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.
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.
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.
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.
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.
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.
Some of the best deals on used car loan rates are found right at the car dealership selling the used car. If the used car is being purchased directly from an individual, the best deal for a loan would be from a local bank.
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.
One can see comparison car loan rates in Toronto from Bankrate, Monitor Bank Rate, and Car Loans Canada. Other places include Capital One and Scotia Bank.
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.
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.
Whether your used car loan has a high interest rate depends on who you talk to or ask. Although, yes, used car loans have medium to high interest rates.