It's vital to have a vehicle you can count on in the bitter cold winter of Michigan. If you're nervous about that old lemon going bad, it may be time for a new car. The economy may still be a little under the weather, but auto loan rates in Grand Rapids, MI, are still fairly low. Michigan has numerous lenders offering better-than-average rates. If you're looking to finance, now is great time to find a rate while they are still low.
Buying a new car can try your patience, but hit the brakes and shop around before settling on auto loan rates in Grand Rapids, MI. The average 60-month new-car loan dropped to 6.19 percent last week. For more information on rates, check out research at Bankrate.com.
Auto loan rates in Grand Rapids, MI
Here are the auto loan rates as of 11:30 a.m. in Grand Rapids, MI. The 60-month new car loan rates vary from 4.09 percent to 6.75 percent.
|Huntington Bank||60-month new car||4.74%|
|Mercantile Bank||60-month new car||5%|
|Independent Bank-West MI||60-month new car||6.75%|
|Chase Bank||60-month new car||4.29%|
|Fifth Third Bank||60-month new car||4.09%|
Use Bankrate's auto loan calculator to check what your monthly car payment could be.