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For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates.The average auto loan rate for someone with excellent credit is 5.25%, according to ...
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There's no best time to refinance your debt. If you can save money by getting a different loan, you should start the process. Just remember that most lenders do have requirements for when you can ...
Roughly half of new cars in the U.S. are financed by the captive financing arms of car manufacturers, such as the Ford Motor Credit Company. [4] Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies.
Pros of refinancing your car The benefits of refinancing your current auto loan center around saving money. You may also be able to refinance for more than you owe if you need cash.
Fed rate cuts could make auto loans a better deal. If your current auto loan is high-interest, see if you can save money by refinancing your car.
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