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A good auto loan rate is generally any rate below the average for your credit profile. For drivers with excellent credit, the average rates are 5.07 percent for new cars and 7.09 percent for used ...
Borrowers with scores over 700 often receive the lowest rates. Here are some things that might help inflate your score: ... here are the national average auto loan interest rates at banks as of ...
Bank of America’s car loan rates start at 6.29% (new cars) or 6.49% (used cars). Repayment terms range from 48 to 72 months. The minimum loan amount depends on your state but is typically $7,500.
Interest rates on auto loans drop to as low as 3.44% APR on cars purchased through PenFed’s car buying service. Pros: Loan amounts up to $150,000.
Credit union consumers can take advantage of auto loan rates as low as 3.49 percent APR. Other benefits include the ability to finance 100 percent of your purchase, mechanical repair coverage with ...
Average car loan interest rates impact the auto loan you qualify for, and understanding auto loan interest and your credit score can help you make a smart buy.
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