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Toyota Deals include $259 per month for 36 months with $0 due at signing on 2024 bZ4X XLE models, but this deal expires on July 1. Check the Toyota site for other trim discounts and cash ...
New Cars With Monthly Payments of $400 or Less. Unless otherwise stated, this table assumes a 6.84% interest rate (avg. for new cars) and a 60-month loan.
View the best lease deals and offers available for January 2025. Trucks, SUVs, sedans, and more are all on sale this month with great incentives.
Retail floor planning (also referred to as floorplanning or inventory financing) is a type of short term loan used by retailers to purchase high-cost inventory such as automobiles. These loans are often secured by the inventory purchased as collateral. [1] Floor planning is commonly used in new and used car dealerships. [2]
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.
DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending.