View Here : Current Auto Loan Interest Rates
Get current auto loan interest rates and recent rate trends, every week, from Bankrate.com View current auto loan rates based on Bankrate.com’s weekly national survey of large banks and thrifts.
Best car loan rates. Check out low APRs for new car loans, the best used car loan rate, and the best auto refinance rate.
Average Auto Loan Interest Rates: 2018 Facts & Figures The national average for US auto loan interest rates in 2018 is 4.21% on 60 month loans. For individual consumers, however, rates vary based on credit score, term length of the loan, age of the car being financed, and other factors relevant to a lender’s risk in offering a loan.
Find current car loan rates and compare the best auto loans by using this simple form. Select your city, state or zip code then select your car loan product to compare interest rates from several lenders.
Auto loans are usually simple interest loans, which means that the interest on the loan is determined based only on the principal balance of the loan. Auto financing can be used to purchase cars and other vehicles, such as boats, RVs, motorcycles, and ATVs.
We make it easy to choose an auto loan by offering competitive interest rates, flexible terms, and outstanding service. Customers who qualified for our lowest rates have an excellent credit history and a loan amount that’s greater than $22,000 and less than 85% of the car's value.
Check out these four auto loans before walking into a dealership and compare their new and used car loan rates to find the best option for you. Shopping around for a car can be stressful so we have compiled a list of the best car loans in 2018.
New car loan rates start at 2.74% APR, used car loan rates start at 3.04% APR, and auto loan refinances also start at 3.04%. If you bank with Bank of America and are enrolled in their Preferred Rewards program, you can receive rate discounts ranging from 0.25% to 0.50% depending on your membership level.