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Yes, your loan along with any down payment would pay for the car and loan finance charges (interest). Any other charges such as taxes, registration, title fees, tags, insurance, inspections, and maintenance are on you.

When you take a loan it is from the bank. When you sign the loan the bank gets your car's title and pays the price of the car to the dealership you buy it from. So than you make the payments to the bank who charges you interest, because it lend you money. So in the end you pay for the car and the interest which is all combined into 1 monthly payment.

Yes. The vehicle and all fees charged at the time of purchase.

When the car loan is payed off in full the lender will sent you the title for the car

Then the car will be yours

nicely, I wouldnt spend each penny you've contained in the commercial employer to pay it off. What in case you fall sick or damage and cant paintings? you should have an emergency fund (they are putting forward about 6 months worth of costs) kept up. outdoors of that although, convinced, frequently paying off a loan like this as rapidly as possible is a good theory. so a techniques because the insurance, the insurance organisation may pay the quantity that your vehicle is worth if it were given totaled. see you later as you nonetheless have a loan, they could deliver the quantity that you own to the commercial employer to pay off the loan, and also you are able to get to keep some thing else, if there is any left. If the vehicle is worth decrease than you owe and also you complete it, its possible you may ought to pay some money to the commercial employer, exceptionally pondering that in case you've some form of deductible.

Yes the loan is to pay for the car. Any other expenses are separate (insurance, gasoline maintenance)