Connecticut auto loan rates are looking fantastic for the week with the best interest rate coming from a credit union. Many banks and other lenders are also actively competing for your business in the wake of one of the worst recessions to hit the U.S.
If you have the means to purchase a new car, you can benefit from a low interest rate environment and discounted auto prices and incentives from many auto manufacturers. See the top rates for the week below.
New Connecticut Auto Loan Rate – 3 Year
Wachovia car loan rate at 6.74% with an estimated monthly payment of $507.73
Sovereign Bank auto loan rate at 3.74% with an estimated monthly payment of $548.98
Milford Bank automobile loan rate at 7.00% with an estimated monthly payment of $926.31
New Connecticut Car Loan Rate – 4 Year
TD Banknorth car loan rate at 6.24% with an estimated monthly payment of $500.59
Bank of America auto loan rate at 3.39% with an estimated monthly payment of $544.28
New Alliance Bank automobile loan rate at 6.24% with an estimated monthly payment of $583.34
New Connecticut Automobile Loan Rate – 5 Year
Pentagon Federal Credit Union car loan rate at 2.99% with an estimated monthly payment of $538.93
Up2drive – a division of BMW Bank auto loan rate at 3.59% with an estimated monthly payment of $546.96
Bank of America automobile loan rate at 3.39% with an estimated monthly payment of $544.28
Used Connecticut Auto Loan Rate – 4 Year
Pentagon Federal Credit Union used car loan rate at 2.99% with an estimated monthly payment of $663.90
Nationwide Bank used auto loan rate at 4.45% with an estimated monthly payment of $683.43
Webster Bank used automobile loan rate at 9.49% with an estimated monthly payment of $753.55
Connecticut car loans are likely to remain low for the rest of the year, but with an improving economy, they could rise in price rather quickly in 2011.
Auto loan rates accurate as of publishing date and based on a loan amount of $30,000. Please see the financial institution about any changes and additional fees.
