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  2. 6 Reasons Car Prices Will Plummet This Fall - AOL

    www.aol.com/6-reasons-car-prices-plummet...

    Interest rates are high right now, and that includes car loans. According to a recent Bank of America Institute report, car loan interest rates are about four percentage points higher than in ...

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

    www.aol.com/finance/wait-buy-car-until-interest...

    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. During that period, the average monthly ...

  4. 0% APR car deals: Are they worth it? - AOL

    www.aol.com/finance/0-apr-car-deals-worth...

    A $25,000 car loan financed over five years at a 4 percent interest rate requires a monthly payment of $460. You can use an auto loan calculator to do the math for your prospective loan.

  5. 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. [3] Roughly half of new cars in the U.S. are financed by ...

  6. U.S. prime rate - Wikipedia

    en.wikipedia.org/wiki/U.S._Prime_Rate

    U.S. prime rate

  7. Best Credit Unions for Car Loans of 2024 - AOL

    www.aol.com/finance/best-credit-unions-car-loans...

    High rates for first-time car buyers. What to look for: SchoolsFirst Credit Union offers new and used auto loans from 36 to 84 months. APRs for new cars start at 6.19%, and APRs for used cars ...

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