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A good auto loan rate is generally any rate below the average for your credit profile. For drivers with excellent credit, the average rates are 5.07 percent for new cars and 7.09 percent for used ...
Don't worry - you’re got options for scoring a good auto loan rate, even with less-than-perfect credit. Learn 5 methods here. How to Get the Best Auto Loan Rates as a First-Time Car Buyer
Average car loan interest rates impact the auto loan you qualify for, and understanding auto loan interest and your credit score can help you make a smart buy.
The borrower then pays off the financial institution the same as for a direct loan. [citation needed] Typically, the indirect auto lender will set an interest rate, known as the "buy rate". The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate".
Financing a used car from a private seller. Financing a used car from a private seller involves securing a loan from a bank, credit union or online lender to purchase a vehicle directly from an ...
The definition of a good auto loan rate depends on various factors, the main one being your credit score. Experian reports that consumers with a FICO credit score of 720 or higher paid an average ...
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related to: best private seller auto loan rates by credit score 72 months 2013