The average annual percentage rate (APR) for new vehicles continues to decline and vehicle sales are expected to improve in July despite pandemic-spurred setbacks that started in mid-March, according to TrueCar ALG’s July sales forecast. The preliminary average APR on new cars in July sits at about 4.4%, down 20 basis points from June, Nick Woolard, director of OEM and Affinity Partner Analytics at TrueCar, told Auto Finance News. APRs fell to their lowest […]
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