Auto Loans
- 6.64% (60-month, new car)
- 7.5% (36-month, used car)
Here's a look at the state of auto loan rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Sept. 22, 2010.
Auto loan rates remain at last week's levels, with no change in rates for any loan terms surveyed.
The typical 60-month new-car loan rate is 6.64 percent. A 48-month new-car loan rate is 6.66 percent. For used cars, the 36-month used-car loan rate is 7.5 percent.
On Sept. 20, the National Insurance Crime Bureau, or NICB, released a study called "Hot Wheels," revealing the vehicles most reported stolen in 2009. In 2009, 794,616 cars were reported stolen. According to the press release from NICB, that is the lowest number of stolen cars in over 20 years.
The most popular cars for thieves in 2009 were the 1994 Honda Accord, the1995 Honda Civic and the 1994 Toyota Camry. Trucks weren't immune from theft; rounding out the top five on the list were the 1994 Ford F-150 Pickup and the 2004 Dodge Ram Pickup.
To find updated auto rates in your area, visit Bankrate's auto rate table.
-- Sheyna Steiner