What does apr mean when buying a car? Please help?

Question

Ok so I bought a car for 12,797 and my (apr) is 12.95% what does apr mean?

Answer

Well, there&rsquo;s the short answer and the long answer. The short answer is that APR stands for &ldquo;Annual Percentage Rate.&rdquo;   and by the way more apr is a bad thing

What does apr mean when buying a car? Please help?

Answers (1)