Used-car financing now drives nearly 60% of platform transactions, but loans carry steeper rates (9-18%) and hidden costs like GPS-device fees and hypothecation charges versus new-car loans.  Used-car financing now drives nearly 60% of platform transactions, but loans carry steeper rates (9-18%) and hidden costs like GPS-device fees and hypothecation charges versus new-car loans.  by Soban News (international And National News)