Overhaulin'

1/30/08 - Are car loan interest rates on the decline?

Want to buy a car - read that the national average is 6.5% - if they are on the decline, I'd rather wait for a while, of course...

Public Comments

1. Car rate loans are on the decline because the Federal Reserve Bank has been lowering the interest rate that the government charges for banks to borrow from the government. There is the expectation of the rate going down and half percentage point soon (i.e. next week).
2. I am no gonna say I am one hundred sure about it.Besides it really depends on the personal feelings. SO it would better for you to find yourself.Here is a good resource.http://carloan.featured-resources.info/car-jersey-loan-new-quote.html