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Car buying double whammy: High prices, high rates. What you can do

Car buying double whammy: High prices, high rates. What you can do
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

Buying a car has become increasingly expensive, and many consumers are responding by taking out longer loans in an effort to manage their monthly costs. But extending a loan to seven years or more can end up costing buyers thousands of dollars in additional interest, and make it harder to trade i...

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