If so, consider this:
We have access to lenders that currently offer auto loan rates as low as 4.98% for new cars and 5.18% for used cars.
- Car loan rates are provided as an annual percentage rate (APR), and are based on many factors, such as your income and debt, as well as your credit score.
- Your credit score is likely the biggest factor in determining which rate you will get.
- The higher your credit score, the lower your car loan interest rate will likely be.