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2. How to Trade In a Financed Car: Everything You Need to Know - AOL

   www.aol.com/trade-financed-car-everything-know...

   This helps offset the increased car payment that comes when you trade in a financed car. The more money you can put down on your purchase, the lower your interest rate and your monthly payment ...

3. This 36-year-old is paying off a $66K loan on a $49K Ford ...

   www.aol.com/finance/36-old-paying-off-66k...

   This 36-year-old is paying off a $66K loan on a $49K Ford Explorer after a trade-in — Americans are getting run over with negative equity due to long-term car loans and high interest rates

4. Average Car Payment Is $738/Month: 7 Models To Consider ... - AOL

   www.aol.com/average-car-payment-738-month...

   According to LendingTree, the average monthly car payment for new vehicles is $738 — higher than it’s ever been.Leased and used vehicles have also gone up on a year-over-year basis, with used ...

5. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash).

6. Loan - Wikipedia

   en.wikipedia.org/wiki/Loan

   There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer.

7. GAP insurance - Wikipedia

   en.wikipedia.org/wiki/GAP_insurance

   Guaranteed Asset Protection (GAP) insurance (also known as GAPS) was established in the North American financial industry.GAP insurance protects the borrower if the car is written off or totalled by paying the remaining difference between the actual cash value of a vehicle and the balance still owed on the financing. [1]

8. How to trade in a car: 5 simple steps - AOL

   www.aol.com/finance/trade-car-5-simple-steps...

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   Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.