A: A good credit score for an auto loan is generally considered to be 670 or higher. However, you may be able to qualify for an auto loan with a lower credit score, but you may have to pay a higher interest rate.
Q: What is the average interest rate for an auto loan?
A: The average interest rate for an auto loan varies depending on a number of factors, including your credit score, the loan amount, and the loan term. However, the average interest rate for a new car loan is around 4%, and the average interest rate for a used car loan is around 6%.
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