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While the current average interest rate for a new car loan is 6.84%, automakers are offering more financing deals to bring more consumers in the door, especially given the fact that new car sales ...
New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Despite high sales prices that averaged more than ...
There is no way around the reality that cars have become a necessity for most Americans who need to drive to work, shuttle the kids to school or even use it for delivery purposes as a side gig....
DETROIT (AP) — New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Industry analysts say discounts such as rebates and low-interest financing should get even better as 2025 rolls along, with the biggest deals to be had at dealerships representing ...
The average number of vehicles in the U.S. has steadily increased over the past several decades, with more than 9 out of 10 households having at least one car as of 2022. Roughly a quarter of...
Factors that determine car loan interest rates. ... According to Experian data, the average rate for someone with excellent credit buying a new car was 5.61 percent in 2023. People with bad credit ...