Things are just beginning to favor car buyers for once. Lending institutions are getting stricter about making loans on new car sales that are depreciating faster, decreasing their values quicker. That means a far more likelihood of cars getting upside down. Banks don’t want to be holding the bag for a car worth less than the loan. The bottom line is, to mitigate risk, higher interest rate loans are the norm right now.
- G'day! Want to sell your car? You're in the right place!
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