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"Financing A Used Car" Just as with new cars, you can finance the purchase of a used car. First, you should shop around for the best deal from banks or other finance companies. Compare interest rates and terms.In general, interest rates are higher for used cars than for new cars. Avoid high-interest rate "tote the note" or "buy here, pay here" used car lots that deal with buyers with bad credit. In addition to high interest rates, these operators frequently charge much more than the car is worth. |
