Chase Car Loan Rates

Chase bank provides a variety of auto finance options.  Chase auto loans are available to purchase, new and used cars as well as small trucks, SUVs and mini-vans.  Used car loans can be made for vehicles that are not more than five years older than current model year and can not have more than 75,000 miles.

Chase auto loans are also available for car loan refinances.  For existing borrowers that have a higher car loan rate or lease payment, a car loan refinance offers an opportunity to lower the monthly car loan payment and total costs. 

To obtain a new auto loan form Chase Bank, prospective borrowers can apply for new loan 24 hours a day through the banks’ online loan application, or during bank business hours at one of the many Chase Bank branches.

Chase offers auto finance options that come with competitive rates for new and used auto loans.  Current auto loan rates and terms offered by Chase include the following:

Car loan rates for new cars from a dealer with a 48 month term have an interest rate of 3.66%.   New car loans with a 60 month term have a rate of 3.77% and the car loan rate for new purchases on 72 month term is 4.70%.

Used car loans from dealerships with a 48 month term have an interest rate of 3.71%.  Used car loans with a 60 month term have a 3.82% rate and used car loan rates for a 72 month term have an interest rate of 4.80%.

For private party purchases, the car loan rates are slightly higher.  The 48 month term car loan rate is 4.71%, the 60 month term car loan rate is 4.82% and the 72 month car loan rate is 5.80%.

Car loan refinances for the current model year follow the same rate as new car loan purchases for all terms.  Car loan rates for a refinance of the previous model year have a rate of 3.71% for 48 month term loans, 3.82% for 60 month term loans and 4.80% for 72 month term loans.

Car loan rates are subject to change at any time.  The auto loan rates listed are for the borrowers with excellent credit and have discounts for bank account holders.  All loans are subject to bank approval.  All loans are subject to credit approval but not all car loans require perfect credit.  Actual loan APRs will be determined when the application is processed and will be based on many factors including credit history, vehicle age, make/model, amount financed and the term of the loan.

The standard documents needed to complete a car loan application include: personal information on the applicant such as name, social security number, date of birth, address, phone number as well as the employment and income information for the applicant, purchase information regarding the price and amount of the loan and term, and the type of purchase.

For current auto loan rates and additional loan information a Chase Bank representative can be reached at 877-390-4441.

Tags: auto finance, auto loan, auto loan rates, car loan rates, new car loans, used car loans

This entry was posted on Saturday, March 13th, 2010 at 11:58 am and is filed under Car Loan Rates and Car Loan Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.