What Is a Good Rate for a Car Loan?
Visit Auto Expo 95 to check out our incredible selection of used cars, trucks and SUVs for sale. Not only are our prices budget-friendly, we also offer competitive car interest rates and financing plans to help you get the new-to-you Toyota sedan or Nissan SUV that fits your needs.
At our used car dealer in Cocoa, we strive to make sure that every customer that enters our showroom can acquire the vehicle they desire at an unbeatable rate. Finance a pre-owned or Certified Pre-Owned Chevy nearby today.
Car Interest Rate FAQs
01
What's a typical interest rate for a car?
The interest rate you get may fluctuate depending on economic conditions, loan duration and credit score. These can range from 5% to 6%, yet they could be higher or lower depending on the situation. The APR could also be affected by the make and model you decide to buy.
02
What will my interest rate be when I finance a car for 72 months?
The interest rate you will receive when financing a car for 72 months depends on various factors such as economic conditions, your credit score and the type of vehicle you are purchasing. Generally, rates range from 5% to 6%, but can vary higher or lower depending on the individual circumstances. Contact Auto Expo 95 to learn about our available used car finance plans.
03
What's a good car interest rate?
If you have a good credit score and meet the requirements for a shorter loan duration, you might be able to get an interest rate from 3% to 4.5%. This is a great choice for most car loan borrowers as it helps them pay more of the principal balance faster. Reach out to our friendly staff today to see if you can get pre-approved for financing at an affordable car interest rate.
04
Is it better to finance through a car dealer or a bank?
Compare the interest rate and loan duration provided at our local car dealer to banks or credit unions when you're deciding where to get an auto loan for a pre-owned Ford truck or searching for used cars for sale in Cocoa. This will aid you in determining which one gives you the most budget-friendly financing plan.