Auto Loans and Financing
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The Sims 2

If you buy a car for 28000 and pay 800 down in addition to the added fees are you financed on the remaining 27200?

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Wiki User
01/29/2007

Not Exactly. You Will Have To Carry Life Insurance, Probably Some Type Of Other Insurance, Plus Taxes, Filing Fees, Ect. Check Into It With You Dealer And Bank. Good Luck If you mean financed for the loan balance, that would depend upon whether or not the borrower qualifies for the loan amount, based on credit rating, income, etc. The buyer will be required to pay out of pocket, sales tax, licensing fees (registration, titling, etc.) and carry full insurance coverage until the vehicle is paid for, those are costs that are not included in the purchasing contract