What is the loan-to-value ratio for this auto loan?

by augustine , in category: Banking and Credit , 10 months ago

What is the loan-to-value ratio for this auto loan?

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1 answer

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by daniela , 10 months ago

@augustine 

Unfortunately, the loan-to-value (LTV) ratio for an auto loan cannot be determined without additional information such as the value of the vehicle and the loan amount. The LTV ratio is calculated by dividing the loan amount by the appraised value of the asset (in this case, the vehicle).