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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...

    See how the average used car loan rates in your state compare. ... Texas. Average APR for a used SUV: 11.93%. Average APR for a used truck: 11.88%. Average APR for a used electric vehicle: 10.59%.

  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. Car prices and interest rates down, but monthly ... - AOL

    www.aol.com/car-prices-interest-rates-down...

    The average annual percentage rate on a new car loan in 2019 was 5.1%. Today it’s 6.4%, Jominy said. "Usually it’s $7 per every $500 borrowed," Jominy said.

  5. 4 charts that show how interest rates impact used car ... - AOL

    www.aol.com/news/4-charts-show-interest-rates...

    Interest rates play a crucial role in shaping the true cost of a used car. The more expensive the car, and the higher the rate, the more expensive the monthly payment will be.

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Roughly half of new cars in the U.S. are financed by the captive financing arms of car manufacturers, such as the Ford Motor Credit Company. [4] Captives have a smaller share of the overall car financing market (new and used cars), along with banks, credit unions, and finance companies. A small number of cars are financed directly by the ...

  7. How to calculate interest on a car loan - AOL

    www.aol.com/finance/calculate-interest-car-loan...

    The lower your score, the higher your rate. According to Experian data, the average rate for someone with excellent credit buying a new car was 5.61 percent in 2023. People with bad credit paid ...

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