Your actual apr may differ and will be based upon several factors, including credit history, model year, term, and loan amount. Aprs start at 5.44% for used cars for up to 36 months. They're worse than their advertised new car rates,.
Navy Federal Auto Loan Rates
What is a car loan interest rate?
Does the navy federal auto loan allow me to finance a business or commercial vehicle?
If you qualify, navy federal offers competitive rates and high maximum financing amounts for new and used car loans as well as auto loan refinancing. You can also check out navy federal’s loans options with no down payment. My original approval to buy using a loan from nfcu (timing didnt work out, thus i didn't take the loan) was 72m at 5.29%, and that was with the loan improperly stating the car as used. Had 3 prior loans with them and never missed a payment.
Make sure you get quotes 1st because your insurance may be higher than your car payment. Financing for new vehicles with rates. Went through a local branch and got approved. The report analyzes more than 20 million auto loans originated between 2018 and 2022, and finds that servicemembers typically have larger loans, make smaller down.
My score’s a bit low only.
They did my used car loan for 7.24% (with nothing down) and i’m at a 725. Refinancing could lower your interest rate, decrease your monthly payment or both. Loan terms greater than 72 months. Curious how you got those rates.
Rates as of jan 31, 2025 et. Check today’s refinance rates and apply online. Offers a $200 bonus for refinancing an auto loan from another lender. Overall, consumers are in pretty good shape in terms of the household debt landscape, largely driven by stable balances and solid performance in mortgage loans.
For new vehicles, aprs start at 4.54% for terms up to 36 months.
Are you saying navy federal offered you 12% for a used car loan with a 740 fico? Use this helpful car payment calculator to determine what your monthly auto loan payment will be, and let us help you secure a loan with great rates for your next new or used car purchase. Refinance your car loan with navy federal credit union and see what you could save on monthly payments. Good luck on getting the lowest rates unless you have amazing credit and amazing income and no debt.
To confirm my preapproval check, what steps must the dealer take? Very surprised to have gotten a 9.9%apr from navy federal with a 772 credit score. Navy federal has a few different auto loan options with competitive rates and flexible terms, including the following: For the fourth quarter of 2023, the average interest.
Here’s what you need to know about auto loan interest rates, along with tips on how to get the best possible rate for your next ride.
Has no maximum restrictions on vehicle age or mileage.
