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Ohio. Average APR for a used SUV: 11.85%. Average APR for a used truck: 10.73%. ... Using Edmunds.com’s APR Car Loan Rates from August 2024, the auto loan rates were found for SUVs, trucks ...
While car prices and interest rates are on a downward slope, auto loan payments are still relatively high, according to a recent Experian study of its consumer credit database. ... Ohio. Average ...
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 ...
If you finance the vehicle, you'll generally pay less per month, and it won't depreciate as quickly as a new car fresh off the dealer's... How Much an Auto Loan Will Cost You for a Used Car in ...
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".
Shopping around is the best way to compare your options. Here’s what to know.
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