Affordable Financing Options for Used Car Buyers
Discover competitive used car financing options with interest rates ranging from 2.87% to 4.91%. Learn about loan durations, key lenders like Bank of America and US Bank, and the possibility of financing private sales. Stay informed to secure the best deal on your used vehicle purchase.
Affordable Financing Options for Used Car Buyers
Thinking about purchasing a used vehicle instead of a new one? Rest assured, securing financing for used cars is quite accessible. Many banks and financial lenders provide competitive interest rates, usually depending on factors like the car's age and your credit profile. Recent trends in used car financing in early 2017 indicate interest rates ranging from 4.88% to 4.91%. The loan duration typically spans 36 months, but options for 48 or 60 months are also common. Your location can influence the terms available to you.
