Lesson 6 - 7 Hidden Cost of Auto Loans
Explains the financial land mines buried in auto dealer financing offers.
So, you’re interested – make that, excited – by a car dealer’s 0% financing offer? Don’t be. Fewer than 10% of buyers qualify for the 0% or low interest rate offers. And you’ll probably save more money getting pre-approved at a credit union. This lesson explains the seven costs of an auto loan that can be hidden in the small print. Caution!
CBS News 7 Hidden Costs of an Auto Loan.
The Hidden Costs of Buying a Car.