I’m refinancing this terrible loan and the bank person grimaced when they saw this.

  • Tikiporch@lemmy.world
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    2 days ago

    A car that is the current model year is “used” as long as it’s had an owner. That’s what these loans are for. You can’t even get a loan for cars past seven years old with most lenders.

    • theunknownmuncher@lemmy.world
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      2 days ago

      I mean yeah, that’s why I said beater. I just wouldn’t expect someone young or looking for a first car to be buying a current model year with low miles anyway.