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  2. How to get the best auto loan rate

    www.aol.com/finance/best-auto-loan-rate...

    Shopping around is the best way to compare your options. Here’s what to know.

  3. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate". [ citation needed ] These markups have been the focus of some regulatory scrutiny because they can cause variations in interest rates that are not correlated with credit risk.

  4. 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 ...

  5. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

  6. Despite Fed Rate Hikes, Auto Refinancing Remains ... - AOL

    www.aol.com/despite-fed-rate-hikes-auto...

    The 0.25% benchmark interest rate hike announced by the Fed on March 16, 2022, has many consumers revisiting their debt to cut costs in the coming months. With that comes an increase in auto loan...

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Similarly, a loan taken out to buy a car may be secured by the car. The duration of the loan is much shorter – often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer.

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