Auto Loan Question Tip

Buy Auto: A loan to finance the purchase of an automobile.

Refinance Vehicle: A loan to refinance a pre-existing loan for an automobile or a motorcycle.

Buyout Lease: A loan to buy a leased vehicle during or at the end of the lease term.

Lease Vehicle: An agreement to lease a vehicle for a specified term, at which time, you must turn in the vehicle or have the option to purchase it.