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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. Interestingly, despite rising costs, the average down payment for new vehicles dropped from $7,074 to $6,856 over the same period. last quarter, down from 7.1%

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Financing Your Dream Maserati: Understanding the Leasing and Financing Options for Your Luxury Vehicle

Market Doctors

Minimal Upfront Costs: Leasing often requires less money upfront compared to financing a purchase, making it an attractive option for those who may not have substantial savings for a down payment.

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