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| What is a Discounted Rate?
Discounted rate is used by sellers to make their offers more appealing to buyers. This rate is usually lower then the market value. The Discounted rate is only available for only a given time.
For example a seller advertises a car for an X amount of money, and gives a discounted rate of 5%. But this offer is available for only half a year if your taking the loan. So if you lease the car then you'll be paying 5% less in the first six months. | | | | |
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