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  2. ‘That is 72 months of death’: This young Texan took out 2 car ...

    www.aol.com/finance/72-months-death-young-texan...

    Unfortunately, he was roped into a two-for-one deal by the car dealers, which meant he took out an additional $11,704 loan to buy himself a 2016 Ford Focus, with a shocking interest rate of 24.39% ...

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

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

    Auto loan interest is the cost of borrowing money to purchase a car. The lender will look at your credit score, debt-to-income ratio and other factors to determine what interest rate it offers.

  4. Borrowing Smart: What to Know Before You Finance or Lease ...

    www.aol.com/borrowing-smart-know-finance-lease...

    According to the consumer financial website NerdWallet, the average auto-loan interest rate in the third quarter of 2023 was 7 percent for new cars and 11 percent for used cars.

  5. More drivers than ever are making $1,000+ auto loan payments

    www.aol.com/more-drivers-ever-making-1-160000729...

    With auto loan terms increasing—72- and even 84-month auto loans are becoming more common—it's perhaps less surprising that higher loan payments continue to persist, even as car prices and ...

  6. 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 ...

  7. How Do Lenders Calculate Car Loan Interest?

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

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