- Sep 3, 2010
Who pays the highest auto loan interest rates in the country?
As it turns out, car buyers in places like Las Vegas are getting the short end of the financial stick when it comes to their loans, with buyers dealing with 9.55 percent and 9.58 percent APR, respectively. Meanwhile, those in places like Oklahoma City are shouldering a much more reasonable 3.65 percent APR.
The Kicking Tires study is based on a $22,000 loan for 60 months, with 10 percent down. It also assumes a borrower with a credit score of 700 or better.
[Source: Kicking Tires]