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Getting a car with bad credit and a good job, what are my options?. You would likely be paying almost as much in interest as you take out as a car loan–ie, a 10k car loan could very well cost you 8k in interest, leaving you with a car worth 7k after depreciation that you just paid 18k for. With credit in the 500s, this is what will happen if you finance. Not even remotely worth it in my.
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