Question: Next time you purchase a vehicle how do you plan on financing the purchase? Assume you have to borrow and will not be paying cash.
Next time you purchase a vehicle how do you plan on financing the purchase? Assume you have to borrow and will not be paying cash. Things to consider, will you borrow from the dealership, a bank, credit unit, or another financial institution? Will you sign up for a variable rate or fixed rate loan or addon loan or simple interest or installment loan? Will you make extra payments to pay off the loan early? When purchasing the vehicle will you be more concerned with the price of the vehicle or with the monthly payments?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
