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As the average length of a new-vehicle loan has increased to nearly six years, so has the number of buyers who trade in a vehicle with negative equity.
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Before you move ahead with it, consider these points to learn how leasing a car works.
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Although some dealers have instituted no-haggle pricing, CPO cars seldom carry such stipulations as a whole.
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Most automaker finance units and third-party financial institutions will grant a one-time extension of a car lease, generally by 12 months or fewer.
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The Manufacturer’s Suggested Retail Price — also known as “sticker” price – is basically a recommended selling price that automakers give a new car.
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APR is short for annual percentage rate, which is the amount of interest paid on a loan over a year. Here's how it works.
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Compared to negotiable auto pricing, the main difference of a no-haggle, or one-price, approach is that the selling price is posted or advertised up front, and anyone who buys that particular vehicle should pay the same amount.
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Read here to know what to prioritize when it comes time to find a dealer, negotiate and pay the fee for a new car.
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Some 2.5 million fleet vehicles are purchased annually, and most of those will wind up on used-car lots or for sale online.
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A drop in the federal interest rate indirectly affects what consumers pay, so here’s what you should expect if rates go down as predicted.