Banking Down Payment Fair Market Value 
Shawn Ryder
JANUARY 17, 2025
If you’re considering whether to apply your down payment toward covering negative equity or if you should use it for a newer vehicle, it’s essential to understand the implications of each choice. These losses can sometimes outpace the rate at which car owners pay down their loan balances.
Your Car Buying Advocate
JULY 31, 2023
Imagine financing like this : It’s a way to break up the cost of the car into smaller, more manageable payments spread out over time. Instead of paying the full price of the car all at once, you borrow money from a lender like a bank or credit union, and then you pay that money back, typically each month, over a set period.
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