I'm Kristin Arnold with Bankrate.com and here is your weekly look at auto loan rates.
New car loan rates fell to record lows this week. The average 4-year new car loan rate dropped to 5.27 percent and the average 5-year new car loan rate is now 5.30 percent.
Used car loans were on the move too. The average 4-year used car loan rate retreated to 6.19 percent.
Yes, those rates are low but even lower rates exist for borrowers with good credit and money for a down payment that are willing to shop around. Rates below 3 percent can be found on both new and used car loans by shopping around. Some of the best rates are at the large regional and national banks, but don't limit yourself. Be sure to compare credit unions and online lenders too.
For more information on auto loan rates, and to see the lowest car loan rates in your area, visit Bankrate.com.
I'm Kristin Arnold.
A number of increases in auto loan rates posted this week.
SUVs used to be known as gas guzzlers, but thanks to new technology and crossovers, things have changed.
Auto loan rates were mostly lower this week.
SUVs used to be plagued by safety concerns, but things have certainly changed.
Rates on new and used car loans fell this week.
Think your holiday gift list might break your budget? Consider one of these items on sale this month.
Before you take off, land the best deal on your airfare.
Follow these expert tips to save on gift wrapping without breaking the bank.
Bankrate hits the street to find out how consumers feel about Black Friday.
Looking for a fun way to wrap a gift card? Here are a few ideas to add pizzazz to your gift.
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.
A little research could save you BIG on interest.