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2. How To Calculate APR: Your Guide - AOL

   www.aol.com/finance/calculate-apr-guide...

   For example: To calculate APR on a $16,000 vehicle loan for five years — 60 months — with a $400 per month payment: $400 x 60 = $24,000 (total payment amount) $24,000 – $16,000 = $8,000 ...

3. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

4. Average Auto Loan Rate for a Used Car in All 50 States

   www.aol.com/finance/average-auto-loan-rate-used...

   Average APR for a used SUV: 11.19%. Average APR for a used truck: 10.00%. Average APR for a used electric vehicle: N/A. Average APR for a used sedan: 10.83%. State average APR for a used vehicle ...

5. The average cost of owning a car - AOL

   www.aol.com/finance/average-cost-owning-car...

   Based on data from Experian, the average monthly loan payment for a new car is $726, while drivers paying on a used vehicle pay an average of $533 monthly. The majority of individuals—79 percent ...

6. The Average Used Car Payment Is $200 Less Than a New Car ...

   www.aol.com/average-used-car-payment-200...

   With an average interest rate around 10.488%, you'll pay around $6,508.90 in interest over the life of the loan if you purchase a used car for $20,000 and pay $395.66 per month.

7. What is the Average Car Loan Interest Rate? - AOL

   www.aol.com/average-car-loan-interest-rate...

   Average car loan interest rates impact the auto loan you qualify for, and understanding auto loan interest and your credit score can help you make a smart buy.