This is a number calculated for new autos by dividing the amount of the loan by the MSRP (Manufacturer's Suggested Retail Price), or in some cases invoice price. For used autos, divide the amount of the loan by the vehicle value published in a recognized auto pricing guide - for example, those published by Kelley Blue Book, Edmunds and or NADA Guide.
If you have additional questions that are not covered in this section, feel free to drop us a note at contact@myAutoloan.com.
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