Victor bought a used car for 2,000. He made a down payment of 300 and will pay the dealership the remainder in 6 equal monthly payments. Ifp represents the amount of each payment, what is an equation that can be used to find this amount?A:300p = 2,000B:2,000 300 = 6pC:2...
题目 Emily bought a used car for 13,000. The down payment was 2,000 and she arranged to make regular payments for 24 months. What is an equation that can be used to find the amount of each payment (p)?A:13,000 + 2,000 = 24pB:2,000p = 13,000C:13,000 + 24p = 2,000D:...
The down payment amount is based on the Open Market Value (OMV) of the car. If the used car OMV is valued at ≤ S$20,000, you can loan up to 70% of the purchase price or valuation price, whichever is lower. If the used car OMV is valued at > S$20,000 loan you can loan ...
Enter you preferred down payment amount. Get an estimate on your trade-in vehicle, if you have one you that are ready to get rid of. Select who will be on the auto loan title- you, a co-buyer, or a business. Select your approximate credit score. ...
Find ways to add to the down payment amount. Ascertain the total monthly cost of owning a vehicle via online calculators and compare the number with monthly payments and your income. If thenumbers tell you to go for a used car, only then say yes. Remember that thorough understanding of the...
and down payment amounts for respective cars. For instance, in February 2022, Driverama announced the launch of online used car sales platform in Germany. The plan came when the company looked forward to expand its business potnetial in the German used car business. It announced that it will...
Unlike with new-car deals, there's a decent amount of leeway in used-vehicle pricing. A car that may be worth X to someone else may be worth less than X to you. While you can't easily point to a price on a comparable vehicle somewhere else, you can use what you know about genera...
20% down payment: Not being able to put down a 20% downpayment on your car may mean that you’re not ready for it yet. It’s also worth noting that these savings should be separate from your emergency savings. 4-year term or less: The longer you pay for your car, the more intere...
the instant loss can be 10% of the car’s value.1That’s because when you purchase a new car from a dealer, you pay the retail price. As soon as you’re off the lot, the car is only worth its lower, wholesale price. This is the amount that the dealer would be willing to pay...
When a new car leaves the dealership, it comes with an original warranty that provides bumper-to-bumper and powertrain coverage for a predetermined amount of time or number of miles. Many new cars come with a 3-year/36,000-mile bumper-to-bumper warranty and a 5-year/60,000-mile powertra...