Is it true that the interest rate on a used car is always higher than the interest would be on a new one?

Question:


Answers:

Cute, affordable, dependable car for teenage girl?

Yes, it is an incentive car dealers have worked to get more new car sales. Also used cars are just that, used. So the banks try to get more money from the loan because it is usually smaller, and on a vehicle that might not be as reliable or have a warranty.

Work at home business is worh to pay S40.00 up front.?

yes

Best SUV for growing family that is used?

Most of the time YES...Lot of factors on why but you can get 0% intrest on new cars some months..Mainly it depends on your credit and a cosigners credit (if needed)

Can a new car be sold before the first note is due?

yes - usually a point or so higher
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