Financial

Asked by Mar 21, 2017 at 08:35 PM

Question type: Shopping & Pricing

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

4 Answers

26,615

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.

Is anyone familiar with Wagner Finance?

254,705

Interest rates depends on the length of the loan, new or used vehicle and your credit rating. What is the rate through your local bank?

76,945

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

1 of 1 people found this helpful.

Your Answer

Shortcuts

Shopping & Pricing Experts

  • #1
    Tom Demyan
    Reputation
    16,120
  • #2
    F_O_R
    Reputation
    7,050
  • #3
    COMETGUY61
    Reputation
    5,840
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.