{"version":"1.0.0","episode":{"title":"120 Month Car Loans Are A TRAP | Episode 1008","url":"http://getcarcurious.com/episodes/120-month-car-loans-are-a-trap-episode-1008","audioUrl":"https://pdrl.fm/3359a6/pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9/episodes/da108e87-aadd-40dd-ae2f-cf1393676775/audio/128/default.mp3?aid=rss_feed&awCollectionId=14b42e71-1f9c-41b2-944f-bc8f2b3a3cb9&awEpisodeId=da108e87-aadd-40dd-ae2f-cf1393676775&feed=gkrQ6WSC","description":"Today on CarEdge Live, Ray and Zach discuss the latest trends in automotive finance. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com\nfor information about our collection and use of personal data for\nadvertising.\n"},"annotations":[{"startTime":86.3,"endTime":93.6,"type":"term","title":"120-month car loans","url":"/glossary/120-month-car-loans","quote":"Now, Dad, the big topic for today's show, 120-month car loans. This is becoming more and more common, which is super concerning.","canonicalId":"term:120-month-car-loans","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A 120-month car loan is a financing option that allows buyers to pay off their vehicle over a period of 10 years. While it can lower monthly payments, it often results in higher overall interest costs and may lead to negative equity if the car depreciates faster than the loan balance decreases.","simplifiedExplanation":"A 120-month car loan means you have 10 years to pay off your car. This can make your monthly payments smaller, but you might end up paying more in interest over time."}},{"startTime":109.8,"endTime":114.06,"type":"term","title":"NADA","url":"/glossary/nada","quote":"This comes on the other side of all sorts of conversations at NADA, the National Automobile Dealers Association Conference.","canonicalId":"term:nada","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"NADA stands for the National Automobile Dealers Association, which is a trade organization representing car dealerships in the United States. They provide resources, advocacy, and education for dealers to improve their business practices.","simplifiedExplanation":"NADA is a group that helps car dealerships in the U.S. They offer support and information to help dealers run their businesses better."}},{"startTime":258.7,"endTime":259.4,"type":"term","title":"loan terms","url":"/glossary/loan-terms","quote":"...we're going to have longer loan terms and we're going to sell more extended warranties...","canonicalId":"term:loan-terms","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Loan terms refer to the conditions and duration of a loan agreement, including the length of time to repay the loan and the interest rate. Longer loan terms can lower monthly payments but may increase the total interest paid over time.","simplifiedExplanation":"Loan terms are the rules about how long you have to pay back money you borrow to buy a car. A longer loan term means smaller monthly payments, but you might end up paying more in interest overall."}},{"startTime":259.4,"endTime":262.6,"type":"term","title":"extended warranty","url":"/glossary/extended-warranty","quote":"...we're going to sell more extended warranties. That's what I'm just saying. It's as if this was written by the finance people...","canonicalId":"term:extended-warranty","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"An extended warranty is a service contract that provides additional coverage for vehicle repairs beyond the manufacturer's warranty period. It can help cover unexpected repair costs, giving peace of mind to vehicle owners.","simplifiedExplanation":"An extended warranty is like extra insurance for your car that helps pay for repairs after the regular warranty runs out. It can save you money if something goes wrong with your vehicle later on."}},{"startTime":286.3,"endTime":291.6,"type":"term","title":"extended service contract","url":"/glossary/extended-service-contract","quote":"...the probability that there will be a major repair that's going to need an extended service contract for their vehicle. That's all this is...","canonicalId":"term:extended-service-contract","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"An extended service contract is a type of warranty that provides coverage for vehicle repairs after the manufacturer's warranty expires. It can help cover major repairs and maintenance costs, offering peace of mind to vehicle owners.","simplifiedExplanation":"An extended service contract is like an insurance policy for your car that helps pay for repairs after the original warranty ends. It can save you money if something goes wrong with your vehicle later on."}},{"startTime":309.3,"endTime":316.0,"type":"term","title":"longer-term loans","url":"/glossary/longer-term-loans","quote":"...the idea of burdening people with longer-term loans is not the way you're going to grow the economy...","canonicalId":"term:longer-term-loans","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Longer-term loans refer to car financing options that extend over a longer period, often 60 months or more. While they can lower monthly payments, they may lead to higher overall interest costs and can keep buyers in debt longer.","simplifiedExplanation":"Longer-term loans are car loans that last for many years, like five or six years. They can make monthly payments smaller, but you might end up paying more in interest over time."