The article is mostly focused on Reading, Pennsylvania, but it's a trend happening all over the country. Lenders are definitely beginning to offer rates below the national average, so if you're hoping to buy, shop well for a lender!
I wonder if we could get a list of the best/cheapest lenders out there right now. That kind of information would be really helpful for me right now as I'm looking for a new job and, hopefully soon, a new car.
That is good news. I am glad to hear they are dropping, but for me it doesn't matter. I do not plan to be getting anymore car loans. I want to pay them off in full and forget about them.
Several people have told me their banks have offered them lower rates and chances to re-fi also. It's a lower rate, but for fewer months. It's a higher payment in the short run, but it's paid off sooner with less interest.
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.
Auto Loan Rates Dropping
Linear Mode
