What is the average rate/term for a car loan?
I bought my first car a few years ago cash and am now looking to buy a another used car. My first car is a beater and so I want to upgrade to a better (but still used car). What is the average rate for a car loan and how long do people usually carry a car note for?
I don’t know if any of these things would matter but I am 26, living in Minnesota and have a mortgage.