BUYING A CAR? Think twice before financing it through the dealership. While dealership loans are convenient, the interest rate charged will include the dealership’s markup. That means you can likely get a lower rate by going to a bank or credit union—or by using a home equity line of credit. Unlike an auto loan, the interest on home-equity borrowing is typically tax-deductible.
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Published on August 13, 2017 00:58