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Using Edmunds.com’s APR Car Loan Rates from August 2024, the auto loan rates were found for SUVs, trucks, electric cars and sedans, as well as state averages. All data was collected on and is up ...
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 ...
Average auto loan rate: 7.63%. Average auto loan total cost: $47,405. Average auto loan monthly cost: $763. New Electric Vehicle. Average auto loan rate: 4.14%. Average auto loan total cost ...
Interest rates on auto loans drop to as low as 4.74% APR on cars purchased through PenFed’s car buying service. Pros: Loan amounts up to $150,000 with up to 125% financing
McBride expects five-year new car loans to hit 7 percent from their current 7.71 percent level, while four-year used car loans could creep lower to 7.5 percent from 8.29 percent.
“High auto loan delinquency rates are broad-based across credit scores and income levels.” American auto loan balances increased by $11 billion in the fourth quarter of 2024, standing at $1.66 ...