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by Answerbag Staff on July 30th, 2009

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Average APR Financing for Cars

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  • by Answerbag Experts on July 30th, 2009

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    The average APR financing for cars is 7 percent for a 60-month (five-year) loan for a new car and 7.86 percent for a 36-month (three-year) loan for a used car.

    Source: http://www.bankrate.com/auto.aspx

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