Average car loan interest rates for excellent credit start at 4.88% for new cars and 7.43% for used cars, based on factors ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...
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