What is the difference in loan interest rates between new and used cars?

Question

Responses

Used cars have a higher interest rate than new cars
Used cars have a higher interest rate than new cars - incorrect

New cars have a higher interest rate than used cars
New cars have a higher interest rate than used cars - no response given

New cars have a lower interest rate until they depreciate
New cars have a lower interest rate until they depreciate - no response given

There is no significant difference in loan interest rates between new and used cars

Answer 1

There is no significant difference in loan interest rates between new and used cars - correct