auto

National auto loan rates for May 28, 2015

Interest Rate Roundup

Find the best auto rates in your area.

Auto Loans

  • 60-month, new car: 4.37%
  • 36-month, used car: 5.19%

Auto loan rates dipped slightly this week, according to Bankrate's latest survey of interest rates.

Rates on typical 36-, 48- and 60-month new car loans fell 1 basis point each to 4.3 percent, 4.32 percent and 4.37 percent, respectively. A basis point is one-hundredth of 1 percent.

The average 48-month used car loan dropped 1 basis point to 5.36 percent, while the average 36-month used car loan fell 1 basis point to 5.19 percent.

 

 

 

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