When you buy a new car, you can afford to finance the car loan over a _______repayment term to reduce your overall interest expenses if your down payment is _______.

Name: When you buy a new car, you can afford to finance the car loan over a _______repayment term to reduce your overall interest expenses if your down payment is _______.
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Question

Quizplus · Accepted Answer

A shorter repayment term reduces the overall interest expenses, and a greater down payment reduces the principal amount, further lowering interest costs.

When You Buy a New Car, You Can Afford to Finance