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2018 Buick Enclave “Avenir” will have ionic air purifier - April 12, 2017
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Lease a Luxury Car for Less Than You Think - April 5, 2017
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Shopping for a Car When Your Credit is Low - March 31, 2017
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Aston Martin Closer to Unveiling Second-Generation Vantage - March 21, 2017
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2017 Bentley Bentayga SUV: Offroad for $238,000 and Up - March 14, 2017
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Pagani Huayra is Finally Here, Only $2.4M - March 9, 2017
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Mercedes AMG E63 – For When Your Wagon Needs Drift - February 6, 2017
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2018 Audi Q5 SUV: Enhanced Performance - January 30, 2017
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2018 Toyota Camry Due in Late Summer - January 27, 2017
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2018 Dodge Challenger SRT Demon Will Outstrip Hellcat - January 23, 2017
I Have Bad Credit. What Will My Interest Rate Be?
Q. I know I have bad credit, but I still need a car. My car recently died. How high of an interest rate can I expect to pay to buy a new car?
Ed J. – Houston, Texas
A. A typical 36-month, new car loan for someone with good credit will have an APR of 6.95%. Even though you have bad credit, it’s going to depend on how bad it is. If you have a credit score of 500-589, your rate will be 15.03% for a three-year loan; 590-619 will be 13.95%; 620-659 will be 10.62%; and 660-689 will be 8.75%.