GOBankingRates

All You Need to Know About Car Loans in Los Angeles, California

GOBankingRates helps connect you with the best interest rates, banks and credit unions in Los Angeles, California to help you find the best car loans and save money.
Car prices are rising, yet auto loan rates remain low, at least for now; to get behind the wheel, borrowers are taking out larger loans than ever before. To help buyers take advantage of the lowest auto loan rates today from local institutions, GOBankingRates released a list of the best rates in Los Angeles. “Although mortgage rates are increasing, auto loan rates are still low,” said Amanda Garcia, of GOBankingRates. “GOBankingRates consistently finds auto loan rates below 3% at many community banks and credit unions.” GOBankingRates also surveyed the average auto loan rates on the city, state and national levels.
Los Angeles California National
3-Year 2.96% 3.41% 3.26%
4-Year 3.61% 3.70% 4.01%
5-Year 3.42% 3.81% 3.58%
Los Angeles Police Federal Credit Union and Foothill Credit Union are notable for offering the lowest auto loan rates in Los Angeles.
  • No. 1-Los Angeles Police Federal Credit Union: 1.20% (5-Year)
  • No. 2- Foothill Credit Union: 1.70%* (3-, 4- and 5-Year)
  • No. 3- Northrop Grumman Federal Credit Union and Western Federal Credit Union: 1.74% (3-Year)
  • No. 4- LA Financial Credit Union: 1.90%* (3-, 4- and 5-Year)
  • No. 5- Farmers Insurance Group Federal Credit Union: 1.99% (3-Year)
  • No. 6- First City Credit Union: 2.00% (5-Year)
  • No. 7- Bank of America: 2.34% (5-Year)
  • No. 8- F&A Federal Credit Union and NuVision Federal Credit Union: 2.49% (3- and 5-Year, respectively)
  • No. 9- Golden 1 Credit Union: 2.79% (3-, 4- and 5-Year)
* Rate includes relationship discount.

Best Car Loans Rates near Los Angeles, California

Find Car Loan Rates near Los Angeles, California

Most Read Best Car Loans Los Angeles, California Articles

PostCity Financial Credit Union New Auto Loan Interest Rates Today at 2.99% APR

This deal is now available to all Californians.

Read More »

GOBankingRates Highlights Premier America’s 1.50% APR Auto Loan Sale Event

GOBankingRates spotlights its client Premier America for launching a summer loan and charity promotion.

Read More »

GOBankingRates Reports: 9 Best Auto Loan Rates Available in Los Angeles

Car prices are rising, yet auto loan rates remain low, at least for now; to get behind the wheel, borrowers are taking out larger loans than ever before. To help buyers take advantage of the lowest auto loan rates today from local institutions, GOBankingRates released a list of the best rates in Los Angeles. “Although...

Read More »

Auto Loan Interest Rates Today: Twentieth Century Fox Federal Credit Union at 2.25% APR

Car shopping can quickly take on many twists and turns, sort of like the complex plot of a movie. Selecting the right make and model is one thing, but when it’s time to negotiate for the right auto loan at the dealership, the story can take a quick turn into a world of high interest...

Read More »

Why First-Time Buyers Should Get Auto Financing From LA Financial Credit Union

When you’re in the market to buy your first car, there are a lot of pitfalls to avoid and opportunities that are easy to miss. Experienced car salesmen know they can squeeze a lot of extra dollars from first-time car buyers, so it’s wise to enter the showroom armed with as much knowledge and preparation...

Read More »

4 Ways LA Financial Credit Union Makes Buying a Car Easy and Painless

Buying a new car takes time and energy that you might not have. Not only is there the exhausting task of visiting dealership after dealership and test-driving a multitude of possible contenders, there’s also the job of securing financing. LA Financial Credit Union knows that your time is valuable and, understandably, you need the process...

Read More »

5 Reasons You Should Get an Auto Loan Through LA Financial Credit Union

An Experian report released early this month stated that the average amount people financed their vehicles for reached a record high in the third quarter, while interest rates dipped to their lowest since 2008. The report released on Dec. 4 revealed that the average amount borrowed for new vehicle loans in the third quarter was...

Read More »

New Report Identifies 10 Lowest Auto Loan Rates in Los Angeles

The latest study from GoBankingRates.com  guides Los Angeles car shoppers looking to finance a new car by the end of 2013. “The holiday season is an excellent time to buy a new vehicle, because carmakers are feeling the rush to clear out recent models. If you’re thinking about making a car purchase in the next...

Read More »

5 Ways Foothill Federal Credit Union Helps Members Afford a New Ride

Turn to Foothill Federal Credit Union for low rates and excellent service.

Read More »

Deal of the Day: E-Central Credit Union Auto Loans at 2.49% APR

Acquiring a new car doesn’t have to be hard. Finding good financing can make all the difference when you have to purchase a new set of wheels. However, finding financing options that don’t result in a steep monthly payment can be a difficult task. Not so for members of California’s E-Central Credit Union, which offers...

Read More »