I am thinking of purchasing a car, maybe new, maybe pre-owned. My credit scores are this, TU 525, EX 627, EQ 647. I am also self-employed.
Can someone guesstimate interest rates on new cars for this score range? Also guestimate on interest rates on pre-owned cars. I haven't purched a car in over 5 years.......and totally lost on where to start? I can only assume the dealership will pull all three bureaus?
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I seldom find myself in a position where I can predict APR, simply due to the many variables involved.
okay. I understand. But what is the highest APR you've seen for low scores. I am doing a loan calculator online and it asks the price of the car, length of loan and APR. I am trying to stay on a budget and want to know what price range based on APR.......
~30% when warrantied by the risk of the credit extension.
ouch, ouch, ouch!!!!!!!