Perhaps you’ve heard some things about car loans from a good friend or family member. You may have even read a few things about auto loans that just don’t seem true. There are a lot of myths about car loans and this list will set the record straight.
Sticker Price/Full Price
Drivers purchasing an automobile don’t have to get a car loan for the full price of the car. In fact, it behooves many motorists to put down a sizable down payment to lower monthly payments. Also, a driver can get a better car loan rate with a reasonable down payment.…
