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Can a car dealership make you increase your payments per month due to a bank only allowing you to get a loan for 75 instead of 84 months?
The dealership is not the one increasing your payment. They are a messenger for the bank. Apparently the bank is reducing the term for any number of reason which could be anything from your credit worthiness to the type of car. They are doing you a favor and would do you an even bigger one if they would cut it to 60 months. To finance a car for 75 or 84 months is insane. In a few years when you are tired of the car keep in mind it will cost you a fortune to get rid of it due to the length of the loan you will be upside down (owe more than it's worth) for probable 4 years or more.
What else can I help you with?
Where do loan payments go on the income statement?
Loan payments are typically not shown on the income statement. Instead, they are recorded on the balance sheet as a reduction of the loan liability.
Can you provide an example of negative amortization?
Negative amortization occurs when the monthly payments on a loan are not enough to cover the interest due, causing the outstanding balance to increase over time. For example, a borrower with a negatively amortizing loan may make minimum payments that do not cover the full interest amount, leading to a growing loan balance instead of a decreasing one.
Are you interested in buying a car directly from the owner, rather than going through a dealership or third party seller?
Are you interested in purchasing a car directly from the owner, instead of using a dealership or third-party seller?
How do stocks earn interest?
Stocks do not earn interest like bonds or savings accounts. Instead, stocks earn returns through capital appreciation, which is the increase in the stock's value over time, and through dividends, which are payments made by a company to its shareholders out of its profits.
How can I get cheap car payments?
To get cheap car payments, you can consider buying a used car instead of a new one, negotiate the price with the dealer, shop around for the best loan rates, and make a larger down payment to reduce the monthly payments.
How can I get money for settlements faster, in a lump sum instead of payments?
You can get money for settlements faster, in a lump sum instead of payments at www.settlementpaymentsource.com. Another site is www.woodbridgeinvestments.com
Can alimony payments made directly to spouse instead of through the court be considered a gift instead of a payment?
If the payments do not go through the court, they are not counted as being made as ordered.
Can you go threw the dmv for your plates instead of the dealership?
In most places yes
Why repair and maintenance are not included in capitalisation of fixed assets?
Expenditures that increase the capacity or economic lifetime of an asset are capitalized, since they have 'future value'. Payments such as repair and maintenance do not increase the capacity, but instead, prevent the detoriation of the asset. In other words, these expenses are incurred so that the asset keeps its value.
Does dividend increase number of shares outstanding?
No, a dividend increase does not directly increase the number of shares outstanding. Dividends are cash payments made to shareholders from a company's profits, and increasing dividends means that the company is distributing more cash per share. However, if a company opts for a stock dividend instead, which involves issuing additional shares to shareholders, then the number of shares outstanding would increase.
Where do loan payments go on the income statement?
Loan payments are typically not shown on the income statement. Instead, they are recorded on the balance sheet as a reduction of the loan liability.
When should you put a capacitor in your car?
When a stereo system drains too much battery power, it is time to add a capacitor. The capacitor will not increase the battery, but instead will modulate it allowing for additional stereo usage.
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.
Where can I find a used Jeep?
You can buy a jeep from a used car dealership. There are even dealers that only sell Jeeps. Craigslist is a great place to check if you want to buy from a private owner instead of a dealership.
Can you provide an example of negative amortization?
Negative amortization occurs when the monthly payments on a loan are not enough to cover the interest due, causing the outstanding balance to increase over time. For example, a borrower with a negatively amortizing loan may make minimum payments that do not cover the full interest amount, leading to a growing loan balance instead of a decreasing one.
Are you interested in buying a car directly from the owner, rather than going through a dealership or third party seller?
Are you interested in purchasing a car directly from the owner, instead of using a dealership or third-party seller?
How do stocks earn interest?
Stocks do not earn interest like bonds or savings accounts. Instead, stocks earn returns through capital appreciation, which is the increase in the stock's value over time, and through dividends, which are payments made by a company to its shareholders out of its profits.
