List of What Is A Good Apr For A Car Loan Images. Credit is the main factor, according to nerdwallet.com, in the lender's determination of your interest rate, or apr. What affects an apr for car loans?
Not because they don't tell you what it is on your loan, but because most people don't really know what it means.
What to know before you apply for an auto loan. That makes getting a good apr on your car loan pretty much impossible. It's the percentage of the principal that you're charged to pay off your loan, plus other lender fees. From lease apr to residual value estimates to the money factor, when you're leasing a car, this expert how to create your own loan amortization calculator.