Who are the best providers of car loans?

Answered by Car Loans Expert Eric on February 11, 2021

There are a lot of car loan lenders out there and I don't know who to go with. Who are the best providers?

expert avatar


Car Loans Expert

In short, there isn’t a specific lender or type of lender that’s guaranteed to offer the best rate. However, credit unions can often offer the lowest rate because they aren’t hindered by their fiscal obligations to stakeholders or shareholders. That said, banks, third-party lenders, and even dealerships offer promotional rates below that of credit unions from time to time. But if you’re looking for the best rate on a car loan, always shop around. By doing so, you ensure that you find the best rate, term, and payment date available at the time you want to purchase a vehicle.

Car Loans

Have an insurance question?

Our insurance agents are ready to help you, for free.

Ask your question, it’s 100% free
Thousands of customers saved on average $887/year on their car insurance with Jerry
This app is great, but the customer service is even better! Not to mention convenient! My husband and I got the lowest rate (much lower than the rates I was finding online through my own searches), quickly, and pretty much all through text message! Thank you so much for a hassle free experience👍
Gabriella R.
Find savings (100% Free)
stars4.6/5 Rating on App Store