They'll have to pay interest on the loan in either case. Getting an auto loan for a longer term with lower interest rates might keep the monthly bill below a budget-busting level can be tempting ...

The average auto loan interest rate for new cars in the third quarter of 2024 was 6.61 percent, while the average used car loan interest rate was 11.74 percent. Your credit score plays a ...

High interest rates have offset any concrete wins from stabilizing vehicle prices. Inflation and its impacts are likely not going away anytime soon. That means high car loan interest rates will ...