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  2. Car Buying Hack: Starting in 2024, You Can Use the EV Tax ...

    www.aol.com/car-buying-hack-starting-2024...

    See: 5 Japanese Cars To Stay Away From Buying Find: What To Do If You Owe Back Taxes to the IRS As of January 1, EV tax credits up to $7,500 for new clean vehicles and up to $4,000 for used EVs ...

  3. How Much Should Your Car Down Payment Be? - AOL

    www.aol.com/much-car-down-payment-200800414.html

    Buy low: With a no-money-down loan, it's best to get a vehicle with a lower overall cost so you'll have less to pay back. Consider looking for an older vehicle at the base trim level without many ...

  4. Can You Make a Car Down Payment with a Credit Card? - AOL

    www.aol.com/car-down-payment-credit-card...

    Here are a few reasons why you should think twice before using your credit card for a car down payment. You'll Pay Higher Credit Card Interest Rates When you use a credit card to make a purchase ...

  5. Buy here, pay here - Wikipedia

    en.wikipedia.org/wiki/Buy_here,_pay_here

    In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]

  6. GAP insurance - Wikipedia

    en.wikipedia.org/wiki/GAP_insurance

    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] GAP coverage is mainly used on new and used small vehicles (cars and trucks) and heavy trucks. Some financing companies and lease contracts ...

  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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