New car financing is available for under 4.00% APR for borrowers with high credit scores ...
You’re more likely to find rates below 5.00% when you have a higher credit score ...
If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...
A new deduction will allow taxpayers to deduct the interest they paid on a car loan in 2025. But the car loan must be for a ...
The Federal Reserve's recent 0.25% interest rate cut may make it cheaper for consumers to take out large loans. A lower interest rate can reduce the total amount paid on a car loan over its term, ...
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Average car loan interest rates by credit score
Average car loan interest rates have been on the rise in recent years. However, with recent Federal Reserve cuts, auto loan rates are starting to fall slightly month-over-month. Auto rate trends don’t ...
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