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What is the average interest rate for a car loan in 2010?

The average interest rate for taking out a car loan in 2010 is 7.5%. This interest rate may vary greatly depending on such factors as credit rating, history, and the company giving the loan. Interest rates may also be affected by the changes in the economy, inflation, government economic policies, and location.

by Kathy Taylor on Sun, 01/17/2010 - 09:27

Cost and Price Reference Series

Find out the cost of many of life's important purchases here, in our cost and price reference series.

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