Who Has the Best Car Loan Rates?
That depends on what kind of car you’re looking at as well as your current financial situation. A better question to ask is: Who has the best car loan rates for me? You can find loans through lenders such as MyAutoLoan, U.S. Bank, and Bank of America to name a few. At Jaguar Palm Beach find the loan that’s right for you and your budget. Contact our finance department today to learn more or apply online.
What is the Current Interest Rate for Car Loans?
Current rates depend on your credit score. On average, these are what the credit score to interest rate breakdowns are:
- Excellent credit: 850 – 740 = 3.2% interest rate
- Average credit: 739 – 680 = 4.5% interest rate
- Sub-par credit: 680 and below = 6.5 – 12.9% interest rate
The better your credit, the lower the interest rate. It’s best to keep your credit score in a good spot or raising it when you can. This can mean making small purchases and paying them off right away.
Car Loans and How to Get One
What is a good car loan rate? A good car loan rate can be as low as 3.2% with excellent credit and up to 12.9% with bad credit. When it comes to obtaining a car loan, you can start the process online if you’d prefer. You’d need a few pieces of information on hand including:
- Driver’s license and Social Security number
- Employment verification
- Proof of income
- Proof of assets
Once you have these things in order, go online to apply for financing through Jaguar Palm Beach. You can also come in to talk to someone in our finance department.
Apply for a Loan at Jaguar Palm Beach
View our new vehicle specials as well as lease deals to learn how you can make purchasing or leasing a new vehicle more affordable. Contact us today to find out your options as well as our current loan rates, and check out some of the exciting things happening in Palm Beach like the Kips Bay Decoration Show!
More From Jaguar Palm Beach
Image taken from https://www.norton.org/events/sunday-speakers-witold-rybczynski-02-24-2019 Whether you’re just looking for something fun to do on a rainy day, you want to beat the heat this summer, or you want something educational, our list of best Palm Beach museums has something for you! Check out this list of best museums in Palm Beach below and plan your…
When it’s time to take your new vehicle or used vehicle into the repair shop or authorized service center, you’ll want to know what type of parts you are getting. Learn the benefits of OEM parts and aftermarket parts at Jaguar Palm Beach and visit our parts center when it’s time to get replacement parts for your vehicle in…
Image from https://www.kipsbaydecoratorshowhouse.org/ For 46 years the Kips Bay Boys & Girls Club has celebrated the designs that have transformed a Manhattan home in the artistic Kips Bay Decorator Show House. The Kips Bay Decorator Show House Palm Beach kicks off their Opening Night Preview Party on January 25th at 6215 South Flagler, West Palm…