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Shopping around is the best way to compare your options. Here’s what to know.
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 ...
What to look for: PNC auto loan rates start at 6.79% for a 60-month Check Ready loan of $15,000 to $75,000, for the purchase of a 2023 to 2025 model. That rate includes a 0.25% discount for ...
As with other types of loans, the overall cost of a car loan comes down to one major factor: the annual percentage rate. The APR includes both interest and lender fees, expressed as a percentage.
For example, with a loan of $15,000, an APR of 5.00% and a term of 5 years, or 60 months, the total interest would be $15,000 x 0.05 x 5, which equals $3,750.
If you're buying a car, learn how to get the best car loan, review where you can get an auto loan, and discover what a good interest rate looks like in 2022. Skip to main content. 24/7 ...
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