The annual percentage rate (APR) of a new SUV in California amounted to 6.77 percent as of November 2023. In general, electric cars had a lower interest rate than other types of cars in the United States. Among the U.S. states included here, Florida had the highest APR for loans on new cars. The annual percentage rate is a measurement that provides information about the cost of borrowing, which, in contrast to the interest rates, also includes fees and other elements.
Annual percentage rate (APR) of loans for new cars in selected U.S. states as of November 2023, by type of car
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Edmunds . (December 14, 2023). Annual percentage rate (APR) of loans for new cars in selected U.S. states as of November 2023, by type of car [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1341894/annual-rate-of-loans-for-new-cars-in-the-us-by-type/
Edmunds . "Annual percentage rate (APR) of loans for new cars in selected U.S. states as of November 2023, by type of car." Chart. December 14, 2023. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1341894/annual-rate-of-loans-for-new-cars-in-the-us-by-type/
Edmunds . (2023). Annual percentage rate (APR) of loans for new cars in selected U.S. states as of November 2023, by type of car. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1341894/annual-rate-of-loans-for-new-cars-in-the-us-by-type/
Edmunds . "Annual Percentage Rate (Apr) of Loans for New Cars in Selected U.S. States as of November 2023, by Type of Car." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/1341894/annual-rate-of-loans-for-new-cars-in-the-us-by-type/
Edmunds , Annual percentage rate (APR) of loans for new cars in selected U.S. states as of November 2023, by type of car Statista, https://www.statista.com/statistics/1341894/annual-rate-of-loans-for-new-cars-in-the-us-by-type/ (last visited December 19, 2024)
Annual percentage rate (APR) of loans for new cars in selected U.S. states as of November 2023, by type of car [Graph], Edmunds , December 14, 2023. [Online]. Available: https://www.statista.com/statistics/1341894/annual-rate-of-loans-for-new-cars-in-the-us-by-type/
