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  2. 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 ...

  3. 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 ...

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

    www.aol.com/finance/fed-rate-cut-may-drive...

    Edmunds’s polling revealed a majority of car shoppers — 62% — are holding off on purchasing their next vehicle because of high interest rates. The Fed’s move to cut its benchmark rate by 0 ...

  6. How to prepare your finances for lower interest rates (and 4 ...

    www.aol.com/finance/financial-steps-fed-rate-cut...

    This includes my five-year car loan, which currently sets at a balance of $25,000 and an annual percentage rate (APR) of 6.00%. Even a small rate drop of 0.50% can save me over $300.

  7. The Fed seems ready to cut interest rates. What does it mean ...

    www.aol.com/fed-seems-ready-cut-interest...

    September 16, 2024 at 8:28 PM. Sloan Graeme /Sipa USA. The Fed is expected to cut interest rates this week, a decision likely to be the start of a gradual decline in how much consumers pay for ...

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