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  2. How to get the best auto loan rate

    www.aol.com/finance/best-auto-loan-rate...

    A good auto loan rate is generally any rate below the average for your credit profile. For drivers with excellent credit, the average rates are 5.07 percent for new cars and 7.09 percent for used ...

  3. Average auto loan debt grew 5.2% in 2023. How will it affect ...

    www.aol.com/average-auto-loan-debt-grew...

    The average auto loan balance held by consumers in the United States increased 5.2% to $23,792 in 2023, according to Experian data. ... Sharply higher rates for both new and used car loans.

  4. Should You Wait To Buy a Car Until Interest Rates Fall? - AOL

    www.aol.com/finance/wait-buy-car-until-interest...

    In 2021, the average car loan rate was 4.09%, while the latest data from 2023 came in at 7.03%, according to consumer credit reporting agency Experian. During that period, the average monthly ...

  5. How to save on auto loans despite a high federal funds rate

    www.aol.com/finance/save-auto-loans-despite-high...

    The Fed has increased the benchmark rate 11 times since the start of 2022. Over the last year, Americans have dealt with steep auto loan rates as the Federal Reserve worked to quell inflation by ...

  6. The 'absolute worst' of times for car buying are over

    www.aol.com/news/absolute-worst-times-car-buying...

    Though the average auto loan rate improved last month to 10.22% — a nine-month low — Cox found the average transaction price jumped by 2.2% to $48,150 after three straight months of declines.

  7. 0% APR car deals: Are they worth it? - AOL

    www.aol.com/finance/0-apr-car-deals-worth...

    A $25,000 car loan financed over five years at a 4 percent interest rate requires a monthly payment of $460. ... Check current auto loan rates and make sure interest-free won’t end up costing ...

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