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How many points are typical on a loan? Leia aqui How much is 3 points, Many experts believe rates will. The average auto loan interest rate for new cars at the end of 2023 was 7.18 percent, while used cars had an average rate of 11.93 percent.
The latest numbers from cox automotive show just how expensive car loans have become.
Weโve rounded up average auto loan rates for this month, and weโll help you learn why a lower rate is better. The average new car interest rate is now 9.95%.
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According to edmunds.com, the average car loan interest rate in november 2023 was 7.4% apr for new car loans and 11.76% apr for used car loans what are.
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