}},{"startTime":316.0,"endTime":324.0,"type":"term","title":"60 months and 72 months","url":"/glossary/60-months-and-72-months","quote":"...bad enough when we went to 60 months and then 72 months for extended terms to keep people's payments at some affordable level...","canonicalId":"term:60-months-and-72-months","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"These terms refer to the length of car loans, with 60 months being five years and 72 months being six years. Longer loan terms can make monthly payments more manageable but may result in paying more interest overall.","simplifiedExplanation":"60 months means a five-year loan, and 72 months means a six-year loan for a car. Longer loans can make your monthly payments lower, but you might pay more in the long run."}},{"startTime":365.6,"endTime":372.8,"type":"term","title":"10-year note","url":"/glossary/10-year-note","quote":"...burden them with a 10-year note? And then on top of that, sell them a $4,000 extended warranty...","canonicalId":"term:10-year-note","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A 10-year note refers to a loan or financing agreement with a repayment term of ten years. This type of long-term financing can lead to higher overall interest costs and may not be ideal for all buyers, especially if vehicle longevity is uncertain.","simplifiedExplanation":"A 10-year note is a type of loan that you pay back over ten years. It can mean lower monthly payments, but you might end up paying a lot more in interest over time."}},{"startTime":398.5,"endTime":407.9,"type":"term","title":"interest rate","url":"/glossary/interest-rate","quote":"...so they're looking at 7.9%. Do that on a 10-year loan and see how much interest you're paying on that $50,000 minimum that you can finance.","canonicalId":"term:interest-rate","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The interest rate is the percentage charged on a loan or paid on savings, typically expressed as an annual percentage. It determines how much extra money you will pay back on top of the original loan amount over time.","simplifiedExplanation":"The interest rate is how much extra money you pay when you borrow money. It's usually shown as a percentage and affects how much your monthly payments will be."}},{"startTime":429.5,"endTime":433.6,"type":"term","title":"sales tax","url":"/glossary/sales-tax","quote":"...the same, the sales tax, the fees. We'll just keep it all the same for the purposes of this experiment. So $50,000 over a 60 month loan term...","canonicalId":"term:sales-tax","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Sales tax is a tax imposed by the government on the sale of goods and services, including vehicles. When purchasing a car, this tax is added to the total price, affecting the overall cost of the vehicle.","simplifiedExplanation":"Sales tax is an extra charge you pay when you buy something, like a car. It's a percentage of the car's price that goes to the government."}},{"startTime":462.6,"endTime":469.5,"type":"term","title":"monthly payments","url":"/glossary/monthly-payments","quote":"...your monthly payments now is only $604. Only? Only. You're actually paying back $78,404 for that vehicle.","canonicalId":"term:monthly-payments","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Monthly payments are the regular payments made to repay a loan. For car loans, these payments include both principal and interest, and their amount is determined by the loan amount, interest rate, and loan term.","simplifiedExplanation":"Monthly payments are the amount of money you pay every month to pay off a loan. When you buy a car with a loan, you make these payments until the loan is fully paid."}},{"startTime":469.5,"endTime":476.6,"type":"term","title":"amount financed","url":"/glossary/amount-financed","quote":"...that's more than half of the original amount financed you're paying back in interest.","canonicalId":"term:amount-financed","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The amount financed is the total amount of money borrowed to purchase a vehicle, excluding any down payment. This figure is crucial for determining loan terms and monthly payments.","simplifiedExplanation":"The amount financed is how much money you borrow to buy a car, not counting any money you put down at the start. It's important because it affects how much you pay each month."}},{"startTime":497.0,"endTime":505.5,"type":"term","title":"financing a vehicle","url":"/glossary/financing-a-vehicle","quote":"...foolish enough to finance a vehicle for 10 years. And we talk about depreciation.","canonicalId":"term:financing-a-vehicle","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Financing a vehicle involves taking out a loan to purchase a car, which is then paid back over time with interest. This can lead to long-term financial commitments, especially if the loan term is extended.","simplifiedExplanation":"Financing a vehicle means borrowing money to buy a car and paying it back over time, usually with extra fees called interest."