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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 ...
Check out current rates and Bankrate’s winner for best used car lender before accepting a loan. And equally important, see how the loan term and fees change the total cost of financing.
Interest rates play a crucial role in shaping the true cost of a used car. The more expensive the car, and the higher the rate, the more expensive the monthly payment will be.
According to Experian’s latest State of the Automotive Finance Market report, the average interest rate on used cars for deep subprime borrowers with credit scores between 300 and 500 was 21.55% ...
Best Times To Buy a Used Car The Last Four Months of the Year. ... Savings interest rates today: Supercharge your savings with a simple switch for up to 5.05% APY this weekend; AOL.
The average cost of a used car is more manageable at $27,000, even in a market that has interest rates hovering just under 12%. ... Best Car Under $15,000: Honda Civic. Top Year: 2014.