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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. 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. How Much an Auto Loan Will Cost You for a Used Car in These ...

    www.aol.com/much-auto-loan-cost-used-110244575.html

    If you plan on buying a used car in the Midwest, you can expect to save some money compared to buying a new vehicle. And since new cars depreciate the most in the first years after leaving the lot ...

  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. How to get the best auto loan rate

    www.aol.com/finance/best-auto-loan-rate...

    Your credit score is one of the biggest factors determining your auto loan interest rate. The higher your credit score, the lower your rate. ... Average interest rate for used car loans. 781 to ...

  7. Average auto loan debt grew 5.2% in 2023. How will it affect ...

    www.aol.com/average-auto-loan-debt-grew...

    The average auto loan balance held by consumers in the United States increased 5.2% to $23,792 in 2023, according to Experian data. ... Sharply higher rates for both new and used car loans.

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