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2. Experts: These 5 Car Brands Are the Cheapest To Maintain - AOL

   www.aol.com/finance/experts-5-car-brands...

   On top of that, high interest rates have made loans so expensive that the share of buyers with monthly car payments over $1,000 climbed to a record-high 17.5% in the third quarter of 2023 ...

3. The Average Used Car Payment Is $200 Less Than a New Car ...

   www.aol.com/average-used-car-payment-200...

   With an average interest rate around 10.488%, you'll pay around $6,508.90 in interest over the life of the loan if you purchase a used car for $20,000 and pay $395.66 per month.

4. 4 charts that show how interest rates impact used car ... - AOL

   www.aol.com/news/4-charts-show-interest-rates...

   Interest rates play a crucial role in shaping the true cost of a used car. The more expensive the car, and the higher the rate, the more expensive the monthly payment will be.

5. Used car - Wikipedia

   en.wikipedia.org/wiki/Used_car

   A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers , rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.

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). 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. Indirect financing is arranged by the car dealership where the car is purchased.

7. 5 Reliable Used Cars You Should Buy Now Before They’re Gone

   www.aol.com/5-reliable-used-cars-buy-200433266.html

   As of 2024, there were just 11.4 million used cars 6 years old or newer available to buy at dealerships — a drop in 4.1 million from the 15.5 million used cars available in 2022.