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How do used car loan rates compare to new car loan rates?

Updated: 9/17/2019
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11y ago

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In short, many variables are to be considered. Rates are not only based on the product you purchase but mostly on your credit rating. A bad rating means that you will pay a higher interest rate.

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11y ago
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Q: How do used car loan rates compare to new car loan rates?
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Where can one compare rates for a car repair loan?

One can compare rates for a car repair loan online. The best website to compare rates for a car repair is Bankrate's website. They offer detailed comparison of car repair loan rates.


Are there any websites where you can compare national car loan rate averages?

You can find a selection of average car loan rates for new and used auto loans at the HSH homepage. You can also compare national auto loan rates at the homepage for BankRate.


Where can one find the cheapest used car loan rate?

One can find the cheapest used car loan rate on websites that compare car rates. An agent will be happy to help you find the best car loan for you, and you will save money.


Where can you compare the best car loan rates?

There are several car sites like kelly blue book, bankrate and ez autoloans that will help you compare car loan rates. These sites also give you the link to banks so you can start the process.


What are the average rates to refinance a used car loan?

There are several average rates to refinance a used car loan. The average rates to refinance a used car loan are 3.63%, 3.74%, and 4.61%. The rate that one is given depends on their history, type of vehicle, and location.


What online bank offers the best used car loan rates?

Most of the major banks are good for used card loan rates. Nationwide, Allstate, and Bank of America give you very good rates for a buying a used car.


How can you apply for an online line for a car?

There are many websites dedicated to day to apply for a loan for a car loan. You can compare rates from different banks and shop around for the best loans.


Are Bank of America's car loan rates the same for new cars as used?

No, Bank of America's car loan rates differ depending on the situation. On their website, one can find a rate for a new car, used car, or a refinancing rate. Generally, new car rates are lower.


Is there a site to compare used car loan rates?

Several sites offer very good car loan rate calculator but here a few choice selections: http://autos.aol.com/calculators/car-loan-calculator/ http://www.capitalone.com/auto-financing/used-car-loans/ Both are from reputable companies and should help you find what you're looking for.


Does Wells Fargo offer good auto loan rates?

Wells Fargo does offer good auto loan rates. Rates start at 5.24% for new car loans and 5.99% for used car dealer loans and for used car person to person loans.


Where can I compare car insurance rates online?

Geico.com and Insurance.com lets you compare car insurance rates. You can also go to Progressive.com to compare rates.


What are the lowest auto loan rates available for a used car?

The lowest auto loan rates are progressive. Progressive compares its low rates against others. Try progressive.com to see what is the lowest auto loan you can get.