Interest Rate Roundup
- 60-month, new car: 4.31%
- 36-month, used car: 5.15%
Rates on auto loans held steady this week, according to Bankrate's survey of interest rates.
The average rates for 60-month and 36-month new car loans remained unchanged at 4.31 percent and 4.25 percent, respectively. The average rate for a 48-month new car loan held at 4.27 percent for the fourth consecutive week.
The average rates on used car loans also didn't move. Rates for 36-month and 48-month used car loans remained at 5.15 percent and 5.36 percent, respectively.