What is the average interest auto loan rate these days?
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What is a good or average interest rate on an auto loan?
For a brand new car that is. I know it depends on your credit, so please don’t give me that answer. Still, even with good credit or average credit, how do I know the average interest rate for auto loan unless someone tells me please.
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mike t said:
the diff in good credit 3.9 %-7 % great credit 0-3%
or not so good credit 8-15% it really makes a big diff especially if your going new car. diffs in pmt could be
280-450.$ just from a higher rateLike or Dislike:
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0March 10th, 2010 at 9:56 am -
Chloe said:
I’m not sure what the average is, but mine is 4.9%
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0 0March 10th, 2010 at 9:56 am -
zeba1968 said:
Mine is 5.0 percent through my credit union
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Auto Credit Express said:
For good to average credit you can find out what the rates are in your area by visiting bankrate.com. I’ve included the link below.
When you visit the site select you state from within the lefthand box and click next. Avoid the center box it is an advertisement.
http://bankrate.com/brm/rate/brm_autosearch.asp
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0 0March 10th, 2010 at 9:56 am -
hieliza e said:
Theres actually not a fixed rate. There are many auto loan options available today. Today, stiff competition among auto loan financing companies<!–has made it possible to get a car loan or an auto loan at favorable terms.
http://badcredits.awardspace.com/autoloans.htm
However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car–>finance option. You can apply for online car loans on the Internet, or get it from your car dealer.
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raj A said:
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