Why are car loans always secured with collateral?
O
Banks are unwilling to give out car loans unless the buyer has a big savings account.
O
Car loans build the depreciation of the car's value into the total cost of the loan.
O
Drivers are required to carry collision insurance on leased cars.
O
The car can always be repossessed if the owner stops paying off the loan.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Why are car loans always secured with collateral? O Banks are unwilling to give out car loans unless the buyer has a big savings account. O ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Emotional dissonance occurs when: there are no known emotional display rules for a particular situation. we experience conflict between the required emotions and our true emotions. we work with someone who has high emotional intelligence.
Answers (1)
The US Government is considering allowing mail in voting for the 2020 Presidential election in November. Do you think should be allowed? Why or why not
Answers (1)
What ocean does the prime meridian cross the equator
Answers (2)
Which of the following is considered part of a country's infrastructure? education job opportunities furniture hospitals labor
Answers (1)
Although Dan has a licensing exam to study for, he does not feel motivated to study. He decides that if he studies for three hours, he will go to his favorite yoga class.
Answers (1)
New Questions in Social Studies
The southern colonies practiced indentured servitude and slavery because cash crops such as tobacco and sugar required many workers. the fishing and shipping industries required many workers.
Answers (2)
Which president never lived in the white house
Answers (1)
Your 27-year-old sister finished college and is working and living by herself. You asked her how it feels to be on her own, and she told you she feels like she _.
Answers (2)
What was the first indian region to be incorporated into the islamic world
Answers (1)
This ethnic group is found in northern Iran northern Iraq and eastern turkey and was targeted by sadden Hussein in the 1990 when they wanted independence from Iraq
Answers (1)