Wednesday, March 17, 2010

What is a good auto loan interest rate?

I'm planning to buy a 2005 Nissan Altima for $8500. The dealership is still running through their banks to find out what my payments would be and stuff. I'm also checking with my own banks, and my parent's credit union to see what I can get. I really have no idea what I should be looking for in an interest rate. I don't know what's too high, or what is ideal. Of course I'm going to go with whatever is lowest out of the banks, but I want to know what to expect before I sign those papers. What should I expect for an interest rate? I owe almost $3000 on my credit cards. I have a $5000 student loan that I haven't started paying yet (because I'm not done with school) and my credit score is almost 650. What's a good rate and what should I expect?

What is a good auto loan interest rate?
i think you are better off getting a personal loan rather than an auto loan as the interest rates are usually lower. Get all information about it at: http://www.credit-card-forums.com/thread...
Reply:Auto Loan Guide: http://autoloans.autoloanassis... Report Abuse

Reply:Look for a less expensive car and pay off debt before you get into trouible.


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