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It depends on how much the car costs, your down payment, and how much you are making. If you have a good plan to pay it off, it should not be too difficult.
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∙ 12y ago
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Is the interest on used car loans higher than the interest on new car loans?
The interest on used car loans are definitely higher than new car loans.The rate is higher because the car is usually not bought from a car sales house
Do car equity loans affect other loans?
In general, car equity loans should have no affect on other loans that one is receiving. Different loans are usually treated differently and from different companies.
Where can one get used car loans in the United States of America?
You can get used car loans in the United States of America through your local credit union, bank and through the dealer directly. The credit unions and banks will usually get you a better interest rate.
Where can you find information on used car loans?
Information on used car loans can be obtained by contacting a used car dealership in ones area. Dealerships often handle the financing and will have a representative to answer any concerns one may have.
Do used car loans have high interest rates?
Whether your used car loan has a high interest rate depends on who you talk to or ask. Although, yes, used car loans have medium to high interest rates.
What are the advantages of used car loans?
Used car loans have the advantage over new loans simply because there are more banks and other financial services willing to work with the individual either with apr or the amount of the loan. There are also a lot more lenders out there that finances used car loans. there are many advantages of used car loan but the major one it is puts more emphasis on the principal of the loan amount as the interest.
Does Wells Fargo offer good auto loan rates?
Wells Fargo does offer good auto loan rates. Rates start at 5.24% for new car loans and 5.99% for used car dealer loans and for used car person to person loans.
Is it possible to get guaranteed car financing for new and used car loans?
Yes, it is possible to get guaranteed car financing for new and used car loans. However, not many companies give out this guarantee. Some may be able to, such as CarMoneyFast.
Does Wells Fargo Financial offer auto loans?
Wells Fargo Financial does offer auto loans. They have many options including used car loans, new car loans, and auto loan refinancing depending on your loan needs.
Is it possible to get Guaranteed Auto Loans with No Money Down and how?
I don't know what you mean by "guaranteed auto loans". Usually the phrase is used by used car dealerships and means that the dealership will either finance the car internally or has a relationship with a lender who has agreed to finance car loans no matter how bad someone's credit is (usually at very high rates) if the "usual" lenders balk.In general, you do not want such a loan. You'll either pay much much more in interest than you should (best case), or you'll wind up defaulting and lose the car, plus still owe money.
Do you make car title loans?
Do you make car title loans
Where can one find information on car loans?
The first place to start with car loans is at a local dealership. They usually have all the information regarding financing thru their company. Check with local banks for outside financing.
