Auto Finance

What you will need to know about financing a vehicle purchase

What is equity on a car?
April 2, 2025

What is equity on a car?

In this article: Defining car equity The benefits of positive equity The difference between positive and negative equity When it comes to words associated with car ownership, equity is one of the top terms it’s good to be familiar with….

4 differences between new and used car financing
March 18, 2025

4 differences between new and used car financing

When deciding whether to buy a new or used car, price is usually one factor high up the list. The average transaction price for a new vehicle was $47,465 in 2024, about $20,000 more than for pre-owned, according to Edmunds,…

Leasing vs. buying – which option is better for you?
January 22, 2025

Leasing vs. buying – which option is better for you?

You have a choice to make. When you’re ready for your next vehicle you can take the traditional road to purchase – and finance – as millions of people do every year. Or you can lease, which accounts for about…

When do you get your title after paying off your car loan?
January 10, 2025

When do you get your title after paying off your car loan?

You’ve made your final vehicle payment – congratulations! That is an exciting step as a vehicle owner, and one you should be proud of. How do I get my title after paying off my car? Now, you may be wondering…

Use auto finance calculators to estimate your car loan
November 22, 2024

Use auto finance calculators to estimate your car loan

Car budget calculators. These tools can be a helpful asset for digging into one’s finances and supporting financial health. Especially when used before you purchase your next vehicle. The car budget calculators, or auto finance calculators, in the Learning Center at…

Understanding APR vs. interest rate for auto loans
October 28, 2024

Understanding APR vs. interest rate for auto loans

Financing a vehicle purchase offers a convenient and affordable way for many people to get on the road. In return for those benefits, there are some borrowing costs involved and two of the most important are interest rate and annual…