UNDER THE HOOD
However, finance companies that lend more to subprime borrowers are not likely to have rate markup caps at all. Still, even the typical markup cap can still allow for nearly $1,700 in extra interest payments over the life of a typical new car loan. 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% 2.23% Higher % of Used Sales in Portfolio (+30%) No ... ................
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