car payment
Monthly vehicle obligation
A car payment is a regular installment toward the purchase of a vehicle, typically made monthly over several years: Our car payment is due on the fifteenth.
Most car purchases in the U.S. are financed, making car payments a standard household expense alongside rent and utilities.
- auto loanCredit for vehicle purchase
- loanBorrowed money repaid later
- monthlyOccurring each lunar cycle
- financeProvide money for
- autoSelf, in compounds
lease · interest rate · interest · debt · installment · dealership · amortization · principal · credit score · credit · budget · bill · late fee · due · refinance · bank · term · payoff
- debtdebt, creditor, owe, debtor, lender
- debt paymentsinstallment payments, payoff, debt service, installment, amortization
- expensesexpenses, expense, expenditure, cost, costs
- paymentscredit cards, debit cards, credit card, debit card, paycheck
- personal financesavings, income, credit, investments, bills
- billselectric bill, bill, phone bill, bills, gas bill
financial obligation vs. financial freedom
car paymentfree and clear
Owning without obligations attached
acquisition method
car paymentlump sum payment
Full amount given once
one-time payment · cash deal · upfront payment · down payment
car, payment, cars, carriage, carry, carrier, carried, carrying, cart