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Your loan’s interest rate is a major factor in your overall loan cost. We’ve compiled a list of lenders that currently offer the best auto loan rates for both new and used cars.
Compare auto loan rates. See rates for new and used car loans and find auto loan refinance rates from lenders.
Fact checked by. Michael Logan. For many people, getting an auto loan is a crucial step in the car buying process: Over 80% of new cars and over 37% of used cars were financed in Q1 of 2024....
Best auto loans and financing of October 2024. Best from a big bank: Capital One Auto Finance; Best from a credit union: PenFed Auto Loans; Best for rate shopping: myAutoloan
Compare the best auto loan rates from top lenders to maximize your savings on your next new or used car loan.
4.25% Loan terms. 12-84 months. Loan amounts. Up to $100,000. Pros. Competitive rates for short loan terms. College grads may be eligible to borrow even if they have no credit.
Compare car loans from multiple lenders to find your best rate and learn what you need to know about financing before you apply.
To get the best interest rate on your car loan, compare auto loans and be mindful of the interest rates, terms and fees quoted by each lender. The best way to get a car loan is to...
What's a Good Auto Loan Interest Rate Right Now? As of November 2022, car buyers with excellent credit can net an interest rate of 9.31% on a new car on average, according to...
Learn more. With rising car prices, you’ll likely need to take out a loan to buy a car. In fact, Experian reported that over 80% of new cars and nearly 40% of used cars were financed with auto loans as of the first quarter of 2024. Car loan rates can vary between lenders, so it pays to shop around.