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Total average cost for an auto loan for a new car is $47,231. Average monthly car payment across all types is $751. Average monthly payment for specific vehicles:
California. Total average cost for an auto loan for a new car: $47,231. ... Using Edmunds.com’s APR car loan rates from August 2024, the auto loan rates were found for SUVs, trucks, electric ...
California. Average APR for a used SUV: 10.48%. ... Cheap Options: 6 Best Used Cars ... Using Edmunds.com’s APR Car Loan Rates from August 2024, the auto loan rates were found for SUVs, trucks ...
Since 2022, the higher rates have pushed the average new vehicle loan payment up $108 a month to $967, a 12.5% increase, the analysts found. The analysts estimate that for every 100bps rate cut ...
The AP is solely responsible for its journalism. The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other ...
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