Posts tagged ‘current car loan rates’

Useful tips in checking the current car loan rates

Knowing the current car loan rates available in your present location is important. It allows you to have a clear idea on the amount that you would paying in case you obtain a loan to finance your new or used car purchase. This is also important since interest rates placed on loans vary from one place to another. Besides this, your credit score as well as the loan terms have greater effects on the amount
You pay each month.

Knowing the current loan rates for cars might be confusing and a bit hard if you have no idea where to look for it. However, this old problem is resolved by using the internet. This article provides you with specific sites where you could check the latest car loan rates and these are written below.


One of the most dependable sources of information about the current car loan rate is It has been providing the most accurate interest rate for car loans since 1994. The site also provides updated interest rate since it monitors the day to day activities that are happening on the car sales industry.

In addition to this, allows you to make a localized search of the rates in your exact area. All you need to do is provide your current state and city. However, to make your search more convenient, you can use the zip code in doing the localized search.


Another source of information when it comes to current car loan rates is This site first emerged as

How to compare current car loan rates for best auto financing

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Categories: Auto Loan Rates

Conducting an extensive research about the current car loan rates allows you to get a glimpse of the car financing situation as a whole. It also allows you to determine the rates offered by each credit institution for a car loan. Due to this, there is a greater chance of getting the best deal offered. You only need to perform some of the important procedures to do this. These procedures include the following:

1. Extensive research

In order to obtain the best loan deal from what is offered, you need to research extensively. You need to bear in mind that credit institutions have different ways in calculating their rates. It is therefore valid to assume that their rates are most probably different from each other. Request for loan quotes from different lending agencies such as banks, credit unions, and the dealerships and determine which is better. Try not to overlook the offers from one each lender since they could offer the most competitive loan rates as well as the best deals.

2. Compare the loan offers

As soon as you are able to obtain the loan quotes from different lending institutions, try comparing the rates involved. You can use an online loan calculator to calculate which of these offers offer the lowest interest rate. You would probably find a car loan calculator easily since a lot of websites offer this. Don