- Capital One Auto Finance: Capital One Auto Finance offers interest rates starting at 3.99% APR, with terms ranging from two to seven years. They also offer pre-approved financing, which means you can know your interest rate and monthly payment before you start shopping for a car.
- LightStream: LightStream is a division of SunTrust Bank that offers personal loans for a variety of purposes, including used car purchases. Interest rates start at 3.99% APR, with terms ranging from two to seven years.
- PenFed Credit Union: PenFed Credit Union offers used car loans with interest rates starting at 3.99% APR, with terms ranging from two to seven years. Membership in PenFed is open to military members, veterans, civilian employees of the Department of Defense, and their families.
- USAA: USAA is a financial services company that serves military members, veterans, and their families. USAA offers used car loans with interest rates starting at 3.49% APR, with terms ranging from two to seven years.
- Ally Bank: Ally Bank is an online bank that offers used car loans with interest rates starting at 3.99% APR, with terms ranging from two to seven years. Ally also offers a "Shop for Your Car" tool that allows you to search for used cars and get pre-approved for financing.
When comparing used car loan rates, it's important to consider not only the interest rate, but also the loan terms and fees. Be sure to read the fine print before you sign anything.
