Vehicle interest rates fall to lowest since 2017

Vehicle interest rates fall to lowest since 2017

© Can Stock Photo / welcomia

National vehicle interest rates haven’t been this low since August 2017, with year-over-year declines each month in 2020 through November. However, affordability concerns remain, despite the lower overall cost to borrow funds. Nationally, the new-vehicle average interest rate sat at 4.26% in November, a decline of 67 basis points year over year, and the used-vehicle […]

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