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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 ...
What to look for: NIH Federal Credit Union offers standard beginning APRs of 2.24% for new and used auto loans with terms of up to 36 months, 2.74% for auto loans from 37 to 48 months and 2.99% ...
A good auto loan rate is generally any rate below the average for your credit profile. For drivers with excellent credit, the average rates are 5.07 percent for new cars and 7.09 percent for used ...
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 ...
Average auto loan rate: 8.47%. Average auto loan total cost: $47,615. Average auto loan monthly cost: $779. State Average for All New Cars. Average auto loan rate: 7.55%. Average auto loan total ...
Let's compare these rates with the current average rates available for car buyers with credit scores of 750 or higher. According to Edmunds, the average price for a new car was $47,542 in Q3 2024 ...
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