Current Used Car Interest Rates
Current Used Car Interest Rates. Get current auto loan rates and choose a loan that’s right for you. Car loan interest rates change frequently, so it’s important to keep track of them.
Average Auto Loan Interest Rates: 2019 Facts & Figures. How Average Interest Rates Vary for Loans for New and Used Vehicles. The average interest rates on auto loans for used cars are generally higher than for loans on new models. Higher rates for used cars reflect the higher risk of lending money for an older, potentially less reliable vehicle.Current Used Car Interest Rates o loan rates. See rates for new and used car loans, and find auto loan refinance rates from lenders. Auto Loan Rates From Bank Of America. The maximum preferred interest rate discount on a Bank of America auto loan is 0.50%. This preferred interest rate discount is not reflected in our published rates on our website but will be reflected in the interest rate quoted upon loan approval.
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