CategoryFinance Insurance

Auto lenders cut interest rates on new-vehicle loans

Five years ago, 30 percent of U.S. customers obtained new-vehicle financing at interest rates under 2 percent, Edmunds said. In July, just 13 percent of consumers did so. (DAVID PHILLIPS)
Author
JC
By:
Jackie Charniga
August 07, 2019 03:55 PM

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