Massachusetts car loan rates for the $25,000 loan amount are looking great heading into the end of the year. Many auto lenders are attempting to gain some market share by undercutting their competitors in the ailing auto industry. High unemployment and low job prospects is delaying car purchases for many residents in the state.
See the best auto loans for the week from the list below.
New Massachusetts Auto Loan Rate – 3 Year
TD Banknorth car loan rate at 6.24% with an estimated monthly payment of $417.16
Digital CU auto loan rate at 2.99% with an estimated monthly payment of $449.11
Bank of America automobile loan rate at 3.39% with an estimated monthly payment of $453.56
New Massachusetts Car Loan Rate – 4 Year
Metropolitan CU car loan rate at 4.00% with an estimated monthly payment of $460.41
Eastern Bank auto loan rate at 4.99% with an estimated monthly payment of $471.67
US Alliance automobile loan rate at 5.49% with an estimated monthly payment of $581.30
New Massachusetts Automobile Loan Rate – 5 Year
Sovereign Bank car loan rate at 3.74% with an estimated monthly payment of $457.49
Addison Avenue FCU auto loan rate at 4.99% with an estimated monthly payment of $471.67
Rockland Trust automobile loan rate at 6.74% with an estimated monthly payment of $491.97
Used Massachusetts Auto Loan Interest – 4 Year
Pentagon Federal Credit Union used car loan rate at 2.99% with an estimated monthly payment of $553.25
Up2drive – a division of BMW Bank used auto loan rate at 3.99% with an estimated monthly payment of $564.36
Nationwide Bank used automobile loan rate at 4.45% with an estimated monthly payment of $569.52
Massachusetts car loans are at fantastic rates so now is a great time to purchase a new or used car if you can afford it.
Auto loan rates accurate as of publishing date and based on a loan amount of $25,000. Please see the financial institution about any changes and additional fees.
