Sentences with phrase «rate than new cars»

Used cars are generally financed at a higher rate than new cars.
Also, used cars have higher interest rates than new cars.

Not exact matches

The average interest rate on a 48 - month new - car loan dropped to 4.1 % this summer from more than 7 % at the end of 2008, though it's changed little in the last two years.
All factors constant, newer and more spacious cars will attract more 5 - star ratings than older and less spacious vehicles.
There may be some restrictions on the age of the car, but if it is less than four years old, it should be able to qualify for late model or new car rates.
on the age of the car, but if it is less than four years old, it should be able to qualify for late model or new car rates.
In New York, car sharing start - ups like Lyft ignore labor, safety insurance laws and in China, the situation is no different except in one regard: taxi hailing apps in China are proliferating at a faster rate than in the U.S..
Ford, the second largest U.S. automaker, showed off its Fusion Energi plug - in hybrid and promised to start production of a new Focus EV that it expects to be «the first five - passenger, all - electric car to achieve more than a 100 miles per gallon equivalent (MPGe) fuel efficiency rating
With two more ratios than the current car's six - speed automatic, the new transmission helps the 3.0 T improve its EPA ratings from 18/16 to 19/28 mpg (city / highway).
Finance rates on loans for used cars may be higher than new or CPO vehicles, and a warranty may not be an option.
While it may be no quicker than the original i8 coupe, the Roadster does have all - new spring and damper rates, primarily to counter the car's 60 kg weight penalty but also to sharpen the dynamics, which they do to some success.
A lot of newer cars have so - called «thin - wall» cable that has much thinner insulation than the traditional stuff - the first time I saw that I couldn't believe it could take the rated current...
Crane notes comfort and convenience already rate higher than fuel economy as a purchase factor for new - car buyers.
The paint on the vehicle is in much better condition than when it was new but I will rate it a 8/10 because of the chipping on the fender and imperfections on the front bumper from kicked up rocks etc. mechanically and electronically not a thing is broken on the car or is there any hints of future issues.
Expected to be one of the most frugal SUVs on the market when it arrives here in late 2014, the new BMW X5 eDrive plug - in hybrid vehicle could use less petrol than the Toyota Prius, with the near - production concept car unveiled at the Frankfurt motor show in September sucking down juice at a rate of just 3.8 L / 100 km.
The new ratings demonstrate that small cars are much safer than they used to be.»
The entry - level DE and ES sport a 2.4 - liter, overhead cam, four - cylinder engine rated at 145 - horsepower - five horsepower less than the base Honda Accord, but 12 more than the base Toyota Camry, the two cars that will be the new Galant's toughest competitors.
Like some of the other top rated hybrid cars, the new Volt looks and drives more like a regular car, performance is respectable for an economy vehicle, and it handles better than most of its rivals.
So far, according to VW's PR rep, about half of new Golf R buyers have gone for the DSG, demonstrating not only a demand for the automatic, but also a manual - transmission take - rate far better than the industry average, even among performance - oriented cars.
Not many new cars can get a rating higher than that.
[58] Labelling the car a new «gateway» into the Mercedes - Benz brand with sales «beyond our optimistic expectations» by Mercedes - Benz, [59][60] Consumer Reports rates the CLA as «140 % worse than the average car» in the 2014 Annual Auto Reliability Survey.
Buy this car from only GBP 78 per week with NO DEPOSIT Finance at Competitive Rates;; This car is in fantastic condition throughout as you would expect for a premium car with less than 20,000 miles and only 1 owner from new.
Also, those who buy a pre-owned Lexus that has been certified qualify for new - car financing rates rather than the higher used - car financing rates through Lexus Financial Services, the automaker's financing subsidiary, Borst said.
Used - car financing rates typically are several percentage points higher than on new - car loans and used - car loans usually don't run as long as 60 months based on the simple fact it is a used car and some of its useful life is behind it.
New cars are more reliable and built better than ever, but it is a good idea to review sources like Consumer Reports or J.D. Power & Associates for their ratings.
Assembly of the Plymouth Prowler will begin around June 1, five months later than Chrysler Corp. had originally said it would start building the purple roadster.Meanwhile, the Prowler will be allocated first to dealers with high sales and customer satisfaction ratings, said John MacDonald, Chrysler's vice president of marketing.The cars will be shipped first to the largest markets, such as New York, Los Angeles, Texas and Detroit, he said.Although about 2,000 Prowlers will be built this year, not every Plymouth dealer will get one.
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The new Escalade is set to be one of the quietest and most refined cars ever made by General Motors, with a highway decibel rating far lower than the Chevy and even the GMC models.
That's a smidge swifter than the 3.3 - seconds Mercedes - AMG claims for the E63 S. EPA fuel economy figures aren't available yet for the new drivetrain pairing, but BMW officials says it will better the 14 mpg city and 20 mpg highway ratings the old car got with the dual - clutch.
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Insurance rates for pre-owned automobiles are a lot cheaper than those for new cars; since the value of a used car is generally thousands less depending on a couple of factors like: age, mileage, and condition.
The 50 - mpg figure is more than double the last Accord Hybrid's 24 - mpg city rating — that car was sold in the 2005 - 07 model years and then discontinued — and means the new car will be able to eek out 673 miles on a tank of gas.
If your new loan extends the number of months over which you pay for your car, your payments will be lower (assuming your interest rate is not higher than before refinancing or you do not finance too many additional costs into your new loan).
Usually getting a new car will increase your rate because it will be worth more than your old car.
New cars depreciate quickly, often decreasing in value faster than the rate at which you're able to pay down a car loan or lease.
The average interest rates on auto loans for used cars are generally higher than for loans on new models.
As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.
You will typically see higher interest rates for older cars than for newer cars.
When it comes to used cars, the rates for person - to - person or private auto loans invariably prove to be higher than those for a new car.
There's the likelihood of another car payment, and since the client has filed a bankruptcy case, the car will probably not be a newer model, and the interest rate for the car loan is going to be higher than one would like.
Loans for new cars will traditionally have lower interest rates than loans for used cars.
New car loans generally have lower interest rates because new cars are worth more than older caNew car loans generally have lower interest rates because new cars are worth more than older canew cars are worth more than older cars.
The factors that affect your costs include whether your car is new or used, the overall safety rating of the car, your driving record, your age and gender, and even your ZIP code, as certain areas tend to have a higher occurrence of accidents and claims than others.
At any rate, since used cars are worth less than new cars, and since used car buyers tend to be less affluent than new car buyers, banks typically charge a slightly higher interest rates.
However, if you owe more on your car than it is worth (perhaps you've refinanced and rolled - over an existing car loan into your new car purchase) and you find the payments too expensive, (for example, the interest rate is too high), you have an option to get out of the secured financing — the bank loan or lease — through a consumer proposal or bankruptcy.
If you're in the market for a used car, US Bank allows for vehicles with up to 100,000 miles, and it doesn't automatically generate used car interest rates that are higher than those for new cars.
Used cars tend to have higher interest rates than new vehicles due to their lower resale values and the higher risk associated with financing a car that's potentially less reliable.
Although interest rates for used car loans can indeed exceed those of a new car, refinancing can get you a lower rate than those who don't qualify for the typical zero - to - three percent interest rate offered by manufactures.
For example, you might think that you are up to date on your payments and that things are fine, only to be turned down for a new credit card or offered a higher than you expected interest rate on a car loan.
If you choose not to use the car - buying service, PenFed offers new - auto loans with rates as low as 1.49 % for three years and 1.99 % for 5 years — still less than half the national average.
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