What's the lowest interest rate I can get for a car loan?

I want to make sure that I don't overpay for a car loan. What's the lowest interest rate I can get?

Interest rates fluctuate from time to time, but in general they usually start around two percent and go up from there, depending on the applicant’s credit and the lender. Some dealers run special financing promotions on occasion, where qualifying buyers could get zero percent financing.
Johnny Puckett
Answered on Mar 08, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Read advice from car experts at Jerry

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
Find insurance savings — it's 100% free