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Why is interest rate on car loans so much more than mortgage rates?
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Date: August 6th, 2020 11:25 AM Author: Startled spectacular preventive strike (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714608) |
Date: August 6th, 2020 11:45 AM Author: 180 half-breed organic girlfriend i imagine securing the loan is much less risky with a house than with a car. the bank ensures adequate insurance on mortgaged homes, and they never up and disappear. (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714699) |
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Date: August 6th, 2020 12:43 PM Author: sadistic slimy range you can literally drive a car away (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714949) |
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Date: August 6th, 2020 12:44 PM Author: 180 half-breed organic girlfriend exactly. (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714953) |
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Date: August 6th, 2020 12:45 PM Author: Canary Vigorous Gunner (dorothy (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714960) |
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Date: August 6th, 2020 12:47 PM Author: 180 half-breed organic girlfriend remind your carrier to check their natural disaster lol idgaf reinsurance coverage. (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714969) |
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Date: August 6th, 2020 11:59 AM Author: High-end cruise ship sweet tailpipe riskier asset and riskier owners. you can't steal a house or destroy it while texting. (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714752) |
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Date: August 6th, 2020 12:37 PM Author: Purple Sanctuary Knife you can switch out VINs and repaint a car, then sell it across the country...not so easy to do with a house. (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714911) |
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Date: August 6th, 2020 12:37 PM Author: multi-colored sex offender They aren't lower with good credit. You can get an auto loan for less than the cheapest 15 yr mortgages.
If you extrapolate the rates out, it's clear that a 15 yr auto loan (if it existed) would be at a higher rate than a 15 yr mortgage, but that's explainable by the differing quality of security (rapidly depreciating asset vs slowly appreciating asset). |
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Date: August 6th, 2020 12:43 PM Author: Angry gas station idiot are u seriously asking why an unmovable appreciating asset like a house gets a lower interest rate and is deemed lower risk than a depreciating asset that u literally drivde everywhere?
holy fuck xoxo 2020 |
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Date: August 6th, 2020 12:45 PM Author: Canary Vigorous Gunner explain STUDENT LOAN RATES then (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714961) |
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Date: August 6th, 2020 12:51 PM Author: Angry gas station idiot they're not dischargable in bankrupty court. holy fuck do u read anything? do u live in america? (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714999) |
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Date: August 6th, 2020 12:56 PM Author: Canary Vigorous Gunner u can just flee country for 7 years bro (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40715021) |
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Date: August 6th, 2020 12:57 PM Author: Angry gas station idiot i'm telling u why the rates are low
u can also burn down ur house and go to thailand
the fuck u talking about |
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Date: August 6th, 2020 12:58 PM Author: Canary Vigorous Gunner im just fucking witchubro
also rates arent low lol, they are higher than auto loans |
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Date: August 6th, 2020 12:55 PM Author: Lascivious Charcoal Liquid Oxygen What are you asking for an explanation about, how our political system sets interest rates on government loans? (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40715017) |
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Date: August 6th, 2020 12:45 PM Author: well-lubricated fiercely-loyal ceo theater stage You can't crash a house. (http://www.autoadmit.com/thread.php?thread_id=4598659&forum_id=2#40714962) |
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Date: August 6th, 2020 12:48 PM Author: Purple Sanctuary Knife look at this 3 bedroom that cut off an acura
https://townsquare.media/site/385/files/2019/10/paterson21.jpg?w=980&q=75 |
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Date: August 6th, 2020 12:58 PM Author: big abode My most recent auto loan was at 3%
Current mortgage rates for a 15 year fixed are around ~2.5% or so
It's not materially higher unless you are a bad credit |