Interest Rate Roundup
National auto loan rates for June 10, 2010

Here's a look at the state of auto loan rates from's weekly national survey of large banks and thrifts conducted June 9, 2010.

Auto Loans

Rates: 6.93 (60-month, new car); 7.67 percent (36-month, used car)

Auto loan rates were unchanged across the board this week. The average rates for 48-month, new-car loans and 60-month, new-car loans stood pat at 6.96 percent and 6.93 percent, respectively. Used-car rates also idled this week, with the 36-month, used-car rate cruising at 7.67 percent.

General Motors' auto parts supplier Delphi Holdings LLP is developing a key fob that can communicate wirelessly with owners' smart phones, according to a report by The Detroit News. Cars equipped with the technology would allow owners to remotely start their vehicle, confirm that it's locked, adjust the climate control and even check the fuel level remotely, all using an app installed to their smart phone, as long as they had the key fob nearby.

To find updated auto rates in your area, visit Bankrate's auto rate table.

-- Claes Bell


Show Bankrate's community sharing policy
          Connect with us


Tara Baukus Mello

Up to 40 million cars added to air bag recall

A federal agency has expanded the massive Takata air bag recall, which now affects over 60 million cars, making it the largest in U.S. history.  ... Read more

Connect with us