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Learn how to compare auto refinance loans to find your best option.
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're thinking about buying a car in the near future ...
“Cars have become way more expensive, and there are certain parts of our economy where salaries have not kept pace,” Sanjiv Yajnik, president of financial services at Capital One, told Auto Finance News when asked about 2025 conditions.
To get the most benefit from an auto loan refinance, you’ll want to know how the process works and find the lowest rate possible. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...