Lowest 3-Year Auto Loan Rates in Detroit, MI
When you buy a new car, a top goal is usually to save as much money as possible on the purchase. However, the price of your car is just one factor in how much it will cost you. You must also consider the interest rate you obtain, as well as the term length of your loan.
When you buy a new vehicle, obtaining a low auto loan rate in Detroit will ensure you don’t pay more in interest. A short term length will also prevent you from paying more interest than necessary. The following are lenders in Detroit currently offering the best auto loan rates for a term length of just 3 years.
Best Detroit Auto Loan Rates: 36-Month Term
- Pentagon Federal Credit Union: 2.49% APR
- Fifth Third Bank: 3.33% APR
- Up2drive – a division of BMW Bank: 3.49% APR
- Credit Union ONE: 3.49% APR
- Nationwide Bank: 3.70% APR
Please note you may be offered a different rate based on your credit profile. Rates are based on a loan amount of $10,000 and are accurate as of May 6, 2011, but are subject to change at any time in the future.
