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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 ...
GOBankingRates analyzed average auto loan rates for each U.S. state using data from Edmunds.com as of August 2024, focusing on SUVs, trucks, electric cars and sedans. The study also calculated the ...
In 2021, the average car loan rate was 4.09%, while the latest data from 2023 came in at 7.03%, according to consumer credit reporting agency Experian. During that period, the average monthly ...
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.
According to Edmunds, the following states had average auto loan rates of over 12% for used vehicles (including SUVs, trucks, electric cars and sedans) in September, including Mississippi, which ...
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