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DETROIT (AP) — New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Industry analysts say discounts such as rebates and low-interest financing should get even better as 2025 rolls along, with the biggest deals to be had at dealerships representing ...
New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates eased a bit, making SUVs, cars and trucks a little more affordable. Despite high sales prices that averaged more than ...
Rate cuts from the Fed will take some of the edge off of the rising cost of financing a car. McBride expects five-year new car loans to hit 7 percent from their current 7.71 percent level, while ...
The Federal Reserve is expected to finally announce interest-rate cuts this week. ... How the Fed's big cut will impact everything from home prices to new-car loans. Madison Hoff,Ayelet Sheffey ...
The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate". [citation needed] These markups have been the focus of some regulatory scrutiny because they can cause variations in interest rates that are not correlated with credit risk. [3] Roughly half of new cars in the U.S. are financed by ...
In July 2017, the Competition and Consumer Protection Commission (CCPC) commenced a study into PCP car finance market. [10] This followed a study by Motorcheck which revealed Ireland's new vehicle market was heavily dependent on PCP agreements. The study found 73,979 new vehicles were sold on finance in Ireland in 2016, a 139% increase from ...
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