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Which is a better car deal: a lower price and a higher interest rate, or a higher price and a lower interest rate?

Asked by HungryGuy (16039points) March 3rd, 2012

Given the same monthly payment and number of payments:

Is it a better deal to get the lowest price on the car but have a moderate interest rate?

Or get a low interest rate and but not the lowest possible price on the car?

Or does it not make any difference at all?

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