}},{"startTime":497.0,"endTime":505.5,"type":"term","title":"depreciation","url":"/glossary/depreciation","quote":"...we talk about depreciation. We talk about everything else.","canonicalId":"term:depreciation","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Depreciation is the decrease in a vehicle's value over time, typically due to wear and tear, age, and market demand. Understanding depreciation is crucial for car buyers to make informed financial decisions.","simplifiedExplanation":"Depreciation is how much a car loses value as it gets older. Most cars lose a lot of their value in the first few years."}},{"startTime":505.5,"endTime":510.5,"type":"term","title":"negative equity","url":"/glossary/negative-equity","quote":"...negative equity. And people say, well, yeah, but negative equity doesn't matter if you're never planning on trading in the vehicle.","canonicalId":"term:negative-equity","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Negative equity occurs when the amount owed on a vehicle loan exceeds the car's current market value. This situation can make it difficult for owners to sell or trade in their vehicle without incurring a financial loss.","simplifiedExplanation":"Negative equity means you owe more money on your car than it's worth. If you tried to sell it, you'd have to pay extra money to cover the difference."}},{"startTime":687.3600000000001,"endTime":696.66,"type":"car","title":"Toyota Corolla","url":"/cars/toyota/corolla","image":"https://upload.wikimedia.org/wikipedia/commons/c/c6/1969_Toyota_Corolla_1200.jpg","quote":"Dear Savvy, Toyota says you can have it all with the Camry, the Corolla and the Corolla Cross.","canonicalId":"car:toyota:corolla","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Toyota Corolla is a compact car that is well-regarded for its affordability, reliability, and fuel efficiency. It has a reputation for being a practical choice for daily commuting and is one of the best-selling cars globally.","simplifiedExplanation":"The Toyota Corolla is a smaller car that many people choose because it's affordable and gets good gas mileage. It's a great option for everyday driving.","imageAttribution":"TTTNIS (CC0)"}},{"startTime":687.3600000000001,"endTime":696.66,"type":"car","title":"Toyota Camry","url":"/cars/toyota/camry","image":"https://upload.wikimedia.org/wikipedia/commons/b/bc/%28USA-Massachusetts%29_Private_Toyota_Camry_NJ-Z22UKZ_rear_2024-06-06.jpg","quote":"Dear Savvy, Toyota says you can have it all with the Camry, the Corolla and the Corolla Cross.","canonicalId":"car:toyota:camry","priority":0.5,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Toyota Camry is a midsize sedan known for its reliability, comfort, and fuel efficiency. It's one of the best-selling cars in the United States, often praised for its spacious interior and advanced safety features.","simplifiedExplanation":"The Toyota Camry is a popular car that many people buy because it's reliable and comfortable to drive. It has a lot of space inside and is known for being safe.","imageAttribution":"S5A-0043 (CC BY 2.0)"}},{"startTime":687.4,"endTime":692.4,"type":"car","title":"Toyota Corolla Cross","url":"/cars/toyota/corolla-cross","image":"https://upload.wikimedia.org/wikipedia/commons/0/0c/2022_Toyota_Corolla_Cross_L_FWD%2C_Front_Left%2C_11-21-2021.jpg","quote":"Dear Savvy, Toyota says you can have it all with the Camry, the Corolla and the Corolla Cross.","canonicalId":"car:toyota:corolla-cross","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The Toyota Corolla Cross is a subcompact SUV that combines the practicality of an SUV with the efficiency of a compact car. It offers more cargo space and a higher driving position compared to the standard Corolla.","simplifiedExplanation":"The Toyota Corolla Cross is a small SUV that gives you more room for passengers and cargo than a regular car. It's a good choice if you want something a bit bigger but still easy to drive.","imageAttribution":"Elise240SX (CC BY-SA 4.0)"}},{"startTime":957.7,"endTime":965.9,"type":"concept","title":"pre-owned car business","url":"/glossary/pre-owned-car-business","quote":"...they have to grow their pre-owned car business and they are willing to spend more earlier in the year to try and get ahead of that...","canonicalId":"concept:pre-owned-car-business","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The pre-owned car business refers to the market for used vehicles, which has been growing as more customers seek affordable alternatives to new cars. Dealers are increasingly focusing on this segment to meet customer demand and maintain profitability.","simplifiedExplanation":"The pre-owned car business is about selling used cars instead of new ones. Many people find used cars cheaper and more affordable, so dealers are trying to sell more of them."}},{"startTime":994.4,"endTime":999.6,"type":"concept","title":"new car business","url":"/glossary/new-car-business","quote":"...the hell with the new car business, that's going to be a struggle. The money to be made is in the switch from new car to used cars...","canonicalId":"concept:new-car-business","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The new car business involves the sale of brand new vehicles directly from manufacturers to consumers. This segment can be more challenging due to higher prices and changing consumer preferences, leading dealers to shift focus to used cars.","simplifiedExplanation":"The new car business is about selling brand new cars straight from the factory. It's often harder to sell new cars because they cost more money, so dealers are looking at selling used cars instead."