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Compare auto loan rates. See rates for new and used car loans, and find auto loan refinance rates from lenders.
Purchasing a used car can save you time and money. And while the overall experience of used car shopping is much like new car shopping, there are some key differences.
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Auto loans are usually simple interest loans, which means that the interest on the loan is determined based only on the principal balance of the loan. Auto financing can be used to purchase cars and other vehicles, such as boats, RVs, motorcycles, and ATVs.
The best auto loan for you depends on your priorities, but two common goals are to get the most competitive rate and the lowest monthly payment. That’s why longer-term loans are so popular right now, with more people stretching out new and used car loans over 60 months or more.
Rates as low as 4.59% APR are available for 3-year auto loans $10,000 and higher at 100% loan-to-value (LTV) or less. Rates may be higher for loans to purchase a vehicle from a private party, smaller loan amounts, longer terms, vehicles older than 6 model years and a lower credit score.
Browse auto loans with daily updated rates to find the best auto loan deal for you. Read real reviews of auto loan providers to find the right offer.
Chase Auto Finance enjoy flexible car buying and auto loan options for new and used cars. Or see if refinancing is right for you.
Buy your used car with cash in hand. Found the used car you want? Now you can get the keys and drive it off the lot, with a low-interest used-car loan from LightStream, our national online lending division.
Auto loan preferred interest rate discount of 0.25% to 0.50% is valid only for customers who are enrolled in Preferred Rewards or Banking Rewards for Wealth Management at the time of auto loan application and who obtain a Bank of America auto purchase or refinance loan.