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  2. Car buyers’ bills in question after Houston-area Mitsubishi ...

    www.aol.com/finance/car-buyers-bills-houston...

    Car insurance premiums in America are through the roof — and only getting worse. But less than 2 minutes can save you more than $600/year 5 minutes could get you up to $2M in life insurance ...

  3. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    This option, but not the obligation, to acquire the car after a period equivalent to a contract hire is therefore packaged as either an option (in law) to purchase the car (a call option) at a 'set' price, or a right to sell the car (a 'put' option) at a set price after ownership is fully achieved from the final ‘balloon’ payment.

  4. Novated lease - Wikipedia

    en.wikipedia.org/wiki/Novated_lease

    A novated lease is a motor vehicle lease which has been novated, that is, the obligations in the contract have been transferred from one party to another.. A lease is novated with a three way agreement (Deed of novation) between the lessee, the lessor (usually a finance company), and a third party, under which all parties agree that the third party will take on some or all of the lessee's ...

  5. Title retention clause - Wikipedia

    en.wikipedia.org/wiki/Title_retention_clause

    A retention of title clause (also called a reservation of title clause or a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until the buyer fulfils certain obligations (usually payment of the purchase price).

  6. Can’t Afford Your Car Payment Anymore? 9 Things You ... - AOL

    www.aol.com/t-afford-car-payment-anymore...

    A 2023 report from Moody's Investors Service indicates that new auto loan delinquencies are on the rise. In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3%, up ...

  7. Car Buying Hack: Starting in 2024, You Can Use the EV Tax ...

    www.aol.com/car-buying-hack-starting-2024...

    Up until five days ago, car buyers had to wait until they filed their federal income taxes to receive the benefits of the federal electric vehicle (EV) tax credit.However, changes to EV tax breaks ...

  8. Mergers and acquisitions - Wikipedia

    en.wikipedia.org/wiki/Mergers_and_acquisitions

    Such contracts are typically 80 to 100 pages long and focus on five key types of terms: [16] Conditions, which must be satisfied before there is an obligation to complete the transaction. Conditions typically include matters such as regulatory approvals and the lack of any material adverse change in the target's business.

  9. Takeover - Wikipedia

    en.wikipedia.org/wiki/Takeover

    If a takeover of a company consists of simply an offer of an amount of money per share (as opposed to all or part of the payment being in shares or loan notes), then this is an all-cash deal. [ 11 ] The purchasing company can source the necessary cash in a variety of ways, including existing cash resources, loans, or a separate issue of company ...