Capital One Bank Auto Loan Rates

Capital One Bank, the banking arm of the credit card company Capital One, is offering some very competitive auto loan rates.

The bank is advertising auto loan rates of 3.95% APR for a 36 month auto loan for a new auto purchase, which is one of the lowest auto loan rates advertised these days.

48 month auto loans and 60 month auto loan rates are higher, the current advertised APR is 4.25% for both loans. The actual interest rate you receive can be higher than their advertised rate and depends on your credit score.

Capital One Bank is also advertising used auto loan rates as low as 4.45% APR for a 36 month used auto loan. Interest rates for 48 month car loans and 60 month car loans are 4.90 percent.

If you already have an auto loan, you might be able to get a better rate by refinancing your loan with Capital One – they are currently advertising a refinance auto loan rate of 4.75% for 36 month loans. The bank claims you can save on average $1084 over the life of a loan. The also say they have a simple and no hassle auto refinance process.

Capital One Auto Loan Rates