Getting a car loan with 50% down payment can be a good or bad idea. It is always good to place a good down payment deposit on an auto loan. The minimum most dealers expect is 5% of the loan, but financial advisors will counsel you to pay 20% down payment if you can. The [...]
| Loan Period | Rate (APR) | +/- | Last week | |
| 48 month used car loan | 4.35% |
|
4.36% | |
| 48 month new car loan | 3.24% |
|
3.25% | |
| 36 month used car loan | 4.36% |
|
4.36% | |
| 36 month new car loan | 3.13% |
|
3.13% | |
| Credit | Scorex Plus | Vantage Score | APR (used cars) | Monthly Payments $10,000 loan |
|---|---|---|---|---|
| Super Prime | 740+ | 801-990 | 4.70% | 298.36 |
| Prime | 680-739 | 701-800 | 6.66% | 307.22 |
| Non Prime | 620-679 | 641-700 | 9.51% | 320.38 |
| Sub Prime | 550-619 | 601-640 | 14.29% | 344.60 |
| Deep Sub Prime | < 550 | 501-600 | 17.65% | 359.77 |
| Auto loan lenders | Market share | Subprime Fico Score |
|---|---|---|
| Ally | 6.97% | 500 - 679 |
| Wells Fargo | 5.66% | |
| Chase | 5.13% | |
| Toyota | 4.79% | |
| Ford | 3.82% | |
| Honda | 3.54% | |
| Capital One | 3.37% | |
| Bank of America | 3.22% | |
| Nissan Infiniti | 1.95% | |
| 5TH 3RD Bank | 1.65% | |
| Americredit | 1.40% | |
| Santander | 1.38% | 575 - 680 |
| US Bank | 1.30% | |
| Suntrust Bank | 1.19% | |
| Hyundai | 1.18% | |
| TD Auto Finance | 1.15% | |
| Huntington | 1.07% | |
| Citizens | 0.99% | |
| USAA | 0.98% | |
| BMW Bank | 0.92% |
