Did you know that two-thirds of Americans swap their cars every five years or less? Whether this describes you or not, a study by insurance company The Zebra found that most people end up car shopping every eight years or so.
If you live in Arizona and are thinking about buying an automobile — especially if you are a retiree on a fixed income — you should get a good picture of the new and used car markets before you go shopping.
Read More: These 10 Used Cars Will Last Longer Than an Average New Vehicle
Check Out: 9 Easy Ways To Grow Your Wealth in 2024
GOBankingRates recently conducted a study on the average auto loan rates across the U.S., focusing on rates for commonly purchased vehicles like SUVs, trucks, electric cars, and sedans.
Learn more about Arizona’s auto loan rates below to make the best purchasing decision for your financial situation.
Keep in mind these six used cars that will last throughout retirement .
Money mistakes the super wealthy never make – that you might be doing now.