auto financing
Vehicle purchase credit
Auto financing is the process of borrowing money to purchase a vehicle, typically through a loan or lease arrangement.
The buyer makes monthly payments over a set term, usually two to six years, while the lender holds the title as collateral.
She got auto financing through the dealership at 4.9 percent.
Auto financing is available through banks, credit unions, and dealerships themselves.
- car loanBorrowed money for wheels
- loanBorrowed money repaid later
- leaseTemporary use contract
- dealerOne who sells goods
- APRYearly borrowing cost
interest rate · interest · monthly payment · monthly · payments · credit · bad credit · down payment · approval · cosigner · refinance · term · balloon · subprime · preapproved · dealership · negotiate · trade-in
- car salescar dealership, car dealerships, dealerships, dealer, car sales
- vehicle costscar payment, lease payment, lease payments, loan payment, monthly payment
- credit termsloans, installment loan, credit limits, monthly payment, credit cards
- financial agreementsloan agreement, credit agreement, loan contract, promissory note, loan
- Payment Planspayment plan, monthly payments, installment loan, down payment, payment schedule
auto financingcar lease
Financed vehicle arrangement
leasing · car rental · long-term rental · car sharing · vehicle lease
auto financingpublic transit
Shared community vehicle system
ride sharing · carpooling · ride-hailing · bike commuting · bicycle commuting
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