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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 ...
Interest rates on auto loans drop to as low as 3.44% APR on cars purchased through PenFed’s car buying service. Pros: Loan amounts up to $150,000.
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 ...
A $25,000 car loan financed over five years at a 4 percent interest rate requires a monthly payment of $460. You can use an auto loan calculator to do the math for your prospective loan.
Factors that determine car loan interest rates. ... You will likely need excellent credit of 740 or higher and a stable income to get that low rate. Dealerships make it easy to buy and finance in ...
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 rates in your state compare. Check Out: These 10 Used Cars Will ...
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