Want this question answered?
You can get out of your car loan by selling the car you have. You can also return the car to the finance company.
The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.
YES.
how do interest rate calculated in a car loan finance by chase bank
Finance means you take out a loan to pay for the vehicle, then you make regular payments to repay the loan.
The lender does not care who the vehicle is registered under as long as the loan is being paid for on the terms of the contract agreement. i.e- if the loan becomes delinquent they are going to be calling the person who signed the loan, not the person who has it registered, however- if a vehicle is financed it SHOULD be in the person or persons who have the loan.
When you have paid off the loan the car becomes yours. When leasing a car it never becomes yours.
Home equity loan perhaps. No bank is going to finance a totaled car.
To obtain finance when buying a new car you can go to a bank and take out a personal loan or a car loan. Your local bank will be able to help you get financing.
You can get a car finance calculator from any car dealership. Also, any loan amortization calculator will be able to do the same job for you. You can get a loan amortization calculator from your bank.
First, you explain what "world finance loan company" IS; no such critter exists.
No. If you cosign on a car loan and the person defaults, the finance company can not take your house in this state. After the finance company seizes the car, both you and the other person would still owe the unpaid balance of the loan.