What interest rate percent do dealerships charge for special financing?

1 ⤊

What interest rate percent do dealerships charge for special financing?

2007-03-15 15:57:26 · 3 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling

3 answers

The correct answer is whatever the states allow them to charge. Most states do have a max APR that they can charge. The only way they can get around the state max is if it is a "buy here pay here dealership" in which they need a special license to be able to do that.

2007-03-15 17:13:31 · answer #1 · answered by Jeremy P 3 · 1⤊ 0⤋

Special as in good or bad?

Good= 0%
Bad=29%

I have a feeling u mean the latter....

2007-03-15 23:00:32 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Whatever they want, the question is whether you're willing to pay it.

2007-03-15 23:01:55 · answer #3 · answered by bundysmom 6 · 0⤊ 0⤋