We don’t want any customer confused by the ever-changing terms.  We explain these to borrowers so you can make the best decision.

Annual Percentage Rate:          
APR is the interest charged on loan. APR includes not only the interest payable over the term but also other fees and charges that a lender adds to the loan.

Balloon Payment:
Balloon payment is due at the end of the loan term. The intention behind making a balloon payment is to save on the interest charges
Base Price:
The cost of the car with only the basic options

Cosigner:
Cosigner assumes responsibility for the payment of auto loan if the borrower fails to repay it.

Down Payment: