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Auto loan payment example for illustrative purposes only: If you borrow $30, at a % annual percentage rate (APR) with a month term, your minimum. The average interest rate for auto loans on new cars is %. The average interest rate on loans for used cars is %. As of , the average interest rate for car loans was percent for new cars and percent for used cars. RCU offers a variety of vehicle loans with low rates, flexible terms and quick loan decisions — allowing you to enjoy value, convenience and savings! Used Vehicle: & Newer ; Primary borrower credit score, +, , , ; Max Term, APR. Average Interest Rates · – % interest rate (on average) · – % interest rate (on average) · and below: % – % (on average). The current average APR rate for a person with a credit score when buying a new car is % and when buying a used car. How to Get a Credit Card. Average Auto Loan Rates for Excellent Credit ; Credit Score, New Car Loan, Used Car Loan ; or higher, %, %. As of , the average interest rate for car loans was percent for new cars and percent for used cars. The average car loan rates are approximately % for new car loans and % for pre-owned vehicles. But this varies widely by your credit score. New Auto Loan interest rate may be applied to cars up to 2 years old. Improve your credit score and potentially lower your rates. Auto Loan Calculators.
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Local credit union in IL offered % for 48 months on used. Many dealers offering % for 48 months on new. Toyota, Honda, Hyundai in my market all. Average Auto Loan Rates for Excellent Credit ; Credit Score, New Car Loan, Used Car Loan ; or higher, %, %. Average Used Auto Loan Rate for Good Credit. Credit Score, Interest Rate. , %. Your interest rate is dependent on your credit score, and it can range on average from % to %. Here are the estimated interest rates you should get with. Estimate your auto loan interest rate. Follow the steps below and click calculate. 1. Select Loan Type Purchase New Purchase Used Refinance Private Party Lease.
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