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what's an apr?

So you've decided to take the plunge and get yourself a new set of wheels. You know the features of the different car models backwards and forwards; it's all this financing lingo that's making your head spin. Women.com can help you out here, with this article offering a plain-language explanation of APR (annual percentage rate) financing. Why did the author's number-crunching come up with such a different monthly payment than the car lot guy's did? Get the scoop here--it's good info to be armed with before you head out on your next auto-shopping excursion.

Tue, 14 Dec 1999 06:21:16 -0800