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  2. 4 Affordable Cars With Monthly Payments Under $500 - AOL

    www.aol.com/4-affordable-cars-monthly-payments...

    Estimated monthly payment for 36 months: $458 The 2024 Jeep Compass Sport offers a compelling blend of performance and comfort, making it an attractive option for urban drivers and off-road ...

  3. Car dealerships in the United States - Wikipedia

    en.wikipedia.org/wiki/Car_dealerships_in_the...

    This means that the installment loan contracts are immediately "assigned" or "resold" to third-party finance companies, often an offshoot of the car's manufacturer such as GM Financial, Ally Financial, or banks, which pay the dealer and then recover the balance by collecting the monthly installment payments promised by the buyer.

  4. I’m an Auto Expert: These Are the 5 Best Cars for People Who ...

    www.aol.com/m-auto-expert-5-best-162719840.html

    There are many things in life that you need, like food, water, shelter, and an all-expenses-paid beach vacation (well, you can dream). But a monthly car payment shouldn’t be on that list.

  5. Common types of installment loans and their best uses - AOL

    www.aol.com/finance/common-types-installment...

    Installment loans typically come with lower rates than credit cards and lines of credit. Plus, interest can be fixed, which makes payments predictable — and easy to calculate before you borrow .

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.

  7. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...