Auto loan rates for April 12, 2012

Interest Rate Roundup
Find the best auto rates in your area.

Auto Loans

  • 4.52% (60-month, new car)
  • 5.22% (36-month, used car)

It looks like auto loan rates will continue taking a breather from the wild dives we've seen over the last few months. The average rates for 48-month and 60-month new-car loans held steady this week at 4.41 percent and 4.52 percent, respectively.

Used-car loan rates were also unchanged, with the average rate for a 36-month used-car loan idling at 5.22 percent.

High gas prices are pushing automakers and drivers to seek better fuel economy, according to The Detroit News. A new study by the University of Michigan finds the fuel economy of new cars sold in the U.S. reaching 24.1 mpg, a record high. The fuel efficiency of vehicles sold in March is 20 percent higher than it was in October 2007, the first month the study was published.



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    Currencies
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    GCM16.CMX
    17.33-0.17-0.97%
    SIN16.CMX
    83.39-3.84-4.40%
    ^XAU
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    CLM16.NYM
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    N21.SI
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    G13.SI
    3.76-0.07-1.83%
    Z74.SI
    0.385-0.005-1.28%
    E5H.SI
    0.730.000.00%
    Y92.SI
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    0.48+0.08+20.00%
    BFK.SI
    0.194+0.019+10.86%
    D79.SI
    0.28+0.03+9.80%
    BHO.SI
    0.185+0.015+8.82%
    AYL.SI
    0.50+0.04+8.70%
    BQP.SI
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