}},{"startTime":1038.6,"endTime":1039.1,"type":"concept","title":"used car","url":"/glossary/used-car","quote":"...switch them into that used car that's going to allow you to make a bigger profit and keep their payment more affordable...","canonicalId":"concept:used-car","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A used car is a vehicle that has had one or more previous owners and is typically sold at a lower price than a new car. Used cars can vary widely in condition, mileage, and age, making them a popular choice for budget-conscious buyers.","simplifiedExplanation":"A used car is a vehicle that someone else has owned before. They usually cost less than new cars and can be a good option for people looking to save money."}},{"startTime":1061.8,"endTime":1062.3,"type":"brand","title":"Ford","url":"/glossary/ford","quote":"...the context of this conversation as well. The issue is the last word there, 2030, the number. This doesn't...","canonicalId":"brand:ford","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Ford is an American automotive manufacturer known for producing a wide range of vehicles, including trucks, SUVs, and cars. The company has a long history and is recognized for iconic models like the Mustang and F-150.","simplifiedExplanation":"Ford is a well-known car company in the United States that makes many types of vehicles, including trucks and sports cars. They have been around for a long time and are famous for models like the Mustang."}},{"startTime":1107.0,"endTime":1112.8,"type":"concept","title":"new car incentives","url":"/glossary/new-car-incentives","quote":"...the calculus here for new versus used has evolved a little bit, but Ford is going to try their best to bring more people back to the new car market by 2030. Okay, that's great. What are they doing between now...","canonicalId":"concept:new-car-incentives","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"New car incentives are promotions or discounts offered by manufacturers or dealerships to encourage customers to purchase new vehicles. These can include cash rebates, low-interest financing, or special lease offers, making new cars more attractive compared to used ones.","simplifiedExplanation":"New car incentives are deals that help make buying a new car cheaper or easier. They can include things like cash back offers or lower monthly payments, which can make a new car a better choice than a used one."}},{"startTime":1147.5,"endTime":1148.5,"type":"brand","title":"General Motors","url":"/glossary/general-motors","quote":"...bunch of signage for General Motors meetings, Subaru meetings, Ford meetings. What I would take from that is when Ford says...","canonicalId":"brand:general-motors","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"General Motors (GM) is one of the largest automobile manufacturers in the world, producing vehicles under various brands such as Chevrolet, GMC, Cadillac, and Buick.","simplifiedExplanation":"General Motors is a big car company that makes many different types of cars and trucks, including popular brands like Chevrolet and Cadillac."}},{"startTime":1160.3,"endTime":1161.3,"type":"term","title":"new models","url":"/glossary/new-models","quote":"...when Ford says, gee, we're going to bring out five new models under $40,000 by 2030...","canonicalId":"term:new-models","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"New models refer to the latest versions of vehicles that a manufacturer plans to release. These models often feature updated designs, technology, and performance enhancements compared to previous versions.","simplifiedExplanation":"New models are the latest cars that a company is planning to sell. They usually have new features and designs that make them different from older cars."}},{"startTime":1280.44,"endTime":1285.8,"type":"term","title":"out-the-door price","url":"/glossary/out-the-door-price","quote":"AI agents that contact car dealers to get out the door pricing for car edge pro users. We've got over 33,000 verified out the door price quotes from over 8,700 dealerships in the United States","canonicalId":"term:out-the-door-price","priority":0.9,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"The out-the-door price (OTD) is the total cost of purchasing a vehicle, including the vehicle price, taxes, registration fees, and any dealer fees. It represents the final amount a buyer needs to pay to take ownership of the car.","simplifiedExplanation":"Out-the-door price is how much you pay in total to buy a car. It includes everything like the car price, taxes, and any extra fees from the dealer."}},{"startTime":1305.9,"endTime":1313.3,"type":"term","title":"dealer fees","url":"/glossary/dealer-fees","quote":"The average dock fee nationwide dad is up to $512. The average add-ons, when dealers add add-ons to an OTD price, $1,206, about half the time, there are no add-ons.","canonicalId":"term:dealer-fees","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Dealer fees are additional charges that car dealerships may add to the cost of a vehicle. These can include documentation fees, preparation fees, and other administrative costs that are not part of the vehicle's base price.","simplifiedExplanation":"Dealer fees are extra charges that car sellers might add when you buy a car. They can include costs for paperwork and getting the car ready for you."