Buy a Car in Michigan 2021

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  • table 5.1
  • table 5.2
  • table 5.3

table 5.1

Loan TermAverage Annual Interest Rate
2411.85
368.97
488.42
608.32
728.67

table 5.2

Insurance Company
Before Jerry
After Jerry
Kemper
$1,332$1,078
Travelers$1,831$1,295
State Auto
$2,774$1,860
Nationwide$2,900$1,873
Safeco$3,082$2,077

table 5.3

Credit RatingAverage Annual Interest Rate
Excellent3.9
Very Good5.14
Good8.6
Fair17.39
Michigan, MI
no state

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