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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 ...
As you can see, on a $25,000 car loan through the manufacturer for four years, your monthly payment would be about $520. A $25,000 car loan financed over five years at a 4 percent interest rate ...
This week’s interest rate hike means many hopeful car buyers are having to pump the brakes. The Federal Reserve approved the largest interest rate hike in 30 years, hoping to slow inflation and ...
The average new vehicle interest rate was 4.60 percent at the beginning of 2020, and by the end of 2021, 60-month auto loan rates had fallen to a 20-year low of just 3.85 percent.
Edmunds Executive Director of Insights Jessica Caldwell joins Yahoo Finance Live to discuss new and used car prices, interest rates for new cars, and EV market share nationwide.
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