Comerica Bank Auto Loan Rates (2024)

1. Comerica Bank New Auto - 36 Mo rates in National - www.datatrac.net

  • Comerica Bank's rate for a $15,000 auto loan beats the National average by up to 25% and is eligible for a Datatrac Great Rate Award and saving you as much as ...

  • Comerica Bank auto loan rates in National - US

Comerica Bank New Auto - 36 Mo rates in National - www.datatrac.net

2. Smart Option Student Loan - Sallie Mae Loan - Comerica Bank

  • Reach your educational goals by applying for a Smart Option Student Loan by Sallie Mae. Flexible repayment options and competitive interest rates.

Smart Option Student Loan - Sallie Mae Loan - Comerica Bank

3. Auto Loans | Car Financing - Commerce Bank

  • Apply online for a New or Used Auto Loan or refinance your existing auto loan at Commerce Bank. We offer flexible terms and competitive lending rates.

Auto Loans | Car Financing - Commerce Bank

4. New Automotive Dealers - Comerica

  • At Comerica, we've become a leader in financing franchised auto dealers. From vehicle inventory and real estate financing, to acquisition capital and ...

  • With $7.5 billion in outstandings to more than 600 new car dealerships in over 40 states,¹ our financial advisors are here to help you every step of the way.

New Automotive Dealers - Comerica

5. Comerica Bank New Auto - 36 Mo rates in Burlingame, CA - Datatrac

  • Comerica Bank's rate for a $30,000 auto loan beats the Burlingame, CA average by up to and is eligible for a Datatrac Great Rate Award and saving you as much as ...

  • Comerica Bank auto loan rates in Burlingame, CA - CA

Comerica Bank New Auto - 36 Mo rates in Burlingame, CA - Datatrac

6. Auto Affordability Improves Even as Rates Begin to Rise, Comerica ...

7. Personal Finance & Banking Services | Comerica

  • Student Loan · Comerica Web Banking · Full-Service Checking Accounts · IRAs

  • Comerica offers a wide range of personal finance services, including checking and savings accounts, web and mobile banking, and credit cards.

Personal Finance & Banking Services | Comerica

8. Auto Loan Refinance - Commerce Bank

  • Rates are subject to change. These rates are available only for new and used car, truck and motorcycle loans. Your APR will be determined based on ...

  • Refinancing a car with Commerce Bank can save you money by lowering your interest rate.

Auto Loan Refinance - Commerce Bank

9. Comerica News Releases

  • ... Auto Affordability Index compiled by Comerica Bank. The latest reading is ... A 37 basis point reduction in the interest rate on car loans at finance ...

  • The purchase of an average- priced new vehicle took 24.4 weeks of median family income in the fourth quarter, according to the Auto Affordability Index...

10. Auto Loan Rates | MI New & Used Car Loan Financing | CUONE

  • We're geared up to offer great financing deals ; Up to 72 Months, 7.17%, $3,000 ; Up to 84 Months, 7.87%, $3,000.

  • At Credit Union ONE, we're geared up to offer great auto loan rates that can help you finance your next new or used car in MI. See our rates and apply now.

Auto Loan Rates | MI New & Used Car Loan Financing | CUONE

11. Small Business Financing Solutions - Comerica Bank

  • For applications between $100,001 to $500,000, the promotional rate is 9.24% on loans secured by a business asset UCC filing, vehicle or unsecured up to ...

  • Comerica Incorporated is a financial services company headquartered in Dallas, Texas. It has retail banking operations in Texas, Michigan, Arizona, California and Florida, with select business operations in several other U.S. states, as well as in Canada and Mexico. Learn more by visiting www.comerica.com

Small Business Financing Solutions - Comerica Bank

12. Vehicle Loan - Cbq.qa

  • With Commercial Bank s corporate banking services, you can be assured that your business needs are served with the best support. Visit us and get started!

Vehicle Loan - Cbq.qa

13. Comerica Bank Review 2024 - Bankrate

  • Comerica savings rates ; 05/07/2024 · 0.59% ; 04/02/2024 · 0.58% ; 03/05/2024 · 0.57% ; 01/02/2024 · 0.58% ; 12/05/2023 · 0.57%.

