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2. How to get the best auto loan rate

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

   What is a good 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 ...

3. What you should know about unsecured auto loans

   www.aol.com/finance/know-unsecured-auto-loans...

   An unsecured auto loan — or a personal loan used to purchase a car — requires no collateral. Instead, if the borrower can’t pay, creditors can report the default to the credit bureaus and go ...

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

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

   Sharply higher rates for both new and used car loans. Longer terms on auto loans—the average auto loan term for a new vehicle is more than 68 months, according to Experian Automotive.

5. 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 ...

6. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Car purchases. The most common method of buying a car in the United States is borrowing the money and then paying it off in installments. Over 85% of new cars and half of used cars are financed (as opposed to being paid for in a lump sum with cash). [2] Roughly 30% of new vehicles during the same time period were leased.

7. Lower car prices bring better deals, but high interest rates ...

   www.aol.com/lower-car-prices-bring-better...

   Average auto loan rates on new cars dropped from 9.73% to 9.6% in March, according to Cox Automotive, the Atlanta auto data company that owns Autotrader and Kelley Blue Book. New car rates peaked ...