auto

National auto loan rates for April 5, 2012

Interest Rate Roundup
Auto loan rate graph
Find the best auto rates in your area.

Auto Loans

  • 4.52% (60-month, new car)
  • 5.22% (36-month, used car)

The rapid descent in auto loan rates over the past couple of weeks has mostly ended, at least for this week.

The average rate for a 60-month new-car loan is unchanged at 4.52 percent. Also unchanged, the 48-month new-car loan rate is 4.41 percent.

Used-car buyers get a tiny bit of a break this week, with the average rate for a 36-month used-car loan down a basis point to 5.22 percent. A basis point is one-hundredth of 1 percentage point.

 

 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Don’t buy used car with tax refund

Think twice before using your tax refund to buy a car -- at least for the short term.  ... Read more


Connect with us