When you finance a new car, you will end up paying more than the sticker price.

True

False

Answer:

True

Explanation:

When you finance a new car, you're taking out a loan to pay for it over time. While this makes the car more affordable upfront, it also means you’ll pay interest on the loan.

Here’s why you end up paying more than the sticker price:

For example, if a car costs $30,000 and you finance it over 5 years at 5% interest, you could end up paying thousands more in total.

So yes — financing means paying more than the car’s sticker price.