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Car payments are accelerating towards record levels nationwide. Analysts at Edmunds revealed that the average percentage rate on a newly financed vehicle has ballooned to seven percent. NBC News’ Miguel Almaguer has more details. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver …

With Tom Moody, Sanjay Manjrekar and Raunak Kapoor source

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