Meanwhile, Edmunds.com reports that the average price of a used car stands at $27,297. If you’re like many drivers, chances are you’re going to need some financing help in the form of a car loan.
Take the time to better understand how car loans work, the advantages and disadvantages of getting a vehicle loan, eligibility requirements, who offers car loans, steps involved in the process, what to consider carefully before signing on the dotted line, and alternatives to ponder by checking out my latest Refi.com article on this topic, available here.