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Dealers regularly try to attract customers with special discounts and credits, which are known in the industry as “incentives” like “no money down,” 0% financing, cash-back rebates and ...
If you're shopping for a new car on a budget, leasing can be a good option to consider. When you lease a vehicle , you make monthly payments to essentially "rent" the vehicle for a certain number ...
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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.
Depending on the terms of your lease, you may have the option to purchase the car based on its residual value, return it to the dealership, or start a new financing or leasing agreement.
A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased. Legally, an indirect “loan” is not technically a loan; when a car buyer obtains financing facilitated by a dealership, the buyer and dealer sign a Retail Installment Sales Contract rather ...
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