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Reply to "Give me all of the tips for buying a car!"
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[quote=Anonymous]The interest rate may not be that bad. I bought a new car a year ago and it was only 2.9%. The interest rate on a used car will be higher. Skipping financing will save you an hour in the finance office. Ask about penalties for paying off early. I think it varies by state. We bought in VA and were informed there was no prepayment penalty. [/quote]
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