Is There an Average Car Loan Interest Rate?

Average auto loan interest rates vary based on inflation and other outside factors, but the Classic Acura finance team is always dedicated to helping Texas drivers secure the most competitive rates they qualify for.

Does Credit Score Affect Auto Loan Interest Rates?

Did you know your credit score affects the Acura financing rates you’re eligible for? If you have a long-standing history of responsible credit usage, you may be able to secure lower interest rates than a first-time car buyer or someone with bad credit. There are several free online tools to check your credit score and get an idea for the type of auto loan rates you can expect before you stop by.

Car Loan Interest Rate FAQs | Acura Dealer in Beaumont, TX

Car Loan Interest Rate FAQs

Not sure how auto loan interest works? Want to learn more about average used car loan interest rates right now? Make your way to our Beaumont Acura dealership for guidance and advice from finance experts who have your best interests at heart as you look to finance a new Acura SUV or a high-quality used car in Texas.

Finance manager handing car keys over to happy customers

Happy couple driving away in their new vehicle

What Is Auto Loan Interest?

Interest is what you pay to borrow money from the lender who finances the purchase of a vehicle. These charges are included in monthly car payments. The specific rates are based on several personal and external factors including the cost of the vehicle, your credit history and national inflation. There are different average car loan interest rates for used cars, as well, which is something to keep in mind when deciding to buy a new Acura MDX or shop our used cars for sale in Beaumont.