The Lowest California Bank Used Car Purchase Auto Loan Rates

I love the smell of new cars, but my next one just might have to be used because buying a used car, just one year old, saves me a whopping amount and I’ll hardly notice the difference in car quality. And that’s what a lot of people are thinking in this economy. Save a buck, buy a one year used car.

Used car loans are usually 48-months or 36-months in length. For people who are looking to buy a used car, and save tons of money, our California banking editors have come up with a short list of the most competitive used auto loan rates from California banks.

Here’s the list, and be sure to factor in application fees, document preparation fees, and discounts with auto debits when buying a used car.

Los Angeles:
Bank of America – 4.09%
Chase Bank – 4.96%
Nationwide Bank – 5.42%
UnionBank – 9.99%
Kaiser Federal Bank – 12.12%
Wells Fargo Bank – 17.55%

San Diego:
Bank of America – 4.09%
Chase Bank – 4.96%
Nationwide Bank – 5.42%
Wells Fargo Bank – 17.55%

San Jose:
Bank of America – 4.09%
Chase Bank – 4.96%
Nationwide Bank – 5.42%
Comerica – 6.99%
Wells Fargo Bank – 17.55%

San Francisco:
Bank of America – 4.09%
Chase Bank – 4.96%
Nationwide Bank – 5.42%
UnionBank – 9.99%
Wells Fargo Bank – 17.55%

Sacramento:
U.S. Bank – 3.76%
Bank of America – 4.09%
Chase Bank – 4.96%
Nationwide Bank – 5.42%
Wells Fargo Bank – 17.55%

Oakland:
Bank of America – 4.09%
Chase Bank – 4.96%
Nationwide Bank – 5.42%
UnionBank – 9.99%
Wells Fargo Bank – 17.55%

If you want to get a California used car auto loan, start with this list of the lowest interest rates, which are the most competitve rates you are likely to find.