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What is an advantage of equity financing over debt financing?
It's possible to raise more money than a loan can usually provide.
Which is an advantage of equity financing over debt financing?
One advantage of equity financing over debt financing is that it's possible to raise more money than a loan can usually provide.
Why is car dealer financing more costly than getting a loan from a bank?
There are many reasons why car dealer financing is more costly than getting a loan from the bank. It is more costly because car dealers are usually in the business of making large amounts of money.
Is it easier to get a home or auto loan?
It is easier to get an auto loan than a home loan. No matter which kind of loan your trying to get you should also compare several loan option to make sure you get the best home or auto loan available to you no matter what current financial circumstance you may have.
Why is it easier to get an FHA loan than it is to go through other channels?
The Federal Housing Administration insures the loan so that lenders are more likely to risk a loan since they they know they will not lose their money. This makes it easier for those with less than stellar credit to get approved.
What is the BMW lease rate compared to a bank loan?
When you lease a vehicle you are basically renting it for a period of time and financing a vehicle through a bank means you are purchasing the vehicle for personal ownership. The lease rate may be lower than a bank loan because it is short term ownership.
Will my credit score affect my lease price?
Yes, and even your ability to get a lease. Because of the lower down payment, a lease may be harder to get than normal car financing.
Should you get an auto loan or lease a car?
I think you should get an auto loan instead of leasing a car. You can get an auto loan easily at a lower interest rate and you would get a new car which would be your own . Where as in leasing a car you would get a used car and there are many other problems in leasing a car.AnswerThere are many benefits to a traditional auto loan. An auto loan is easier to understand and easier to shop for than an auto lease. The complexity of leasing makes it easier for dealers to take you for a ride. Another advantage of an auto loan over leasing is that you end up with a valuable asset that belongs to you ? the vehicle. After you have made all the payments on a traditional auto loan, you own the vehicle. In contrast, after you complete payments on an auto lease, you have to return the vehicle, lease it for an additional term, or find the money to purchase it. A traditionally financed auto loan is a fiscally more conservative approach than a lease. With the loan, you are investing in an asset; with a lease, you are not.Also, with a traditionally financed auto loan, you can set the level of body damage and liability insurance you want. A leasing company might require you to take a coverage limit or deductible level that costs more than what you would otherwise want.A big advantage of car leasing for some consumers is that you can generally arrange a lease that allows you to pay less per month for a given vehicle than you would pay with traditional financing for the same vehicle.Another advantage of a car lease over a loan is that you don't have to sell the car at the end of the lease. You can simply turn it in to the leasing company. If you know that you will want a new car after, say, three years, you can lease for that period knowing that you can easily get rid of the car at the end of the lease. You don?t have to worry what the car will be worth. In contrast, with a purchase, you have to trade in the car or sell it at whatever the market will bear.In some states, car leasing might seem to have an additional advantage: you pay taxes only on your payments, not on the full purchase price of the vehicle. That is true in the District (not in Maryland or Virginia). But this apparent advantage is generally roughly offset by the fact that the tax rate on lease payments is higher than the tax rate on a purchase. In the District, for instance, you pay a 10 percent rate on car lease payments and a six percent rate on the purchase price of an automobile.
What is an advantage of equity financing over debt financing?
It's possible to raise more money than a loan can usually provide.
Which is an advantage of equity financing over debt financing?
One advantage of equity financing over debt financing is that it's possible to raise more money than a loan can usually provide.
Is co-signing on a lease the same as co-signing for a car loan?
It is essentially the same but of course with a lease, your responsible for an amount agreed to be paid rather than paying back a loan.
Why is car dealer financing more costly than getting a loan from a bank?
There are many reasons why car dealer financing is more costly than getting a loan from the bank. It is more costly because car dealers are usually in the business of making large amounts of money.
Are there any benefits to having a GMAC Auto Financing Loan versus having a regular bank car loan?
Yes a GMAC auto financing loan enables customers to buy their car in a more flexible and user friendly way than a regular car bank loan. Interest rates are lower so it should be more affordable.
Is it easier to get a home or auto loan?
It is easier to get an auto loan than a home loan. No matter which kind of loan your trying to get you should also compare several loan option to make sure you get the best home or auto loan available to you no matter what current financial circumstance you may have.
Why is it easier to get an FHA loan than it is to go through other channels?
The Federal Housing Administration insures the loan so that lenders are more likely to risk a loan since they they know they will not lose their money. This makes it easier for those with less than stellar credit to get approved.
Can i finance or lease after repossession?
In many cases yes. While the repossession will negatively affect your credit rating, your record still indicates you have had credit. It is actually easier for those with bad creidt to get a loan than those with no credit. It will just cost you more in interest.
Are homes for lease easier to find than homes for sale?
The answer to this question depends on a lot of factors, including conditions in the area where you live. In general, right now I'd say it's a lot easier to find homes for sale than for lease since there are so many foreclosures on the market.
