The lowest auto loan rates start at 4.09% and the lowest rate companies are Navy Federal, Autopay, PenFed Credit Union and myAutoloan.
Compare auto loan rates. See rates for new and used car loans and find auto loan refinance rates from lenders.
View and compare current auto loan rates for new and used cars, and discover options that may help you save money. Apply online today at Bank of America.
The Federal Funds Rate Could Start To Drop in 2024 ; In March 2022, the U.S. Federal Reserve (Fed) issued the first in a series of hikes to the federal funds rate, from 0.25% to 0.50%. The federal funds rate is the rate at which the Fed loans money to consumer lending institutions. The move was the first rate increase since 2018 and was intended to curb runaway inflation, which had reached 6.5% at the time of the decision. Changes to the funds rate tend to correlate directly with rates for consumer lending such as auto loans. Predictably, auto ...
Navy Federal offers competitive auto loan rates for new and used vehicles. See how much money you could save on new or used car financing today.
The best 72-month auto loan rates start at 5.64% and the lowest APRs are offered by PenFed Credit Union and myAutoloan.
The current average auto loan interest rates across all credit profiles range from 5.25% to 15.77% for new cars and 7.13% to 21.55% for used cars.
Compare the best auto loan rates from the top lenders on the market. PenFed, AUTOPAY, and Consumers CU are among our top picks for the best auto loan lenders with low fees and wide availability.
When you refinance your car loan, you may receive a lower interest rate and save money on payments. Bankrate reviewed and compared the best auto loan refinance rates.
Understand how your credit scores can impact auto loan interest rates. A comprehensive guide to car loan rates and how to score the lowest rates available.