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2. Should I use a home equity loan to buy a car? - AOL

   www.aol.com/finance/home-equity-loan-buy-car...

   Pros of using a home equity loan to buy a car. Longer term, lower payments: Home equity loans are structured in such a way that you can repay the money over a much longer period of time. Most car ...

3. Should you use a home equity loan to pay off an auto loan?

   www.aol.com/finance/home-equity-loan-pay-off...

   By comparison, an auto loan provides money for one purpose: to buy a car. Like home equity loans, auto loans have fixed interest rates; however, their loan terms are much shorter, usually lasting ...

4. Equity (finance) - Wikipedia

   en.wikipedia.org/wiki/Equity_(finance)

   In finance, equity is an ownership interest in property that may be offset by debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity.

5. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Spot delivery (or spot financing) is a term used in the automobile industry that means delivery a vehicle to a buyer prior to financing on the vehicle being completed. [9] Spot delivery is used by dealerships on the weekend or after bank hours to be able to deliver a vehicle when a final approval cannot be received from a bank. [ 9 ]

6. Personal contract purchase - Wikipedia

   en.wikipedia.org/wiki/Personal_contract_purchase

   The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [ 6 ] This form of contract purchase was originally used more by businesses than individuals, but there has been steadily increasing use by consumers in countries such as the UK in recent years.

7. Personal loan vs. home equity loan: Which is the best fit for ...

   www.aol.com/finance/personal-loan-vs-home-equity...

   Sources. Publication 936 (2023), Home Mortgage Interest Deduction, IRS.Accessed September 3, 2024. Finance Rate on Personal Loans at Commercial Banks, Federal Reserve Bank of St. Louis.Accessed ...