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  2. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    The monthly payment amount is determined by the amount of the initial payment (the ‘deposit’), which can be negotiated with the financing company, and the final balloon payment, which is set by the financing company. The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [6]

  3. Electronic lien and title - Wikipedia

    en.wikipedia.org/wiki/Electronic_Lien_and_Title

    A drawback of ELT is that a holder cannot convert ELT to paper on a same-day basis in the majority of ELT states. Some states do offer an option for expedited printing. For example, in Ohio, a vehicle owner who wishes to sell a car that has an ELT must first have the lien released by paying the lienholder the remaining amount owed on the lien.

  4. UCC-1 financing statement - Wikipedia

    en.wikipedia.org/wiki/UCC-1_financing_statement

    A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).

  5. The Average Car Payments for New and Used Cars in 2024 - AOL

    www.aol.com/finance/average-car-payments-used...

    As with almost everything else, car payments became much more expensive in the last year, and 2024 isn't looking any better. Consumer Reports explained that the car market has become increasingly...

  6. Can You Make a Car Down Payment with a Credit Card? - AOL

    www.aol.com/car-down-payment-credit-card...

    Here are a few reasons why you should think twice before using your credit card for a car down payment. You'll Pay Higher Credit Card Interest Rates When you use a credit card to make a purchase ...

  7. Can You Make a Car Payment with a Credit Card? - AOL

    www.aol.com/car-payment-credit-card-211300653.html

    For example, if you charge your $500 monthly car payment on a credit card, you may only have to pay 10 percent or $50 this month, giving you a bit of a breather by providing more flexibility ...

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