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  2. Car dealerships in the United States - Wikipedia

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

    In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.

  3. Can You Make a Car Down Payment with a Credit Card? - AOL

    www.aol.com/car-down-payment-credit-card...

    More and more car dealerships are accepting credit card payments. However, using a credit card to fund a vehicle purchase is generally not a good idea due to the potential risks.

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

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

    In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3%, up from 6.9% in the first quarter. Moody’s cautioned that new delinquencies on both auto loans and credit ...

  5. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    The monthly payment amount is determined by the amount of the initial payment (the ‘deposit’), which can be negotiated with the financing company, and the final balloon payment, which is set by the financing company. The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [6]

  6. Buy here, pay here - Wikipedia

    en.wikipedia.org/wiki/Buy_here,_pay_here

    In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]

  7. The Secret to Never Having a Car Payment, Even on an ... - AOL

    www.aol.com/finance/secret-never-having-car...

    Car payments are expensive. The Experian State of the Automotive Finance Market Report for Q2 of 2024 shows that average monthly payments are $734 for a new vehicle and $525 for a used one. And ...

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