  • Read our experts' review on Comerica Bank's features and product offerings. Bankrate reviews and compares hundreds of banks to help find the right fit for you.

14. Comerica Bank Branches located in Detroit, MI for Auto Loan Lender

  • List of branch locations for Comerica Bank in Detroit that can assist with your auto loan lender.

  • List of branch locations for Comerica Bank in Detroit that can assist with your auto loan lender

Comerica Bank Branches located in Detroit, MI for Auto Loan Lender

15. Your Money: Car loans are cheap, but shop around - USA Today

  • 16 jan 2013 · Comerica's 3.99% rate, for example, applies to 60-month and 72-month car loans. Melinda Zabritski, director of automotive credit for Experian, ...

  • Rates are low, but if you don't shop around for loans, you could get taken for a ride.

Your Money: Car loans are cheap, but shop around - USA Today

16. Compare Michigan 5-Year Auto Loan Rates - BestCashCow

  • Michigan 5-Year Auto Loan ; First State Bank Updated 08/28/2019. 3.75%, $457.60 ; Monroe Bank & Trust Updated 09/10/2019. 4.40%, $460.30 ; Lake Michigan Credit ...

  • Find the best Michigan 5-Year Auto Loan rates and car loan rates. Compare payment and rate to find the best car loan for your vehicle in Michigan.

Compare Michigan 5-Year Auto Loan Rates - BestCashCow

17. CommunityAmerica Credit Union: Banking, Loans & Mortgages

  • Auto Loans. Rate as low as 6.94% ; Hybrid Home Equity. Rate as low as 6.49% ; High Interest Savings. Rate as high as 5.00% ...

  • We're not just a credit union, we're one of the largest financial institutions based in the Kansas City area. Contact us today!

CommunityAmerica Credit Union: Banking, Loans & Mortgages

18. Loan Calculator - Commercial Bank of Qatar - Cbq.qa

  • Decide an affordable monthly repayment, input this monthly repayment to see how much you can borrow. How much will I pay ? Qatari, Expat. Price of Vehicle

  • With Commercial Bank s corporate banking services, you can be assured that your business needs are served with the best support. Visit us and get started!

Loan Calculator - Commercial Bank of Qatar - Cbq.qa
Comerica Bank Auto Loan Rates (2024)

FAQs

What is a good APR for a 72 month car loan? ›

Compare 72-Month Auto Loan Rates
LenderStarting APRAward
1. MyAutoloan6.99% for 72-month auto loansBest Low-Rate Option
2. Autopay5.69%*Most Well-Rounded
3. Consumers Credit Union5.99% for 72-month loansMost Flexible Terms
4. PenFed Credit Union4.74% for 72-month loansMost Cohesive Process
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Is 7% interest on a car loan good? ›

Car Loan APRs by Credit Score

Excellent (750 - 850): 2.96 percent for new, 3.68 percent for used. Good (700 - 749): 4.03 percent for new, 5.53 percent for used. Fair (650 - 699): 6.75 percent for new, 10.33 percent for used. Poor (450 - 649): 12.84 percent for new, 20.43 percent for used.

Can you negotiate auto loan rates? ›

Yes, just like the price of the vehicle, the interest rate is negotiable. Dealers may not offer you the lowest rate that you qualify for. To get the best interest rate, shop around with multiple lenders and negotiate.

Who is offering the best auto loan rate? ›

According to our research, AutoPay currently offers the best auto loan rate for new car purchases, with annual percentage rates (APR) as low as 4.67% for new vehicles. PenFed Credit Union, Auto Approve, Consumer's Credit Union, Auto Credit Express and iLending also offer some of the most competitive rates available.

Is it smart to finance a car for 72 months? ›

Is a 72-month car loan worth it? Because of the high interest rates and risk of going upside down, most experts agree that a 72-month loan isn't an ideal choice. Experts recommend that borrowers take out a shorter loan. And for an optimal interest rate, a loan term fewer than 60 months is a better way to go.

Why is a major downside of a 72-month loan? ›

Depending on your initial loan amount, interest rate and how quickly and much your car depreciates, the amount you still owe on a 72-month auto loan might come to exceed the car's resale value. This is what's known as being “underwater” or “upside down” on the loan, or having negative equity.

