What Is an Auto Loan and How Does Financing a Car Work?

Cars are expensive, so most buyers finance them. They use auto loans to do that. But an auto loan adds a new set of wrinkles to the already annoying car buying process. To avoid getting taken for a ride on your next car purchase, learn how auto loans work and how to avoid their pitfalls.

The post What Is an Auto Loan and How Does Financing a Car Work? appeared first on Money Crashers.

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