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Considering the market today, yes, it is too high of an interest rate. For a used car loan, you should be looking in the range of about 5% to 9%. Now, you may think that 2% difference isn;t much, but over the life of the loan, you could pay more than 2000 bucks in interest. Just like taking good money and throwing it in the trash. Go get your 3 credit scores from Equifax, Experian, and Transunion, and know your credit score for negotiation power. Its the only way to go. Good luck.
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