Carscoops

OCTOBER 5, 2024

Edmunds says 84-month terms are becoming more popular, accounting for 18 percent of loans in Q3, up from 16 percent in Q1. Average US car loans Q3 2024 New cars Used cars Term (months) 68.8 Monthly payment $736 $548 Amount financed $40,713 $28,097 APR 7.1 percent APR loans. percent in Q2 and 15.8 percent in Q1of 2024.

Buyer 111

Buyer Down Payment APR Finance 111

Shawn Ryder

OCTOBER 8, 2024

This guide will explore automotive abbreviations in-depth, covering not only the common terms but also niche jargon that might be overlooked. Understanding these terms can enhance your insights into vehicle specifications, technical services , and dealership operations. What Are Automotive Abbreviations?

Term 52

Term Automotive APR Manufacturing 52

Carscoops

FEBRUARY 25, 2025

The Charger’s transformation into an EV hasn’t exactly been met with universal applause, and early sales reflect that sentiment with some dealers already letting them go for well below MSRP. That puts it above a standard Ford Mustang GT in terms of power, helping it hit 60 mph (96 km/h) in 4.7 seconds.

APR 102

APR MSRP Term Sales 102

Shawn Ryder

FEBRUARY 7, 2024

When you’re dealing with car dealerships, whether buying a new car or getting service on your existing vehicle, you might encounter several terms that aren’t immediately clear. MSRP (Manufacturer’s Suggested Retail Price) The price that the manufacturer recommends the dealership sell the car for.

Gap Insurance 40

Gap Insurance Term Extended Warranty Insurance 40

Carscoops

APRIL 25, 2025

Tesla’s new 0% APR financing deal applies only to the Model 3, not other models. In an effort to drive sales before the end of Q2, it’s offering 0% APR financing on Model 3 and the return of Full Self-Driving (Supervised) transfers. The headliner here is the 0% APR deal, which is only available on the Model 3.

APR 96

APR Finance Deal MSRP 96