Best place to get an auto loan for new or used vehicle?

Apr 10th, 2010
by admin.

Hi everyone!

Could someone please let me know a good place to go for new or used car loans with low interest rates for someone with average to good credit?

So far, I’m finding lenders with around 7-8% interest on the low end. I’d prefer to pay about half that. Looking at financing around $20-30,000.

I am a USAA member, but not the member of any credit union.

Thanks for your advice!

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4 Comments

  1. bevrossg says:
    April 10, 2010 at 8:36 am

    If you are a USAA member you should already be smart enough to know that you should only be buying a car that you can pay cash for! No car payment is the fast track to future wealth. Go to daveramsey.com and learn the plan.

  2. willliam d says:
    April 10, 2010 at 8:48 am

    most credit union are open to the public now, find one in your area and open an account. they normally offer the best interest rates, when you go to the car dealer and tell them you’re going to fiance thu a credit union, they will ask you what cu and they will have a current rate chart for that cu and more than likely match the interest rate. also i’ve been seeing tv ads by some auto makers offering 0% interest for 60 months

  3. Power r says:
    April 10, 2010 at 9:46 am

    There are many auto loan options available today. Today, stiff competition among auto loan financing companies