When Is Buying A Car Better Than Leasing?
At some point, nearly every driver in search of a new car has faced the big question: is it better…Read More »
What Is Costco’s Auto Program? (COST)
Costco Wholesale Corp (COST), the warehouse store that everyone either loves or loves to hate, has a secret. Costco members can…Read More »
What Is Special Financing? Special financing is a segment of the auto lending industry for borrowers with a limited or…Read More »
What Does Lease Balance Mean? Lease balance is the amount of money that a customer owes under the terms of…Read More »
A subvented lease is a type of lease in which the entity offering the lease reduces the cost through some…Read More »
Net Advantage to Leasing (NAL)
What Is Net Advantage to Leasing (NAL)? Net advantage to leasing (NAL) refers to the total monetary savings that would…Read More »
What Is a Closed-End Lease? A closed-end lease is a rental agreement that puts no obligation on the lessee (the…Read More »
What is Dealer Financing Dealer financing is a type of loan that is originated by a retailer to its customers…Read More »
How to Get the Best Price on a New Car
Buying a new car can be a difficult process. There are many options out there, and varying prices online and…Read More »
Indirect Loan Definition
What Is an Indirect Loan? An indirect loan can refer to an installment loan in which the lender – either…Read More »
American Debt: Auto Loan Balances Hit $1.36 Trillion in 2020
According to the latest Quarterly Report on Household Debt and Credit from the Federal Reserve Bank of New York, Americans…Read More »
How Much Down Payment Is Needed for a Car?
If you’re in the market for buying a new or used car, you may wonder how much of a down…Read More »
New Wheels: Lease or Buy?
Buying a car can be overwhelming. In fact, the pleasure of getting a new car can be quickly clouded during…Read More »