Auto loan rates for Dec. 5, 2013

Bankrate.com

Interest Rate Roundup
Find the best auto rates in your area.

Auto Loans

  • 4.04% (60-month, new car)
  • 4.52% (36-month, used car)

The cost of car loans crept up this week.

Up 1 basis point, the average 60-month new-car loan rate was 4.04 percent. Also up 1 basis point, the average 48-month new car loan rate was 3.95 percent. A basis point is one-hundredth of a percent.

A 36-month used-car loan is slightly more expensive -- up 2 basis points to 4.52 percent.



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