Auto loan interest rates moved a bit this week. Rates are typically collected Wednesday morning at Bankrate and in the afternoon, of course, the Federal Open Market Committee cut short-term interest rates by 25 basis points.

The 60-month and 48-month new-car loan each rose 1 basis point, putting them at 7.04 and 6.99 percent respectively. The 36-month new-car loan rolled over at the same rate from last week, 6.92 percent.

The 48-month used-car loan rate fell 6 basis points to 7.87 percent and the 36-month used car loan rate dropped 4 basis points to 7.8 percent.

SUV owners are getting beat up all over the place these days ... at the gas pump and at dealerships, Adrian Sainz of the Associated Press reported Saturday.

CNW Marketing Research found that used SUV sales plunged 14 percent nationally in March compared to the previous year. Used-car lots have even stopped taking trade-ins of the former status symbols turned gas-guzzling albatrosses. As gas prices across the country close in on $4 a gallon, SUV owners are taking a hit when trying to sell in the softening market for those particular vehicles.

-- Sheyna Steiner

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