How to get the best use of your car financing and vehicle loan
For the past five years, Yahoo Finance has been offering a dashboard-mounted car loan calculator, offering auto loan rates that are as close as you can get to actual cash value.
And now it’s expanding to auto loan terms.
But this new feature is really about how you want to leverage your car’s cash value when you’re borrowing money from Yahoo Finance.
Here’s how it works: On the first page, you’ll see the amount you can borrow.
Next, you will see the rate that’s available, and then you’ll click the green checkmark to “apply” to get a loan from Yahoo.
When you’re ready to get started, you can swipe your credit card to add the money to your loan.
Once you’ve done that, you’re presented with the amount of your loan that you can receive.
It will look like this:You’ll also be presented with your interest rate, the monthly payment, the interest rate for the loan you’re interested in, and the total monthly payment that you’ll receive, if the amount is correct.
Here’s how that looks on the left:That’s right, Yahoo says that the monthly amount you’re able to borrow from the calculator is based on how much you’re paying in interest, not on any other factors.
If you’re already in a mortgage or auto loan, the amount may be different.
And if you’re applying for a new car loan, you may want to make sure that you’re comfortable with the interest rates that you get, especially if you live in a place with high credit card interest rates.
This new feature, while an improvement over the current model, isn’t exactly the most useful.
Yahoo says it will only be useful if you have access to a vehicle loan calculator.
That means if you just want to look at the cash value of your current car, you won’t be able to see any of the options, including the rate, amount, and interest.
(We’ll have to wait for a response from Yahoo to see if it’s possible to access this information.)
But if you want more insight into how your car finance and vehicle loans are working, Yahoo is expanding the feature to auto loans that are more than 30 days old, and those that are over 30 months old.
We’ll update this post when the new feature rolls out.
To use this feature, you just have to swipe your card, open the Yahoo Finance app, and click “apply.”
You’ll be taken to a dashboard with options for your credit cards, auto loans, and loan amounts.
The only thing you need to do is swipe the “Apply Now” button and you’re done.
The Yahoo Finance Auto Loan Calculator is now available for iPhone, Android, and Windows.