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Auto loan rates for Feb. 21, 2013

Claes Bell

Interest Rate Roundup

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Auto Loans

  • 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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