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Reply to "Can someone help me understand what the typical interest rate is for car loans these days?"
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[quote=Anonymous]I haven’t bought a car in almost a decade and I’m now looking at new or slightly used Mazda or Subaru crossovers. On various websites, I’ve seen example interest rates around 7%-8%. I have excellent credit (800+), so I’m wondering if this is typical or if there might be better options available. Years ago, I remember getting rates as low as 1-2%, so I’m trying to set realistic expectations for what I might see now. Is it best to get a loan through my bank or credit union or are they just as bad now? [/quote]
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