Car credit history and how well a car note is paid. General credit history. If you make payments 30 or more days late on a consistent basis, for instance, your rate will almost always be higher than the average. Type of car. New cars usually have lower rates.
Older cars have higher rates.
Money down and amount financed. How much you pay out each month vs. how much you take in. The more debt you have, the higher the risk for the bank so the rate is almost always higher than average. To continue on and fill out the application click below to be connected to a secure page. You can also click and return to the main page.