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– David McKay (editor) & team
Vehicle Finance Calculator
Deposits:
Many banks require a deposit of about 10%. |
Period of Payment:
You can usually decide to pay up your car in six to sixty months. Terms of 24 to 36 months are considered to be most common. |
Interest Rates:
This will depend on various factors, including the age of the car (banks usually require the car to be less than five years old), your history with the financial institution and other debts. |