auto

Auto rates for June 6, 2013

 

I'm Greg McBride, senior financial analyst with Bankrate.com, and here is your weekly look at auto loan rates.

Auto loan rates were on the move this week. Both new- and used-car loan rates pulled back to the lowest levels since mid-March. The average four-year new-car loan rate is now 4.02 percent, and the average four-year used-car rate settled at 4.5 percent. Both are near record lows.

These near-record-low auto loan rates come at the perfect time, as many car buyers are venturing back into the market after having postponed vehicle purchases in recent years.

For more information on auto loans and to find the best car-loan rates in your area, check out the free search engine at Bankrate.com.

I'm Greg McBride.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CAR & MONEY NEWSLETTER

Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.

advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Toyota, Land Rover win value awards

Toyota and Land Rover recently received top honors in ALG’s 15th Annual Residual Value Awards.  ... Read more


Connect with us