California Car Loan Rates
With the economy bad people are stretching out the number of years they hold their car.
So how are California car loan rates faring? Here are the average figures for the US.
48 Month Used Car Average Loan Rate is 5.90%
48 Month New Car Average Loan Rate is 5.66%
What about California? Here are the loan rates from the biggest California banks:
California Bank 48 Month Used Car Average Loan Rate
Bank of America 3.59%
Chase Bank 4.61%
Nationwide Bank 5.95%
Union Bank 9.99%
Fullerton Community Bank 10.75%
Wells Fargo Bank 17.35%
California Bank 48 Month New Car Average Loan Rate
Bank of America 3.09%
Chase Bank 4.56%
US Bank 4.75%
Bank of the West 4.99%
Kaiser Federal Bank 11.75%