Buyers need car interest explained the easy way. The interest rate you pay will depend on the price of the car, whether the car is new or used, and how long you want to finance, in addition to your credit score, credit history and other debt and income factors.
In this video I cover the average interest rates for people financing new and used cars in 2021 based on their credit score.
Average Car Loan Interest Rates
New and Used Car Interest Rate Trends
Average Car Loan Interest Rates by Credit Score
