Question


Jane D

Best bank for Used Auto Loan?

After much shopping around for the best interest rate for a used auto loan, I am now totally confused!! Can someone suggest the best bank to go with for this type of loan? Thanks for your answers! :)

3 years ago - 2 answers

Best Answer

Chosen by Asker

Definetly try a credit union. I applied for financing for a car at the dealership, and I got approved for much less rate at a credit union. CU's usually specialize in car loans, (hence the lower rate), and they are non-profit organizations, so they will not jack up the rate. Good Luck!

by Fred L

3 years ago

Asker's Rating: 

Other Answers

Wells Fargo Financial Acceptance. its the sub of wells fargo for used autos, theyre also very open to credit issues, and will extend a used auto loan up to five years.

by pandora- 3 years ago