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Financial FAQs Page

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Most lenders will not approve a used car loan unless the RC is transferred into the buyer’s name.
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You can start the used car loan process before finalising the car, but not every lender is comfortable with it.
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Many lenders do finance pre-owned luxury cars, but the process can be slightly different from a regular used-car loan.
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Most lenders don’t allow cash disbursement for used car loans.
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A balance transfer is possible on a used car loan, but lenders treat it carefully because they’re taking over someone else’s risk.
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Interest rates on used car loans are mostly set depending on how risky the lender thinks your application is, and their internal policies.
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Some lenders may offer a slightly better rate to repeat customers, but it isn’t something they promise upfront.
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