It’s exciting buying a new car. It’s also laborious. First, you must find the ideal vehicle. Then there’s the negotiation. And, finally, a deal is struck, and the paperwork begins. Part of that paperwork is the financing.
Although each financial institution has its requirements, there are some standard restrictions regarding an auto loan. There are also numerous fees. Most people just sign their name without paying attention to the details. But what’s in the fine print, and what is it costing you?