New Jersey Banking Rates

Car Loan Rates in New Jersey: February 22, 2011

If you want to buy a new car but are worried paying interest on a loan will be too much to handle, know that finding a lender offering low auto loan rates will help make a big purchase like a new vehicle much more affordable.

Don’t worry if you’re unsure about how to locate the best rates in your neighborhood. New Jersey Banking Rates compiles interest rates from thousands of banks, credit unions and other lenders, finding you the best deals so you don’t have to do it yourself.

Based on a loan amount of $10,000, you can find the following car loan rates in your area:

New Car Loan Rates – 3 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $290.77
Sovereign Bank: 3.240% APR with an estimated monthly payment of $291.87
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 $221.30
Sovereign Bank: 3.240% APR with an estimated monthly payment of $222.41
Bank of America: 3.490% APR with an estimated monthly payment of $223.52

New Auto Loan Rates – 5 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $179.64
Sovereign Bank: 3.240% APR with an estimated monthly payment of $180.76
Bank of America: 3.490% APR with an estimated monthly payment of $181.87

Used Auto Loan Rates – 3 Year Term

Pentagon Federal Credit Union: 2.99% APR with an estimated monthly payment of $221.30
PNC: 4.100% APR with an estimated monthly payment of $226.24
Sovereign Bank: 4.540% APR with an estimated monthly payment of $228.22

Please note that these rates are accurate as of the date of publication, based on the above loan amounts, but may change in the future. Please contact the lender directly regarding eligibility for advertised rates, changes to loan terms and conditions and any additional fees.