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Don't dealers usually finance to the buyer FROM a bank? I know the parent company (i.e. GM) can back loans, but that would be for a new car and a borrower with outstanding credit. In NJ and CA, dealers can add % points to the loan as well. i.e. you get approved at 6.5 and they write you up at 7.5%. That is the limit of my knowledge-base, however, I'll speculate that if a dealer approved a loan on a very old used car like this, it would be at or above the personal loan level. Based on your background, what do you think? SS
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