Are the cars purchased outright or financed?
Are the car for purchase by individuals? Are the cars purchased outright and
paid in full or are there financing options?
You can finance anything provided it has value. Really depends on the interest rate and terms whether it's a good idea. Contact your local credit union for the best auto loan rates.
Buying from an individual you always pay cash.
Contact the seller for the details, Cargurus does not sell or finance vehicles.
enginecreator-. Whenever you finance a car through a credit union or any other loan company, they write a check for the full amount to the purchaser and the borrower pays back the loan company with monthly payments. The loan company holds the title to the car until it's paid off...if you default on the loan, the financial institution takes the car.. the car is collateral.. that's how it works....
This site is not a lender nor are the sellers unless they state so. The rest are bought outright.
Mark I fully understand how the process works, but thanks for the update.
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