}},{"startTime":1318.8,"endTime":1324.2,"type":"term","title":"transparent pricing","url":"/glossary/transparent-pricing","quote":"We are now scoring every single dealership nationwide for how transparent they are. You can see the distribution here of scores. A lot of dealers do operate transparently.","canonicalId":"term:transparent-pricing","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Transparent pricing refers to a pricing strategy where dealerships openly disclose all costs associated with a vehicle purchase, allowing buyers to understand exactly what they are paying for without hidden fees or surprises.","simplifiedExplanation":"Transparent pricing means that car sellers clearly show you all the costs when you buy a car. This way, you know exactly what you're paying for without any hidden fees."}},{"startTime":1368.9,"endTime":1370.0,"type":"term","title":"processing fee","url":"/glossary/processing-fee","quote":"At that time, the state capped processing fee, which is a dock fee in Maryland, was $100. Most dealers charged $99.","canonicalId":"term:processing-fee","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"A processing fee is a charge that dealerships may impose for handling the paperwork and administrative tasks associated with the sale of a vehicle. This fee can vary widely and may not always reflect actual costs.","simplifiedExplanation":"A processing fee is a charge that car dealers might add to cover the work they do to complete the sale paperwork. It's not always a necessary cost and can vary from dealer to dealer."}},{"startTime":1395.1,"endTime":1397.0,"type":"term","title":"dealer profit","url":"/glossary/dealer-profit","quote":"...there is no expense associated with them. That is just extra profit, pure unadulterated profit for a dealership.","canonicalId":"term:dealer-profit","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Dealer profit refers to the earnings that a dealership makes from selling vehicles, which can come from various sources, including the sale price, fees, and financing options. Understanding dealer profit is important for buyers to negotiate better deals.","simplifiedExplanation":"Dealer profit is the money that car dealerships make when they sell cars. This can come from the price of the car itself, as well as extra fees they might add on."}},{"startTime":1449.5,"endTime":1454.7,"type":"term","title":"OTD","url":"/glossary/otd","quote":"The most common add-ons across 32,000 OTDs, we've reviewed accessories.","canonicalId":"term:otd","priority":0.5,"confidence":0.9,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"OTD stands for 'Out-the-Door' price, which is the total cost a buyer pays for a vehicle, including the price of the car, taxes, fees, and any add-ons. It's important for buyers to understand this figure to know the actual amount they will spend.","simplifiedExplanation":"OTD means 'Out-the-Door' price, which is the total amount you pay for a car, including everything like taxes and fees. It helps you know how much money you'll actually spend."}},{"startTime":1449.5,"endTime":1454.7,"type":"term","title":"add-ons","url":"/glossary/add-ons","quote":"The most common add-ons across 32,000 OTDs, we've reviewed accessories.","canonicalId":"term:add-ons","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Add-ons refer to additional features or accessories that can be purchased along with a vehicle. These can include things like window tints, upgraded sound systems, or extended warranties, and they can significantly increase the overall cost of the vehicle.","simplifiedExplanation":"Add-ons are extra features or accessories you can buy when you get a car. They can make the car nicer but also add to the total price you pay."}},{"startTime":1462.5,"endTime":1469.6,"type":"term","title":"window tint","url":"/glossary/window-tint","quote":"The most common add-ons, Dad, have you seen this? No. The most common add-ons across 32,000 OTDs, we've reviewed accessories. We've seen that 627 times the average amount for accessories, $1,420. Window tints, the second most common, $540 on average for window tint, $529 times window","canonicalId":"term:window-tint","priority":0.5,"confidence":0.85,"source":"hybrid-fuzzy+gpt-4o-mini","data":{"explanation":"Window tint refers to a film applied to the windows of a vehicle to reduce glare, heat, and UV exposure. It can enhance privacy and improve the aesthetic appeal of the car, but there are legal limits on how dark the tint can be in many areas.","simplifiedExplanation":"Window tint is a film that you can put on car windows to make them darker. It helps keep the car cooler and gives you more privacy, but there are laws about how dark it can be."}}],"speakers":[{"id":"s1","name":"Ray","role":"host"},{"id":"s2","name":"Zach Shefska","role":"host"},{"id":"s3","name":"Bleav","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/120-month-car-loans-are-a-trap-episode-1008/transcript.vtt","type":"text/vtt"}]}