CAR LOAN RATES » Auto Loan News

Auto Loan Rates in Pennsylvania are some of the most affordable on the East coast.  Lenders are making it possible to fight the terrible winter this year by keeping their rates low to get you into a modern, durable, and reliable automobile.  If you’ve been dabbling with the idea of purchasing a new or used car, you might want to check out some of the best auto loan rates in Pennsylvania listed below.

Oregon auto loan rates are currently some of the most competitive on the West coast.  As a result of the new year and the upturn of the economy, lenders are making owning a new car a closer reality for many.  If you’ve been thinking about getting yourself or a family member into a new car to start the new year off in style, you’ve come to the right place to find the best auto loan rates in Oregon.

If you need to borrow money for an auto loan and plan to pay it back right away, you could benefit from a short-term loan from Kellogg Company Employees Credit Union. A shorter loan term mean you pay less for your car! Right now, this credit union is offering a rate for as low as 3.64% APR.

Only members can obtain car financing through Kellogg Co Employees Credit Union. The rate applies to 2006-2010 car models with a loan term length of 24 months. Auto loan rates are determined by individual credit profile, terms and age of vehicle, so not everyone will qualify for the advertised rate.

Every now and then, a truly spectacular car title loan deal comes along. Today, that deal comes from Allcom Credit Union. Members of this credit union can obtain a car loan rate for as low as 2.99% APR.

In order to be eligible for this rate, you have to be a member of AllCom Credit Union. The lowest rate applies to new or used models between 2003 and 2010. The term can be up to 36 months. For every $1,000 borrowed, you must pay an additional $29.08. Rates are subject to the borrower’s creditworthiness, so not all applicants will qualify.

Those looking for SUV auto loans may want to think twice after a USA Today report revealed the value of used SUVs are plummeting thanks to increasing gas prices. The report found SUV prices are dropping below the values listed in well-known buying guides, making it difficult for those who already own them to trade them in for a reasonable price.

Trade-In Values Drop for Gas Guzzlers

While many homeowners don’t hesitate to use their home equity strategically, consumers aren’t aware that the same can be done with a car loan. Approximately only 1 out of 20 people know they can refinance their car loan, and those who do are saving an average $1,412 a year. Refinancing a car loan is very similar to refinancing a home mortgage, where you pay off your previous loan in full and take out a new loan on your car at a different interest rate and/or a different loan term.

Who Should Refinance?

Santa’s sleigh may be powered by magical reindeer, but what if he had to go with another economical option to get around the globe every Christmas? Maybe Santa could benefit from switching to a hybrid. After all, we’ve talked a lot about saving and avoiding common money mistakes this holiday season, but you might find that expanding your concept of “holiday budgeting” will help you continue to save money well into the next year and beyond.

For example, while you’ve been applying your excellent budgeting skills while getting gifts for Christmas, have you stopped to think about all the money you’ve been spending just driving between shopping malls? Take a lesson from someone who does quite a bit of traveling during Christmas and see how much you could save by changing vehicles.

If car financing is on your mind and you’re ready to buy something new, it’s a good idea to check the list of top vehicle safety picks released this week by the Insurance Institute for Highway Safety (IIHS). The list, which named 66 vehicles that were “Top Safety Pick Winners” for this year, more than doubled the number of vehicles that won awards in 2009.

Criteria for Top Safety Picks

If you’re looking for a new or used auto loan that won’t cost you big in interest, try Advantage Credit Union. Members have the opportunity to earn an outstanding car loan interest rate for as low as 3.79% APR.

Only members of Advantage Credit Union are eligible to obtain a loan. The lowest advertised rates applies to new car loans with a term length of 36-60 months, or a used car loan of 48-60 months. Please keep in mind that the loan rate you are offered depends on your credit score and the services you use at the credit union. Rates are subject to change.

Ohio car loan rates are very affordable for a loan amount of $25,000. Auto loan rates in the state continue to remain low thanks to unemployment and other economic factors weighing on car purchasing decisions for most families in the state.

Browse the best auto loans for the week from the list below.

New Ohio Auto Loan Rate – 3 Year