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2. Retail floorplan - Wikipedia

   en.wikipedia.org/wiki/Retail_floorplan

   Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]

3. Car Loan Debt Is Soaring — Here’s What You Should ... - AOL

   www.aol.com/finance/car-loan-debt-soaring...

   Many Americans continue to rack up debt, including by taking on car loans they can't afford. Nationwide, auto loan debt reached nearly $1.6 trillion in the third quarter of 2023, a $71 billion...

4. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Studies have shown that the average per-unit finance cost can be higher when financing through a dealership than independent lenders. For example, one study found that the price increased by $674 when dealer financing was used, potentially due to additional products or services (an average of 4.63 add-ons per deal) in the financing package. [7]

5. Ally Financial - Wikipedia

   en.wikipedia.org/wiki/Ally_Financial

   Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

6. Should You Wait To Buy a Car Until Interest Rates Fall? - AOL

   www.aol.com/finance/wait-buy-car-until-interest...

   If you can't afford to buy a car with cash, financing a vehicle tends to be a lot more expensive than it was a few years ago. Read: 7 Best Cars for Retirees on a BudgetLearn: How To Get $340 a ...

7. Subprime Auto Loans: What They Are and the Risks Involved

   www.aol.com/subprime-auto-loans-risks-involved...

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