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What is the average auto loan rates? I'm planning to buy a car soon and get it insured.
It depends on your credit. If your credit is good, I would say for 72 months 1.99% - 3.75%. It also depends on what vehicle you are buying. I have seen econo crap-box cars for under 1% interest.
Applied online to refinance with PenFed yeesterday afternoon. Called this morning to check status and it had already been processed and approved. Went from 4.5% with Ford credit to 1.49% . I have only made one payment on the Ford loan. $40 per month savings for 60 months saves me $2700. Not too shabby