Luxist Web Search

Search results

1. Results From The WOW.Com Content Network

2. How the Fed's rate cut will impact auto loans

   www.aol.com/finance/feds-rate-cut-impact-auto...

   But it will take a lot more than the single rate cut from the Fed to make a notable difference in auto loan rates. Since 2022, the higher rates have pushed the average new vehicle loan payment up ...

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. As in 2022, this increase was broadly based, impacting all U.S ...

4. Fed to cut interest rates for first time since pandemic: What ...

   www.aol.com/news/fed-cut-interest-rates-first...

   The Fed is expected to cut interest rates for the first time since the pandemic, impacting credit cards, auto loans, ... at 25% APR will cost an average $1,250 a year in interest charges. Dropping ...

5. 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: 6.78%. Average APR for a used truck: 7.22%. Average APR for a used electric vehicle: 4.94%. Average APR for a used sedan: 8.00%. State average APR for a used vehicle: 7 ...

6. Fed rate cut may drive reluctant car buyers off the ... - AOL

   www.aol.com/fed-rate-cut-may-drive-143052040.html

   Edmunds found that 72% of car shoppers under the age of 44 said a Fed cut would affect their car purchase timing, compared to 57% of buyers 45 and older. Even the types of cars are affected.

7. More Than 40% of Americans Have Car Payments: Here’s ... - AOL

   www.aol.com/more-40-americans-car-payments...

   According to Edmunds, the average new auto loan rate shot up to 7.4% in September, which is up from the 6.9% figure at the beginning of 2023. Regarding used cars, the average loan rate reached 11.4%.