Why Used Car Installment Interest Rates Are Higher Than New Cars

Hobby

I'm looking for new cars, used cars, lump-sum payments, installments, etc. to buy a car, but what's strange is that the interest rate on used cars is higher than that of new cars

190 3 8 years ago

popular Let's go!

pu1. I heard that used cars have higher interest rates because the price of used cars falls faster than new ones

2017-12-19

pu2. In the case of new cars, isn't it because the automobile company connected such financial products?

2017-12-19

pu3. Thanks for letting me know!

2017-12-19

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