What is the average interest rate on a car loan in Massachusetts?
Massachusetts 5-Year Auto Loan
| Lender | APR (%)? | Monthly Payment |
|---|---|---|
| Bank Of America, National Association Updated 01/18/2021 | 2.59% | $444.68 |
| Pentagon Credit Union Updated 06/25/2020 Restrictions | 2.89% | $448.00 |
| Foxboro Federal Savings Updated 08/29/2019 | 2.99% | $449.11 |
| Family Federal Savings, F.a. Updated 08/29/2019 | 2.99% | $449.11 |
Which bank has lowest car interest rate?
Compare Car Loan Interest Rate for All Banks
| Bank | Car Loan Interest Rates | Lowest EMI per lakh for Max Tenure |
|---|---|---|
| Axis Bank ⊕ Compare | 8.20% Fixed | ₹ 1,569 for 7 years |
| IndusInd Bank ⊕ Compare | 8.00% Fixed | ₹ 2,028 for 5 years |
| Kotak Bank ⊕ Compare | 6.50% Fixed | ₹ 1,957 for 5 years |
| PNB ⊕ Compare | 7.55% Floating | ₹ 1,536 for 7 years |
Does Capital One have good auto loan rates?
Shoppers in this category may see new-car loan rates as low as 3.99% from Capital One, and used car loan interest rates as low as 4.62%….Capital One Auto Loan Rates.
| Credit Score | New Car Loan | Used Car Loan |
|---|---|---|
| Excellent | 3.99% | 4.62-5.31% |
| Average | 4.22-6.33% | 5.92-8.99% |
| Rebuilding | 7.99-10.28% | 9.19-13.97% |
Can you negotiate car loan interest rates?
Yes, just like the price of the vehicle, the interest rate is negotiable. The first rate for the loan the dealer offers you may not be the lowest rate you qualify for. With dealer-arranged financing, the dealer collects information from you and forwards that information to one or more prospective auto lenders.