California Banking Rates

Lowest Car Loan Rates in California: February 22, 2011

If you want to buy a new car but are worried paying interest on a loan will be too much to handle, know that finding a lender offering low auto loan rates will help make a big purchase like a new vehicle much more affordable.

Researching interest rates from banks, credit unions and other lenders isn’t an easy task when there are so many options available. Luckily, that’s exactly what California Banking Rates does–we’re devoted to researching all of the available rates near you and showing you where the best offers are.

Based on a $30,000 auto loan, you can find the following financing rates in your area:

New Car Loan Rates – 3 Year Term

LA Firemen’s Credit Union: 1.99% APR with an estimated monthly payment of $859.15
Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $872.30
ChevronTexaco FCU: 3.090% APR with an estimated monthly payment of $873.63

New Auto Loan Rates – 4 Year Term

LA Firemen’s Credit Union: 1.99% APR with an estimated monthly payment of $650.72
Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $663.90
ChevronTexaco FCU: 3.090% APR with an estimated monthly payment of $665.22

New Auto Loan Rates – 5 Year Term

LA Firemen’s Credit Union: 1.99% APR with an estimated monthly payment of $525.70
Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $538.93
ChevronTexaco FCU: 3.090% APR with an estimated monthly payment of $540.26

Used Auto Loan Rates – 3 Year Term

LA Firemen’s Credit Union: 1.99% APR with an estimated monthly payment of $663.90
Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $650.72
Patelco Credit Union: 3.350% APR with an estimated monthly payment of $668.68

Please note that the above rates are accurate as of the publish date, based on the stated loan amounts, but are subject to change at any time. Please contact the lender directly regarding eligibility for advertised rates, changes to loan terms and conditions and any additional fees.