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“I don’t know my credit score”: When it comes to car sales, buyers with lower scores might get offered higher interest loan rates than buyers with good credit. Don’t count on the dealer to ...
With rising home prices in the years from 2000 to 2007, lenders were willing to accept smaller or no down payment (either through 100% financing, seller-assisted down payment assistance, government down payment providers or by providing a combination of an 80% first and 20% second mortgages) so that more individuals could purchase homes as ...
A down payment of 20% on a new car or 10% on a used car is usually sufficient, though your credit score can affect this. The size of your down payment largely depends on the value of the vehicle ...
In response, Webb threatened to sue for his $2,000 down payment, but that garnered little response. "They were so nonchalant, like whatever, take us to court. You probably ain't going to see your ...
Since most states have requirements for a dealer to warranty or even guarantee a used vehicle for a certain amount of time and or mileage if sold to the public at a certain price, [10] a dealer must make a profit selling the previously traded car (now a used car). Trade-in value is an important facet of the car deal.
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
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