even if i have a trade in.
2007-03-08 13:41:32 · 4 answers · asked by nickaid121206 1 in Cars & Transportation ➔ Buying & Selling
normally, yes. you're likely to get a better rate too.
2007-03-08 13:56:53 · answer #1 · answered by schizophreniabeatsdiningalone 5 · 1⤊ 0⤋
Yes!
But that's for me; it depends on your credit situation and how much money you're putting down.
I had very bad credit before so the only way I could finance a car was from a high risk financer where I pay huge interest unitl I can establish better credit and show I pay on time before I transferred it to a bank with lower interest.
If you have great credit, then it doen't matter and I would say get a new car becasue then you'll save on maintenance costs down the road.
2007-03-08 13:51:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
doesn't matter. if you get a new car you will have to finance a larger amount. but if you get a used car, the interest rate may be higher. either way, there are pros and cons.
2007-03-08 13:45:17 · answer #3 · answered by morequestions 5 · 0⤊ 0⤋
yes used car has to be paid off faster
2007-03-12 03:06:19 · answer #4 · answered by big b 1 · 0⤊ 0⤋