Might Be More Than Nothin’: Auto Loan Rates Hit 10-Year High In March

Car shoppers looking to get a break from rising interest rates didn’t find it in March, as the average interest rate on a new vehicle loan hit its highest level in a decade. According to the car shopping experts at Edmunds, the annual percentage rate (APR) on new financed vehicles is expected to average 6.36 percent in March, compared to 5.66 percent last year and 4.44 percent five years ago…..

 

 

 

 

 

 

https://www.prnewswire.com/news-releases/auto-loan-interest-rates-hit-10-year-high-according-to-edmunds-analysis-300822648.html

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