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If you’re buying a brand new vehicle and likely to fund it — that is, buying it via a car loan — your credit rating will play a sizable role in exactly how much you may spend. Loan providers see credit ratings being solution to determine a borrower’s trustworthiness. In general, the larger the credit ratings, the greater amount of reliable you seem to lenders, that may probably result in a lower life expectancy rate of interest and better loan terms.