Auto loan rates for April 4, 2013

Claes Bell
April 4, 2013

Interest Rate Roundup

Auto loan rate graph
Auto loan rate graph

Find the best auto rates in your area.

Auto Loans

  • 4.12% (60-month, new car)
  • 4.7% (36-month, used car)

Auto loan rates were flat this week in Bankrate's national survey.

Average rates for 60-month and 48-month new-car loans were flat at 4.12 percent and 4.04 percent, respectively.

Rates on used-car loans were unchanged as well, with the average rate on a 36-month used-car loan cruising at 4.7 percent.

Sales of diesel cars rose 25 percent last year, but that may soon change thanks to gasoline-powered cars closing the fuel-efficiency gap with diesel cars, according to a report by The Detroit News. The premium you'll pay for a diesel car is around $5,000, compared to $1,500 for a lightly "hybridized" car, according to the report.

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