Average Auto Loan Rate and Auto Affordability Drop in Fourth Quarter

AVERAGE AUTO LOAN RATE AND AUTO AFFORDABILITY DROP IN FOURTH QUARTER

February 9th, 2010 | Tags: a-small-decline, average, comerica, finance, fourth, subaru-outback, third

Average automobile loan rates as well as automobile affordability both fell in the fourth entertain of 2009, according to Comerica Bank’s Auto Affordability Index. The normal automobile loan rate forsaken to 3.47 percent in the fourth quarter. This is great headlines for consumers who have been deliberation shopping the automobile soon.

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Average Auto Loan Rate as well as Auto Affordability Drop in Fourth Quarter