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  2. How to save for a car: A step-by-step guide - AOL

    www.aol.com/finance/save-car-step-step-guide...

    Advantages. Disadvantages. Leasing a car. May require little or no money up front. Monthly payments are often lower than car loan payments. Most manufacturers offer a warranty of three years or ...

  3. Is leasing a car better for older drivers?

    www.aol.com/finance/leasing-car-better-older...

    By using the vehicle for work, older adult drivers may be able to deduct a portion of the lease payment on tax returns, as well as the cost of vehicle upkeep and the vehicle’s depreciation ...

  4. 6 common car loan mistakes that cost you money - AOL

    www.aol.com/finance/6-common-car-loan-mistakes...

    What is a bad APR for a car loan? New auto loans had an average rate of 7.03 percent in the third quarter of 2023, according to data from Experian. People with excellent credit qualified for rates ...

  5. Ford Credit - Wikipedia

    en.wikipedia.org/wiki/Ford_Credit

    Ford Credit also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles. Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years. However, this upward trend may not last much longer as car sales continue to decline.

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2] There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly.

  7. Americans Well-informed on Automobile Retailing Economics

    en.wikipedia.org/wiki/Americans_Well-informed_on...

    AWARE is focused exclusively on auto financing education for students and adults. It provides free educational resources (including curriculum, calculators and worksheets, and brochures and wallet cards in English and Spanish) [2] to K-12 educators and organizations interested in increasing consumer understanding of auto loans and leases.

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