Amount Financed

The amount financed is the portion of the total purchase amount that is borrowed from a lender in order to complete a purchase.

Related Articles:

• 7 Worst Auto Financing Mistakes, Ever
• The Right Questions to Ask Before Financing Your Car
• Improving Bad Credit by Financing a Car
• In-House Financing Tips: The Truth Behind “Approved” and “Approval”
• Glossary: Annual Percentage Rate (APR)