Not exact matches
Automakers provide baseline
APRs as low
as 0 or 0.9 % to compete with traditional financiers like banks and credit unions, while also incentivizing customers to purchase a
new car off the dealer's lot rather than a used vehicle from another vendor.
Finance: Rates
as low
as 0.9 %
APR for 24 to 60 months and 1.9 %
APR for 61 to 72 months on
new cars; 1.9 %
APR for well - qualified buyers on Honda certified pre-owned vehicles.
Automakers provide baseline
APRs as low
as 0 or 0.9 % to compete with traditional financiers like banks and credit unions, while also incentivizing customers to purchase a
new car off the dealer's lot rather than a used vehicle from another vendor.
Dealer rates for
new car loans are
as low
as 3.77 %
APR2 (rate based on, 800 FICO, 90 % loan - to - value, 36 month term) and branch / online rates are
as low
as 3.75 %
APR 1 (rate based on, 100 % loan - to - value, 36 month term, $ 10,000 and higher financed).
Bank of America is offering good deals on auto loans this fall, with rates starting
as low
as 2.34 %
APR on 60 - month financing for
new cars and trucks.
APRs currently start
as low
as 3.09 % * with AutoPay on loans for $ 10,000 and up for both
new and used
cars from dealers.
As of June 2017, its best auto loan rate is a 2.74 %
APR on
new cars.
While the banks still tend to differentiate between
new cars and any used
car in pricing their loans, many of the competitive online lenders don't, offering the same low
APR on used
cars as they do for
new cars.
The chart below shows the
APR on a
new car is
as low
as 1.79 %
as compared to a used
car at 3.59 %.
A quick inquiry shows that Space Coast Credit Union of Florida, one of the state's largest, offers rates
as low
as 1.89 %
APR on
new and used
cars as old
as 2007 models.
The nation's second - largest bank is charging
as little
as 2.34 %
APR for 60 - month
new car and truck loans and only 2.49 %
APR to finance used vehicles for that long.