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Car Loans


Cars and some expensive goods can also be considered debt with collateral, although usually the good will lose value over time. That’s not the primary reason those interest rates are low. Generally, car loans are done by the dealership or a close partner, allowing them to leverage the loan as an incentive to sell the car. Ever wonder why a car could have 0% interest for 6 years?
It’s because the dealership would rather pay one to two-thousand dollars of your interest than lose your sale to the competition.


  1. Cars and other promotional deals can have low interest rates.
  2. Usually loans are done in-house, or close partner.
  3. Can use the low interest as leverage to sell products.