National auto loan rates for Aug. 21, 2014

Interest Rate Roundup
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Auto Loans

  • 4.03% (60-month, new car)
  • 4.71% (36-month, used car)

Average rates on new car loans remained stuck in neutral this week, according to Bankrate's latest survey of interest rates.

For the fourth week in a row, the average rates on 48-month and 60-month new car loans held at 3.97 percent and 4.03 percent, respectively. The 36-month new car loan also didn't change this week, remaining at 3.96 percent.

The average 48-month used car loan also stalled again this week at 4.78 percent, and the average 36-month used car loan stayed parked for the sixth straight week at 4.71 percent.





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Tara Baukus Mello

Brand’s perfume: Essence of Lincoln

Lincoln has developed its own perfume fragrance and no, it's not "new car smell," despite being named Essence of Lincoln. Used in the ventilation system of Lincoln dealerships and on scent cards available in showrooms, the scent was developed as a way to create more luxury and warmth for customers visiting the dealerships as they  ... Read more

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