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Introduction to Vehicle Loan Interest Rates

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Vehicle loan interest rates determine how much you’ll pay over and above the vehicle’s price. These rates can vary between lenders and depend on factors like your credit score, income, and the type of vehicle. Generally, new car loans have lower interest rates compared to used vehicles. A lower rate means more affordable EMIs and significant savings in the long run. Before applying, c... https://canarabank.com/canara-vehicle

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