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Average auto loan rates were mostly lower again this week. 3 year new auto loan rates are averaging 5.015 percent this week, down fractionally from last week’s average rate of 5.020 percent. You can find 3 year new car loan intrest rates lower than the national average rates. Right now on our California auto loan rate list for a 3 year new auto loan two credit unions are offering loans below 3.00 percent. LA Fireman’s CU is offering rates at 1.99% and and Pentagon Federal Credit Union is offering rates at 2.99%.

4 year new auto loan rates are averaging 5.143 percent, down from the prior week’s average rate of 5.15 percent. Again, these interest rates are average rates, there are banks and credit unions offering 4 year new auto loan rates lower than the national averages.

5 year new auto loan interest rates are currently averaging 5.265 percent, down fractionally from last week’s average of 5.27 percent. On our 5 year new auto loan rate tables across the United States PenFed Credit Union is offering rates at 2.99 percent.

4 year used auto loan rates are averaging 5.538 percent, down from the prior week’s average 4 year used auto loan rate of 5.51 percent.

Average Auto Loan Rates Today:

3 Year New Auto Loan Interest Rates 5.015%

4 year New Auto Loan Interest Rates 5.143%

5 year New Auto Loan Interest Rates 5.265%

4 year Used Auto Loan Interest Rates 5.538%

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Source: [monitorbankrates]