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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. The Average Used Car Payment Is $200 Less Than a New Car ...

   www.aol.com/average-used-car-payment-200...

   With an average interest rate around 10.488%, you'll pay around $6,508.90 in interest over the life of the loan if you purchase a used car for $20,000 and pay $395.66 per month.

4. Average length of a car loan nears 70 months - AOL

   www.aol.com/average-length-car-loan-nears...

   Average used car loan terms also held fairly steady, except for subprime and deep subprime borrowers. ... based on a 6.84% interest rate (the average for Q2 2024, according to Experian data), a ...

5. 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.

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 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 ...