<prompt> Human: Im trying to buy a 7500 car and the dealership wants to charge 23 interest. Is that a rip off? I have 0 credit history and no co signer . The dealership says thats the best I can get but I think I could do better than 23 even with no credit.  <response>: Yes its a ripoff. But without a credit history, you are going to be a higher rate than people with top tier credit would. That being said, 23 interest is absolutely awful.You should talk to a credit union in your area and see what your eligibility is through them. If this is a buy here, pay here lot too, go to a reputable new car dealership that also sells used cars. They have a lot more options for financing. 