How do you calculate LTV on a car?

How do you calculate LTV on a car? Your LTV for your car loan is simply the ratio of your loan amount to the market value of your car. LTVs are usually expressed in percentages. So, if you borrow $20,000 to buy a $20,000 car, your LTV will be 100% [100% = $20,000/$20,000]. What is … Continue reading How do you calculate LTV on a car?