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  2. How to Get the Best Auto Loan Rates as a First-Time Car Buyer

    www.aol.com/best-auto-loan-rates-first-160019538...

    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 ...

  3. Average length of a car loan nears 70 months - AOL

    www.aol.com/average-length-car-loan-nears...

    However, the percentage of new car loans in the 61- to 72-month range rose from 38.45% to 40.78%, an increase of 6.05%. At the same time, the percentage of new car loans with terms of 73 months or ...

  4. This 36-year-old is paying off a $66K loan on a $49K Ford ...

    www.aol.com/finance/36-old-paying-off-66k...

    As of the last quarter of 2023, the interest rate for a 60-month new car loan from a commercial bank clocked in at 8.15%, according to the Federal Reserve. That’s the highest rate the Fed has ...

  5. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). There are two primary methods of borrowing money to buy a car: direct and indirect. A direct loan is one that the borrower arranges with a lender directly. Indirect financing is arranged by the car dealership where the car is purchased.

  6. 6 common car loan mistakes that cost you money - AOL

    www.aol.com/finance/6-common-car-loan-mistakes...

    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 ...

  7. Get a Great Deal: Best New Car Lease Deals for January 2025 - AOL

    www.aol.com/great-deal-best-car-lease-152500934.html

    View the best lease deals and offers available for January 2025. Trucks, SUVs, sedans, and more are all on sale this month with great incentives. Get a Great Deal: Best New Car Lease Deals for ...

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