auto

Buyer stuck with higher rate

Dear Terry,
I just bought a Chrysler at a 7.9 percent loan rate and now they are offering a zero percent rate. Not even a week after I bought the car they started to offer this rate. Is there a way to fight for a lower rate?
-- J.C.

Dear J.C.,
Sorry, but you're stuck. Prices and deals change week to week sometimes, and there are usually no provisions to retroactively get a new loan at the new rate. Also, you may not qualify for the zero percent deal because those are usually reserved for customers with better-than-average credit scores.


Here are this week's reader questions:
Some car options are not worth the cost.
Can I fight for a lower rate?
Who can I contact to discuss a lemon?
Is it cheaper to pay for car on credit card?
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