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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 ...
While car prices and interest rates are on a downward slope, auto loan payments are still relatively high, according to a recent Experian study of its consumer credit database. Though the value of...
There is no way around the reality that cars have become a necessity for most Americans who need to drive to work, shuttle the kids to school or even use it for delivery purposes as a side gig....
Are you in the market for a new car on the East Coast? Plan for steep vehicle prices and a costly auto loan. Check Out: 6 SUVs That Last Longer Than You Think and Are Worth the Money For You: 3 ...
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. ... Before buying a new car, make sure you ...
Based on data from Experian, the average monthly loan payment for a new car is $726, while drivers paying on a used vehicle pay an average of $533 monthly. The majority of individuals—79 percent ...
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