US? (new?) 2021 model and did 7 years
I got a used 2016 model and did 5 years in the Great North.
I don't know your credit score, but unless you're Top 0.01% you're probably not higher =P
The car is the collateral of the loan. If you default, the bank gets it.
Brand new models get better rates, 3-4 years get slightly higher, then older get even higher.
Anything 6% or lower is effectively a no-interest loan. Used it wisely.
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