Auto Loans
-
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 » -
Special Financing
What Is Special Financing? Special financing is a segment of the auto lending industry for borrowers with a limited or…
Read More » -
Lease Balance
What Does Lease Balance Mean? Lease balance is the amount of money that a customer owes under the terms of…
Read More » -
Subvented Lease
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 » -
Closed-End Lease
What Is a Closed-End Lease? A closed-end lease is a rental agreement that puts no obligation on the lessee (the…
Read More » -
Dealer Financing
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 »
