auto

Auto rates for Nov. 21, 2013

 

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

The momentum was definitely to the upside, with a number of increases in auto loan rates posted this week. But it's only enough to bring rates to the highest levels of the month. The average five-year new-car loan rate is now 4.03 percent. On used cars, the average four-year rate is 4.49 percent.

Auto loan rates are still at super-low levels, making the financing very affordable for the would-be car-buyers who have postponed purchases over the past few 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
 

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

Save money on gas over Labor Day

Wal-Mart has jumped on the gas savings bandwagon with its Great Gas Rollback program.  ... Read more


Connect with us