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C.A.H.N founder / President
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Is it true that when choosing between a new and used car your interest rate will be lower on a new car than a used? Also is it easier to get approved for a new over a used? Thanks
 

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The new car carries a higher book value than a used car so the rate is typically a little lower, but it usually isn't enough of a difference to be concerned over (typically a point)
 
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