Car Loan Interest Rates Explained (For Beginners)

Car Loan Interest Rates Explained (For Beginners)

HomeHonest FinanceCar Loan Interest Rates Explained (For Beginners)
Car Loan Interest Rates Explained (For Beginners)
ChannelPublish DateThumbnail & View CountDownload Video
Channel AvatarPublish Date not found Thumbnail
0 Views
Car loan interest explained (for beginners).
Check out LightStream Loans if you want to purchase or refinance: http://bit.ly/auto_loans_ls
(I can be compensated by LightStream through this link.)

Interest on a car loan can be very expensive or relatively cheap depending on your terms and the rate you qualify for. You really want to pay attention to your loan amount, interest rate, and loan term to determine how much interest you're willing to pay on the car loan. You can easily lower your car payment if you extend the loan term, but you'll pay more interest on longer loans. So if you qualify for a high interest rate, try to refinance as quickly as possible and don't take out a long-term car loan.

—————

Robinhood Free Stock (up to 200) with registration:
https://bit.ly/hf_robinhood

Webull up to 12 fractions of free shares (each 3 to 3,000):
https://bit.ly/hf_webull

M1 Finance (perfect for IRAs):
https://bit.ly/hf_M1_Finance

Instagram:
https://www.instagram.com/honestfinance/

Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking on the links (at no cost to you). This compensation may impact how and where links appear in this description. The content of this video is accurate as of the date of publication. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers.

—————

Honest Finance covers a wide range of financial topics that will add more value to your life and your finances. Subscribe today for future content and don't forget to like this video!

Disclaimer: I am not a financial advisor. These videos are intended for educational/entertainment purposes only. All investing involves risk, so please do your own research.

#honestfinance #carbuying

Please take the opportunity to connect and share this video with your friends and family if you find it useful.