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Floridians buy a lot of cars.
GOBankingRates conducted a recent study to find theaverage auto loan ratesin each U.S. state, including Florida.
The study covered the most commonly purchased vehicles: SUVs, trucks, electric cars and sedans.
Use the data below to help you make an informed decisionwhen shopping for a vehicle and payment plan.
How Much Does an Average New or Used Car Cost?
The average cost of a new or used car depends on where you live.
Below is a breakdown of the averageauto loan ratesand costs according to vehicle bang out.
Methodology: For this study, GOBankingRates analyzed each U.S. state to find the average auto loan rates.
The monthly and total auto loan costs can both be calculated for all the states and car types.
All data was collected on and is up to date as of Sept. 5, 2024.
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