I'm Doug Whiteman with your weekly look at auto loan rate. Auto loan rates were mostly higher this week in Bankrate's national survey.
The average rates for five-year new-car loans and four-year new-car loans rose 2 basis points to 4.12 percent and 4.04 percent, respectively.
Rates on used-car loans were also higher, with the average rate on a 36-month used-car loan ramping up 1 basis point to 4.7 percent.
Auto loan rates have been yo-yoing up and down within a narrow range for much of 2013, with no clear direction. But bargains abound. Don't settle for average, and shop for financing before you walk into a dealership. To find the best auto loan rates in your area, use the free search engine at Bankrate.com. I'm Doug Whiteman.
New car loan rates fell 1 basis point each.
Used car loan rates keep getting better.
Both new and used car loan rates shifted lower this week.
Rates on auto loans were mixed this week.
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Mortgage rates jumped this week.
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