- 4.12% (60-month, new car)
- 4.71% (36-month, used car)
Auto loan rates were unchanged for the third week in a row in Bankrate's national survey.
Average rates for 60-month and 48-month new-car loans cruised along at 4.12 percent and 4.04 percent, respectively.
For used cars, the average rate on a 36-month loan stayed parked at 4.71 percent.
Fuel-efficient car not green enough for you? This week, Honda announced a new partnership with residential solar power company SolarCity Corp. to offer installation of the panels to dealers and car buyers, according to a report by the Detroit Free Press.
As part of the deal, SolarCity will offer Honda and Acura customers $400 in discounts on its products.
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