Overhaulin'

high-mileage.jpg

high-mileage.jpg

Summary: same rate as a brand new car, but once vehicles start to get older then that you start to see the interest rate go up . Once a vehicle reaches ten years of age, the interest rates explode. Also keep in mind that the higher the mileage on a car, the higher the interest rate will be. Most lenders charge a steep interest rate for cars with more than 80,000 miles, and many don't

Image Dimensions: 240 x 174

Image originally found here.