Used Car Loans
Used car loan rates are generally higher then new car loan rates. The reason for this is because used car loans are not as
profitable for lenders as new car loans which normally involve more money. Also, with used car loans there is more risk as the vehicle is used.
Auto Dealer Financing
Getting a used car loan through a car dealer should always be your last resort as you can expect to pay a much higher loan rate than finding 
your own financing solution. Many finance companies that work with car dealers allow the dealer to mark up the interest rate by several percent. The customer is then told that they didn’t qualify for the lower rate loan, and the profit from the extra finance charge is split between the dealer and the lender.
Finding the Best Used Car Loans
As with new car loans, shopping around for a used car loan will find you the best rates. Applying for an auto loan online is quick and easy, and the process is completed in under 2 minutes. Within several hours you will receive a reply.