Auto Loan Rates at Commercial Banks Hit Record Low
January 12th, 2010
| Tags: a-broken-record, auto, AUTO LOANS, dealer, federal-reserve, interest, lowest
The average interest rate for a 48-month new-car loan at commercial banks in November dropped to 6.55 percent, the lowest on record, according to the Federal Reserve’s data.
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Auto Loan Rates at Commercial Banks Hit Record Low
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