Overhaulin'

I would like to know what is a good rate to pay on a car loan of 20,000.?

Who has the car loan rates nationally? Personal experiences from you, a family member or friend who have recently gotten a car loan would be helpful, thanks!!

Public Comments

1. Leave the country....Just kidding...IDK
2. I just got my first loan from the bank and it's about 12.6% . However, this is my first time and I haven't had any credit beforehand (I needed a family member as a cosigner) but yes, that's my experience.
3. Used car loans with good credit (ratings are excellent, good, fair and poor) are around 10%. New car loans are around 6-6 1/2% but can be lower with 10% down payment and shorter terms (3 years).
4. It all depends on your credit rating, (credit risk,) and your down payment amount. A website I've recommended in the past would be... http://www.safelinked.info/go.php?link=auto Good luck