Average New Auto Loan Interest Rate Hits 22-Month Low in December, According to Edmunds
January 3, 2020, 4:53 pm
SANTA MONICA, Calif., Jan. 3, 2020 /PRNewswire/ -- The car shopping experts at Edmunds say the average interest rate for a new vehicle loan fell for the third month in a row in December, dropping to its lowest point since February 2018. The annual percentage rate (APR) on new financed vehicles averaged 5.4% in December, compared to 5.5% in ...
