Is a 2.5% APR for 36 months a good rate on a Dodge Journey that costs $13,500?

I want to buy a 2016 Dodge Journey for $13,500. I applied for the loan and they gave me a rate of 2.5% for 36 months. Is this a good rate?

Answer provided by
Eric Schad
Answered on Jun 03, 2021
“That sounds like a decent deal. The question is whether you have shopped around for other rates.
If you take the first or only deal you come across, you’re leaving money on the table. Make sure to look around for the best rate, just as you would with car insurance. That’s how you’ll get the best deal.”

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