View and compare current auto loan rates for new and used cars, and discover options that may help you save money. Apply online today at Bank of America.
People also ask
What is a good vehicle interest rate?
Around 4% is traditionally what is recommended for a loan on a car. Now with interest being way up, getting 4% might be harder.
What is 6% interest on a $30,000 loan?
What is 6% interest on a $30,000 loan? The interest on a $30,000 loan amount, 60-month loan term at a 6% fixed interest rate with zero down payment is $4,799.04. The interest on a $30,000 loan amount, 60-month loan term at a 6% fixed interest rate with zero down payment is $4,799.04. Monthly payments will be $179.87.
What is the federal vehicle rate?
Self-employed and business: 65.5 cents/mile. Charities: 14 cents/mile. Medical: 22 cents/mile. Moving (military only): 22 cents/mile.
What is a good APR for a 72 month car loan?
Typical APR Ranges: As of 2023, average APRs for used car loans generally range from about 4% to 10% for borrowers with good credit. Even for those with poor credit, rates typically do not exceed 20%. Impact of High APR: With a 28% APR, the total interest paid over the life of a 72-month loan would be substantial.
Shopping for a New or Used Car? Auto loan rates as low as 4.09% APR for new vehicles.
Compare auto loan rates. See rates for new and used car loans and find auto loan refinance rates from lenders.
Use Bank of America's auto loan calculator to determine your estimated monthly payments and your approximate rate for a new or used car loan.
Nov 12, 2024 · Use this auto loan calculator when comparing available rates to estimate what your car loan will really cost, minus additional fees that lenders may enforce.
Free auto loan calculator to determine the monthly payment and total cost of an auto loan, while accounting for sales tax, fees, trade-in value, and more.
Our free car loan calculator generates a monthly payment amount and total loan cost based on vehicle price, interest rate, down payment and more.
7 days ago · Auto financing rates depend on your credit score, the car you're buying, the amount of your down payment and more. For comparison's sake, the ...
Apply for auto financing today. The rate calculator provides estimated auto financing terms, APRs and monthly payment amounts.
Refi Rates as Low as 4.09% APR for New Vehicles. Plus, you could get a $200 bonus when you refinance your auto loan from another lender.