a lead was generated from the Edmunds.com website, it would get paid a fee. [6] In June 1999, the company changed its name to Edmunds.com, Inc. [4]

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate". [ citation needed ] These markups have been the focus of some regulatory scrutiny because they can cause variations in interest rates that are not correlated with credit risk.

  7. Prequalified vs. preapproved: What’s the difference? - AOL

    www.aol.com/finance/prequalified-vs-preapproved...

    To get a prequalification, you’ll need to undergo a soft credit check — which won’t affect your credit score — and submit basic information about your financial situation.

  8. Mortgage prequalification vs. preapproval: How to time these ...

    www.aol.com/finance/mortgage-prequalification-vs...

    Preapproval: What it is and how it works. Preapproval is a much more comprehensive process than prequalification. Mortgage preapproval is a lender's conditional commitment to offer you a specific ...

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