I'm helping a friend buy a car, but I don't have experience dealing with trading in a car or buying on finance.
1. How does the trade-in work? Do you just bring your pink slip and drop the car off? I'm planning to have it traded in for exactly the KBB price.
2. She has no credit history, so we predict the APR to be around 13.5%. Say if she paid it off in 12 months, can she avoid the APR interest?
1. How does the trade-in work? Do you just bring your pink slip and drop the car off? I'm planning to have it traded in for exactly the KBB price.
2. She has no credit history, so we predict the APR to be around 13.5%. Say if she paid it off in 12 months, can she avoid the APR interest?
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