Tresl Blog

Icons that show the difference between APR and interest rates on car loans.
General Auto Finance Education
Jimmy Lipham

APR vs. Interest Rate For Car Loans

Most car loan contracts list two rates, your APR and your interest rate. The higher the APR, the more you’ll pay over the life of the loan. Lenders will give you both rates on your car loan paperwork so that you can better understand your loan.

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