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In case you are shopping for a brand new automobile , very low (or no) finance rates can be found for credit worthy consumers. These charges are subsidized by the automobile manufacturer to assist the dealership sell cars. You may find that the charges are so low on a brand new car buy that the monthly payments for a new automotive are similar to these for a used automotive as a result of the interest price distinction is greater than the listing price difference. That’s why it makes sense to pay money for a used car (when you have the money) however finance a new automotive.

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