What interest rate can I get with a 800 credit score car loan? ›

Average Car Loan Interest Rates by Credit Score
Credit Score RangeNew Car Loan RatesUsed Car Loan Rates
781 to 8505.64%7.66%
661 to 7807.01%9.73%
601 to 6609.60%14.12%
501 to 60012.28%18.89%
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What is a bad APR for a car? ›

Average car loan interest rates by credit score
Credit scoreAverage APR, new carAverage APR, used car
Nonprime: 601-660.9.62%.13.72%.
Subprime: 501-600.12.85%.18.97%.
Deep subprime: 300-500.15.62%.21.57%.
Source: Experian Information Solutions, 1st quarter 2024.
2 more rows
Jul 9, 2024

Will auto loan rates go down in 2024? ›

Auto loan rates for new and used vehicle purchases fell in the first quarter of 2024 to 6.73% and 11.91%, respectively, down slightly from the 15-year highs we saw at the end of 2023, according to Experian.

How can I lower my dealership interest rate? ›

4 ways to save on dealership lending
  1. Up the down payment. Auto loans with low interest rates generally go to car shoppers with good or excellent credit. ...
  2. Shop the out-the-door price. ...
  3. Be prepared to walk away. ...
  4. Use lender quotes to negotiate.
Oct 2, 2023

Where is the best place to get a car loan? ›

Best Auto Loan Rates and Financing for August 2024
  • Best Overall: PenFed.
  • Best for Bad Credit/Low Rates: AUTOPAY.
  • Best Credit Union: Consumers Credit Union.
  • Best for Refinance: LendingTree.
  • Best for Fair Credit: LendingClub.
  • Best for Full Car Buying Experience: Carvana.
  • Best for High Maximum Accepted Mileage: OpenRoad Lending.
4 days ago

Why is my auto loan interest rate so high? ›

The Federal Reserve does not determine auto loan rates, but it does determine the rate at which banks can borrow federal funds. Due to that, it influences the rates banks then charge customers for loans, including ones on cars. In addition, inflation pushes vehicle sticker prices higher.

Which bank gives the cheapest car loan? ›

Best Bank For Car Loan In India 2024
Bank NameBest Car Loan Interest Rate
SBI Car Loan7.20% p.a. onwards
Federal Bank Car Loan8.50% p.a. onwards
Canara Bank Car Loan7.30% p.a. onwards
Bank of Baroda Car Loan7.00% p.a. onwards
1 more row
Jul 11, 2024

What bank is best to get a car loan? ›

Best auto loans and financing of August 2024
  • Best from a big bank: Capital One Auto Finance.
  • Best from a credit union: PenFed Auto Loans.
  • Best for rate shopping: myAutoloan.
  • Best for a simple online experience: Carvana.
  • Best for used vehicles: CarMax Auto Finance.
  • Best for refinancing: Autopay.

How can I get a better interest rate on a car loan? ›

How to get the best auto loan rates: Your 6-step guide
  1. Check and improve your credit score.
  2. Start with lenders you already work with.
  3. Do your research.
  4. Shop the total loan amount.
  5. Apply within a two-week period.
  6. Compare car loan quotes.
Jul 25, 2024

Is 6% APR car loan bad? ›

If you can get a rate under 6% for a used car, this is likely to be considered a good APR.

What is 6% interest on a $30,000 loan? ›

For example, the interest on a $30,000, 36-month loan at 6% is $2,856.

How much is a $35,000 car loan payment 72 months? ›

If you take out a $35,000 new auto loan for a 72-month term at 4.0% interest, then your monthly payment will be $547.58. Although your monthly payments won't change during the term of your loan, the amount applied to principal versus interest will vary based on the amortization schedule.

Is 7.75 APR good for a car loan? ›

Generally, a good APR for a car loan might look something like this: Excellent Credit (750+): 3% or lower for new cars, 4% or lower for used cars. Good Credit (700-749): 4-5% for new cars, 5-6% for used cars. Fair Credit (650-699): 6-7% for new cars, 7-8% for used cars.

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