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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 ...
Very competitive new and used car financing rates starting at 2.50% APR Special savings on eco vehicle loans — rates start at 2.25% APR Online approval, buying and delivery options
People with excellent credit qualified for rates around 5.61 percent, while people with bad credit had an average new car rate of 14.17 percent. Rates for used cars were higher — 11.35 percent ...
Now, in 2024, with the Federal Reserve expected to start cutting the federal funds rates (which tends to affect other interest rates, like for car loans) is it a good idea to wait to get a new car?
A car that’s only a year or two old may qualify for the same interest rates as a new one, but if you’re looking to finance a vehicle that’s five to 10 years old, prepare to pay a slightly ...
Rate cuts from the Fed will take some of the edge off of the rising cost of financing a car. McBride expects five-year new car loans to hit 7 percent from their current 7.71 percent level, while ...