Car Examer

OCTOBER 29, 2024

Down Payment A down payment reduces the amount you need to finance, which lowers monthly payments. A larger down payment now can mean less strain later. Monthly Loan Payments If you’re financing, the monthly payment amount depends on the loan’s term and interest rate.

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Car Examer

SEPTEMBER 17, 2024

Fortunately for new car owners, most car dealers provide flexible payment terms to help you spread out your payments over time and make the repayment cost more reasonable. This allows buyers to get either a better deal or better payment terms for their purchase. For used cars, there’s also the used car loan.

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Your Car Buying Advocate

JULY 31, 2023

We’ll explain these terms in a way that’s easy to understand, so the next time you’re at the dealership, you’ll feel like a car-buying expert. MSRP and Invoice Price Let’s start by learning two important terms: MSRP and Invoice Price. Ready to become a savvy car shopper? They all mean the same thing.

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