Which bank has the lowest interest rate for car loans?

Compare the Best Auto Loan Rates

Lender Lowest Rate Terms
PenFed Credit Union Best Overall 0.99% 36 to 84 months
LightStream Best Online Auto Loan 2.49% 24 to 84 months
Bank of America Best Bank for Auto Loans 2.39% 12 to 75 months
Consumers Credit Union Best Credit Union for Auto Loans 2.49% 0 to 84 months

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Just so, is a 72 month car loan bad?

A 72month car loan can make sense in some cases, but it typically only applies if you have good credit. When you have bad credit, a 72month auto loan can sound appealing due to the lower monthly payment, but, in reality, you’re probably going to pay more than you bargained for.

Beside this, which bank is best for car loans? Compare Best Car Loan Interest Rates in India for 2021
Bank Name Car Loan Interest Rates Processing Fee
Federal Bank Car Loan 8.50% p.a. onwards Contact the bank
SBI Car Loan 7.70% p.a. onwards Rs.1,000 plus GST onwards
ICICI Bank Car Loan 7.90% p.a. onwards 0.5% of the loan amount

In this way, what credit score do you need to get 0% financing on a car?

800 and above

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