Car Loans - Need to finance a car?
Information on car financing, auto loans and new car loan.
Buying a new car without busting the household budget is a real struggle. A good first step is to determine how much you can afford, both in terms of a monthly payment and the price of car you can afford.
Car Loans Advice
Car loans remain surprisingly cheap
Car loans only cost a little more than they did last fall. For most buyers, that means they'll only pay a couple of dollars more per month more than they would have a year ago, when interest rates fell to record lows on virtually every type of auto financing.
November 13th 2014
Autumn car loans from Capital One start at 2.69%
Some of late autumn's best auto financing deals are at Capital One Bank. You can borrow as much as $40,000 and finance up to 100% of the value of any new car or trick, which means you don't need a down payment.
November 8th 2014
Bank of America is offering cheap car loans
The nation's second-largest bank is charging as little as 2.34% APR for 60-month new car and truck loans and only 2.49% APR to finance used vehicles for that long.
Kia offers free financing and rebates
Apply for zero-interest loans for up to 60 months on the 2014 Optima midsize sedan or Forte compact and receive $1,000 cash back with the Optima or $500 cash back with the Forte.
Leasing promotes illusion, not reality, of wealth
If you're out to build real financial security, you've got to view leases as a clever financing plan that automakers often use to move high-end cars and trucks that ultimately claim a bigger, never-ending piece of your paycheck.
Consider a 5-year car loan that starts at 1.99%
LighetStream, an online lender that's a division of SunTrust Bank, has some of the best deals on new car financing we've seen this year. You'll need very good credit to qualify, but those loans are available nationwide.
State Farm Bank auto loan costs just 2.44%
You may think of car insurance when you think of State Farm, but the company also has an affiliated bank that offers vehicle loans.
Ford offers free financing on F-150, Fusion, other models
Free financing is back with a vengeance at Ford dealers this month. The automaker is offering 0% loans on the Ford F Series pickup -- the best-selling vehicle in the country -- and some of its most popular cars.
Pay less than 2% for a car loan this spring
Pretty much anyone can join Pentagon Federal Credit Union and take advantage of its very competitive car loans. Rates start as low as 0.49% for three-year loans to 1.99% for five-year financing.
Auto loan rates fall below 4% at TD Bank
TD Bank checking and savings account customers can take advantage of a cheap new car loan, with rates as low as 3.79% on terms up to five years.