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

    www.aol.com/average-length-car-loan-nears...

    When new car borrowers are segmented by credit score, however, average loan terms for all but the most creditworthy borrowers exceeded 72 months (or six years). ... based on a 6.84% interest rate ...

  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. 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 ...

  5. This Is How Much Interest You’ll Pay on Your Car Loan - AOL

    www.aol.com/finance/much-interest-ll-pay-car...

    Buying a car is a major financial commitment, and for most people, it involves taking out a loan. Along with the loan comes interest, which is the cost of borrowing money from a lender. Read Next:...

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    The borrower then pays off the financial institution the same as for a direct loan. [citation needed] Typically, the indirect auto lender will set an interest rate, known as the "buy rate". The auto dealer then adds a markup to that rate, and presents the result to the customer as the "contract rate".

  7. Ready for a New Car? Here's How Much Money Good Credit Can ...

    www.aol.com/ready-car-heres-much-money-100018006...

    Here's a look at the average rates for each credit score bracket: ... Let's assume a typical new car loan of $40,000 and a term of 60 months. ... A lower interest rate isn't the only new car ...

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