REVscene Automotive Forum - View Single Post - Need advice on interest rates buying a used car from dealership

6793026 · 02-19-2019, 06:48 AM

7.18% is a LOT, then again it is a used car. To be honest, if this is the case, I would get a line of credit OR loan from family and friends and offer a lower interest rate.

In your situation, I would much rather get a used car that's 5k instead.

02-19-2019, 06:48 AM	#29
6793026 RS.net, helping ugly ppl have sex since 2001 Join Date: Apr 2004 Location: GTA, BC, HK Posts: 8,369 Thanked 2,931 Times in 1,280 Posts Failed 171 Times in 78 Posts	7.18% is a LOT, then again it is a used car. To be honest, if this is the case, I would get a line of credit OR loan from family and friends and offer a lower interest rate. In your situation, I would much rather get a used car that's 5k instead.