The average interest rate charged on new auto loans in the Kansas City area is lower than the state average, according to a study by GoBankingRates.
Kansas City enjoys an average interest rate of 3.31 percent on a 36-month auto loan, which is lower than the 3.38 percent average in Missouri, but slightly higher than the national average of 3.19 percent.
Overall, auto loans in Kansas City pay an average of 3.67 percent, good enough to rank 26 out of the top 100 cities in the United States.
St. Louis…
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