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Are you sick and tired of that old car? It may be time to consider buying a new one. Purchasing a new vehicle can be financially stressful, but with low auto loan rates in Albuquerque, NM, it may be the best time for financing. Even though rates went up a little bit, there are some very attractive loans out there. Many institutions across the country are now offering auto loan rates better than the national average to attract deposits.
Rates can come in all shapes and sizes, but the average new-car 60-month auto loan rates in Albuquerque, NM, are at 6.23 percent this week. Don't settle for just any loan. Shop around for the best rates available to save money on financing. Check out Bankrate.com for more information on rates in your area of New Mexico.
Auto loan rates in Albuquerque, NM
Here are the auto loan rates as of 2 p.m. on Friday in Albuquerque, NM. The 60-month new car loan rates vary from 2.99 percent to 11.51 percent.
| Lenders | Product | Rates |
| Bank of the West | 60-mo. new car | 4.99% |
| Bank of America, NA | 60-mo. new car | 2.99% |
| Bank of Albuquerque | 60-mo. new car | 4.80% |
| Wells Fargo Bank | 60-mo. new car | 11.51% |
Use Bankrate's auto loan calculator to check your monthly car payment.
