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  2. 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 ...

  3. 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 to ...

  4. 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 ...

  5. Car prices and interest rates down, but monthly ... - AOL

    www.aol.com/car-prices-interest-rates-down...

    The average annual percentage rate on a new car loan in 2019 was 5.1%. Today it’s 6.4%, Jominy said. "Usually, it’s $7 per every $500 borrowed," Jominy said.

  6. Best New Car Lease Deals for December - AOL

    www.aol.com/best-car-lease-deals-december...

    2024 Ford F-150 Lightning $230 per month/$6206 at signing 36 months/30,000 miles. Don't be put off by Ford's high signing payment. At this monthly price, it's cheaper to lease a Lightning over ...

  7. Should You Wait To Buy a Car Until Interest Rates Fall? - AOL

    www.aol.com/finance/wait-buy-car-until-interest...

    Now, in 2024, with the Federal Reserve expected to start cutting the federal funds rates (which tends to affect other interest rates, like for car loans) is it a good idea to wait to get a new car?

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