auto

National auto loan rates for April 30, 2015

Interest Rate Roundup

Find the best auto rates in your area.

Auto Loans

  • 60-month, new car: 4.37%
  • 36-month, used car: 5.16%

Auto loan rates remained mostly unchanged for a third straight week, according to Bankrate's latest survey of interest rates.

Rates on typical 36- and 60-month new car loans held at 4.29 percent and 4.37 percent respectively, while the average 48-month new car loan crept down 1 basis point to 4.31 percent. A basis point is one-hundredth of 1 percent.

Used car loan rates changed slightly. The typical 36-month used car loan fell 1 basis point to 5.16 percent, while the average 48-month loan remained at 5.34 percent.

 

 

 

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