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It’s a significant risk for auto lenders when the amount financed in a loan is higher than what the vehicle would sell for at auction, according to Bill Liatsis ... but also the lender’s repossession ...
A car is an expensive purchase, but choosing the right lender can save you thousands of dollars in interest charges and fees. Plus, you want your car shopping experience to be easy and transparent ...
Insuring your car has never been more expensive: According to the Department of Labor's Consumer Price Index, average premiums for auto insurance jumped 16.5% between August 2023 and 2024.