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  2. What to Know Before You Finance or Lease Your Next Car - AOL

    www.aol.com/borrowing-smart-know-finance-lease...

    Borrowing money to finance a pre-owned car may cost more than a similar loan on a new vehicle. This depends on the age of the vehicle. This depends on the age of the vehicle.

  3. Vehicle leasing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_leasing

    Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.

  4. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Roughly half of new cars in the U.S. are financed by the captive financing arms of car manufacturers, such as the Ford Motor Credit Company. [4] Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies.

  5. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

  6. Buying a rental car: What you need to know - AOL

    www.aol.com/finance/buying-rental-car-know...

    Rates for a used car sat at an average of 11.35 percent in the third quarter of 2023, according to data from Experian. But keep in mind that the true cost of your vehicle is much more than just ...

  7. Rent-to-own - Wikipedia

    en.wikipedia.org/wiki/Rent-to-own

    Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

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