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Loans. Car buyers’ best cost-saving move: Shop for a loan first. cleveland.com. With the cost to own a new vehicle rising, it’s more important than ever to consider what you’ll pay for a car loan and to shop for the best interest.
Car Buyers’ Best Cost-Saving Move: Shop for a Loan First In this May 19, 2019, file photo, a line of unsold 2019 Tucson sports-utility vehicles sits at a Hyundai dealership in Littleton, Colorado.
With the cost to own a new vehicle rising, it’s more important than ever to consider what you’ll pay for a car loan and to shop for the best interest rate. The average new car loan interest rate reached 5.5% in 2018, up about one percentage point from the previous year, according to Ben Bartosch
Car buyers’ best cost-saving move: shop for a loan first With the cost to own a new vehicle rising, it’s more important than ever to consider what you’ll pay for a car loan and to shop for the.
With the cost to own a new vehicle rising, it’s more important than ever to consider what you’ll pay for a car loan and to shop for the best interest rate. The average new car loan interest rate.
· With the cost to own a new vehicle rising, it’s more important than ever to consider what you’ll pay for a car loan and to shop for the best interest rate. The average new car loan interest rate.
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The same auto loan stretched out to 60 months would lower the monthly payment to $293-more than $160 less-but nearly doubles the interest you’ll pay to $2,610, an increase of $1,060.
FILE – In this May 19, 2019, file photo, a line of unsold 2019 Tucson sports-utility vehicles sits at a Hyundai dealership in Littleton, Colo. With the cost to own a new vehicle rising, it’s more.
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Aim to spend no more than 10% of your take-home pay on your loan payment and less than 20% for total car expenses, which also includes gas, insurance, repairs and maintenance.
· Car buyers’ best cost-saving move: shop for a loan first Associated Press With the cost to own a new vehicle rising, it’s more important than ever to consider what you’ll pay for a car loan and to shop for the best interest rate.