Rates Blog

Finance Blogs » Rates » Auto loan rates in Austin, Texas

Auto loan rates in Austin, Texas

By Mitch Strohm · Bankrate.com
Sunday, April 21, 2013
Posted: 11 am ET

There's no question that it's a great time to be in the market for a new vehicle. Not only are fuel efficiency standards on the rise, but car loan rates are low throughout the country. And there are plenty of lenders in Texas offering better-than-average deals. Use our tools to find the best auto loan rates in Austin, TX, today.

You can currently pick up a 48-month new-car loan for an average of 4.03 percent. And if you're looking for the lowest rates in Texas, try fixing errors on your credit report. Correcting errors on your credit might increase your score, and lenders tend to offer the best rates to those with the best credit. Our research can help you find the lowest auto loan rates in Austin, TX.

Auto loan rates in Austin, Texas

Here are the auto loan rates in Austin, TX, as of 10:00 a.m. on Friday. The 48-month new-car loan rates vary from 1.74 percent to 5.24 percent.

Lenders Product Rates
BBVA Compass 48-month new car 5.24%
Chase Bank 48-month new car 3.23%
LightStream 48-month new car 2.69%
Bank of America 48-month new car 3.24%
Pentagon Federal Credit Union 48-month new car 1.74%

Use our auto loan calculator to check your monthly car payment.

Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.
1 Comment
Martin Thompson
November 21, 2012 at 7:46 am

Before you file for auto financing it’s always a good idea to know what your current credit score is so that you’re aware of the type of loan you will receive. This is important because every used auto lot is partnered with a different lending company or bank, which has a crucial effect on which credit scores do or don’t qualify.
Auto loan Austin TX