Here is a look at the national car loan interest rates average as of 12/26/2012. Interest rates remained the same this week following a nice drop the previous week. They are going to end the year at very low levels.
Here is a look at the average local rates for random cities using the most common car loan rate lengths. Rates typically vary based on region. Interest rates are based on available local offers.
City
60 Month New Car Loan
48 Month Used Car Loan
Grand Rapid, MI
3.95%
3.67%
Columbia, MO
3.65%
4.13%
Berkeley, CA
3.74%
4.37%
Source: bankrate.com - based on available local offers