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Guide to the Common Dealership Terms When Buying A Car

Car Examer

APR (Annual Percentage Rate) APR is the interest rate on any car financing, shown as an annual percentage. APR includes both the interest rate and any fees, giving you the true cost of borrowing. It’s worth comparing APRs from different lenders, as your credit score and loan term will affect the rate offered.

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Decoding Car Finance – Understanding Your Options

Shawn Ryder

Finance in the automotive world can be a complex and daunting topic for many individuals. Understanding the various options available when it comes to purchasing a car through financing is crucial to making informed decisions. Types of Car Finance The various options available for financing a car purchase can be overwhelming.

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