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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 ...
These loans have an average interest rate of 11.92%, but rates can go up to 35.99% depending on your credit score. ... The average car loan rate is 8.40% for five-year terms and 8.76% for six-year ...
The monthly payments on car loans can be a significant drain, particularly given that the average car loan rate ranges from a low of 5.25% to a whopping 21.55% (dependent on your credit score ...
Your age, however, often has a lot to do with what you owe and to whom. ... Average auto loan balance: $19,231. Average personal loan balance: $16,259. Average student loan balance: $35,620 ...
According to Edmunds, the following states had average auto loan rates of over 12% for used vehicles (including SUVs, trucks, electric cars and sedans) in September, including Mississippi, which ...
According to Experian data, the average auto loan size shot up 7.7% in 2022, to $22,612. More recently, the average monthly payment for a new vehicle is $729, while the average payment for a used ...
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