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Originally Posted by gc24  Trying to finance a used A/S and my Bank(Wells Fargo), got me a loan for the full amount for 15 years, 13.8%, and a payment of 409.00 a month. Doesn't seem right. For that deal, maybe I should buy a new one. |
Hi, you stated "got me a loan for the full amount....." does this mean that you are financing the full purchase price of the trailer? [no down payment] That in it'self would increase the loan percentage rate versus, maybe 20% down.