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Vehicle Price
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Interest
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Down Payment
Interest
1550
Interest
Interest is the dollar amount the credit will cost you.
Estimated Total Cost(including down payment and interest)
31,550
Estimated Total Cost
The Estimated Total Cost is a summation of the Amount Financed, Finance Charge and Taxes and any cash down payment and/or net trade-in amount.
Vehicle Price
Vehicle Price
is the manufacturer’s and/or seller’s quote price for a vehicle, which is subject to change only by the seller himself.
Down Payment
Cash Down Payment
is a percentage of the vehicle's total cost that you will pay at the time of purchase.
Loan Tenure (Months)
Term
is the time period w.r.t. months, within which you are liable to completely pay-off the total cost of a vehicle, excluding the down payment done.
Bank Interest Rate
APR
is the sum of money charged annually, to the buyer of the vehicle by the lender, including the fees for providing a loan to buy his vehicle of choice.
