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2. Average Auto Loan Rate for a Used Car in All 50 States

   www.aol.com/finance/average-auto-loan-rate-used...

   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 ...

3. 'One of the most insane interest rates I've ever seen': This ...

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   She took out a $6,100 personal loan at 29% interest to cover rent and refinanced her car to borrow more, also at a 29% interest rate. She now has an outstanding auto loan balance of $21,560.

4. How to get the best auto loan rate

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5. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased. [2]

6. Buy here, pay here - Wikipedia

   en.wikipedia.org/wiki/Buy_here,_pay_here

   Buy here, pay here. In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have ...

7. How to save on auto loans despite a high federal funds rate

   www.aol.com/finance/save-auto-loans-despite-high...

   The Federal Open Market Committee (FOMC) sets the benchmark rate, which impacts the rates auto lenders set. When the federal funds rate increases, financing a vehicle will likely be more expensive ...