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Negative equity in car – cover with down payment or use for newer vehicle?

Shawn Ryder

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.

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Do manufacturers calculate interest and add to the loan?

Shawn Ryder

A common question that arises is: do manufacturers calculate interest and add it to the loan? In this blog post, we will explore the intricacies of automotive financing, including how interest is determined, what factors influence the rates, and how manufacturers and dealerships play a role in this process.

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Why You Should Care About Good Credit Auto Financing?

3 Brothers Autosale

This not only makes your monthly payments more manageable but also ensures that a significant portion of your payment goes towards reducing the principal amount. Consider making a larger down payment, which can further enhance your negotiating power and reduce the borrowed amount.

Finance 100
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Why did EV startup Fisker fail again and again?

Drive.com

He followed that success with the Aston Martin DB9 and Vantage, which ended up becoming two of the best-selling models for the British luxury manufacturer. But by 2007, Fisker decided the time was right to branch out on his own and took a big bite out of the manufacturing apple, starting his first stand-alone venture, Fisker Automotive.