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2. More drivers than ever are making $1,000+ auto loan payments

   www.aol.com/more-drivers-ever-making-1-160000729...

   High Auto Loan Payments From An Earlier Era Persist. Why are more than 4% of drivers paying $1,000 or more in 2024, even though incentives are increasing and interest rates are falling?

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

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

   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 ...

4. The Average Price of an Auto Loan for a New Car in All 50 States

   www.aol.com/finance/average-price-auto-loan-car...

   Total average cost for an auto loan for a new car: $47,427. Average monthly car payment: $765. New truck. Average total cost: $47,310. Average monthly payment: $757. New SUV. Average total cost ...

5. The Federal Reserve is finally lowering rates. Here's what ...

   lite.aol.com/tech/story/0001/20240918/6127436dd3...

   That said, the Fed's declining benchmark rate will eventually mean better rates for borrowers, many of whom are facing some of the highest credit card interest rates in decades. The average interest rate is 23.18% for new offers and 21.51% for existing accounts, according to WalletHub’s August Credit Card Landscape Report.

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

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

   Using Edmunds.com’s APR Car Loan Rates from August 2024, the auto loan rates were found for SUVs, trucks, electric cars and sedans, as well as state averages. All data was collected on and is up ...

7. The Federal Reserve is finally lowering rates. Here's what ...

   www.aol.com/federal-finally-lowering-rates-heres...

   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 ...