Financial

Asked by GuruZS2 Mar 21, 2017 at 08:35 PM

Question type: Shopping & Pricing

Intrest rate offered is 22.5.....that seems high to
me. Any thoughts.....?

3 Answers
101,575

KenF answered 7 years ago

That is high. Keep shopping or try talking to your own bank for a loan. It may help to save more for a down payment too.

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F_O_R answered 7 years ago

22.5 is loan shark territory. Look up the going rates for car loans. Most are down in the single digits.

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