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Is there a chart lenders use to determine what the interest rate will be for whatever year the vehicle is?In: Car Buying |
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Most lenders have a "rate sheet" that lists what rates are available for loans based on the age of the vehicle and the credit of the buyer. The older the vehicle, the higher the rate.
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First answer by Jim Carty. Last edit by Jim Carty. Question popularity: 40 [recommend question]
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