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  2. How to Get the Best Auto Loan Rates as a First-Time Car Buyer

    www.aol.com/best-auto-loan-rates-first-160019538...

    For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates.The average auto loan rate for someone with excellent credit is 5.25%, according to ...

  3. Buying a Used Car? These 6 Certified Pre-Owned Programs ... - AOL

    www.aol.com/finance/buying-used-car-6-certified...

    Buying a used car comes with pros and cons. The biggest pro is the cost savings compared to buying a new vehicle, but the potential con is that it may be prone to more issues. Check Out: 5 2025 ...

  4. How to Get the Best Car Loan - AOL

    www.aol.com/best-car-loan-195500166.html

    If you're buying a car, learn how to get the best car loan, review where you can get an auto loan, and discover what a good interest rate looks like in 2022. Skip to main content. 24/7 ...

  5. 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]

  6. Certified pre-owned - Wikipedia

    en.wikipedia.org/wiki/Certified_Pre-Owned

    A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.

  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2] There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly.

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