Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is NOT a reason car dealers are offering longer-term loans? Multiple Choice The dealers will offer a lower, more attractive interest

Which of the following is NOT a reason car dealers are offering longer-term loans?

Multiple Choice

  • The dealers will offer a lower, more attractive interest rate with the longer-term loan to attract buyers.

  • Auto prices have been increasing.

  • "Add-ons" are easier to add on.

  • There is a demand for securitized car loans from investors.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Finance and Investments

Authors: William Brueggeman, Jeffrey Fisher

14th edition

73377333, 73377339, 978-0073377339

More Books

Students also viewed these Finance questions