Auto Loan Interest Rates Today: BBVA at 2.99%

Most people will drive several types of cars in their lifetimes, as their tastes change from make and model; but one thing should always remain the same: obtaining the best auto loan rate possible. Without a lending process that’s friendly to your budget, large purchases like a new automobile can become a financial burden.

BBVA sends consumers looking for a new car in the right direction with a range of lending options designed to fit anyone’s budget. Car shoppers looking for a longer-term loan can seek out BBVA’s 2.99% interest rate for any new car financed up to 72 months, or six years.

Auto Loan Terms and Conditions

Fixed interest and flexible terms are the highlights of BBVA’s auto loan. Borrowers with excellent credit who qualify for the 2.99% APR can rest assured that this rate won’t change for the life of the loan, regardless of the term you choose — from a shorter, one-year period up to six years. There are no prepayment penalties for paying off your car early, and a host of payment options.

According to the bank, a sample 60-month auto loan for $20,000 at the posted 2.99% rate and no money down equates to a $359.28 monthly payment. Put some more money down to lower the fixed payment owed. Customers should note that the minimum loan size is $15,000.

Save for Your Future
Sponsors of

About BBVA

A leading banking franchise with more than 668 branches nationwide, BBVA operates throughout the Sunbelt region and, according to its website, ranks among the 25 largest commercial banks in the country based on deposit market share. BBVA is the fourth-largest bank in Texas.

The best auto loan rate keeps monthly payments low.

Other Terms and Conditions may apply. Additionally, interest rates are  based on the institution’s online published rates and may have changed since  this offer was posted. Please contact the financial institution for the most  recent rate updates and to review the terms of the offer.

Related Video

About the Author

Paul Sisolak

Paul Sisolak joined the GOBanking Rates team in January 2012 and has an extensive news reporting background, where he was primarily a staff writer for several major print newspapers and other noteworthy publications.

Read More

Auto Loan Interest Rates Today: BBVA at 2.99%
Close popup

Win $500 – and Start the New Year Right!

When you sign-up to receive bi-weekly email updates from GOBankingRates, you’ll automatically be entered for a chance to win our $500 #BestBanksBestYou sweepstakes. Sign up now!

Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For official contest rules, click here.