Best Auto Loans for When You're Ready for a New Set of Wheels
- Overview of the best auto loans
- Best auto loans
- Summary of the best auto loans
- How much money will I need?
- Why you should use auto loans
- Why you shouldn’t use auto loans
- The bottom line
Overview of the best auto loans
|Bank of America||Streamlined purchases|
|Capital One||Pre-qualify online|
|LightStream||No vehicle restrictions|
|PenFed Credit Union||Low rates|
|U.S. Bank||New cars|
Best auto loans
Bank of America
PenFed Credit Union
- A term of 36 months or less
- A loan of $30,000 or more
- Financing 80% or less of the car’s value
- 800 credit score or higher
- Vehicle less than 12 months old
- Automatic payments from a U.S. Bank account
Summary of the best auto loans
|Lender||New car APR||Used car APR||Minimum loan||Term||Extra discount|
|Bank of America||2.59%||2.89%||$7,500||12-75 mos||0.25% - 0.5%|
|Capital One||N/A||N/A||$4,000||24-84 mos||None|
|U.S. Bank||2.59%||2.59%||$30,000||12-72 mos||0|
How much money will I need?
Do lenders restrict the type of vehicle I can buy?
Can I pay my loan off early?
What about a loan from an auto dealer?
Should I get a personal loan?
Why you should use auto loans
Why you shouldn’t use auto loans
The bottom line
Reclaim Up to $610/Year in Car Insurance
Here’s the thing: your current car insurance company is probably overcharging you. But, who has the time to look around for around a new company?
A website called CarInsurance.net makes it super easy to see if you’re getting the lowest price. All you have to do is enter your ZIP code and your age, and it’ll show you your options.
Using CarInsurance.net, people have saved up to $610 a year.
It takes just a few minutes to see how much CarInsurance.net could put back in your pocket. And the best part? Because we’re driving less, some insurers are slashing prices this month.