Top Car Loan Rates in Detroit: 48-Month Term

Car loans in Detroit of different term lengths will also offer different interest rates. Some lenders have the best rates on particular loan terms, while less competitive offers for other lengths of time. Knowing how long you plan to finance your car will help you find the best interest rate for that specific term.

The following are the lowest rates available in Detroit today for a car loan of 48 months, or four years.

Best 4-Year Car Loan Rates in Detroit

Pentagon Federal Credit Union: 2.49% APR
Fifth Third Bank: 3.33% APR
Credit Union ONE: 3.49% APR
Up2drive – a division of BMW Bank: 3.99% APR
Dearborn Financial: 4.39% APR

Please note these rates are based on a principal loan amount of $20,000 and are accurate as of May 9, 2011. However, rates are subject to change at any time and you may be offered a different rate based on your credit. Contact individual lenders to verify rates before applying for a loan.