Compare the Best Local Rates
Detroit, MI is widely known as being the hub of automotive production. As such, it's only fitting for Detroit, MI drivers to receive the lowest auto loan rates available in the city. In order to guide you through the hundreds of auto loan rates, Detroit Banking Rates has gathered the best auto loan rates in the area to keep you saving money without sacrificing your budget or your car.

Our Featured Detroit Bank Rate

 

Best Auto Loan Rates

Best Rates (APY) Bank / Credit Union Account Type
1.99%
As of 2012-01-04
Pentagon Federal Credit Union Auto Loan
2.99%
As of 2012-01-04
Credit Union ONE Auto Loan
3.33%
As of 2012-01-04
Fifth Third Bank Auto Loan
3.74%
As of 2011-12-20
Key Bank Auto Loan
3.74%
As of 2012-01-04
Dearborn Financial Auto Loan
 

Detroit Auto Loan Rates

co-op services credit unionWhen looking around at Detroit auto loan rates, you don’t have to go to a big commercial bank for a decent loan. Members can go to Co-Op Services Credit Union, a non-profit institution. Auto Loan Options at Co-Op Services Credit Union

Are you aware the end of the year is one of the best times to get competitive deals on new cars? If you’re considering a new auto purchase, now could be the optimal time to buy. Avoid making a purchase hastily–finding a great Detroit auto loan rate is imperative to an affordable new car. Today’s Best Detroit Auto Loan Rates

Do you need a new car? While you might be thinking about options like style, model and price range, another important factor to consider is the interest rate you secure on the loan. Detroit auto loan rates vary in affordability, so it’s vital you investigate the best lenders and rates before committing to a loan. Best 36-Month Auto Loan Rates in Detroit

When it’s time to buy a car, most people need a loan to help cover the cost of a vehicle. An auto loan is a great way to take a big expense like a new car and spread it out over a long period of time. This allows you to contribute smaller monthly payments toward the total, along with interest, and fit the purchase into your budget more easily. However, borrowing money to buy a car is only beneficial if you find the lowest Detroit auto loan rates. Where to Find the Best Detroit Auto Loan Rates

Most people need some help covering the cost of a car. Whether brand new or a few years old, cars are expensive and a loan can help fit the big purchase into a modest budget–that is, if the terms of the loan are affordable for the borrower. There’s a lot that can affect how much a Detroit car loan really ends up costing you, including the age of the vehicle you’re buying. Here’s what to know about buying new versus used. Choosing Between a New or Used Detroit Car Loan

Knowing the right time to buy a car is important, especially when times are as tough as they are. Sometimes people put off buying a new car and instead keep their old car until the wheels fall off. At first thought, this seems like a good idea, until you realize that paying for new wheels is expensive. Upgrade Vehicles with These Great Detroit Car Loan Rates

Purchasing a car in Detroit can be substantially more expensive for the person with bad credit than the person with a prime credit score, due to the higher interest rates. But this doesn’t mean you can’t find reasonable Detroit auto loan rates. Detroit Bad Credit Auto Loan Rates – June 4, 2011

If you’ve been thinking about buying a new set of wheels, now is the time to buy. Interest rates are at all-time lows, which translates into better rates for you. However, before you go looking for the latest make and model, make sure you can afford the car of your dreams by checking auto loan rates. Remember, the most your rate, the more you’ll pay over the life of your loan. Best 60-Month Detroit Auto Loan Rates – May 23, 2011

If you’ve been thinking about getting yourself or a member of your family into a new set of wheels, now is the time to buy. However, before you go looking for the latest make and model, make sure you can afford the car of your dreams by checking auto loan rates. Remember, the most your rate, the more you’ll pay over the life of your car. Detroit 48-Month Auto Loan Rates – May 23, 2011

If you’ve been thinking about getting yourself or a member of your family into a new set of wheels, now is the time to buy. However, before you go looking for the latest make and model, make sure you can afford the car of your dreams by checking auto loan rates. Remember, the most your rate, the more you’ll pay over the life of your car. Detroit 36-Month New Auto Loan Rates – May 23, 2011