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Tribune News Service
Tribune News Service
Business
Rebecca Betterton

Bankrate:Why is it harder to get a car loan in 2023?

When the time comes to purchase your next vehicle, you want to focus on finding your dream car, not fighting for affordable financing. But since the pandemic’s early days, the car market has shifted. Inflation made finding competitive rates challenging, and supply chain issues pushed average car prices above MSRP.

Before setting out to find summer deals on new wheels, consider how the state of our economy will impact your price.

Economic outlook makes lenders cautious

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