Car Interest Rates

December 16, 2008 by admin  
Filed under Auto Finance

Why do car interest rates fluctuate so much between various financial institutions?

Car Loan interest rates can differ depending on the amount you intend on borrowing, the duration of the car loan, the type of car you are buying, your credit history, and your asset or financial position at the time of taking out your loan.

More than often we witness bank interest rates being very competitive on home loans and currently as low as 5% to 6% yet the banks might be trying to get as high as 10% to 14%. We have researched some major players and St George and CBFC are offering really completive car loan deals.

To find a great deal on car interest rates visit Aussie Auto Loans