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2. Average Auto Loan Rate for a Used Car in All 50 States

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   In Maryland, the average APR for a used car loan is 7.10%, while in Mississippi, it’s 13.40%. See how the average used car loan rates in your state compare. Check Out: These 10 Used Cars Will ...

3. Should You Wait To Buy a Car Until Interest Rates Fall? - AOL

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   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. ... Even in this current high-interest-rate ...

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

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   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.

5. How Much an Auto Loan Will Cost You for a Used Car in These ...

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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 ...

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

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   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 ...

7. The Average Car Payments for New and Used Cars in 2024 - AOL

   www.aol.com/finance/average-car-payments-used...

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