Remove Buyer Remove Down Payment Remove Financing Costs
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1 In 5 New Car Buyers Took On $1,000+ Monthly Payments In Q4

Carscoops

months as down payments fell to $6,856 last quarter. Used car loans average $28,675 with more manageable $533 payments but sky-high 11% APRs. With the cost of financing skyrocketing, analysts are advising potential buyers to consider alternatives, such as used cars or new EV leases, to keep their budgets in check.

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Can I buy a car if I’m a few hundred dollars short?

Shawn Ryder

Many potential buyers find themselves wondering if they can still secure the vehicle they want even when they’re not at the financial threshold they initially set. Fortunately, there are several strategies to consider that can help bridge that gap without compromising your financing options or peace of mind.

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Is it smart to buyout a lease instead of straight financing?

Shawn Ryder

This question is not just about numbers; it dives into personal finance, lifestyle choices, and future freedom with vehicle ownership. By dissecting both options, we can uncover the benefits and drawbacks of each to help steer potential buyers in the right direction.

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