does lemon cars have higher insurance/loan rates?
Written By: aaren on November 4, 2009
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Tags: fixed rate private student loan consolidation, home equity loan lowest rate
No, "lemon" isn’t a rating factor for insurance.
Of course, MAJOR lemons, like the infamous Yugo, are prohibited vehicles – insurance companies don’t want to write a policy on a car that falls in half when it drives over railroad tracks.