Apply For A Los Angeles Car Loan Today and Drive Home Tomorrow
Rates for 36-month used-car loans in Los Angeles fell 24 basis points to 8.06 percent on Monday, according to Bankrate.com’s daily Your Best Interest report. A basis point is one-hundredth of a percent.
Someone taking out a $10,000.00 36-month used-car loan at the current average would pay $313.64 a month for the life of the loan.
In Los Angeles, the highest rate on a 36-month used-car loan was 14.25 percent. The lowest rate in Los Angeles was 5.74 percent. Six months ago, the average rate was 8.14 percent.
