APR on new & used financing stays nearly steady in October
Premium Content
Friday, Nov. 1, 2019, 02:24 PM
SubPrime Auto Finance News Staff
IRVINE and SANTA MONICA, Calif. -
As experts from ALG and Kelley Blue Book watched average transaction prices (ATP) for new models climb again in October, Edmunds noticed average interest rates for new-vehicle financing remained below 6% for the fourth month in a row. Edmunds pegged the average APR on new financed vehicles at 5.7% in October; the same reading as September […]