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Used Car APR in Ontario Canada?

Shawn Ryder

When considering purchasing a used car in Ontario, Canada, one major financial aspect to be aware of is the Annual Percentage Rate (APR) you might encounter when financing your purchase. In Canada, lenders are legally required to disclose the APR, allowing consumers to better compare financing options from various providers.

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Do manufacturers calculate interest and add to the loan?

Shawn Ryder

The key components of an auto loan include the principal amount (the price of the vehicle), the interest rate, and the term of the loan (length of time to repay). This collaboration can lead to promotional financing offers, such as 0% interest deals for qualified buyers.

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How Fullpath’s Custom Campaigns Can Drive Your Dealership Strategy Forward 

Autoleadstar

That all sounds great, but what if in addition to sending thousands of hyper-targeted emails your dealership wants to communicate urgent, short-term, or other updates? To avoid overwhelming shoppers who might qualify for multiple campaigns, you control the send frequency and priority.