The Average Auto Loan

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Posted on September 28, 2018 at 01:04 AM



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Recent Posts For The Average Auto Loan

What Is the Average Car Loan Interest Rate for New & Used ...
The average car on the road today was built in 2005. Fuel efficiency, a major benefit of purchasing a new car, has continued to rise but low gas prices have largely negated this benefit. The number of cars Americans own is shrinking.
What Is the Average Monthly Car Payment?
The average monthly car payment on a new vehicle in 2017 is a hefty $479, and as of 2016, the average car loan was a whopping $30,032 with an average length of 68 months — that’s over five and a half years! Interest rates on auto loans are also rising and will cost you well over 4 percent annually on average.
Monthly U.S. auto loan rates 2016-2018 | Statistic
The smaller the car loan interest rates, the cheaper the loan is. In the United States, the interest rate on 5-year car loan has increased slightly over time with a highest value of 4.83 percent ...

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