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Understanding Your Monthly Car Payment | Luther Kia


Welcome to part two of our series about understanding car loans! (If you haven’t already, you can check out part one here.)


This week, we’re looking at interest and amortization. These two things make up the difference between paying off a loan and paying for a car completely in cash (and are what make the process a little confusing).

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Understanding Your Monthly Car Payment | Luther Kia


For most car buyers, paying in cash for a vehicle isn’t an option. Car loans are a part of life for the majority of drivers and sometimes they can be confusing or overwhelming. Our two-part series aims to break down a few key principles of car loans to help you understand how car loans work to help you be the most informed buyer you can be!

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