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Not only will prices vary, but auto loan rates will vary as well. In Maryland, the average APR for a used car loan is 7.10%, while in Mississippi, it’s 13.40%. See how the average used car loan ...
Short auto loan term lengths are better if you can afford them. ... 72 months. $672. $8,413. 84 months. ... be sure to compare auto loan rates before signing on the dotted line to get the best ...
Purchasing a used car is usually cheaper than buying a new one. If you finance the vehicle, you'll generally pay less per month, and it won't depreciate as quickly as a new car fresh off the ...
The latest Experian State of the Auto Finance Market report found the average term for new car loans—the number of months it takes to pay off loans on new cars—rose to 68.48 months in the ...
Typically, the older the car, the higher the rate. If you want to buy a car over 10 years old, you may struggle to find auto financing at a reasonable interest rate. Work and education experience.
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