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Will a dealership pay off a personal loan if you want to buy a new car?
Wiki User
∙ 20y ago
This is certainly something that can be negotiated with a dealer. It will depend on how much equity you have in the deal, how much money you may be borrowing on your new vehicle, etc. But if you make a it a condition of the deal, yes, it can be done under the right circumstances. You can learn more at dealertricks.com
Wiki User
∙ 20y ago
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Can an unsecured loan be used to buy a personal computer?
Many banks offer unsecured personal loans for people with great credit. If you need a fast personal loan check with bank of america or chase.
How can you get a loan without a credit check?
It isn't going to be a house loan most likely you would get a payday advance or a buy here pay here car dealership. Things of that nature but probably not a large amount.
Does the personal loan app affect CIBIL?
No, when u buy a loan by a personal loan app then you have to fill the amount before the tenure period of the time. The loan amount should be returned on time. When u returned the loan amount in the tenure time your cibil score does not affect by the app.Here are some of the Apps1. Mudrakwik2. Kreditbee3. LoanMart4. CashBean5. MoneyTap
What is the minimum FICO score needed to get a car loan at a dealership as opposed to a buy-here-pay-here lot?
I heard you should have at least a 680 to get decent interest rates.
Where to buy a calculator for auto loans?
You do not need to actually purchase a calculator for auto loans. Most often the dealership you are buying the vehicle from, or the bank you are getting the loan from, will have an auto loan calculator. The calculator will tell you the amount your payment will be for the duration of your auto loan. These can also be found online and are usually free.
How do you obtain a new auto loan?
You can apply for a new auto loan through your personal bank or the dealership that you buy your car through.
How do you get a loan to buy a auto dealership?
No. Not if you have the cash.
Who needs a loan?
People who can't save or don't want to save often get a loan to buy something. people who want to buy expensive items like a house usually get a loan.
Can an unsecured loan be used to buy a personal computer?
Many banks offer unsecured personal loans for people with great credit. If you need a fast personal loan check with bank of america or chase.
Can a car dealership take a trade in where a loan is not paid off yet?
yes, they buy out the loan, and if the vehicle is not worth what is owed the balance can be added to the amount being finaced on the new one
how does a buy here pay here car dealership work?
Basically, instead of going through the process of getting a loan from a bank, the dealership holds the lien and lets you pay them directly against what you owe.
What is the difference in interest between car loan and personal unsecured loan and which is better a car loan or personal loan?
personal loan have a higher interest rate than car loans beacause they are unsecured loans . In car loan the loan is used for only purchase car .In a car loan, the loan is only used to buy a car, but you can use it as personal items in a personal loan. Interest rates start at just 8.50 percent for a car loan, but can rise 16 percent based on one's credit score and credit history. Find out more, please click https://www.indialoanservices.in
Is a car dealership a secured creditor?
No, unless that dealership is of the buy and driver variety. Dealerships are that, a dealer in vehicles. Dealerships do not typically provide financing; this is typically the venue of the finance company. In the event the dealership is a buy and drive, then yes, they are a secured creditor. That is, of course, they are lax enough to not actually secure the vehicle they sold in the loan contract.
Where can I get a quick auto loan?
First start with a local car dealership. If that doesn't work then try your local bank, especially if you've had a long relationship with them. You can also try a buy here pay here dealership.
What are the advantages of buying a used car at an auction versus buying at a dealership?
The answer all depends on what you want. If you want security and peace of mind, then by all means buy from a dealership. If you want a great deal and aren't afraid of doing a bit of work mechanically, then you should buy at auction.
What are Auto Loans?
Any loan means you've asked for money-on-credit from a lender. An auto loan money-on-credit from a lender, usually a bank, credit bureau, or dealership, given specifically to buy a car, and typically to buy a certain car that you've already picked out before the loan was approved.
Where do you go to get a car loan?
There are numerous places to obtain car loans. Either the dealership you buy the car from or a bank or credit union can provide loans.
