FINANCE

Financing is the amount it costs to borrow money for a vehicle purchase. Using data from multiple lending institutions, along with national averages provided by the financial industry, we calculate this “cost of money” to help determine overall cost of ownership. We have developed the standard factors below to enable effective comparisons.

 

FINANCE ELEMENTS

AMOUNT

Down Payment

15%

Loan Term

60 Month

Interest Rate

Varies by state

 

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