Car Finance 101: Everything You Need to Know - Autotrader
https://www.autotrader.com/car-shopping/car-finance
WebNov 29, 2022 · According to Bankrate, interest rates, too, increased to 5.97% for a 60-month loan on a new vehicle as of November 2022. Let’s say that’s what you’re financing. Using Autotrader’s car payment calculator, if you finance $40,200 for 60 months (5 years) at 5.97% interest, you will pay $777 per month.
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