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Auto Rates for April 7, 2011

 

 

Auto loan rates fell across the board this week as financing gets easier. The average rates for 48-month new-car loans and 60-month new-car loans fell 3 basis points each, to 5.61 percent and 5.66 percent, respectively.

Used-car loans took a more noticeable tumble. The average rate for a 36-month used-car loan fell 9 basis points, to 6.58 percent.

Subaru, Honda, Buick, Dodge and GMC ... just to name a few, are tempting car shoppers with extremely low to zero rate offers on new and pre-owned vehicles. Some remaining 2010 models are available, but more new 2011 vehicles are on the selling block. Keep in mind that to receive these low to zero offers, you must have good credit.

Even if your credit isn't pristine, you always want to shop for the best rates. You can do that by visiting Bankrate.com. I'm Kristin Arnold.

 

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