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A growing number of car buyers have loans worth more than their vehicles — and experts are worried about a surge of delinquencies
Fri, 03/03/2023 - 11:54
Tech Insider
On average, the annual percentage interest rate on new vehicles was 6.5% in 2022 and 4.1% in 2021, while for used vehicles it was 10% in 2022 compared to 7.4% in 2021.
Justin Sullivan/Getty Images
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