The actual amount of money borrowed to cover the car's price.

Lower monthly payments, but you may pay thousands more in interest over time. πŸš— Types of Financing Options Where you get your loan can change the terms significantly.

I can then estimate your and the total interest you would pay! AI responses may include mistakes. Learn more

If a new car is totaled, standard insurance only pays the "market value." Gap insurance covers the difference if you owe more than that value.