How much percent is the interest on your car payment ???

Question

Just curious the bank is giving me 9% is that good or not.

Answer

9% is high, but I’ve definitely seen worse! I have 1.9% through Toyota

Answer

Its not great. The highest interest rate I've gotten was 6% and that was with average credit.

Answer

That’s pretty high. I have financing through the dealership for 0.99%

Answer

It’s a little high. When I bought my car five years ago, my interest rate was 4.3%

Answer

Uh... I think 9% is ok. When I got my first car it was 16.99 %. My next was lower. My husband was paying 17% interest and after 8 months we refinanced and it's now 4%... it really depends on your credit score and how much you make etc...😁

Answer

Mine is 6% which is kinda high so I'm going to refinance when I can. I definitely would not sign for 9% though that's way too much.

Answer

What kind of vehicle is it also? For instance we have a Silverado and 8 percent is pretty average interest rate on a new one. Way it was explained to has there is multiple reasons a interest rate may be higher.

Answer

That's not great, but you can always refinance later when you have better credit.

Answer

mine is pretty high. i can’t remember exactly how much, but it’s because i had no credit at the time, my car was my first real “bill”.

Answer

That’s high

How much percent is the interest on your car payment ???

The Top Baby Tracker App: Embrace New Beginnings with Tender Care

The Top Fertility Tracker App: Your Path to Achieving Pregnancy

The Top Pregnancy App: Nurturing Your Journey to Motherhood

The Top Period Tracker for Empowering Your Menstrual Health Journey