Car Loan Interest Rates 2013

Car Loan Interest Rates 2013 are some of the best Rates in the last Decade so makes for a Great time to buy a New or Used Car.  Low Interest Rate Car Loans allows you to buy a more expensive car and have an equal payment to a high interest cheap car loan.

For Instance:
$10,000 Car at (12.9% Car Loan Interest Rate) may equal=$350 Car Payment
Whereas:
$15,000 Car at (4.9% Car Loan Interest Rate) may equal=$350 Car Payment

These Car Loan Calculations are theoretical, but you get the idea.  You can get a much more expensive car when the Car Loan Interest Rates are Lower.

Car Loan Interest Rates 2013 have been some of the lowest I can remember.  Whether you are looking for a New Car Loan or Used Car Loan, Interest Rates are phenomenal!  The interest rates for New Cars are around 4.9% with incentivize rates as low as 0% with some Car Makers.  Incentivize just means that you lose the rebate if you take the alternate low interest rate.  Used Car Loans in 2013 are as Low as 4.9% with some Makers offering 1.9% on Certified Used Cars!  This is unheard of, but a GREAT time for Car buyers to take advantage of these Low Interest Rates.

When you are ready to buy your car, be wary that dealers are trying to snag a few extra dollars by trying to steal your trade in.  Get quotes from several dealers before you decide. It would even be a good idea to sell your car before you go to buy your New Car, but other buyers are probably taking advantage of Dealer Incentives and Low Interest Rates as well so may be harder to sell as an individual.