Dealerships often charge the absolute legal limit, which varies by state (e.g., 18% in Texas vs. 25% in Michigan).
These dealers often install GPS trackers or "kill switches" to quickly repossess vehicles if a payment is even one day late. buy here pay here apr
High APRs can lead to "negative equity," where you owe thousands more than the car is worth as it depreciates. Dealerships often charge the absolute legal limit, which
Can top 25% to 30% depending on the state and dealership. which varies by state (e.g.