What Is The Interest Rate On A Used Car Loan

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What is the interest rate on a used car loan – Rates as low as 2 34 apr annual percentage rate are available for auto loans with a 36 month or less term. A ltv of 80 or less.

A vehicle age of 12 months or less.

What is the interest rate on a used car loan – Used vehicle loans start at 2 89 apr while refinances start at 3 49 apr. For the most creditworthy borrowers aprs start at 2 59 for new vehicles. And an applicant with a credit score of 800 or higher. What is the interest rate on a used car loan

In the second quarter of 2020 the average auto loan rate for a new car was 5 15 while the. A higher interest rate helps the lender recoup more of the car s value early in the loan. Customers of the bank who are preferred. What is the interest rate on a used car loan

For 30 000 or greater. What is the interest rate on a used car loan

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