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The annual Cleveland Auto Show is just over a week away, and we know you have a lot of questions about funding your new ride! Not to worry, we have the answers (and the Auto Show Special loan offer) you need to buy with confidence and drive off in style!
Your auto loan will affect your monthly budget the whole time you have it, so do some research carefully before signing on the line. Here’s all you need to know about auto loans.
How do auto loans work?
When you get an auto loan, you’ll have the funds you need to buy the car in one lump sum, which you’ll pay back a bit of each month, along with interest, over the term of the loan, which generally lasts 5-7 years.
Where do I apply for an auto loan?
There are two main sources for auto loans:
How high will my monthly payment be?
Your monthly payment amount is determined by several key factors:
How can I score the lowest interest rate on my loan?
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