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  2. Average length of a car loan nears 70 months - AOL

    www.aol.com/average-length-car-loan-nears...

    The average car loan term is 68.48 months for a new car and 67.41 months for a used car, ... However, the percentage of new car loans in the 61- to 72-month range rose from 38.45% to 40.78%, an ...

  3. This 36-year-old is paying off a $66K loan on a $49K Ford ...

    www.aol.com/finance/36-old-paying-off-66k...

    At 72 months, the new car loan interest rate was at 8.67% in Q4 2023, the Fed reports. (These numbers are simple unweighted averages of each banks’ most common rate.)

  4. Here are the latest incentive offerings on popular vehicles - AOL

    www.aol.com/latest-incentive-offerings-popular...

    New Cars With Monthly Payments of $400 or Less. Unless otherwise stated, this table assumes a 6.84% interest rate (avg. for new cars) and a 60-month loan.

  5. How Much an Auto Loan for a New Car Will Cost in These 12 ...

    www.aol.com/much-auto-loan-car-cost-130022724.html

    Average monthly payment: $747. New electric car. Average total cost: $46,634. Average monthly payment: $708. ... A new car loan in this state is $46,960 with the average monthly payment sitting at ...

  6. How to calculate interest on a car loan - AOL

    www.aol.com/finance/calculate-interest-car-loan...

    There are several ways to calculate your monthly auto loan interest payment. ... the average rate for someone with excellent credit buying a new car was 5.61 percent in 2023. People with bad ...

  7. More drivers have negative equity on their car loans. What if ...

    www.aol.com/more-drivers-negative-equity-car...

    The average interest rate on a 60-month new car loan is 8.4%, as of August, up from 4.6% three years earlier, according to federal data. Meanwhile, car values are falling.

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