Discover how to secure preapproval for a car loan, understand eligibility criteria and strengthen your negotiating position when shopping for a vehicle Written By Written by Staff Senior Editor, Buy ...

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 ...

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Understand how to secure a car loan, compare lenders, and position yourself for favorable terms before buying your next vehicle ...