Follow Us: Google+
 
Bankrate.com

auto

Auto rates for April 12, 2012

 

Although auto rates have taken a break from the wild dives we've seen over the last few months, rates are still near record lows with the 48-month and 60-month new-car loans holding steady at 4.41% and 4.52%, respectively.

Used-car rates were also unchanged, with the average rate for a 36-month used-car loan idling at 5.22 percent.

High gas prices, a more positive economic outlook, cheap financing and older, less fuel efficient cars have pushed auto sales higher in the first quarter of 2012. According to Edmunds.com, strong March sales resulted in the best quarter for U.S. vehicle sales since 2008.

If you're considering the purchase of a new or used car, researching the make and model is just as important as finding the best interest rate. And you can do that by visiting our auto loan rate tables, right here, at Bankrate.com.

I'm Kristin Arnold.

 

advertisement

Show Bankrate's community sharing policy
            Connect with us
Compare Auto Rates
zip code:
product:



advertisement
Most Read
  1. 8 eerie ghost towns
  2. Headlight requirements by state
  3. Nick Nolte's house for sale
  4. 6 tips for successful yard sale
  5. Social Security traps to avoid
  6. 7 sedans for the young at heart
  7. 10 cars for a midlife crisis
  8. Ali Landry's house for sale
  9. 7 Social Security benefits
  10. 5 car models that lose value
Auto Averages
Product Rate +/- Last week
48 month used car loan
2.92% 2.97%
48 month new car loan
2.44% 2.45%
36 month used car loan
2.88% 2.92%
36 month new car loan
2.29% 2.29%
View rates in your area:
 

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
Customers are getting approved for car leases at the highest pace since the recession.

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.