What is a Good Interest Rate for a Car Loan?

Application form for car loan and key on wooden table, close up view

No one wants to pay more than they should during the financing process, but what is a good interest rate for a car loan? The right research will lead you down the road to success, so you can ensure that you get a competitive deal on your next dream car! Before you apply for financing, take a look at our guide and learn what is a good car loan rate once and for all in the Palm Bay area:

New and Used Car APR

New Car Loan APR

Credit Score

Used Car Loan APR












What is a Good Car Loan Rate?

The best rates in Sebastian are usually given to applicants who appear trustworthy and reliable to lenders. To put it simply: the higher your credit score, the better your interest rates. Based on the chart, an interest rate could be anywhere between 3.17% and 13.76%! If you have bad credit, you may be on the higher side of that value. But don’t despair! You can always negotiate terms to see if you get a better deal. Plus, your interest rate is just one part of the equation. Pay attention to the details of the deal, like down payment and trade-in value.

What is the Average Interest Rate on a Car Loan?

You’ve seen the highs and lows, but what is the average interest rate on a car loan? The figures vary, but in the Fort Pierce area, between 3% and 4.5% tends to be the average interest rate. Keep in mind that your personal rate will depend on tons of different factors like credit history and car type, so the best way to get a good deal is to do your research and get pre-approved for the loan. 

Get Personalized Advice from the Experts

You’ve learned what is a good interest rate for a car loan, but we know that the financing process can be complicated. If you’d like to receive customized advice based on your unique needs, our financial experts are here to help. Contact us at Vatland CDJR in Vero Beach to set up an appointment or ask any questions. We look forward to finding your dream car at a great rate!

More from Vatland CDJR

  • 2019 Jeep Compass Review

    The new Jeep Compass for sale is a great option for Fort Pierce drivers in the market for a new compact SUV. Off-road prowess, luxurious style, and expert reviews all lend confidence to those considering a Jeep Compass purchase or lease. That’s why Vatland CDJR has consolidated that last item here, to show you what it has…

  • 2019 Jeep Grand Cherokee Towing Capacity

    The 2019 Jeep Grand Cherokee hauls up to 7,200 pounds towing capacity using your choice of four high-performance engines for the best power, along with a variety of interior features applauded by Fort Pierce drivers. Want to see the inventory of new Jeep Grand Cherokee for sale at Vatland CDJR? Learn more about Jeep Grand Cherokee towing…

  • 2019 Chrysler Pacifica Towing Capacity

    Moving passengers involves more than just hauling people – it means carrying lives along for the ride. That’s why the 2019 Chrysler Pacifica has a heavy towing capacity built into its six different trim levels. Exactly how much can the Pacifica tow, you may ask? Up to 3,600 pounds. That means if you need to…

Saved Vehicles ×


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us ×


Call Now

855 South, US-1 • Vero Beach, FL 32962

Get Directions

Today's Hours:

Open Today! Sales: 8am-7pm

Open Today! Service: 7:30am-6pm

Open Today! Parts: 7:30am-5:30pm

Vatland CDJR

855 South, US-1 Vero Beach, FL

Phone: 772-567-6633'17.1%22N+80%C2%B022'44.0%22W/@27.5880833,-80.3810776,17z/data=!3m1!4b1!4m5!3m4!1s0x0:0x0!8m2!3d27.5880833!4d-80.3788889


Phone: ​772-247-2267

855 South, US-1 Vero Beach, FL

Mobile Parts

Phone: ​772-497-0150

855 South, US-1 Vero Beach, FL


Phone: 772-217-2400

855 South, US-1 Vero Beach, FL

Mobile Sales

Phone: ​772-353-4909

855 South, US-1 Vero Beach, FL


Phone: 772-316-1822​

855 South, US-1 Vero Beach, FL

Mobile Service

Phone: 772-446-1910

855 South, US-1 Vero Beach, FL
27.631355 -80.390741
[schema type="organization" orgtype="LocalBusiness" url="" name="Vatland CDJR" description="" street="855 South, US-1" city="Vero Beach" state="FL" postalcode="32962" country="US" email="" phone="772-567-6633" logo=""]
Vatland CDJR
Vatland CDJR
855 South, US-1
Vero Beach, FL, 32962 US
Vatland CDJR 27.631355, -80.390741.