how auto loans work

How Auto Loans Work: Things You Probably Didn’t Know (But Should)

There are 50 times as many cars on US roads today than at this time last century. This is true despite the fact that the average cost of a car has more than doubled from an inflation-adjusted $14,480 in 1917 to $33,560 today. Most car salesmen probably don’t deserve the stereotype they are stuck with. …

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