Texas Banking Rates

Auto Loan Rates in Texas: February 22, 2011

Buying a new car (or even a used one) often requires a big financial commitment, and the auto loan rate you agree to when securing financing can either help you better budget the expense or lead to a financing nightmare. Don’t pay more for a vehicle that you should–research you rates option to find the best deal near you.

Researching interest rates from banks, credit unions and other lenders isn’t an easy task when there are so many options available. Luckily, that’s exactly what Texas Banking Rates does–we’re devoted to researching all of the available rates near you and showing you where the best offers are.

Below is a list of the current car loan rates available based on a loan amount of $10,000:

New Car Loan Rates – 3 Year Term

USAA FSB: 2.99% APR with an estimated monthly payment of $290.77
Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $290.77
Bank of America: 3.490% APR with an estimated monthly payment of $292.98

New Auto Loan Rates – 4 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $290.77
Bank of America: 3.490% APR with an estimated monthly payment of $223.52
Up2drive – a division of BMW Bank: 3.790% APR with an estimated monthly payment of $224.85

New Auto Loan Rates – 5 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $179.64
Bank of America: 3.490% APR with an estimated monthly payment of $181.87
Up2drive – a division of BMW Bank: 3.790% APR with an estimated monthly payment of $183.22

Used Auto Loan Rates – 3 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $221.30
USAA FSB: 4.040% APR with an estimated monthly payment of $225.97
Up2drive – a division of BMW Bank: 4.090% APR with an estimated monthly payment of $226.19

The above rates are accurate as of the publish date, based on the stated loan amounts, but are subject to change at any time.Please contact the lender directly regarding eligibility for advertised rates, changes to loan terms and conditions and any additional fees.