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Average APR for a used SUV: 11.19%. Average APR for a used truck: 10.00%. Average APR for a used electric vehicle: N/A. Average APR for a used sedan: 10.83%. State average APR for a used vehicle ...
Average used car price: $21,545 . Difference from national average: $5,746 less . Average monthly payment: $410 . Median individual income: $64,870 . Norfolk has the lowest average used car price ...
Average Used Car Loan Term. ... Consider the following comparison of total purchase costs for a new vehicle, based on a 6.84% interest rate (the average for Q2 2024, according to Experian data), a ...
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Purchasing a used car is usually cheaper than buying a new one. If you finance the vehicle, you'll generally pay less per month, and it won't depreciate as quickly as a new car fresh off the ...
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