When a car is financed, the winner is the person buying the car because they can drive it without paying the full price upfront. The loser is the person financing the car, such as a bank or lender, because they are taking on the risk of not being fully paid back.
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
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Depends on your insurance company.
Yes, trading in a financed car can potentially impact your credit score negatively if you have outstanding debt on the car loan that is not fully paid off during the trade-in process. This can affect your credit score by increasing your overall debt-to-income ratio and potentially lowering your credit score.
no you should be fine with the 75%
You can, should, and are legally required to register a financed car.
we have 13 wins and no loses
car is broken and needs major repairs but is still financed how do pay for the repairs
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Felix Wins and Loses - 1925 was released on: USA: 1 January 1925
six wins three losses
What is the average amount financed in an auto loan
its mostly by wins and loses..but kills and deaths tie in some..as do points..but mostly wins and loses.
73% of new car purchases are financed, according to this website: http://www.newcars.com/how-to-buy-a-new-car/auto-financing.html
You ALWAYS need insurance on a financed car, and it has to be full coverage. Doesn't matter what state you're in.
repossession
The idea that anything that one "player" wins, another one loses, and vice versa.The idea that anything that one "player" wins, another one loses, and vice versa.The idea that anything that one "player" wins, another one loses, and vice versa.The idea that anything that one "player" wins, another one loses, and vice versa.